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Hurricane Isaias Threatens Tight Gulf Coast Refineries

1 reports1 sourcesupdated 23 h ago

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Hurricane Isaias is heading toward the U.S. Gulf Coast, home to about 14% of American refining capacity. Shell, Chevron and BP have evacuated personnel and curtailed production, with roughly 1.3 million barrels per day of oil output shut in. The storm could peak as a Category 2 with 110 mph winds by early Friday before weakening somewhat before landfall. Experts warn the timing compounds an already fragile situation: fuel inventories sit at seasonal lows and the Strategic Petroleum Reserve has dropped to its lowest level since 1982, leaving the energy system unusually vulnerable to supply disruptions.

Written by AI from the reports · updated 2 h ago

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Oct 8
  1. CNN (home page)
    Hurricane Isaias threatens US Gulf Coast refineries as fuel markets already tight

    Hurricane Isaias is heading toward the US Gulf Coast, home to about 14% of American refining capacity. Shell, Chevron and BP have evacuated personnel and curtailed production, with roughly 1.3 million bpd of oil output shut in. Experts warn the storm strikes at the worst time in 25 years, with fuel inventories at seasonal lows and the Strategic Petroleum Reserve at its lowest since 1982. 飓风伊萨亚斯威胁美国墨西哥湾沿岸炼油厂 飓风伊萨亚斯正向美国墨西哥湾沿岸移动,该地区约占美国炼油产能的14%。壳牌、雪佛龙和英国石油公司已疏散人员并削减产量,约130万桶/日的石油产量已停产。专家警告称,这是25年来最糟糕的时机,燃料库存处于季节性低点,战略石油储备降至1982年以来最低水平。

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