Florida Terminals Taking Precautions Ahead of Hurricane Idalia — OPIS
As Hurricane Idalia approaches the west coast of Florida, some terminals have taken precautions with plans to shut down later this evening.
Kinder Morgan Inc. has confirmed that it is planning to shut down the Tampa refined products terminal as well as the Central Florida Pipeline system later Tuesday. Sources said that the terminal is expected to close at 8 p.m. ET this evening.
"Our Orlando refined products facility remains operational at this time, but we are closely monitoring the storm's progress to prepare for any impacts," Kinder Morgan spokesperson Amy Baek said in an emailed statement.
Kinder Morgan has also closed the Port Manatee, Port Sutton and Tampaplex terminals.
Sources said that Chevron Corp.'s terminal in Tampa has shut down as well, and that because vessel traffic has been slowed, the company's Panama City terminal is out of fuel.
Additionally, the Center Point Terminal in Jacksonville is closing this evening at 10 p.m. ET.
This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.
--Reporting by Denton Cinquegrana, dcinquegrana@opisnet.com; Editing by Michael Kelly, mkelly@opisnet.com
(END) Dow Jones Newswires
August 29, 2023 15:41 ET (19:41 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
Is the Era of Volatility-Suppressing Policies Possibly Over?
-
5 Undervalued Stocks That Crushed Earnings for Q1 2024
-
What Does Nvidia’s Stock Split Mean for Investors?
-
After Earnings, Is Home Depot Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Baidu Stock a Buy, a Sell, or Fairly Valued?
-
Why Stocks Are Hitting Record Highs—and What Could Send Them Back to Earth
-
2 Wide-Moat Stocks to Consider
-
Live Nation: Breakup Sought by Department of Justice Probably Wouldn’t Affect Fair Value Much
-
After Earnings, Is Applied Materials Stock a Buy, Sell, or Fairly Valued?
-
The Best Energy Stocks to Buy
-
Snowflake Earnings: Mixed News, But Signs of Stability
-
Nvidia Earnings: AI Demand Smashes Expectations Again
-
After Earnings, Is Walmart Stock a Buy, a Sell, or Fairly Valued?
-
Target Earnings: Margins Hold Up, but Top Line Constrained by Weak Discretionary Spending