Hurricane Ian Shuts 11% Of Gulf Of Mexico Oil Production

https://oilprice.com/Energy/Energy-...s-In-11-Of-Gulf-Of-Mexico-Oil-Production.html
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Extremely Dangerous Hurricane Ian Shuts In 11% Of Gulf Of Mexico Oil Production
ByTsvetana Paraskova- Sep 28, 2022, 7:03 AM CDT

• Hurricane Ian is now a category 4 hurricane and deemed top by extremely dangerous and expected to cause catastrophic winds and flooding.
• Oil and gas operators have evacuated 12 platforms in the Gulf of Mexico, meaning that 11% of the area's crude oil production is now shut in.
• The Gulf of Mexico accounts for around 15% of all U.S. crude oil production.

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Seems to working well for OXY+ Mr Buffet;
especially if one likes a price of $112 -$55.55-$12.
Good dividends also; not a stock tip or prediction

 

And....They are back up. Watch for WTI to drop again. This was no hurricane Harvey-type event.