Oil firms slash U.S. Gulf of Mexico output by 91% ahead of powerful Hurricane Ida

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CNBC 28 August, 2021 - 02:09pm 61 views

What was the storm surge of Hurricane Katrina?

The variable that really caused Katrina to be so impactful was due to storm surge above 25 feet! Katrina was a category 5 at one point, and that can be an indicator of how far hurricane force winds extend from the center. WHSVHurricane strength is more than just wind speed - Here's why

What is a Category 4 hurricane like?

Category 4 hurricanes have maximum sustained winds of 113–136 knots (130–156 mph, 209–251 km/h). ... Gusts can be up to 30% higher than the sustained winds. Mobile homes and other buildings without fixed structures can be completely destroyed, and the lower floors of sturdier structures usually sustain major damage. wikipedia.orgList of Category 4 Atlantic hurricanes - Wikipedia

What cat was Katrina at landfall?

Ida is expected to make landfall on the Gulf Coast as a Category 4 storm with peak winds of 130 mph, while Katrina made landfall as a Category 3 with peak winds of 125 mph. The New York TimesHow Will Hurricane Ida Compare With Katrina?

Oil firms on Saturday cut nearly 91% of U.S. Gulf of Mexico crude oil production, roughly 1.65 million barrels, as Hurricane Ida makes its way toward major U.S. offshore oilfields, according to the Bureau of Safety and Environmental Enforcement.

The regulator also estimated that roughly 84.87% of natural gas production in the Gulf of Mexico has been shut in. 

Ida is forecast to reach a Category 4 hurricane before making landfall west of New Orleans. Louisiana residents on Saturday rushed to prepare for the storm, which could bring winds as high as 140 mph (225 kph) when it makes landfall.

Oil and gas companies evacuated 279 production platforms, representing 49.82% of the 560 manned platforms in the Gulf of Mexico, and shut in almost 91% of their typical offshore production as the storm approached, according to the offshore regulator.

The companies also moved 11 drill vessels off location and out of the storm's path on Saturday.

The Gulf of Mexico federal offshore oil production accounts for 17% of the country's crude oil production and 5% of its federal offshore dry gas production, according to the U.S. Energy Information Administration.

Andrew Lipow, president of Lipow Oil Associates in Houston, said Saturday that if the New Orleans refineries take a direct hit from a Category 4 storm, gas prices would likely rise by about 10 cents a gallon in the Southeastern and Mid-Atlantic markets.

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Opinion | As Hurricane Ida approaches, covid-19 adds a layer of anxiety

The Washington Post 28 August, 2021 - 09:00pm

European nations offered stark warnings Thursday about the waning days of a massive airlift to bring people out of Taliban-controlled Afghanistan, with a British official saying an “imminent attack” could target Kabul's international airport.

As U.S. President Joe Biden says he'll stick with his deadline of August 31 to totally withdraw troops from America's longest war, other nations have landed flight after flight onto the single runway at Kabul's international airport to help those fleeing.

Now some countries have begun to even pull their soldiers and diplomats out, likely signaling the beginning of the end of one of history's largest airlifts. The Taliban have, so far, honored a pledge not to attack Western forces during the evacuation, but insist the foreign troops must be out by the deadline.

Overnight, new warnings also emerged from Western capitals about a possible threat from Afghanistan's Islamic State affiliate, which likely has seen its ranks boosted by the Taliban freeing prisoners across the country. Already, military cargo planes leaving Kabul airport have launched flares to disrupt any potential surface-to-air missile fire as fleeing Afghan troops abandoned heavy weapons and equipment across the country in their collapse following America's withdrawal of troops.

British Armed Forces Minister James Heappey told the BBC on Thursday there was ”very, very credible reporting of an imminent attack” at the airport, possibly within “hours.”

Heappey conceded that people are desperate to leave and “there is an appetite by many in the queue to take their chances, but the reporting of this threat is very credible indeed and there is a real imminence to it.”

“We will do our best to protect those who are there,” he said. "There is every chance that as further reporting comes in, we may be able to change the advice again and process people anew, but there’s no guarantee of that.”

Outside a missile attack, troops have been worried about the uncontrolled, teeming crowds outside the airport. While the Taliban and others have tried to control them, there's no formal screening process on the way to the airport as there was under Afghanistan's former government. That means someone carrying a suicide bomb could slip through – or an explosives-laden vehicle could barrel through.

On Wednesday, the U.S. Embassy in Kabul issued a security alert warning American citizens away from three specific airport gates, but gave no further explanation.

Senior U.S. officials said the warning was related to ongoing and specific threats involving the Islamic State and potential vehicle bombs. The officials spoke on condition of anonymity because they were not authorized to discuss ongoing military operations.

The Islamic State affiliate in Afghanistan grew out of disaffected Taliban members who hold an even-more extreme view of Islam, riding on a wave when the militants seized territory across Iraq and Syria. Naming themselves after Khorasan, a historic name for the greater region, the extremists embarked on a series of brutal attacks that included a 2020 assault on a maternity hospital in Kabul that saw infants and women killed.

The Taliban have fought against Islamic State militants in Afghanistan. However, their advance across the country likely saw IS fighters freed alongside the Taliban's own.

Meanwhile, Thursday, French Prime Minister Jean Castex told French radio RTL on that “from tomorrow evening onwards, we are not able to evacuate people from the Kabul airport” due to the upcoming American withdrawal.

Meanwhile, Danish defense minister Trine Bramsen bluntly warned: “It is no longer safe to fly in or out of Kabul.” Denmark's last flight, carrying 90 people plus soldiers and diplomats, already had left Kabul.

Already, Poland and Belgium have ended their evacuations from Afghanistan.

The Taliban wrested back control of Afghanistan nearly 20 years after they were ousted in a U.S.-led invasion following the 9/11 attacks, which al-Qaida orchestrated while being sheltered by the group. Their return to power has pushed many Afghans to flee, fearing reprisals and a possible return to their brutal rule.

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alabamawx.com 28 August, 2021 - 06:31pm

Oil firms slash U.S. Gulf of Mexico output by 91% ahead of powerful Hurricane Ida

WCNC 28 August, 2021 - 02:07pm

Oil firms on Saturday cut nearly 91% of U.S. Gulf of Mexico crude oil production, roughly 1.65 million barrels, as Hurricane Ida makes its way toward major U.S. offshore oilfields, according to the Bureau of Safety and Environmental Enforcement.

The regulator also estimated that roughly 84.87% of natural gas production in the Gulf of Mexico has been shut in. 

Ida is forecast to reach a Category 4 hurricane before making landfall west of New Orleans. Louisiana residents on Saturday rushed to prepare for the storm, which could bring winds as high as 140 mph (225 kph) when it makes landfall.

Oil and gas companies evacuated 279 production platforms, representing 49.82% of the 560 manned platforms in the Gulf of Mexico, and shut in almost 91% of their typical offshore production as the storm approached, according to the offshore regulator.

The companies also moved 11 drill vessels off location and out of the storm's path on Saturday.

The Gulf of Mexico federal offshore oil production accounts for 17% of the country's crude oil production and 5% of its federal offshore dry gas production, according to the U.S. Energy Information Administration.

Andrew Lipow, president of Lipow Oil Associates in Houston, said Saturday that if the New Orleans refineries take a direct hit from a Category 4 storm, gas prices would likely rise by about 10 cents a gallon in the Southeastern and Mid-Atlantic markets.

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Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

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