Hurricane Joaquin Seen Menacing U.S. East Coast Refineries
- Threats to refineries near N.Y. Harbor can impact prices
- Sandy in 2012 was last hurricane to batter U.S. East Coast
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Energy traders are keeping an eye on Hurricane Joaquin because of the threat it poses to refineries along the U.S. East Coast.
The hurricane is seen passing off the New Jersey coast on Tuesday, according to the National Hurricane Center. There are three refineries in the state and another three nearby in the Philadelphia area and Delaware. East Coast production, distribution and demand was disrupted by Hurricane Sandy in October 2012.