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Oil supply disruption threatens prices

                   
ft.com
31-Aug-2008
        
Story Timeline:  96 days

By Sheila McNulty in Houston Oil companies stepped up efforts to shut production in the Gulf of Mexico on Sunday as hurricane Gustav tore into the US’s largest oil and natural gas producing region. Just over 96 per cent of oil production and 82 per cent of natural gas output in the Gulf were reported shut by officials on Sunday. That knocked out 1.21m barrels of capacity out of a total of 1.3m. Royal Dutch Shell... [read full story]                    

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Latest article on this story:

Energy industry looks to restart after Gustav

 chron.com 03-Sep-2008
First article on this story:

Storm could bring $1.75 gas to Canada: CIBC

 canada.com 29-Aug-2008
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Oil industry tallies up the damage from hurricane Gustav

k-litefm.com
02-Sep-2008
        

By: John Porretto, THE ASSOCIATED PRESS HOUSTON - Initial inspections of the Gulf Coast's extensive energy complex confirmed Tuesday that hurricane Gustav was nowhere near as destructive as Katrina and Rita three years...

                   

Louisiana refiners to take days to resume full supply

business-standard.com
02-Sep-2008
        

Louisiana refineries that shut down before Hurricane Gustav may take up to 10 days to resume operations because of a lack of power, stunting fuel production at a time when regional gasoline inventories are at a 10-month...

                   

Oil industry tallies up damage from hurricane Gustav; impact seen as minor

k-litefm.com
02-Sep-2008
        

By: John Porretto, THE ASSOCIATED PRESS HOUSTON - Oil companies, rig owners and refiners spread out across the Gulf Coast to look for damage from hurricane Gustav on Tuesday, and some were already putting equipment and...

                   

Oil industry tallies up damage from hurricane Gustav; impact seen as minor

canadianbusiness.com
02-Sep-2008
        

John Porretto, The Associated Press HOUSTON - Oil companies, rig owners and refiners spread out across the Gulf Coast to look for damage from hurricane Gustav on Tuesday, and some were already putting equipment and people...

RPT-UPDATE 1-Shell says Gulf output restart may take 3-5 days

finanznachrichten.de
02-Sep-2008
        

HOUSTON, Sept 1 (Reuters) - Shell Oil Co said on Monday the return of its Gulf of Mexico production could take three to five days. Shell plans to begin limited redeployments of workers to the eastern and western...

                   

Weaker-than-expected Gustav loses stranglehold on energy prices

canoe.ca
01-Sep-2008
        

HOUSTON - The punch of hurricane Gustav appeared to fall softly Monday on the vast energy complex along the U.S. Gulf Coast, allowing oil market traders to focus not on storm damage, but on their growing anxiety over the...

                   

Gustav loses stranglehold on energy prices

canoe.ca
01-Sep-2008
        

HOUSTON - The punch of hurricane Gustav appeared to fall softly Monday on the vast energy complex along the U.S. Gulf Coast, allowing oil market traders to focus not on storm damage, but on their growing anxiety over the...

                   

Fingers crossed in US oil sector as hurricane hits

abs-cbnnews.com
01-Sep-2008
        

Reuters HOUSTON - Energy companies watched anxiously on Monday as Hurricane Gustav lurched across the nation's largest concentration of oil platforms and refineries in the biggest threat to US fuel supplies since 2005....

                   

Relief for oil traders as Hurricane Gustav weakens

telegraph.co.uk
01-Sep-2008
        

By David Litterick Oil continued its retreat as Hurricane Gustav weakened before hitting the Louisiana coast and traders breathed a sigh of relief that a potential disaster which would have savaged US oil production had...

                   

Oil falls to $110 as hurricane Gustav weakens

business-standard.com
01-Sep-2008
        

Crude oil fell, reversing earlier gains, after Hurricane Gustav weakened, easing concern of widespread damage to drilling rigs and refineries. Gustav has been downgraded to a Category 2 storm, the second-weakest of the...

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