Feds: hurricane sparks shut-in of 96% of Gulf oil output

Kate Gibson
Market Watch
Monday, Sept 1, 2008

More than 90% of of oil production in the Gulf of Mexico has been shut-in due to Hurricane Gustav, the U.S. Minerals Management Service said Sunday in an afternoon update. Approximately 96.26% of the oil production in the Gulf had been shut-in, according to operator reports as of 12:30 p.m. Eastern, reported the MMS, a bureau in the U.S. Department of the Interior. The Gulf produces about 1.3 million barrels of oil per day, according to the agency. About 82.3% of natural-gas production is shut-in, the federal bureau said.


Paul Joseph Watson: Internet Censorship a Growing Cancer

Steve Watson: British Kids Encouraged To Become "Climate Cops"

Steve Watson: Terror Stopped For Putting My Hand in My Pocket

Paul Watson on the Alex Jones Show: The state wants your children.

Web PM

Copyright © Global Matrix Enterprises 2001-2008. All rights reserved. Legal Notice.