(Bloomberg) -- Hurricanes in the Gulf of Mexico
this year will cut U.S. crude oil production by about 13.2
million barrels and natural gas output by about 86.5 billion
cubic feet, the government said.
The U.S. Energy Department estimates are based on last
month's forecast from the National Oceanic and Atmospheric
Administration for an above-normal hurricane season, with 13 to
17 named storms in the Atlantic Basin. Seven to 10 of them will
likely become hurricanes, and three to five may become major
hurricanes with winds above 111 miles (179 kilometers) an hour.
Read more at Bloomberg Energy News
this year will cut U.S. crude oil production by about 13.2
million barrels and natural gas output by about 86.5 billion
cubic feet, the government said.
The U.S. Energy Department estimates are based on last
month's forecast from the National Oceanic and Atmospheric
Administration for an above-normal hurricane season, with 13 to
17 named storms in the Atlantic Basin. Seven to 10 of them will
likely become hurricanes, and three to five may become major
hurricanes with winds above 111 miles (179 kilometers) an hour.
Read more at Bloomberg Energy News
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