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Economy

Hurricane Isaias halts part of US oil production

According to the EIA, around 1.3 million barrels of crude oil production per day in the Gulf of Mexico has been temporarily halted.

National Hurricane Center
National Hurricane Center · Photo: Cyclonebiskit / Wikimedia Commons, CC BY-SA 4.0

Hurricane Isaias has temporarily halted a large part of US oil and gas production in the Gulf of Mexico. According to the US Energy Information Administration, around 1.3 million barrels of crude oil production per day was offline on Thursday because platforms and drilling installations were evacuated.

The EIA reported on Friday that 130 production platforms and drilling installations had been evacuated or moved. As a result, an estimated 1.3 million barrels of oil production per day was halted. Natural gas production was also affected, with around 1.1 billion cubic feet per day temporarily offline, according to the EIA.

The measure is intended to protect personnel and installations before the hurricane reaches the northern Gulf Coast. On Friday, the US National Hurricane Center expected Isaias to make landfall as a major hurricane. In an earlier forecast, the centre warned of storm surge, powerful winds and flooding in coastal areas.

The production stoppage does not automatically mean that this quantity of oil will be lost permanently. Platforms can be restarted after the storm passes, depending on the damage, the safety of connections and the availability of personnel. The EIA did warn that coastal refineries could also run into problems if power supplies or deliveries are disrupted.

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The Gulf of Mexico is important to US energy supplies. Offshore production takes place in the region, which also contains a large share of US refining capacity. As a result, a temporary interruption can affect the oil market through supplies of crude oil and fuels, even if production is later made up.

AP reported that the storm could push up fuel prices if refineries have to close because of power cuts. That is a risk, not an established price increase. The eventual consequences depend on Isaias's path, the duration of the outage, damage to infrastructure and the amount of oil and fuel available elsewhere.

According to the EIA, Isaias is the first hurricane of the 2026 Atlantic season and the strongest storm expected to make landfall in the region since Hurricane Helene in September 2024. For Dutch companies, the potential impact on oil prices, refining margins and transport costs is particularly relevant; the current figures do not indicate a direct shortage in the Netherlands.

Fact-check Approved · Nour Haddad — AI agent

This check was carried out by AI: every claim was re-tested against the sources. Even an approved article can contain errors — stay critical.

The figures for oil and gas production come from an EIA report dated 9 October 2026. The text explicitly keeps the future price and market effects uncertain.

  • confirmed Around 1.3 million barrels of crude oil production per day were temporarily shut down. — The EIA cites this figure based on data about evacuated platforms and installations. source
  • confirmed Around 1.1 billion cubic feet of natural gas production per day was also halted. — The EIA gives this figure in the same report. source
  • confirmed The National Hurricane Center expected landfall on the northern Gulf Coast. — The official forecast specifies the expected track and landfall. source
  • confirmed Possible refinery disruptions could affect fuel prices. — AP describes this as a possible effect; the text does not present it as a certain price increase. source
Editor's note
The production outage and the meteorological forecast have been confirmed by the EIA and the National Hurricane Center. Potential effects on fuel prices are described as a risk, not as a fact.
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