Insight
Hurricane Ida aftermath still throwing a wrench in US Gulf Coast oil market
Report summary
Hurricane Ida came and went in late August but is still affecting the crude oil and refined markets over three weeks later. The storm caused historic disruptions to both crude oil and refined products supply and refiner demand for crude oil, with the largest impact on Louisiana refinery operations. In this Insight, we evaluate the following: • Damaged refineries hinder Gulf Coast crude runs • US Gulf of Mexico production remains lower than pre-Hurricane levels • Refinery I/O Hurricane Ida refinery operator analysis • Crude price impact and autumn SPR release
Table of contents
- Refinery floods hit crude runs
- Refinery I/O assesses the downstream impact and offers insight into crack spreads
- Refinery I/O Hurricane Ida refinery operator analysis
- Losses in Gulf of Mexico production linger
- US Hurricane Ida crude price impact and autumn SPR release
Tables and charts
This report includes 6 images and tables including:
- TX and LA refinery crude runs (change since initial impact) Ida vs past storms
- PADD 3 Crude demand loss: change from Aug. 25
- PADD 3 Refined production loss: change from Aug. 25
- Wood Mackenzie Weekly FCC Margin
- Refinery I/O Selected Refinery Operator Crude Runs
- GoM production: Ida vs past storms
What's included
This report contains:
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