Insights / i-Dots note
Hurricane Isaias threatens gulf coast refining, raising pressure on product markets!
By Rajesh Chopra, Chief Refinery & Petchem Analyst Visit author profile
Hurricane Isaias (75 mph winds) is approaching the Gulf Coast, threatening Louisiana, Mississippi, Alabama, and the Florida Panhandle. Offshore oil output: ~512,000 bpd shut in (~25% of Gulf production); 16% of gas output curtailed; 8 platforms and 2 rigs evacuated. Refineries…
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