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Oil producers shut 96% of U.S. Gulf of Mexico crude output as Hurricane Ida slams coast

Oil producers had shut-in 1.74 million barrels per day of oil production in the U.S. Gulf of Mexico as of Sunday, according to the offshore regulator, as Hurricane Ida slammed into the Louisiana coast as a Category 4 storm. More than 93% of U.S. Gulf of Mexico natural gas production was also out, according to the Bureau of Safety and Environmental Enforcement (BSEE). Read More

from Financial Post https://ift.tt/3DseXmr
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