September 11, 2024 15:15 GMT
OIL: Six US Gulf Coast Refineries and 22 ports in Path of Hurricane Francine
OIL
Hurricane Francine could hit six US Gulf Coast refineries and 22 ports as it was nearing landfall on the Louisiana coast as of 9:52 am ET, according to Bloomberg using Bureau of Ocean Energy Management and EIA data.
- The hurricane is a risk to federal oil and gas leases that yielded 10.9kb/d, 34.6m cf/d and less than 3k b/d of condensate in June.
- Refineries within the possible path of storm include:
- Ergon Inc, Vicksburg
- Exxon Mobil Corp, Baton Rouge
- Placid Oil Co, Port Allen
- Shell Plc, Norco
- Valero Energy Corp, Norco
- Marathon Petroleum Corp, Garyville
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