Gas Prices to Rise as Hurricane Ida Shuts Down 95 Percent of Gulf’s Oil Production

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The Epoch Times 29 August, 2021 - 04:55pm 46 views

What category hurricane was Katrina when it hit New Orleans?

Hurricane Katrina, Category 3, made landfall near New Orleans on Aug. 29, 2005. KGO-TVHurricane Katrina, Category 3, made landfall near New Orleans on Aug. 29, 2005 | PHOTOS

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Hurricane Ida shut down more than 95 percent of the Gulf of Mexico’s oil production, said regulators, suggesting the Category 4 storm will have a significant impact on energy supply and gas prices.

The federal Bureau of Safety and Environmental Enforcement confirmed the stop in oil production, with firms suspending 1.74 million barrels per day in oil production in the Gulf.

Colonial Pipeline confirmed Sunday it is temporarily shutting down two pipelines between Houston, Texas, and Greensboro, North Carolina, as a precaution due to the storm. They were shuttered “as a precautionary and routine safety measure,” the firm said a statement.

Ida made landfall on Sunday near Port Fourchon, near the Louisiana Offshore Oil Port, which is the largest privately-owned crude terminal in the United States.

Around 94 percent of Gulf of Mexico natural gas production was suspended due to the storm, according to the federal regulator.

“Based on data from offshore operator reports submitted as of 11:30 CDT today, personnel have been evacuated from a total of 288 production platforms, 51.43 percent of the 560 manned platforms in the Gulf of Mexico,” said the agency in a statement on Sunday. “Production platforms are the structures located offshore from which oil and gas are produced. Unlike drilling rigs, which typically move from location to location, production facilities remain in the same location throughout a project’s duration.”

Andrew Lipow, president of Lipow Oil Associates in Houston, told news outlets on Saturday that if the New Orleans refineries take a direct hit from the storm, gas prices will likely rise about 10 cents per gallon in some markets.

Oil prices also rose sharply last week ahead of Hurricane Ida’s arrival.

Hurricane Ida made landfall as a Category 4 storm with 150 mph winds in southeastern Lousiana, doing considerable damage to infrastructure and causing significant flooding in the region. Hundreds of thousands of people are currently without power in Louisiana, according to Poweroutage.us.

In an update from the Federal Emergency Management Agency headquarters, President Joe Biden said that locals need to take heed of state and local officials’ directions.

“The storm is a life-threatening storm. … And its devastation is likely to be immense. We shouldn’t kid ourselves,” he said. “And so the most important thing I can say right now is that everyone, everyone should listen to the instructions from local and state officials, just how dangerous this is. And take it seriously. It’s not just the coasts. It’s not just New Orleans. It’s north as well. The rainfall is expected to be exceedingly high.”

Biden said he would put “the country’s full might” behind rescue and recovery efforts.

Read full article at The Epoch Times

Ohio Task Force 1 arrives in Louisiana to assist with Hurricane Ida recovery

WHIO Radio 30 August, 2021 - 06:29am

LAFAYETTE, LA — Ohio Task Force 1 arrived in Louisiana yesterday to prepare for rescue and recovery efforts during and after Hurricane Ida’s landfall.

Since their arrival, the team has been busy with briefings, logistical set-up and last-minute training.

“Ida has all indication of being a powerful storm; this is the type of rescue work the team trains for year-round,” OH-TF1 Public Information Officer Phil Sinewe said in a statement.

The team will ride out the storm in Lafayette, LA.

OH-TF1 is one of the nine Type III Urban Search and Rescue teams activated by FEMA. All nine teams have search and rescue, medical and water rescue capabilities, including canine search teams.

“Ohio should be proud of the contingent we are injecting into this rescue effort,” Sinewe said.

APSO confirms first death due to tree falling on home

KLFY 29 August, 2021 - 09:16pm

This satellite image provided by the National Oceanic and Atmospheric Administration and captured by NOAA’s GOES-16 shows lightning swirling around the eye of Hurricane Ida as the storm approaches the Louisiana coast, Sunday morning, Aug. 29, 2021. (NOAA via AP)

The first person has died because of this massive hurricane.

Deputies responded to a home “off of Highway 621 in Prairieville,” around 8:30 p.m.

Members of the Ascension Parish Sheriff’s Office arrived on scene and a victim was pronounced dead at the scene.

This is a developing story and more information will be shared as it becomes available.

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Most important, we as an organization want to do everything within our power to assist those who have been impacted by the storm and have activated our Gulf Coast Renewal Fund with Owner Gayle Benson making an initial donation of $1 million to support our community throughout Louisiana and the Gulf Coast.

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