• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 11 days Does Toyota Know Something That We Don’t?
  • 11 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days America should go after China but it should be done in a wise way.
  • 14 hours World could get rid of Putin and Russia but nobody is bold enough
  • 12 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 2 days Even Shell Agrees with Climate Change!
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

Breaking News:

OPEC Lifts Production in February

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Louisiana Faces Major Oil Tanker Traffic Jam Following Hurricane Ida

More than two dozen oil tankers are jamming Louisiana ports in the wake of Hurricane Ida as port operators continue to assess the damage, Reuters reports, citing sources and ship-tracking data.

Ida made landfall in Louisiana earlier this week, leaving chaos in its wake. Some 95 percent of Gulf of Mexico oil production was shut in ahead of the storm and more than a tenth of U.S. oil refining capacity. Platforms and refineries are currently being restarted.

In the meantime, only a few ports between Louisiana and Alabama have reopened, with limits on vessel drafts, Reuters noted in its report, suggesting it would be a while until normal maritime traffic recovers.

The tanker situation is worst in Baton Rouge and Lake Charles, according to the cited data. In total, there are 30 oil tankers off the Louisiana coast waiting to load or unload their cargo. The Louisiana Offshore Oil Port (LOOP) remains closed, as does the Port of Fourchon, another important oil hub in Louisiana. According to a local port official, it could take weeks until the port reopens.

"It'll take weeks to get things back up and running. How many weeks is a good question," said a Greater Lafourche Port official in an interview with NPR. "We have a long road ahead of us and there's a lot of damage for us to assess and try to recover from."

"What we're seeing is tons of damage, obviously, being exactly where the landfall was for Hurricane Ida. There's vessels, you know, in places that they're not supposed to be, to say the least," Chett Chiasson also said.

The damage done by the hurricane to the oil industry reversed a decline in gasoline prices, which had fallen to the lowest since early July, but on Monday, they started climbing back up. Yesterday, the national average was $3.159 per gallon, up from $3.151 per gallon a day earlier, according to AAA estimates.

By Irina Slav for Oilprice.com


More Top Reads From Oilprice.com:

Download The Free Oilprice App Today

Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News