Beryl May Threathen Core of U.S. Refining Industry

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Beryl May Threathen Core of U.S. Refining Industry
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Computer models show thestorm's future path along the Texas coast, which is home to 32 oil refineries.

The National Oceanic and Atmospheric Administration's NOAA National Hurricane Center NHC downgraded Hurricane Beryl to a Category 4 storm from a Category 5 on the Saffir-Simpson Hurricane Wind Scale on Wednesday morning. Beryl is the earliest hurricane on record to strengthen into a Category 5 as it churns across the southeastern Caribbean Sea.

Here's more from Bloomberg Company also began evacuating non-essential personnel as precautionary measure Shell is also evacuating non-essential staff from the Whale asset, which is not scheduled to begin operations until later this year Production from the Shell-operated Perdido platform feeds into the HOOPS Blend, a medium sour oil with 29.2 API and 1.

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