Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore.
Based on the latest forecast by the National Hurricane Center, Ida will make 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.
Here is a list of major oil and gas production sites, refineries, pipelines and ports being shut and their capacity in barrels per day, or barrels of oil equivalent a day.
Shuts lines 1 & 2, main gasoline and distillate pipes running from Houston to Greensboro NC. Colonial system can distribute up to 2.5m b/d of gasoline, diesel, jet fuel across southeast and Mid-Atlantic
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
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