Gulf Coast Needs $14 Billion Storm Barrier, Chemical Makers Say
- Levies, flood gates would guard Houston area from storm surge
- Next hurricane could shut port for months, Texas senator says
Petroleum barges docked in port at Texas City, Texas on Aug. 30, 2017.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Chemical companies are pressing federal officials to spend billions of dollars on a coastal flood control system near Houston to protect petrochemical plants, oil refineries and shipping infrastructure from the next hurricane.
The coastal spine, as the project is called, is among the most important infrastructure investments needed to mitigate damage from major storms, Bob Patel, chief executive officer of LyondellBasell Industries NV, said Monday at an industry conference to discuss lessons learned from Hurricane Harvey.