Much of Gulf of Mexico Oil Still Blocked

Over 120 Gulf of Mexico oil and gas platforms were still shut down Saturday and nearly 60 percent of the gulf’s normal daily oil production remained blocked from the market because of evacuations due to Hurricane Katrina, a federal agency said.

Following a survey of 56 energy companies, the Minerals Management Service reported that 122 of the 819 staffed platforms in the gulf were shut down, blocking 897,605 barrels – or 59.8 percent of the Gulf’s normal daily production of 1.5 million barrels.

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