Tropical Storm Harvey

US oil exports are about to spike after Hurricane Harvey

The Gulf Coast was ravaged by Hurricane Harvey, and the effects are going to take time to wear off, but the situation has also made U.S. crude exports much more competitive.<p>Harvey knocked out more than 4 million barrels per day (mb/d) of refining capacity for a few days, but three weeks on from the …

Oil

Dave Eggers: 'As the hurricane bore down, Trump tweeted his excitement'

The novelist counts the political cost of hurricanes Harvey and Irma<p>• ‘Everything is gone’: Americans return to their flooded homes<p>It had been 12 years, since Katrina, that an Atlantic hurricane of this strength had made landfall on the American mainland.<p>On 17 August, meteorologists were watching …

Weather

5 ways to stretch your disaster relief dollars

Malachia Medrano, 2, sleeps under a donated blanket at a shelter for Tropical Storm Harvey evacuees(Credit: AP/LM Otero)<p>From Irma to Harvey to Maria, there’s an art to helping the needy the most effectively and efficiently<p>David Campbell2017-09-23T11:29:01Z•2017-09-23T11:29:01Z•0 Comments<p>0 …

Liberal View

Flood, fix and flip: Houston housing investors see profit in Harvey's wake

HOUSTON (Reuters) - Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty profit.<p>Sasser first followed that game plan after Tropical Storm Allison …

Personal Finance

Hurricane-ravaged U.S. cities hit by rising cleanup costs

HOUSTON (Reuters) - Communities in Texas and Florida, each swamped by a hurricane within two weeks of one another, are rewriting debris removal contracts and paying millions of dollars more to lure trucks, as subcontractors say costs have jumped.<p>The willingness of communities to renegotiate such …

News (U.S.)

Europe diesel exports hit record as Harvey redraws trade

LONDON (Reuters) - Europe is set to export a record volume of diesel in September as Latin American buyers struggle to recover from a drop in U.S. supplies in the wake of Hurricane Harvey, according to shipping data and traders.<p>Europe regularly imports large volumes of the road fuel as the region's …

Gulf Coast

Flood-damaged cars from U.S. may hit Canadian market, agencies warn

Consumer protection agencies are warning those shopping for used cars to stay alert as some vehicles damaged in the recent floods south of the border may appear on the Canadian market.<p>The agencies say vehicles caught up in hurricane Harvey and other disasters will likely be disposed of by insurers …

United States

New potential burden for Houston homeowners: higher taxes

HOUSTON (AP) — As Houston recovers from Harvey's devastating flooding, many homeowners could be asked to shoulder an added financial burden: higher taxes on the same houses they are struggling to rebuild.<p>Mayor Sylvester Turner has proposed a one-time increase in the city's property tax rate to help …

News (U.S.)

The Brutal Racial Politics of Climate Change and Pollution

As I watched coverage of Harvey's flood damage in Houston, Irma's wreckage in the Caribbean, the devastating record monsoons in South Asia, and the …

Liberal View

How will climate change impact future floods and flood insurance?

Houses are seen submerged in flood waters caused by Tropical Storm Harvey in Northwest Houston, Texas, on August 30, 2017. Photo by REUTERS/Adrees …

Climate Change

Churches Must Not Be Excluded From FEMA Relief, Senators Declare in Bill Tackling 'Discrimination'

Four Republican senators have introduced a new bill aimed at allowing houses of worship, such as churches, the right to receive federal assistance in …

Hurricane Harvey

Energy contract lawsuits expected to jump in Harvey's wake

HOUSTON (Reuters) - Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of U.S. fuel output and pushing some oil production offline.<p>Hurricanes and other natural disasters can affect the …

Business

13 tips for covering a hurricane

In the midst of a nearly unprecedented hurricane season, as yet another made its way toward Puerto Rico and the U.S. Virgin Islands, one editor whose …

Journalism

Texas Woman Is Reunited With Her Flood-Damaged Wedding Dress

It’s been nearly a month since Tropical Storm Harvey made landfall in southeast Texas. Now that the sun has made the occasional appearance and the …

Hurricane Harvey

Operational, credit risks in Texas in wake of Harvey: Moody's

(Reuters) - Some local governments in the 39 Texas counties declared disaster areas due to Hurricane Harvey could face operational and credit risks in the storm's aftermath, Moody's Investors Service said in a report released on Tuesday.<p>The credit rating agency said business disruptions and damages …

Business

Floods, fires, other disasters add stress to state budgets

ATLANTA (AP) — A summer of natural catastrophes, from epic hurricanes to scorching wildfires, has exposed another peril in disaster-prone states: How to pay for the rescues, repairs and rebuilding.<p>The combined tab from Hurricanes Harvey and Irma is expected to hit $200 billion or more. While the …

News (U.S.)

UK Stocks-Factors to watch on Sept 18

Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 21 points at 7,236.1 on Monday, according to financial bookmakers.<p>* SHELL: …

Hurricane Harvey

Fake photo of Trump saving cats during Harvey takes over the internet

A viral photograph is turning heads across the internet, but not for the right reasons.<p>An image showing what looked to be President Donald Trump "rescuing" two tabby cats from the Hurricane Harvey flood waters was posted on to a Facebook page called "All about President Trump," and has received …

Hurricane Harvey

How to deal with an age of disasters

HOUSTON — When Hurricane Harvey flooded Houston, followed by a strong hurricane in Florida, much of the media response indicated that the severe …

Hurricane Harvey

Harvey's recovery czar says he's 'future-proofing' Texas — but he has yet to propose changes to policies that made Houston a 'ticking time bomb'

AUSTIN, Texas (AP) — The man tasked with overseeing Texas' Hurricane Harvey rebuilding efforts sees his job as "future-proofing" before the next disaster, but he isn't empowered on his own to reshape flood-prone Houston or the state's vulnerable coastline, which has been walloped by three major …

Hurricane Harvey

J.J. Watt's Hurricane Harvey charity fundraising closes with $37M-plus in donations

Texans star J.J. Watt released his final fundraising figures for those affected when Hurricane Harvey hit Texas, announcing on his website that his …

Hurricane Harvey

US coastal growth continues despite lessons of past storms

Rising sea levels and fierce storms have failed to stop relentless population growth along U.S. coasts in recent years, a new Associated Press analysis shows. The latest punishing hurricanes scored bull's-eyes on two of the country's fastest growing regions: coastal Texas around Houston and resort …

Weather

Houston residents, officials stew over Harvey storm-trash removal

HOUSTON (Reuters) - Disposing of the mounds of debris lining Houston streets three weeks after Hurricane Harvey flooding damaged about 126,000 homes is riling residents and officials in the nation's fourth largest city.<p>The sheer volume of work is overwhelming initial efforts, say residents, …

News (U.S.)

Free abortions offered to women affected by Hurricane Harvey

Whole Woman’s Health, a reproductive health care organization, in collaboration with other groups, is offering free abortions to women affected by Hurricane Harvey.<p>At least 74 women have already taken the organization up on the offer, or have scheduled an appointment for the procedure, the Dallas …

Health

We need to rethink how we talk about infrastructure after Hurricanes Harvey and Irma

The wonky words infrastructure and resilience have circulated widely of late, particularly since Hurricanes Harvey and Irma struck paralyzing, costly blows in two of America’s fastest-growing states.<p>Resilience is a property traditionally defined as the ability to bounce back. A host of engineers …

National Flood Insurance Program

Oil and chemical spills from Hurricane Harvey big, but dwarfed by Katrina

NEW YORK/BOSTON (Reuters) - More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the U.S. …

Hurricane Harvey

Flooded-out cars from Texas and Florida may be headed to Nebraska disguised as 'bargains'; officials advise caution

Recent hurricanes damaged millions of cars and pickups in Texas and Florida, and some of them might escape the salvage yard and make their way to …

Weather

Storm Impacted Markets Provide Demand Lift For Timber REITs And Self-Storage REITs

Storm impacted markets in Texas and Florida provide demand lift for Timber REITs and Self-Storage REITs.<p>Flood driven renovations should benefit …

Stocks

U.S. retail sales unexpectedly fall in August

WASHINGTON (Reuters) - U.S. retail sales unexpectedly fell in August as Hurricane Harvey likely depressed motor vehicle purchases, suggesting a moderation in consumer spending in the third quarter.<p>The Commerce Department said on Friday retail sales dropped 0.2 percent last month. Data for July was …

Business