Hurricane-related shut-ins curb 82% of oil, 59% of natural gas output in U.S. Gulf of Mexico, regulator says

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U.S. energy companies continued to restaff offshore oil and gas production facilities in the U.S. Gulf of Mexico on Saturday, according to data released by the U.S. Department of Interior.

There were 122 facilities that were reoccupied, the data showed. Crude oil production was down 82%, or 1.5 million barrels per day and natural gas production was off 59%, or 1.6 billion cubic feet per day , it said.

There were 189 platforms or drilling rigs in the U.S. Gulf of Mexico that remains unmanned early Saturday, it reported, down from 310 unoccupied facilities on Wednesday.

 

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The rest of it is now smeared all over that area due to a reduction in oil industry regulations.

Mother Nature has just invoked 'Sanctions' on the United States. Would you like ketchup or Sriracha with your karma?

Yeah, even though Americans are using less gasoline, it still goes up like a rocket and floats down like a feather in price. The oil companies gouge us.

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