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Home › Oil Prices Jump as Storm Approaches Gulf of Mexico Production Hub

 

Oil Prices Jump as Storm Approaches Gulf of Mexico Production Hub

2021-08-27 15:50:00| OGI

Gulf of Mexico offshore wells account for 17% of U.S. crude oil production and 5% of dry natural gas production. Over 45% of total U.S. refining capacity lies along the Gulf Coast.

Tags: jump prices production mexico

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