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Emerald Coast Living

Largest U.S. refiner shutting as Harvey hits fuel-making hub

Posted on - Barbara Powell Brian K. Sullivan and Dan Murtaugh Bloomberg

The two refineries join more than a dozen others with a combined ability to produce more than 4 million barrels a day, or about 23 percent of U.S. capacity, that are at least partially offline. Gasoline futures are at the highest in two years, and the fuel’s premium to crude is at a 16-month high.