Hurricane Fury in 2024 Slows US Gulf Energy Production

Hurricane Fury in 2024 Slows US Gulf Energy Production

OilPrice.com

Published

The 2024 hurricane season was relentless, and it took U.S. energy infrastructure along for the ride. Above-average storm activity—18 named storms, five of which were major hurricanes—created disruptions in electricity markets and oil and gas production in the Gulf of Mexico. Hurricanes Helene and Milton, both Category 3 storms, were the heavy hitters. Making landfall on Florida’s Gulf Coast in late September and early October, they wreaked havoc on power grids, petroleum supply chains, and inland states as they barreled north.…

Full Article