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Refining in the Northeast Finally Coming Back Online

In this video, Motley Fool Energy Analyst Taylor Muckerman discusses the ongoing struggles in the Northeast U.S. due to flooding and power loss after two major storms hit the area. The crude oil refineries in the region are working to get back online to keep up with demand. Hess (NYSE: HES  ) has now announced that its 70,000-barrel refinery in Port Reading, NJ is back in production, whereas Shell (NYSE: RDS-B  ) and partners are only operating at limited capacity. Phillips 66 still expects one to two more weeks before its 238K barrel facility is back in operation.

Natural disasters can often have a big impact on oil supply, and therefore on prices. If you're on the lookout for some currently intriguing energy plays, check out The Motley Fool's 3 Stocks for $100 Oil. You can get free access to this special report by clicking here.


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Taylor Muckerman
TMFrunAMuck

Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.

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Related Tickers

7/2/2015 12:20 PM
HES $65.84 Up +0.42 +0.64%
Hess Corp. CAPS Rating: *****
RDS-B $57.42 Up +0.66 +1.16%
Royal Dutch Shell CAPS Rating: ***

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