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Trading in gasoline ETF surges as Texas flood shuts refineries

Category four hurricane has so far dumped more than 30 inches of rain on Houston

Trading in gasoline ETF surges as Texas flood shuts refineries

Traders looking to profit from Tropical Storm Harvey’s devastation piled into the United States Gasoline Fund on Monday.

The storm barreled into the US Gulf Coast as a Category 4 hurricane on Friday night and has since dumped more than 30 inches of rain on Houston.

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