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	<title>Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey</title>
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    window.mdc_page.article = {"template":"models\/article\/standard.tpl","afterAttributes":[],"article_id":"2632703","unique_id":"ique2015-1196406","title":"Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey","subtitle":"","short_title":"Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey","lead_photo_id":"2838290","lead_photo_layout":"2","profile_id":"0","urgency":"3","summary":"That oil-producing region between Texas and Louisiana is responsible for about one-third of the nation's total oil and gas production capaci...","author_display":"Todd Shepherd","pub_date":{"date":"2017-08-27 15:30:40.000000","timezone_type":3,"timezone":"America\/New_York"},"expire_date":"0000-00-00","modified_date":"2017-08-27 15:30:47","create_date":"2017-08-27 15:30:47","approved":"1","comment_level_id":"1","show_enriched":"0","extended":"<p>About a quarter of all the oil and natural gas produced in the Gulf Coast region of Texas is now offline because of Hurricane Harvey, according to the Interior Department's Bureau of Safety and Environmental Enforcement.<\/p>\r<p>For oil, that's the equivalent of about 430,000 barrels of oil per day.<\/p>\r<p>That oil-producing region between Texas and Louisiana is responsible for about one-third of the nation's total oil and gas production capacity, and hasn't seen a shutdown of this magnitude because of weather-related events in many years.<\/p>\r<p>Just as important as the oil and gas production is the region's refining capacity.<\/p>","relative_date":"4 months ago","link":"\/quarter-of-gulf-coast-oil-and-gas-production-now-offline-because-of-hurricane-harvey\/article\/2632703","lead_photo":{"afterAttributes":[],"appends":[],"hiddens":[],"photo_pub_id":"2838290","photo_id":"2823002","system_id":"WEX_ique2015-1196409","filename":"082717 - Oil offline Harvey - Shepherd-pic","title":"","caption":"An oil refinery flare, right, continues to burn through wind and rain as Hurricane Harvey moves into Corpus Christi, Texas, on Friday, Aug. 25, 2017. 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15:30:47.000000","timezone_type":3,"timezone":"America\/New_York"},"content":{"afterAttributes":[],"appends":[],"hiddens":[],"article_id":"2632703","body":"<p>About a quarter of all the oil and natural gas produced in the Gulf Coast region of Texas is now offline because of Hurricane Harvey, according to the Interior Department's Bureau of Safety and Environmental Enforcement.<\/p>\n<p>For oil, that's the equivalent of about 430,000 barrels of oil per day.<\/p>\n<p>That oil-producing region between Texas and Louisiana is responsible for about one-third of the nation's total oil and gas production capacity, and hasn't seen a shutdown of this magnitude because of weather-related events in many years.<\/p>\n<p>Just as important as the oil and gas production is the region's refining capacity.<\/p>\n<p>Tom Kloza, an oil and gas analyst with the Oil Price Information service <a href=\"http:\/\/whnt.com\/2017\/08\/27\/harveys-threat-to-texas-oil\/\" target=\"_blank\">was quoted<\/a> by numerous media outlets as saying gas prices nationwide could see a 5 to 15 cent increase, and that could spike even further if a major refinery suffered direct damage from the winds when Harvey was at full Category 4 strength.<\/p>\n<p>Harvey was downgraded to a tropical storm on Saturday.<\/p>\n<p>Still, Kloza said refinery work is usually only offline briefly, meaning any price spikes are not likely to last long.<\/p>\n<p>Early Sunday afternoon, the White House said President Trump and Vice President Pence had just completed a second cabinet-level meeting to continue to assess and adjust the federal government's response to the disaster which is expected to cause more damage from flooding than even the 120 mile an hour sustained winds the storm packed when it hit the Texas coast late Friday night.<\/p>\n<!--EndFragment-->","info_box":"","review_by":"0","review_date":"0000-00-00 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<article class="article is_current_article layout-2col-standard orient-bottom-center theme-standard  " id="article-2632703" data-meta_title="Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey" data-url="/quarter-of-gulf-coast-oil-and-gas-production-now-offline-because-of-hurricane-harvey/article/2632703" data-article_id="2632703" data-short_url="http://www.washingtonexaminer.com/article/2632703" 
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					<h1 itemprop="headline">Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey</h1>
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                                <a class="text-muted" href="/author/todd-shepherd" itemprop="author" itemscope itemtype="http://schema.org/Person"><span  itemprop="name">Todd Shepherd</span></a>
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						<a class="article-date text-muted" href="#" rel="nofollow" data-href="/by-date/2017-08-27T15:30:40-04:00" data-date="2017-08-27T15:30:40-04:00"><time itemprop="datePublished" datetime="2017-08-27T15:30:40-04:00">Aug 27, 2017, 3:30 PM</time></a>
												
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					<p>About a quarter of all the oil and natural gas produced in the Gulf Coast region of Texas is now offline because of Hurricane Harvey, according to the Interior Department's Bureau of Safety and Environmental Enforcement.</p>
<p>For oil, that's the equivalent of about 430,000 barrels of oil per day.</p>
<p>That oil-producing region between Texas and Louisiana is responsible for about one-third of the nation's total oil and gas production capacity, and hasn't seen a shutdown of this magnitude because of weather-related events in many years.</p>
<p>Just as important as the oil and gas production is the region's refining capacity.</p>
<p>Tom Kloza, an oil and gas analyst with the Oil Price Information service <a href="http://whnt.com/2017/08/27/harveys-threat-to-texas-oil/" target="_blank">was quoted</a> by numerous media outlets as saying gas prices nationwide could see a 5 to 15 cent increase, and that could spike even further if a major refinery suffered direct damage from the winds when Harvey was at full Category 4 strength.</p>
<p>Harvey was downgraded to a tropical storm on Saturday.</p>
<p>Still, Kloza said refinery work is usually only offline briefly, meaning any price spikes are not likely to last long.</p>
<p>Early Sunday afternoon, the White House said President Trump and Vice President Pence had just completed a second cabinet-level meeting to continue to assess and adjust the federal government's response to the disaster which is expected to cause more damage from flooding than even the 120 mile an hour sustained winds the storm packed when it hit the Texas coast late Friday night.</p>
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		<a href="/new-york-new-jersey-connecticut-unite-to-sue-government-over-salt-deduction-limit/article/2647201">New York, New Jersey, Connecticut unite to sue government over SALT deduction limit</a>
	</h5> 
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		alt="The federal lawsuit charges that the loss in federal funding jeopardizes programs that provide more than 800,000 low-income people with access to healthcare. (AP Photo/Evan Vucci)">
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-26T12:04:47-05:00" data-date="2018-01-26T12:04:47-05:00">2 hours ago
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	</h5> 
</div>


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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-26T10:53:30-05:00" data-date="2018-01-26T10:53:30-05:00">3 hours ago
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-26T00:23:00-05:00" data-date="2018-01-26T00:23:00-05:00">14 hours ago
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		<a href="/tom-steyer-to-pull-funding-from-democratic-party-committees-report/article/2647133">Tom Steyer to pull funding from Democratic Party committees: Report</a>
	</h5> 
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		alt="President Trump could go down in history as someone who improbably broke an immigration stalemate. Or it could be the latest immigration reform disappointment. (AP Photo/Evan Vucci)">
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-26T00:01:00-05:00" data-date="2018-01-26T00:01:00-05:00">14 hours ago
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		alt="Sen. Tammy Baldwin, D-Wis., has held up Michael B. Brennan's judicial appointment by refusing to signify her acquiescence to the president's nominee by returning her &quot;blue slip.&quot; (AP Photo/Alex Brandon)">
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-25T21:25:15-05:00" data-date="2018-01-25T21:25:15-05:00">17 hours ago
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-25T18:59:45-05:00" data-date="2018-01-25T18:59:45-05:00">19 hours ago
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-25T18:43:00-05:00" data-date="2018-01-25T18:43:00-05:00">19 hours ago
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			<small class="text-uppercase text-muted"><a class="article-date text-muted" tabindex="0" rel="nofollow" href="#" data-href="/by-date/2018-01-25T18:19:00-05:00" data-date="2018-01-25T18:19:00-05:00">20 hours ago
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