Hurricane Isaias Shuts Down Nearly Two-Thirds of Gulf Oil Production

Nearly two-thirds of U.S. Gulf of Mexico oil production has been shut down as Hurricane Isaias strengthens ahead of an expected landfall along the northern Gulf Coast, prompting widespread evacuations of offshore platforms and preparations for possible disruptions to ports and maritime operations.

The Marine Minerals Administration (MMA) reported Thursday that approximately 62.9% of daily offshore oil production, or 1.28 million barrels per day, has been shut in as operators move personnel and equipment out of the storm’s path.

Natural gas production has also been affected, with 57.4% of daily output, equivalent to approximately 1.13 billion cubic feet per day, shut