HomeMarketsU.S. Economy & JobsHow Hurricane Ida Impacted Gulf Coast Refineries & How OPEC+ Output Production Affects Gasoline Prices

How Hurricane Ida Impacted Gulf Coast Refineries & How OPEC+ Output Production Affects Gasoline Prices

After Hurricane Ida, refiners are starting to get some power back, but it may take full power restoration days longer, says Patrick Dehaan, Head of Petroleum Analysis at GasBuddy. He discusses how Hurricane Ida impacted gulf coast refineries, specifically mentioning RBOB Gasoline Futures (/RB). He talks about energy stocks which include Exxon Mobil (XOM), Chevron (CVX), EOG Resources (EOG), Kinder Morgan (KMI), and ConocoPhillips (COP). He then goes over how the OPEC+ output production affects gasoline prices. Tune in to find out more.

The Watch List

03 Sep 2021

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