Ships Back Up in Houston Channel as Fire Roils Transports

Ships Back Up in Houston Channel as Fire Roils Transports

Assessment

Interactive Video

Business

University

Hard

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The video discusses the aftermath of a fire at the Intercontinental Terminals Company, with the CEO apologizing for the impact. It covers the status of the Houston Channel, which is partially open, causing delays for crude tankers. Ships must undergo decontamination before entering or leaving. The fire affects major refiners, leading to potential production cuts due to crude supply issues. The video also highlights challenges with crude types, as refiners are optimized for heavy crude, while available supply is mostly light sweet crude.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many barrels a day do the affected refiners move?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are the refiners facing in terms of crude supply?

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