Oil spill Trims U.S. Offshore Natural Gas Supply

May 3, 2010

According to a May 2 report from Reuters, the government said on May 1 that two offshore production platforms in the Gulf of Mexico were shut as a safety precaution, the first sign that the giant oil slick was affecting the region's energy production. But analysts said the location of the spill was well east and north of the heart of the region's oil and gas production, which accounts for about 15 percent of U.S. natural gas supply and 25 percent of crude oil output.

(Source: Reuters)
 

Related News

Carimin Buys Crew Boat Newbuild from Penguin Shipyards for $5M Strong Outdraft Current Caused Ohio River Tow Strike Cadeler Secures Vessels Reservation Deal with Mistery Client Worth Up to $760M First Foundation Installed for Coastal Virginia Offshore Wind While Maritime Risks Soar, Total Losses Plummet in '23 - Report