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U.S. Gulf Oil Producers, Refiners Shut as Ida Comes Ashore - Bloomberg

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Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashed ashore.  

Based on the latest forecast by the National Hurricane Center, Ida made landfall near New Orleans Sunday afternoon. About 1.74 million barrels a day, or 95.7% of crude production, and 93.8% of gas output was shut-in as of Sunday, according to the Bureau of Safety and Environmental Enforcement. About 2.11 million barrels a day of refining capacity -- approximately 12% of the U.S. total -- was being shut or brought to reduced rates at plants along the Mississippi River.

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August 29, 2021 at 11:43PM
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U.S. Gulf Oil Producers, Refiners Shut as Ida Comes Ashore - Bloomberg
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