Hurricane Laura Threatens U.S. Oil Market

The video discusses the impact of a major storm on the Gulf Coast's energy infrastructure, focusing on the disruption to refineries and oil production. It highlights the challenges faced by shell producers and the potential oversupply of crude oil due to storage issues. The video also examines the market's reaction to the storm and the difficulties in refinery recovery, including flooding and power outages.

What are the potential consequences of the storm on the refineries located in the Gulf Coast?

How much gasoline production is currently shut in due to the storm?

What is the current state of crude oil storage in the United States compared to last year?

What challenges do workers face in returning to the refineries after the storm?

How does the market structure of gasoline differ from that of crude oil in the context of this storm?