Goldman Sachs sees "property damages in the range of $30 billion" from Harvey in Texas, and a reduction in overall U.S. economic growth due to storm-related energy disruptions. "We estimate that disruptions in the energy sector could directly reduce Q3 GDP growth by as much as 0.2pp [percentage points]," Goldman said. The Goldman commodities team estimates Harvey and its lingering effects in the Houston and Galveston, Texas, areas have shut down more than 16 percent of the nation's oil refining capacity. The rains from Harvey continued early Tuesday in many of the flooded-out areas. The center of the storm, which ... (full story)