Understanding Force Majeure In The Aftermath Of Harvey

By Jessica Crutcher, Michael Lennon and Charles Kelley (September 13, 2017, 12:54 PM EDT) -- At this point, it is impossible to assess the full impact of the devastation caused by Hurricane Harvey. However, we can predict that it will have wide-ranging effects on the ability of some members of the energy industry to fully perform contracts — from production, to transport, to the provision of oil- and gas-related goods and services.

It is common knowledge that some of the largest oil and gas production operations and refining facilities in the United States were forced to shut in or shut down as a result of the hurricane. What is less obvious — so far — is...

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