Financial Briefs

Breaking financial news from Wall Street to Main Street

‘62.5% of Gulf Oil Production Still Shut-In’

Posted by financialbriefs on September 24, 2008

MMS has recalculated the number of manned platforms in the Gulf of Mexico since 23 manned platforms have been confirmed destroyed from Hurricane Ike. The new figure of 694 manned platforms was used to calculate today’s percentage of manned platforms evacuated. Based on data from offshore operator reports submitted as of 11:30 a.m. CDT today, personnel are evacuated from a total of 179 production platforms, equivalent to 25.8% of the 694 manned platforms in the Gulf of Mexico.

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One Response to “‘62.5% of Gulf Oil Production Still Shut-In’”

  1. jwojdylo said

    Not good news for anyone in the American public, other than those invested in the correct companies. The commodities boom will continue long into the future.

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