The nascent recovery in industrial gas demand is stumbling in the wake of Hurricane Laura amid a recent slowdown in operations at refineries and chemicals facilities across the US South and Gulf Coast. Month-to-date, US industrial gas demand is averaging 20.4 Bcf/d, down 270 MMcf/d, or about 1.3%, compared with the August average, data compiled by S&P Global Platts Analytics shows. In the Southeast alone, where the contraction has been heavily concentrated, industrial demand this month is down 255 MMcf/d, or almost 9%, compared with its prior-month average. In late August, as Hurricane Laura continued intensifying in the Gulf of Mexico, at least seven major refineries from Lake Charles, Louisiana to […]