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16                   ECONOMY                                    Trump’s Time















































                Post Hurricane Ida: 94% of Offshore Oil

              and Gas Infrastructure Suffered Damage



              The oil and gas industry infrastructure in the Gulf of Mexico suffered
              extensive damage from Hurricane Ida, which made landfall Sunday as a
              Category 4 storm.

                                                 By PENNY STARR


          It could take weeks to assess the                     Hundreds  of  oil  production

          damage, with repairs delayed by                       platforms  remained  evacuated
          t h e   l o s s   o f   p o w e r   a f t e r         and nearly 1.1 million homes and
          “catastrophic”  damage    was                         businesses  in  Louisiana  and
          done to Louisiana's power grid,                       Mississippi  were  without  power

          utilities officials said.                             on Monday afternoon.


          Reuters reported on the efforts to                    Refineries  in  Norco  and  Belle

          restart oil and gas production in                     Chasse,  Louisiana,  remained
          the Gulf, which will translate into                   swamped a day after the storm
          higher prices at the pump:                            passed, images showed.
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