Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as it threatened to wreak havoc on the heart of America’s energy sector.Harvey became a Category 2 hurricane around midnight in Texas and was packing top winds of 110 miles (175 kilometers) an hour, the National Hurricane Center said in an advisory posted around 7 a.m. local time Friday. It will be upgraded to a major hurricane once winds reach 111 miles per hour.Oil refiners in the Gulf Coast, home to as much as half of the nation’s refining capacity, began halting operations amid warnings of deadly floods and storm surges. If Harvey reaches Category 3, it’ll be the strongest storm to hit the U.S. since Wilma in 2005.“It is becoming pretty clear this morning that Harvey will be mentioned alongside Katrina and Sandy in the history books,” said Todd Crawford, chief meteorologist at The Weather Company.
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