The National Hurricane Center forecasts Isaias will strengthen into a Category 2 hurricane with top winds of 110 mph before making landfall late Friday or early Saturday between New Orleans and Tallahassee. Shell and Chevron have already begun evacuating non-essential personnel from offshore assets, while some models indicate the storm's path could expose nearly 2 million BPD of U.S. refining capacity, including plants in Garyville and Baton Rouge, Louisiana.
Wednesday, October 21, 2026
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US Gulf Shuts In 25% of Oil Production Ahead of First Hurricane
Commodities13 days ago
Operators in the Gulf of Mexico have suspended production of 511,619 BPD of oil and 16.37% of natural gas as Tropical Storm Isaias advances toward the northern coastline. The Marine Minerals Administration reports that these shut-ins currently account for 25.08% of the region's oil output. The system is located about 520 miles south-southwest of the Mississippi River mouth with maximum sustained winds of 50 mph, and NOAA Hurricane Hunters recently confirmed the storm is gathering strength.
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