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.
For oil, that’s the equivalent of about 430,000 barrels of oil per day.
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.
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