"Texas Moves Toward Post-Harvey Recovery; Gas Prices Slip"

"HOUSTON - Texas on Monday edged toward recovery from the devastation of Hurricane Harvey as shipping channels, oil pipelines and refineries restarted some operations and authorities lifted an evacuation order for the area around a once-burning chemical plant.

Port operations across the U.S. Gulf Coast oil and gas hub were resuming, although many still had restrictions on vessel draft, according to U.S. Coast Guard updates.

U.S. gasoline prices fell in expectation that the area can get back on its feet after Harvey cut a path of destruction across more than 300 miles (480 km). The storm’s record rains and flooding killed as many as 60 people, according to local officials, and displaced more than 1 million. Benchmark U.S. gasoline futures fell by more than 3 percent on Monday."

Daniel Trotta reports for Reuters September 4, 2017.

SEE ALSO:

"Valero Says Corpus Christi, Texas City Refineries At Pre-Harvey Levels" (Reuters)