Almost 23% Of Gulf Of Mexico's Oil-And-Gas Output Cut By Storm

By International Business Times,  June 24, 2012, 07:02:07 PM EDT

Because of Tropical Storm Debby in the Gulf of Mexico, about 22.7 percent of the gulf's current daily oil production and about 22.9 percent of its current daily natural-gas production has been shut-in, according to estimates of the U.S. Interior Department's Bureau of Safety and Environmental Enforcement, or BSEE.

This represents about 313,775 barrels of oil per day and about 1,031 million cubic feet of natural gas per day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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