GeneralBearishFortune Crypto · 6h ago7/10
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A major U.S. gasoline production hub is in such a severe drought that its refineries may be hobbled. ‘We are actively praying for a hurricane’
A severe drought in the U.S. Gulf Coast refining hub threatens to reduce gasoline production by up to 5% of national supply, potentially raising prices amid existing geopolitical tensions from Iran conflicts. Refineries require massive amounts of water for cooling and processing, making drought conditions a critical operational constraint.
