# Hurricane Isaias Shuts Gulf Oil Output

> Hurricane Isaias halts 72% of US Gulf oil production as prices surge.
- Title: Hurricane Isaias Shuts Gulf Oil Output · mint | Shortify
- Summary: Hurricane Isaias halts 72% of US Gulf oil production as prices surge. Hurricane Isaias shut 72% of Gulf oil output, raising shipping costs to $39.50 per…
- Keywords: hurricane isaias, gulf oil output, us gulf coast, oil production, shipping costs, baltic exchange, money, business, Hurricane, Isaias, Shuts, Gulf
- Source: mint — https://livemint.com/market/hurricane-isaias-shuts-almost-three-quarters-of-gulf-oil-output-11791575609353.html
- Published: 2026-10-09T19:53:29+00:00
- Read time: 1 min
- Topics: hurricane isaias, gulf oil output, us gulf coast, oil production, shipping costs, baltic exchange, money, business
## Hurricane Isaias
Hurricane Isaias lifted US Gulf Coast crude prices as 72% of regional oil production shut.
## Production Cutoffs
Marine Minerals Administration reported 1.46 million barrels a day halted, 72% of regional output.
## BP Platforms
BP shut Thunder Horse and Na Kika platforms and evacuated Argos, Atlantis, Mad Dog.
## Shipping Costs
Hiring a large crude carrier now costs $79 million, or $39.50 per barrel for 2 million barrels.
## Key takeaway

Hurricane Isaias shut 72% of Gulf oil output, raising shipping costs to $39.50 per barrel.