"The U.S. 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."
"HOUSTON - Two key fuel pipelines were set to start up on Monday after certain segments in Texas were shut because of Hurricane Harvey, helping alleviate concerns about rising retail prices and the domestic distribution of gasoline and distillates."
"Gasoline futures surged on Wednesday to a two-year high while crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of U.S. refinery capacity, curbing demand for crude while raising the risk of fuel shortages."
"Gov. Rick Snyder on Wednesday ordered an accelerated and “aggressive” review of Enbridge Energy operations and maintenance procedures after the company revealed that at least two areas on twin pipelines running under the Straits of Mackinac are missing enamel coating."
"The Federal Energy Regulatory Commission has approved construction of a high-pressure pipeline that will carry natural gas from the shale fields of Appalachia, across northern Ohio and into Michigan and Canada, a decision likely to be a death blow for project opponents concerned about safety and property rights."
"ExxonMobil acknowledged Tuesday that Hurricane Harvey damaged two of its refineries, causing the release of hazardous pollutants."
"Even as the floodwaters continue to rise in East Texas, it's clear that Hurricane Harvey will force a new reckoning over major energy and climate policy questions."
"Oil and gas producers might have a harder time breaking even in shale plays containing federally controlled land, but that may have little to do with the regulatory and permitting burdens associated with extracting hydrocarbons from public acreage, energy researchers say."
"Hurricane Harvey has barreled into the heart of the U.S. oil and gas industry, prompting the sudden evacuation of workers. Spot prices for gasoline are expected to jump Monday, but the full extent of damage will not be clear for days, companies and experts said."
"A rush study on the reliability of the nation's electric grid ordered by Secretary of Energy Rick Perry concedes that the rapid increase of clean, cheap solar and wind power hasn't thrown the power network out of kilter."
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