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    Home > Biochemistry News > Amino Acids Research > Gulf of Mexico oil shutdown blows oil prices

    Gulf of Mexico oil shutdown blows oil prices

    • Last Update: 2020-07-04
    • Source: Internet
    • Author: User
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    21st Century News (Reporter Meng Xingxuan) due to Hurricane Gustav is about to make landfall, U.Soil production has been seriously affected, the Gulf of Mexico, the vast majority of oil and gas production facilities have been shut downInternational oil prices have continued to rise in recent days, with Beijing time on The morning of September 1 at $117.01 a barrel, up $1.55 from the previous sessionThe U.SDepartment of the Interior Minerals Administration said in an August 31 statement that the u.SGulf of Mexico, affected by Hurricane Gustav is about to make landfall in the United States, the vast majority of oil and gas production facilities in the Gulf of MexicoMore than 96 percent of the region's oil production facilities were closed on August 31 and staff were evacuated from most of the rigs and platforms, the statement saidMore than 82 percent of natural gas production facilities were closed as the hurricane was about to make landfallAt the same time, in addition to oil and gas production facilities, energy companies in the region have shut down important fuel transportation systems, the Gulf Coast produces 1.3 million barrels of oil per day, or about a quarter of total U.Soil production, and 7.4 billion cubic feet (35 cubic feet) of natural gas per day, or about 15 percent of total U.Snatural gas productionaffected by this, the Price of Crude Oil in New York has continued to rise in recent days, having exceeded $120 a barrel in the sessionBenchmark crude futures were trading at $117.01 in New York at around 8:40 a.mBeijing time today, up $1.55 from the previous sessionOn August 28th the U.Sgovernment may use strategic crude oil reserves to calm prices in response to the impact of the hurricane on international crude oil prices, Xinhua reported the U.S weather service expects Hurricane Gustav to make landfall in the U.S as early as September 1, possibly as damaging as Hurricane Katrina three years ago President Bush and Vice President Dick Cheney will cancel plans to attend the Republican National Convention in order to fully direct the federal agency's response to the hurricane Bush has declared a state of emergency in four states: Louisiana, Texas, Mississippi and Alabama On August 31, McCain and his wife, Cindy, and running mate, Palin, will travel to Mississippi to hear a report from the state's emergency management department on Hurricane Gustav, CNN reported in New Orleans, Louisiana, Mayor Ray Nagin has ordered mandatory evacuations of residents of the West Bank of the Mississippi River in New Orleans from August 31 at 8 a.m., and residents of the East Coast city began mandatory evacuations at noon on the same day 21st century (reporter Meng Xingxuan) due to Hurricane Gustav is about to make landfall, u.S oil production has been seriously affected, the Gulf of Mexico, most of the oil and gas production facilities have been shut down International oil prices have continued to rise in recent days, with Beijing time on The morning of September 1 at $117.01 a barrel, up $1.55 from the previous session The U.S Department of the Interior Minerals Administration said in an August 31 statement that the u.S Gulf of Mexico, affected by Hurricane Gustav is about to make landfall in the United States, the vast majority of oil and gas production facilities in the Gulf of Mexico More than 96 percent of the region's oil production facilities were closed on August 31 and staff were evacuated from most of the rigs and platforms, the statement said More than 82 percent of natural gas production facilities were closed as the hurricane was about to make landfall At the same time, in addition to oil and gas production facilities, energy companies in the region have shut down important fuel transportation systems , the Gulf Coast produces 1.3 million barrels of oil per day, or about a quarter of total U.S oil production, and 7.4 billion cubic feet (35 cubic feet) of natural gas per day, or about 15 percent of total U.S natural gas production affected by this, the Price of Crude Oil in New York has continued to rise in recent days, having exceeded $120 a barrel in the session Benchmark crude futures were trading at $117.01 in New York at around 8:40 a.m Beijing time today, up $1.55 from the previous session On August 28th the U.S government may use strategic crude oil reserves to calm prices in response to the impact of the hurricane on international crude oil prices, Xinhua reported the U.S weather service expects Hurricane Gustav to make landfall in the U.S as early as September 1, possibly as damaging as Hurricane Katrina three years ago President Bush and Vice President Dick Cheney will cancel plans to attend the Republican National Convention in order to fully direct the federal agency's response to the hurricane Bush has declared a state of emergency in four states: Louisiana, Texas, Mississippi and Alabama On August 31, McCain and his wife, Cindy, and running mate, Palin, will travel to Mississippi to hear a report from the state's emergency management department on Hurricane Gustav, CNN reported in New Orleans, Louisiana, Mayor Ray Nagin has ordered mandatory evacuations of residents of the West Bank of the Mississippi River in New Orleans from August 31 at 8 a.m., and residents of the East Coast city began mandatory evacuations at noon on the same day (Meng Xingxuan) 
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