Wednesday, October 15, 2008

Hurricane Shut in Statistics

According to the MMS, as of yesterday, 81 platforms in the Gulf of Mexico are still shut in. These platforms account for about 506,000 barrels per day of oil and 2,700,000,000 standard cubic feet of natural gas. That's about 39% of the oil and 37% of the gas produced in the GOM.

With hurricanes shutting in a significant portion of the Gulf of Mexico every couple of years, wouldn't it be a good idea to get some oil from a different geographical area?

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