Harvey Recharges Offshore as Crippled Houston Counts the Cost
- Heavy rains devastate heart of U.S. oil-and-gas industry
- ‘We’ll do whatever we need to do to address this situation’
Harvey Gathers Strength Before Its Return to Texas
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It keeps getting deeper for Houston, the epicenter of the U.S. oil industry.
As floods inundated the nation’s fourth-largest city Monday, with more than a foot of rain likely still to come through Friday, predictions of damage ranged as high as $100 billion. Wall Street and Washington braced for the repercussions of the costliest U.S. natural disaster since Hurricane Sandy in 2012.