Mississippi Flooding May Disrupt Gulf Coast Oil Refineries

The oil industry is watching the Mississippi River flooding closely amid fears that key oil refineries may be disrupted, possibly causing gasoline shortages and price spikes. About half of the nation's oil refinery capacity is concentrated in the Gulf Coast region, according to the U.S. Energy Information Administration Andrew Lipow, president of Lipow Oil Associates in Houston, said only one refinery, run by Alon USA Energy in Krotz Springs, Louisiana, is at risk for flooding in the next...Full Story
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