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Damage to TX Oil Refineries Has Cost 1 Million Barrels Per Day — Here’s What That Means to You

As Tropical Storm Harvey continues to pummel the Texas Gulf Coast, 22 percent of the state’s oil refineries are completely shut down. Once progressives heard the news, it didn’t take long before they started mocking the devastating effects the storm had on the state and oil industry.

The Young Turks, hardly worth a mention, quickly attributed the storm to — you guessed it — climate change. They then went on to bash Houston oil companies, including ExxonMobil, suffering from the storm.

Cenk Uygur went as far as to start a petition calling for all federal funds to be withheld from major oil companies once the damage is assessed. “No federal or local assistance should be given to oil companies to recover from Hurricane Harvey,” because “they created this mess,” said Uygur.

Experts are urging consumers to brace for a sharp increase in the price of crude oil due to flooding and damage that forced several refineries to shut down.

Royal Dutch Shell shut down its Deer Park Refinery which produces up to 340,000 barrels per day. ExxonMobil, located in Baytown, Texas, also shut down its plant which produces up to 560,000 b/d. Petrobras, located in Pasadena, Texas, shut down its refinery which produces up to 110,000 b/d.

According to CNBC, other refineries aren’t too far behind.

“Traders and oil industry news services also say that the Phillips 66 Sweeny Texas Refinery (260,000 b/d) is shutting down, and that output at Marathon’s Galveston Bay refinery (460,000 b/d) and the Access Industries plant in Houston (260,000 b/d) are slowed because of the closed ship channel. The Magellan pipeline company has announced it’s shutting down its crude oil and refined product pipeline in Houston, which means remaining refineries there might be shutting down as well. Refineries in Corpus Christi owned by Flint Hills, Valero, and Citgo, totaling more than 700,000 barrels per day, had also been slated for controlled shutdowns according to an Oil Express news alert.”

CNBC also reported that even if the damage is controlled, it would be nearly impossible for thousands of workers to return to work safely.

VIDEOS

FULL EPISODE: 'The Democrats' Hydra'

"As one falls, two more will take their place." Democracy does die in darkness and is being strangled in secret, back-door arrangements. In the third part of Glenn's special series on the REAL Ukraine scandal, the team's research exposes a much bigger story of what Democrats were doing in Ukraine. Disturbing details and explosive documents reveal how the Obama Deep State allowed the theft of a country and has set the stage for devastating consequences in our democracy today. Glenn explains how it's all happening under the nose of the president and, more importantly, without the approval of the American people.

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Watch part 1 of the special: https://www.youtube.com/watch?v=kuvfY...

VIDEOS

DEMOCRACY DOES DIE IN DARKNESS: Glenn Beck presents a Ukraine special on the mainstream media

The Washington Post is absolutely correct...Democracy DOES Die in Darkness. Why then, is the mainstream media completely manipulating the narrative surrounding everything the Democrats have done in Ukraine? Why are they hiding the FACTS? Why aren't they digging for me? Glenn Beck presents a NEW Ukraine special, explaining exactly how the media -- and the Democrats -- are working so hard to hide the truth from YOU.

Watch the whole special here.

RADIO

Bill O'Reilly: How corrupt media twisted Joe Biden Ukraine scandal onto Trump

Bill O'Reilly gives his take on whether or not President Trump DID promise or threaten the President of Ukraine for dirt on Joe Biden, and whether or not the action is grounds for impeachment. But O'Reilly explains that either way, the media has demonstrated its corruptness yet again by manipulating the story away from a scandal for Joe and Hunter, and towards a potential, rumored wrongdoing by Donald Trump.