In a modern world like ours right now, we use energy in just about every aspect of our lives. From our personal smart gadgets to home, kitchen and entertainment appliances, to major machines and devices used in school, offices, and major industries, energy is a major factor to make all these things work for our comfort and convenience. Our preferred energy source is actually non-renewable like fossil fuel, which means we may use it all sometime in the future. That is the major concern among conservationists and everybody else who has a deep concern for the environment as this type of energy is also not-so environment-friendly.
However, they make things work for us now and that’s what matters to the majority of people. However, as one natural disaster after the other strikes our country, we start to realize how much dependent we are on the oil industry and while we also have our fears about the environment, it also has a big impact on the economy. For starters, these industries are big and employ hundreds to thousands of employees whose main livelihood is their job. Second, almost every other industry in the world relies on oil energy in making, delivering, and selling their products and services to consumers and the market at large. With a scarcity in supply because of damaged oil plants in Texas, it sure will make a big impact on our nation’s economy and we’ll find out soon enough what it means to the rest of America (and even to the world, perhaps).
With a tragedy as powerful as Harvey, many Texas locals did not anticipate the extent of the damage in the hurricane’s wake and were pretty surprised at how much flooding they had to brace for leaving many residents in a hurry to evacuate. But aside from the damage incurred by residents and local businesses, what hurts the state the most (and the entire nation, actually) is that the hurricane shut down 22% of the US oil refining capacity. It is a big blow for a progressive nation like America that highly depends on energy to get things done.
Flooding is rare in Texas and this reality is partly the reason why so many were unable to evacuate on time or even make the necessary preparations before the hurricane hits. It’s the flooding that really hit the state hard as most oil refineries are located there and it has temporarily put operations on hold as recovery measures are still being initiated. If there is any good that will come out of this experience, it is the lessons learned from this tragedy that one can only learn through the first-hand experience.
Texas Oil Industry Post-Hurricane Harvey was first published on Newinfluencers.com