Hurricane Laura poses biggest storm threat to US oil output in 15 years

By Erwin Seba HOUSTON (Reuters) - The U.S.

energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level of 2005's Hurricane Katrina and halting oil refining at plants along the Texas-Louisiana coast. Officials in the two states ordered hundreds of thousands of coastal residents to flee inland as Hurricane Laura strengthened and forecasters predicted it would become a major hurricane with sustained, 115 mile per hour (185 kph) winds. At least a 10-foot (3-meter).....

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