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The Wall Street Journal: Houston flooding expected to cause bumpy ride for energy markets

Harvey knocked almost 15% of U.S. refinery capacity out of commission, which threatens to boost fuel prices across the country.

Energy markets could be in for a bumpy ride when they open Monday as investors try to gauge the impact of the disruption. After slamming into Texas on Friday and causing massive flooding in Houston over the weekend, the storm was moving east on Sunday toward a refining hub near the Louisiana border. That could shut down even more of the U.S. energy infrastructure.

Read:Some Houston refineries shut amid massive flooding

Also see:Here’s how much more you might pay for gasoline because of Hurricane Harvey

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