The Gulf Of Mexico Just Saw Its Worst Energy Disruption Since Hurricane Katrina

Hurricane Ida's disruption to the U.S. offshore energy production in the Gulf of Mexico is the worst in 16 years. It has already stressed domestic and global supply chains, further testing the Federal Reserve's "transitory" inflation narrative.  Gulf Coast hurricanes usually cause minor disruptions in offshore oil and gas production, but this time around, output from the region has been significantly reduced due to Ida's 150 mph winds that damaged platforms and onshore support facilities.  What this will mean is a long recovery for offshore…