Energy

Refineries And Oil Rigs Shuttered By Harvey Are Coming Back Online

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Tim Pearce Energy Reporter
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Oil industry infrastructure that was shut down as Hurricane Harvey ravaged the Gulf Coast of Texas is starting to come back online, Axios reports.

Eight refineries representing 11.4 percent of U.S. refining capacity are beginning procedures to restart, a process that could take weeks or months for each plant to operate at full capacity again, according to a Monday Department of Energy (DOE) report.

Harvey knocked out more than a fifth of U.S. refining capacity overall. Half of that should be back online by Thursday, however, Goldman Sachs officials told Axios.

Colonial Pipeline has begun carrying jet fuel and diesel in certain lines shut down due to Harvey, however, its natural gas lines are still empty. Colonial is the largest refined product pipeline in the U.S., supplying the East Coast with jet fuel, diesel, and natural gas.

Offshore oil rigs and platforms in the Gulf of Mexico are almost completely back online, Axios reports.

Platforms are anchored to the seabed and supply a stable base for oil rigs needing repairs and maintenance. Fourteen of 737 platforms in the Gulf remain evacuated. Workers have returned to all five rigs evacuated before Harvey, though, the Bureau of Safety and Environmental Enforcement reported Monday.

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