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    <title>Hurricane Harvey: Tropical Storm to Hit Texas Oil Production | Fortune</title>
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          <h1 class="headline heading-content margin-8-top margin-16-bottom">Harvey Expected to Wreak Hurricane Damage on Texas</h1>
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                    August 24, 2017
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                <p><a href="http://www.nhc.noaa.gov/#Harvey" target="_blank" rel="noopener noreferrer">Tropical Storm Harvey</a> is en route to becoming Texas&#8217; first full-fledged hurricane in nearly a decade, posing major flooding risks for cities as far inland as Houston while threatening the energy industry and oil production.</p>
                <p>The National Hurricane Center issued a <a href="http://www.nhc.noaa.gov/news/AL092017_key_messages.png" target="_blank" rel="noopener noreferrer">warning Thursday morning that Harvey</a> has &#8220;intensified quickly&#8221; and is expected to devolve into a hurricane by the time it makes landfall. The federal agency warns of surge flooding that could bring 12 to 20 inches of rain—and, in some instances, as much as 30 inches—to parts of the Texas coast. Residents are advised to to complete precautionary measures by Thursday night.</p>
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                <p>Texas&#8217; sprawling energy sector is monitoring the situation closely. As of Thursday, giants like <a href="http://fortune.com/fortune500/anadarko-petroleum/" target="_blank">Anadarko Petroleum</a> Corporation were <a href="https://www.cnbc.com/2017/08/23/tropical-storm-harvey-springs-back-life-now-threatens-one-third-of-u-s-refining-capacity.html" target="_blank" rel="noopener noreferrer">already pulling their employees</a> from worksites surrounding the Gulf of Mexico.</p>
                
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                <p>Flooding and heavy rainfall could affect both onshore and offshore drilling. But an even bigger problem may be disruptions to refining capacity and oil transport. <a href="https://www.eia.gov/state/?sid=TX" target="_blank" rel="noopener noreferrer">Texas has 29 petroleum refineries</a> carrying a capacity of more than 5.4 million barrels of crude oil every day, making up 30% of total U.S. refining capacity, according to the U.S. Energy Information Administration.</p>
                <p><a href="http://www.marketwatch.com/story/natural-gas-prices-hold-on-to-earlier-gains-as-rise-in-us-supply-comes-in-a-bit-smaller-than-expected-2017-08-24" target="_blank" rel="noopener noreferrer">Natural gas prices have risen</a> in anticipation of the hurricane, which would be the first one to hit Texas since 2008&#8217;s Hurricane Ike.</p>
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