Storm season shows another benefit of shale revolution

Fuel Fix:
Shale boom has made U.S. oil production less vulnerable to hurricanes
...
In 2003, the Gulf of Mexico produced 27 percent of the nation’s crude oil output, the U.S. Energy Information Administration said. A decade later, that share had dropped to 16 percent. Natural gas production from the Gulf tumbled from a high of 26 percent in 1997 to just 4 percent in 2014.
...
With storage tanks also filled any disruption in the flow from the Gulf can be easily managed.   In recent years there have actually been very few hurricanes that actually went into the Gulf of Mexico.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Is the F-35 obsolete?