oil production

Hurricane Isaias Nears Gulf Coast Landfall, Forcing Oil and Gas Production Shut-ins

Hurricane Isaias is forecast to make landfall on the Gulf Coast late Friday or early Saturday, prompting evacuations of 130 platforms and rigs. The storm has already shut in about 1.3 million barrels per day of crude oil and 1.1 billion cubic feet per day of natural gas, with potential impacts on Gulf Coast refineries.