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The major ports along the upper Texas coast were set to reopen on Tuesday as cleanup continued in the aftermath of former Hurricane Beryl, but operations at a major LNG export facility remained shuttered.
Beryl stormed ashore as a Category 1 hurricane Monday on the upper Texas coast near Matagorda, leaving widespread destruction in its path. The hurricane killed at least seven people as of Tuesday morning, according to Harris County officials.
For the energy sector, the overall impact to natural gas prices appeared to be minimal. Natural gas futures had risen in early trading Tuesday. At around 1 p.m. ET, the August New York Mercantile Exchange August contract was trading at $2.394/MMBtu, up 2.8 cents on the day.
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