.Who Dat is offshore Louisiana in mid Gulf rather than near...

.Who Dat is offshore Louisiana in mid Gulf rather than near Florida in the east.. We should get good news on Monday.

Oil and gas Journal. 28 Sept

"The US oil and gas industry was spared the wrath of the devastating Hurricane Helene this week. The strongest storm on record to hit Florida’s Big Bend area left death and destruction in its wake but was far enough east to avoid the major areas of production in the Gulf of Mexico. Precautionary evacuations took place earlier in the week. However, the temporary loss of supply did not support crude prices. Additionally, a large draw in inventories, the increasing hostilities between Israel and Hezbollah/Hamas and the announcement of Chinese economic stimulus plans could not overcome demand concerns. WTI saw a weekly high price of $72.50/bbl on Tuesday with the low occurring Thursday at $66.95/bbl, a level seen 2 weeks ago. Brent crude also hit its high on Tuesday at $76.85/bbl and a low of $70.70/bbl on Thursday. Both grades of oil were down week-on-week. The WTI/Brent spread has widened to -$3.80. Overall, crude prices have been on a downward trend since WTI’s July 8 $85/bbl. Gulf of Mexico evacuations ahead of Helene curtailed a peak estimated 29% of oil production and 17% of natural gas according to the US Bureau of Safety and Environmental Enforcement (BSEE). It is expected that production will resume in short order now that the storm has passed."