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Hurricane Harvey Misses Mexico But Not Its Gasoline Supply

  • Pemex to diversify fuel imports with U.S. refiners shut
  • Mexico refinery output lowest in decades because of outages
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Assessing the Impact of Hurricane Harvey

Updated on

Mexico’s lucky escape from Hurricane Harvey could still mean higher fuel costs and shortages ahead for the no. 1 buyer of U.S. gasoline.

While the storm passed relatively harmlessly over Mexico’s Yucatan Peninsula, it strengthened to a Category 4 hurricane before making landfall in Texas near the U.S. Gulf Coast’s refinery hub that helps feed Mexico’s transportation system.