Harvey took so many cars off roads that it reduced demand for gas while Irma increased it

Energy Fix:

The Gulf Coast's vast energy network is making a comeback three weeks after Hurricane Harvey.

Fifteen of the 20 refineries that went down or slowed production have almost fully recovered, with about 1 million barrels a day of refining capacity still offline, IHS Markit said in an update on Wednesday.

"Steady progress appears to have been made and the four refineries in active restart may very well be operating normally by this weekend," IHS said.

Average U.S. gasoline prices have edged down by about 5 cents to $2.62per gallon of regular.

Demand for gasoline, particularly in the southwestern United States, has dropped this month as two major hurricanes destroyed cars and left roads impassable.

In Florida, motorists fleeing Hurricane Irma had boosted southeastern gas demand by 19 percent.
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As many as 500 auto dealers in the Houston area were impacted by the flooding.  Some estimates suggest as many as 500,000 cars are going to have to be replaced by consumers and dealers.  Many dealers are already rushing to ship new inventory into the Houston market.  It is effecting prices as far away as the Midwest as new buyers are showing up at auctions.  I suspect that it will probably boost sales at dealerships just outside of Houston that were not flooded.