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Top News & Analysis Louisiana

  • Energy Secretary has approved the release of up to 4.5 million barrels of crude oil from the Strategic Petroleum Reserve in response to the impact from Hurricane Harvey, the Department of Energy said on Friday. Secretary of Energy has authorized the Strategic Petroleum Reserve to negotiate and execute emergency exchange agreements for up to 4.5 million...

  • 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...

  • WASHINGTON, Sept 1- President Donald Trump said on Friday he expects to soon make an initial funding request to the U.S. Congress to help Texas and Louisiana recover from the devastation of Hurricane Harvey. Trump made the comment as he thanked charitable organizations for coming to the aid of people affected by the storm. His initial request to Congress is...

  • *Some U.S. oil refineries shut by Harvey are restarting. Harvey, downgraded to a tropical storm and losing steam as it moved inland, killed more than 40 people and brought record flooding that shut at least 4.4 million barrels per day of refining capacity. Brent crude for November was 36 cents lower at $52.50 a barrel by 12:53 EDT.

  • 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...

  • "With so much rebuilding needed, we should make it easier for folks to get back to work," said Representative Lloyd Doggett, a Democrat whose constituency includes parts of southeast Texas. President Donald Trump, a Republican, built a base of support in the 2016 election campaign by vowing to stop people immigrating to the United States illegally and is pushing...

  • *Some U.S. oil refineries shut by Harvey are restarting. NEW YORK, Sept 1- Oil prices recouped some losses from earlier in the day on Friday to trade relatively flat as some refineries shut by Hurricane Harvey along the U.S. Gulf Coast began to restart, calming fears over fuel shortages. Harvey, downgraded to a tropical storm and losing steam as it moved inland, killed...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • 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?

  • LONDON, Sept 1- Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the U.S. refining industry. Brent crude for November was down 40 cents at $52.46 a barrel by 1350 GMT. U.S. crude was last down 40 cents at $46.83 a barrel.

  • LONDON, Sept 1- Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralysing a quarter of the U.S. refining industry. Brent crude for November was down 10 cents at $52.76 a barrel by 1210 GMT. U.S. crude was last down 10 cents at $47.13 a barrel.

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • LONDON, Sept 1- Oil prices fell on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralysing a quarter of the U.S. refining industry. Brent crude for November was down 50 cents at $52.36 a barrel by 0930 GMT. U.S. crude was last down 50 cents at $46.73 a barrel.

  • LONDON, Sept 1- Oil prices fell on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralysing over a quarter of the U.S. refining industry. "The hurricane will affect refining more than production," said Tony Nunan, oil risk manager at Mitsubishi Corp. "Production will come back...