Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
Over 1.4 mln bpd gasoline output lost by Ike-EIA
WASHINGTON (Reuters) - The 14 oil refineries shut in Texas by Hurricane Ike represent over 1.4 million barrels a day in lost gasoline production and nearly 1 million barrels a day in lost distillate fuel output, the U.S. Energy Information Administration said on Saturday.
Since refineries along the Gulf Coast were first shut by Hurricane Gustav, over 21 million barrels of petroleum products have not been produced, including 10 million barrels of gasoline and 7 million barrels of distillate fuel, the Energy Department's analytical arm said in its daily hurricane update.
"This does not even include reduced production from refineries that have reduced runs at various times during Hurricanes Gustav or Ike," the EIA said.
(Reporting by Tom Doggett, editing by Philip Barbara)
