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Top News & Analysis Texas

  • LAKE CHARLES, La./ HOUSTON, Aug 31- Tropical Depression Harvey weakened as it moved inland over Louisiana on Thursday, leaving behind record flooding that drove tens of thousands from their homes in Texas. A new threat came from explosions at a flood-hit chemical plant in Crosby, 30 miles northeast of Houston. Flood watches and warnings extend from the Texas-...

  • *No inventory shortages emerging yet in Asia- buyers. At least 300,000 tonnes in LPG shipments to Asia have been delayed after U.S. Based on IHS Markit data, Asia imported close to 53 million tonnes of LPG in 2016, with about 66 percent coming from the Middle East and 22 percent from the United States.

  • Aug 31- Smoke and an explosion were reported on Thursday at the flood-hit Arkema SA chemical plant in Crosby, Texas, Houston TV station Fox 26 reported.

  • EXPLOSION, SMOKE REPORTED AT FLOOD-HIT ARKEMA SA CHEMICAL PLANT IN CROSBY, TEXAS- HOUSTON TV STATION.

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Aug 31- Tropical Storm Harvey's effect on the energy industry has spread beyond flooding U.S. refiners as fuel pipelines also shut, threatening a supply squeeze across the nation and stirring up world markets as U.S. retail fuel prices rose further. At least two East Coast refineries have...

  • Lucia Quiej joins with demonstrators, including students from local high schools as well as a college, to rally in front of Homestead City Hall against President-elect Donald Trump and are asking that the city be used as a sanctuary city and their respecti

    A federal judge temporarily blocked most of Texas' tough new "sanctuary cities" law that would have let police officers ask people during routine stops whether they're in the U.S. legally.

  • LAKE CHARLES, La./ HOUSTON, Aug 31- Tropical Depression Harvey weakened as it moved inland over Louisiana on Thursday, leaving behind record flooding that drove tens of thousands from their homes in Texas, with the death toll rising as bodies were found in receding waters. The storm that paralyzed Houston is predicted to be one of the most expensive natural...

  • SINGAPORE, Aug 31- Gasoline prices in the United States hit $2 a gallon for the first time since 2015 on Thursday as flooding from storm Harvey knocked out almost a quarter of U.S. refineries, while crude prices remained weak as demand dropped following the outages. Harvey has battered the U.S. Gulf coast since last Friday, ripping through Texas, Louisiana and the...

  • LAKE CHARLES, La./ HOUSTON, Aug 31- Tropical Depression Harvey weakened as it moved inland over Louisiana on Thursday, leaving behind record flooding that drove tens of thousands from their homes in Texas, with the death toll rising as bodies were found in receding waters. The storm that paralyzed Houston is predicted to be one of the most expensive natural...

  • Unimpressive U.S. economic data failed to boost expectations for another Federal Reserve rate increase this year.

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Aug 31- Tropical Storm Harvey's effect on the energy industry has spread beyond flooded U.S. refiners as fuel pipelines are also shut, threatening a supply squeeze around the country and roiling world markets as traders scramble to find alternative supplies. At least two East Coast...

  • LAUNCESTON, Australia, Aug 31- Crude oil's flirtation with backwardation has been hit by the market dislocations caused by Hurricane Harvey, the massive storm that is disrupting the U.S. crude oil import, export and refining hubs along the Gulf of Mexico coast. But by the close on Wednesday, the global benchmark oil was once again mainly in contango, with the...

  • *U.S. gasoline shoots to $2 per gallon for 1st time since 2015. SINGAPORE, Aug 31- Gasoline prices hit $2 a gallon for the first time since 2015 on Thursday as flooding from storm Harvey knocked out almost a quarter of U.S. refineries, while crude prices stabilised following a slump the previous day. Harvey has battered the U.S. Gulf coast since last Friday, ripping...

  • WASHINGTON, Aug 30- Arkema SA expects chemicals to catch fire or explode at its heavily flooded plant in Crosby, Texas in the coming days because the plant has lost power to its chemical cooling systems, a company official said on Wednesday. The company evacuated remaining workers on Tuesday, and Harris County ordered the evacuation of residents in a 1.5- mile...

  • ARKEMA AMERICAS CEO SAYS MOST LIKELY OUTCOME AT CROSBY, TEXAS PLANT IS A FIRE THAT WOULD' PROBABLY RESEMBLE A LARGE GASOLINE FIRE'- COMPANY STATEMENT.

  • HOUSTON/ SAN FRANCISCO, Aug 30- In the coming weeks, as Houston turns its attention to rebuilding areas devastated by Tropical Storm Harvey, people like Jay De Leon are likely to play an outsized role if they stay around. De Leon, 47, owns a small construction business in Houston, and he and his 10 employees do exactly the kind of demolition and refurbishing the city...

  • LAKE CHARLES, La./ HOUSTON, Aug 30- Tropical Storm Harvey spun across southeast Texas into Louisiana on Wednesday, sending more people fleeing for shelter after swamping Houston with record rains and flooding that killed at least 35 people and drove tens of thousands from their homes. The storm has forced 32,000 people into shelters since coming ashore on Friday...

  • HOUSTON/ NEW YORK, Aug 30- Tropical Storm Harvey further damaged the heart of the U.S. energy industry on Wednesday, churning into Louisiana after flooding the biggest U.S. refinery in Texas, forcing major pipelines to halt operations and threatening a supply squeeze for weeks. At least two East Coast refineries have already run out of gasoline for immediate...

  • *U.S. gasoline shoots to $2 per gallon for 1st time since 2015. SINGAPORE, Aug 31- Gasoline prices hit $2 a gallon for the first time since 2015 on Thursday as flooding from tropical storm Harvey knocked out almost a quarter of U.S. refineries, while crude oil prices fell again on the resulting drop in demand. Harvey has battered the U.S. Gulf coast since last Friday,...

  • HOUSTON/ NEW YORK, Aug 30- Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry on Wednesday, churning into Louisiana after flooding the biggest U.S. refinery in Texas, causing major fuel pipelines to Midwest and East Coast markets to suspend operations and threatening to squeeze supplies across the country for weeks.