Oil companies have shut in roughly 82% of offshore oil production in the Gulf of Mexico and are securing refineries and petrochemical plants as two tropical storms barrel toward Louisiana and Texas.
Tropical Storm Marco approached the Louisiana coast Monday afternoon, while Tropical Storm Laura is poised to strengthen into a hurricane Tuesday as it sweeps across the Gulf of Mexico before nearing the Louisiana and Texas coastline late Wednesday, according to the National Oceanic and Atmospheric Administration.
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$100/barrel
Marco? Marco was a dud. Downgraded as soon as it reached the coast. When it reaches the coast people can see and feel it, so NOOA can't fool the population with their alarms.