What Harvey Means for the Energy Market

The video discusses the impact of Hurricane Harvey on insurance coverage, particularly for homeowners and businesses, highlighting that a significant portion of losses are uninsured. It examines the storm's effect on the energy infrastructure in Texas, focusing on the hardest-hit areas like Houston and Corpus Christi, and the risks to the largest US refinery in Port Arthur. The discussion extends to the potential loss of US refining capacity and the implications for gasoline supply and prices, especially in New York, due to reduced input into the Colonial Pipeline.

What proportion of Harvey's losses are expected to be uninsured?

• 1/2

• 2/3

• 3/4

• 1/3

Which area was hit hardest by the storm in terms of refining industry?

• Dallas

• Austin

• Houston

• San Antonio

What is the daily refining capacity of the largest refinery in the USA located in Port Arthur?

• 800,000 barrels

• 500,000 barrels

• 600,000 barrels

• 700,000 barrels

What is the main pipeline that services the eastern part of the US?

• Dakota Access Pipeline

• Colonial Pipeline

• Trans-Alaska Pipeline

• Keystone Pipeline

What is the expected impact on gasoline prices in New York due to the storm?

• Prices will fluctuate randomly

• Prices will remain stable

• Prices will increase

• Prices will decrease