30% of US oil production out of action after ‘Francine’

30% of US oil production out of action after ‘Francine’

HoustonNearly 30 percent of U.S. crude oil production in the Gulf of Mexico and 41 percent of natural gas production remained offline Saturday after Hurricane Katrina. Francinethe US offshore energy regulator reported. Francine lashed major oil and gas producing areas in the Gulf of Mexico and battered Louisiana with winds of up to 100 mph … Read more