U.S. Gulf Coast oil industry struggles with uneven Ida recovery

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The engine of the U.S. offshore energy production struggled to recover from Hurricane Ida on Friday as a lack of crews, power and fuel left most Gulf Coast oil and gas output offline five days after the storm passed.

Ports were reopening, crews returning to offshore facilities and some pipelines restarted as companies completed post-storm evaluations. But getting oil flowing again was more difficult as damage at hubs slowed larger facilities. A lack of power onshore kept some refiners sidelined.

An offshore transfer station that funnels oil and gas from three large oilfields remained shut on Friday. Some 1.7 million barrels of oil and 1.99 billion cubic feet natural gas output were offline, government data released on Friday showed. "Refiners might resort to the SPR to request crude as Exxon did if pipelines from the Gulf are not ready" by mid-month, said Robert Campbell, head of oil products research at consultancy Energy Aspects. "This is going to be a long recovery."Chevron said none of its platforms were damaged and it returned workers to all six by Friday. Two offshore pipelines operated by Enbridge, the largest Gulf of Mexico oil and gas producer, said it has recovered just 20% of usual production.

 

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That's the consequences of always creating wars and chaos in other countries. Karma is so real.

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