Louisiana assesses major damage to power grid from Ida
The damage to Louisiana’s power grid from Hurricane Ida is so extensive that the U.S. Coast Guard has joined the task of assessing the wreckage, a departure from its maritime Continue Reading
Biden administration takes step to resume drilling auctions in setback to climate agenda
The Biden administration on Tuesday unveiled more than 16,500 acres (6,700 hectares) it plans to auction to oil and gas drillers early next year as it seeks to comply with Continue Reading
U.S. Consumer Confidence Falls to Six-Month Low on Delta Variant
U.S. consumer confidence dropped in August to a six-month low, suggesting concerns over the delta variant and elevated prices are weighing on Americans’ views of the economy now and in Continue Reading
Labour Day Gasoline Prices To Hit 7-Year High
It’s the end of summer, and millions of Americans are about to pay the highest gas prices since 2014 , thanks to Hurricane Ida’s blow to the oil industry in Continue Reading
Port Fourchon Sees Weeks for Ida Recovery
Port Fourchon, America’s biggest base supporting the U.S. Gulf of Mexico offshore oil industry, appears to have largely withstood a powerful punch left by Hurricane Ida after the Category 4 Continue Reading
Oil Industry Surveys Damage After Hurricane Ida Slams Louisiana
Energy companies were assessing the health of refineries, pipelines, petrochemical plants, and offshore oil platforms along the central Gulf of Mexico early Monday, the morning after Ida struck Louisiana as Continue Reading
Ida’s fury hits US oil production, gasoline supplies
U.S. Gulf Coast energy companies began damage reviews at offshore production facilities and started evaluating onshore power losses after Hurricane Ida caused devastation in Louisiana and rampaged through offshore oil Continue Reading
U.S. power utilities struggle to restore power after Ida lashes Louisiana
Entergy Corp (ETR.N) said crews have begun assessing damage where it is safe to do now that Hurricane Ida, which weakened to a tropical storm on Monday, has passed through Continue Reading
Already tight U.S. East Coast gasoline supplies face hurricane squeeze
Tight supplies of gasoline on the U.S. East Coast are being pressured by refinery outages from Hurricane Ida and the shutdown of a major pipeline that supplies fuel to the Continue Reading
U.S. producers cut 95% of Gulf of Mexico oil output due to Ida
Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of output suspended, according to offshore regulator Continue Reading