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.-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
10 Stocks With the Largest Fair Value Estimate Increases After Q1 Earnings
-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
3 Dividend Stocks for June 2024
-
After Earnings, Is Alibaba Stock a Buy, Sell, or Fairly Valued?
-
MongoDB Earnings: Slashing Valuation as Execution and Macro to Blame for Lower Guidance
-
Marvell Earnings: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75
-
Zscaler Earnings: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter
-
Dell Earnings: Raising Valuation on Strong AI, but the Stock Remains Severely Overvalued
-
After Earnings, Is Nvidia Stock a Buy, Sell, or Fairly Valued?
-
The 10 Best Companies to Invest in Now