Storms impact US output Following on the heels of Katri..
Storms impact US output
Following on the heels of Katrina, Hurricane Rita has had a serious impact on US energy infrastructure and the fragile supply/ demand balance. Gulf Coast refineries affected by Rita and Katrina represent more than 30% of US refining capacity.
As of mid-October, the US Minerals Management Service reported that shut-in oil production was 996,291 million barrels (MMbbl) or 66% of daily Gulf of Mexico oil production. Shut-in gas production was at 5.498 Bcf/d or
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