Gulf of Mexico producers have shut-in ~25% of daily oil production and ~8% of natural gas production due to tropical storm Isaac; that's ~333,815 bbl/day of oil and 371MMcf of natural gas. The Gulf accounts for 23% of U.S. crude production and 7% of nat gas, and more than 40% of U.S. refining capacity is contained in facilities located along the Gulf Coast. WTI crude +1.1% to $97.22.
Gulf of Mexico producers have shut-in ~25% of daily oil production and ~8% of natural gas...
From other sites
at CNBC.com (Jun 23, 2011)
at CNBC.com (Apr 19, 2011)
at CNBC.com (Aug 5, 2010)
at CNBC.com (Aug 4, 2010)
at CNBC.com (May 26, 2010)
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