The Marine Minerals Administration estimates that 25.08% of regional oil production, or 511,619 BPD, and 16.37% of natural gas output have been shut in. While current winds are 75 mph and could intensify to 110 mph, analyst tracking suggests the impact will be primarily felt in offshore production rather than onshore refining. In Alabama, where only three refineries provide about 140,000 BPD of capacity, the risk of significant facility disruption remains low.
Tuesday, October 20, 2026
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Shell and Chevron Shut Gulf Platforms as First Atlantic Hurricane Nears Alabama
Commodities13 days ago
Governor Ron DeSantis and Alabama officials have issued emergency declarations across multiple counties as a powerful storm tracks toward the northern Gulf Coast. Shell is evacuating all personnel and shutting production at its Mars, Olympus, Ursa, Vito, and Appomattox assets, while Chevron has initiated shut-in procedures at four of its facilities. Hurricane Isaias is forecast to make landfall late Friday or early Saturday near the Mobile-Pensacola region, likely as a strong Category 2 storm.
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