Wednesday, December 24, 2025 | 12:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Here's why US crude oil supplies took such a big hit from Hurricane Ida

The damage to offshore platforms, pipelines and even helipads was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.

Photo: Bloomberg
premium

Photo: Bloomberg

Sergio Chapa and David Wethe | Bloomberg
Hurricane Ida unleashed such furious winds and waves that almost two weeks later oil drillers, power suppliers and refiners are still picking up the pieces. They won’t be done any time soon.
 
The damage to offshore platforms, pipelines and even heli-pads was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable. The ripple effects are still playing out as refiners and brokers scour the globe for replacements and the Gulf’s biggest oil producer, Royal Dutch Shell Plc, tells some customers it can’t honor supply commitments.

It