80% of US Gulf production still offline
In the US, 1.46M b/d (80%) of US Gulf production remains offline, according to the Bureau of Safety and Environmental Enforcement (BSEE) according to their latest report, four days after Hurricane Ida made landfall in Louisiana. Over 95% of US Gulf production was shut at its peak on August 29th. The number of evacuated platforms has fallen from a high of 288 to 249. Meanwhile, roughly 1.7M b/d of refining capacity remains offline, reported Reuters, citing the US Department of Energy.