Energy in America

___ Harvey knocks out more refineries, shifting global oil flows DALLAS (AP) — With more refineries shutting down along the Gulf Coast, Hurricane Harvey will likely cause temporary shifts in the flow of oil and gasoline around the world.

The Environmental Protection Agency has issued emergency waivers allowing states from Maryland to Texas to ignore some clean-air requirements for gasoline.

The Environmental Protection Agency has issued emergency waivers allowing states from Maryland to Texas to ignore some clean-air requirements for gasoline.

Stocks that moved substantially or traded heavily on Wednesday: Analog Devices Inc., up $4.17 to $83.72 The chipmaker reported strong third-quarter results and gave a better-than-expected revenue forecast for the current period.

Stocks that moved substantially or traded heavily on Wednesday: Analog Devices Inc., up $4.17 to $83.72 The chipmaker reported strong third-quarter results and gave a better-than-expected revenue forecast for the current period.

Lipow Oil Associates President Andy Lipow on Harvey’s impact on oil and gas.

Gasoline futures surged on Wednesday to another two-year high and crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of U.S. refinery capacity, curbing demand for crude while raising the risk of fuel shortages.

Houston's population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five years ago, according to an Associated Press investigation.

Former Shell Oil President John Hofmeister, during an appearance on FOX Business, said rain hinders refineries' ability to produce gas effectively.

The nation's largest refinery is out of commission, and the critical Colonial pipeline is running at reduced capacity.

Royal Dutch Shell staff have returned to a major oil and gas platform in the Gulf of Mexico in preparation to restart production one week after its shutdown due to Hurricane Harvey, industry sources said on Wednesday.

Company officials say an industrial accident at a coal-fired power plant in western Pennsylvania has left two workers dead and four others injured.

Company officials say an industrial accident at a coal-fired power plant in western Pennsylvania has left two workers dead and four others injured.

Asian stocks were higher Wednesday as investors hunted for bargains and shrugged off geopolitical tensions a day after North Korea fired a missile that flew over northern Japan.

Asian stocks were higher Wednesday as investors hunted for bargains and shrugged off geopolitical tensions a day after North Korea fired a missile that flew over northern Japan.

The Commerce Department issues its second look at the performance of the overall economy for the April-June quarter.

U.S. stocks are following other global market indexes lower Tuesday after investors were shaken up by North Korea's launch of a midrange ballistic missile that crossed over northern Japan and fell into the Pacific Ocean.

The largest refinery in the country has cut output by nearly half as it deals with Tropical Storm Harvey, which continues to pummel the Texas Gulf Coast.