President declares emergency in Texas as Ike bears down

09/11/2008 | Bloomberg

President George W. Bush has declared an emergency in Texas, and oil and gas companies shut down platforms and refineries before Hurricane Ike's predicted arrival on Saturday. The country's largest refinery, Exxon Mobil Corp.'s Baytown facility near Houston, is in the projected path of the storm. So are refineries operated by BP, Royal Dutch Shell, Total SA and Valero Energy.

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