More than 30 percent of the oil production in the U.S. waters of the Gulf of Mexico is offline because of the shut-ins from Hurricane Nate, the government said. Nate bounced along the southern U.S. border during the weekend, making landfall twice as a Category 1 hurricane. On Monday, the government said about 92 percent of the total Gulf oil production and 77 percent of the natural gas production was offline because of the impact from Nate. Two refineries, which at a combined capacity of 587,000 barrels per day represented 6 percent of the total regional capacity, were closed down at the peak of the outage. In its latest incident report, the U.S. Energy Department […]