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30% of US oil production in the Gulf of Mexico halted due to Hurricane Frances

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About 30 percent of crude oil production and 41 percent of natural gas production remained shut in the Gulf of Mexico on Saturday due to Hurricane Frances, the U.S. Bureau of Safety and Environmental Enforcement said.

The office added that the hurricane caused the shutdown of production of more than 522 thousand barrels of oil per day and 755 million cubic feet of natural gas.

The office said the number of oil and gas platforms where energy workers have abandoned their positions has reached 52, down from 171 at the height of the hurricane last week.

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