Oil Supply Disruptions: Oil Supply Disruptions
Dec 21st, 2005 | By Michael Shedlock | Category: Oil
OIL DISRUPTIONS ALMOST SEEM endless this year:
Katrina
Rita
Explosions in the United Kingdom
Pipeline attacks in Iraq
Current Shut-in Status
According to the U.S. Energy Department, about 36% of offshore oil production and 27.16% of natural gas production in the Gulf of Mexico is still shut in. Onshore Louisiana, 40% of the pre-hurricane oil and ...read more
