FACTBOX: Hurricane Francine boosts energy prices despite limited facility damages

Oil and natural gas producers, refiners and power companies were ramping back up and assessing limited damages Sept. 12 after Hurricane Francine brought torrential rain and power outages across southeast Louisiana. US Gulf of Mexico production shut-ins reached an expected peak Sept. 12, contributing to higher crude, gasoline and natural gas prices compared to the previous day. As of around… Oil and natural gas producers, refiners and power companies were ramping back up and assessing limited damages Sept. 12 after Hurricane Francine brought torrential rain and power outages across southeast Louisiana. US Gulf of Mexico production shut-ins reached an expected peak Sept. 12, contributing to higher crude, gasoline and natural gas prices compared to the previous day. As of around… Read More