Cyclone Esiás risks to oil output
Energy expert Tom Cloza discussed the dangers associated with the approaching Hurricane Isaias, explaining that the biggest risk is not damage to offshore oil platforms but rather the disruption of refineries due to the hurricane's impact on the power grid. He noted that approximately 1.3 million barrels per day of oil production in the Gulf of Mexico are currently halted, and oil companies have begun evacuating non-essential workers as a precautionary measure to minimize potential damage.
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