Hurricane Isaias Halts Two-Thirds of U.S. Gulf Oil Production
4 Articles
4 Articles
Hurricane Isaias Halts Two-Thirds of U.S. Gulf Oil Production
Current conditions: Tropical Storm Simon is expected to intensify into a Category 4 storm as it tracks northeast into Mexico and Texas from the eastern Pacific • Further north in the Pacific, Tropical Storm Rachel is barreling toward Southern California and northern Mexico • Hurricane Isaias, the first major storm of the Atlantic hurricane season, is poised to make landfall as a Category 2 sometime between 8 p.m. ET and 1 a.m. and somewhere betw…
In the United States, Hurricane Isaias in the Gulf of Mexico halted production of about 1.3 million barrels of oil per day, which is 63% of the total production in the American Gulf. The element also threatens oil refineries, which could increase tensions in global fuel markets.
Gulf of Mexico oil producers shut 63% of production ahead of a hurricane, while cuts have removed nearly 1.3mln barrels per day from the market, according to NBC citing Marine Minerals Admin
Gulf of Mexico oil producers shut 63% of production ahead of a hurricane, while cuts have removed nearly 1.3mln barrels per day from the market, according to NB
Already, about 60 per cent of US oil and gas production per day in the Gulf of Mexico has been reduced by Hurricane Isaias, which developed in the atmosphere unusually late, 09.10.2026, PRIM
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