Transport Topics
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DALLAS — Drivers lined up at gas pumps in parts of Texas Aug. 31 as more stations ran out of gas and prices rose steeply in response to Hurricane Harvey’s impact on Gulf Coast refineries.
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As much as 10% of U.S. fracking work could be delayed after Hurricane Harvey ripped through southeast Texas, soaking thousands of miles of dirt roads snaking through one of the nation’s busiest oilfields.
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U.S. stocks rose and Treasuries declined as reports showing a gain in consumer sentiment and a rise in manufacturing offset a mediocre August employment report.
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U.S. factories ramped up in August to the fastest pace of expansion in six years, driven by employment gains, figures from the Institute for Supply Management showed Sept. 1.
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