|
As of Friday, September 23, 5:00 pm
Shut-in Status
| Date |
Shut-in Oil
(bbl/d)
|
% of Total
Federal GOM
|
Shut-in Natural Gas
(mmcf/d)
|
% of Total
Federal GOM |
| 9/23/2005 |
1,486,877
|
95.2%
|
7,204
|
69.3%
|
| 9/22/2005 |
1,379,000
|
88.3%
|
6,595
|
63.4%
|
| 9/21/2005 |
1,097,357
|
70.2%
|
4,713
|
45.3%
|
| 9/20/2005 |
877,275
|
56.2%
|
3,482
|
33.5%
|
| 9/19/2005 |
837,648
|
53.6%
|
3,375
|
32.5%
|
| 9/16/2005 |
840,921
|
53.8%
|
3,384
|
32.5%
|
| 9/15/2005 |
842,091
|
53.9%
|
3,411
|
32.8%
|
source: Minerals Management Service
figure
data
Prices
figure
data
figure
data
| NYMEX Futures Prices |
9/23/2005 |
9/22/2005 |
change |
Week Ago
9/16/2005 |
Year Ago
9/23/2004 |
| WTI Crude
Oil ($/Bbl) |
64.19
|
66.50
|
-2.31
|
63.00
|
48.46
|
| Gasoline
(c/gal) |
208.56
|
213.94
|
-5.38
|
178.51
|
134.32
|
| Heating Oil
(c/gal) |
194.90
|
204.58
|
-9.68
|
183.70
|
135.29
|
| Natural Gas
($/MMBtu) |
12.32
|
12.79
|
-0.47
|
11.14
|
5.56
|
In addition to the 4 refineries that remain shut down following
Hurricane Katrina, another 16 refineries have shut down in preparation
for Hurricane Rita, according to DOE's Office of Electricity
Delivery and Energy Reliability. According to EIA data, the
total amount of refinery capacity shut down amounts to nearly
5 million barrels per day. This accounts for as much as 2.2
million barrels per day of gasoline, 1.2 million barrels per
day of distillate fuel, and about 0.6 million barrels per day
of jet fuel that will not be produced as long as these refineries
remain shut down.
As Hurricane Rita approaches the Gulf Coast over a dozen natural
gas processing plants are confirmed that they are off-line due
to evacuations, lack of supplies, an inability to move stored
liquids, and safety precautions. The processing plants known
to be not operating have a combined capacity of more than 10
billion cubic feet per day (Bcf/d), but this number does not
reflect actual flows before Hurricane Katrina and Hurricane
Rita. Duke Energy Field Services (DEFS) noted that refineries
and fractionators along the Gulf Coast affected by the hurricane
are discontinuing their operations, resulting in a lack of natural
gas liquids take-away capacity. Thus, some natural gas gathering
and processing facilities in west and central Texas, and southeast
New Mexico are being shut-in.
|