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Weather Floods

  • ORANGE, Texas/ HOUSTON, Sept 1- Rescuers searched flooded sections of southeastern Texas for people trapped by Hurricane Harvey's deluge on Friday, and Houston's mayor warned residents of the city's west that their neighborhoods may remain underwater for two weeks. The storm, one of the costliest to hit the United States, has displaced more than 1 million people,...

  • HOUSTON/ AUSTIN Sept 1- It might seem like Houstons historic flood would make Americas fourth-largest city a less desirable place to live, but its going to get more expensive, real estate experts say. Following a pattern seen in New Orleans after Hurricane Katrina, thats likely to drive up home prices and rents in high-and-dry neighborhoods.

  • No question we're in crisis mode for fuel distribution: PetroTex Fuels CEO

    Harvey Steinhagen, PetroTex Fuels president & CEO, discusses the issues facing fuel supply in areas around Texas following Hurricane Harvey.

  • ORANGE, Texas/ HOUSTON, Sept 1- A week after Hurricane Harvey came ashore in Texas, rescuers pressed their marathon search for survivors on Friday in large pockets of land that remained flooded by one of the costliest natural disasters to hit the United States. The storm has displaced more than 1 million people, with 44 feared dead from flooding that paralyzed...

  • NEW YORK, Sept 1- U.S. energy firms did not add any oil rigs this week as Hurricane Harvey barrelled into the nation's energy heartland, forcing drillers to halt production and refiners to shut plants. Hurricane Harvey has killed more than 40 people and brought record flooding to the U.S. oil heartland of Texas, paralyzing at least 4.4 million barrels per day of...

  • NEW YORK, Sept 1- U.S. energy firms did not add any oil rigs this week as Hurricane Harvey barrelled into the nation's energy heartland, forcing drillers to halt production and refiners to shut plants. Hurricane Harvey has killed more than 40 people and brought record flooding to the U.S. oil heartland of Texas, paralyzing at least 4.4 million barrels per day of...

  • BoAML: We could see a 40M-50M barrel buildup in crude inventories

    Francisco Blanch, Bank of America Merrill Lynch head of global commodity and derivatives research, discusses the outlook for oil and gas prices as many refineries are still offline in the Texas Gulf Coast area following Hurricane Harvey.

  • Hurricane Harvey

    We ask the Weather Company’s Dan Leonard how much Harvey will cost the region and the country in higher gas and oil prices, and more. What lessons have we learned to help coastal areas for future storms?

  • Entergy CEO: We've already restored power to about 300,000 customers

    Leo Denault, Entergy chairman & CEO, discusses his company's efforts to get electricity back to all customers affected by Hurricane Harvey.

  • Arkema president: We expect further container degradation

    CNBC's Scott Cohn reports on the refinery situation in Texas as refiners attempt to get back online, and an update on Arkema's chemical fires.

  • Medical units mobilize to deliver patients to care centers after Harvey

    CNBC's Contessa Brewer reports on medical teams delivering critical care to patients after Hurricane Harvey.

  • Katrina vs. Harvey: Which storm will prove the costiest in US history?

    CNBC's Kate Rogers breaks down the numbers on Hurricane Katrina and what economists are saying is different about Hurricane Harvey.

  • *Texas in the news, but at least 40 million people suffering in South Asia. NEW DELHI, Sept 1- The most devastating floods to hit South Asia in a decade have killed more than 1,400 people and focused attention on the poor planning and lack of preparedness for annual monsoon rains, as authorities struggle to get aid to millions of destitute. Floods in Texas have...

  • Flares signal refiners attempting to restart in Houston

    CNBC's Scott Cohn reports on the refinery situation in Texas as refiners attempt to get back online, and an update on Arkema's chemical fires.

  • Officials estimate more than 100K homes damaged by Harvey

    CNBC's Contessa Brewer reports on cleanup efforts by homeowners in the wake of Hurricane Harvey.

  • WASHINGTON, Aug 31- Estimates of the size of a Hurricane Harvey aid package for Texas and Louisiana rose on Thursday, with one proposal being drafted for $150 billion, while the White House promised to make a request for funding soon to Congress. The Trump administration will make a request to the U.S. Congress shortly for funds to help recovery efforts from Harvey,...

  • Harvey roared ashore late Friday as the most powerful hurricane to hit Texas in a half-century. Jessica Richard, 24, said she waited out the storm in her home in Port Arthur, about 85 miles east of Houston, until Thursday morning when water on her street rose to waist-depth. At least 38 people were dead or feared dead in six counties including and around Houston,...

  • WASHINGTON, Aug 31- Estimates of the size of a Hurricane Harvey aid package for Texas and Louisiana rose on Thursday, with one proposal being drafted for $150 billion, while the White House promised to make a request for funding soon to Congress. The Trump administration will make a request to the U.S. Congress shortly for funds to help recovery efforts from Harvey,...

  • HOUSTON, Aug 31- Oil refiners and port facilities in Corpus Christi, Texas, were making strides resuming operations from Hurricane Harvey, but Houston and other Gulf Coast energy hubs remained flooded, officials said on Thursday. Power has been restored to all four Corpus Christi- area oil refineries and the Army Corps of Engineers is conducting final surveys of...

  • HOUSTON, Aug 31- Oil refiners and port facilities in Corpus Christi, Texas, are making strides resuming operations but Houston and other Gulf Coast energy hubs are still flooded by Hurricane Harvey, officials said on Thursday. Power has been restored to all four Corpus Christi- area oil refineries and the Army Corps of Engineers is conducting final surveys of the...