Gustav Eying Gulf Oil and the LOOP

Hurricane Gustav is currently eying oil producing rigs and the Lousiana Offshore Oil Port (LOOP) as it heads north across Cuba's Pinar del Rio province into the Gulf Mexico.

Over the past decade, oil from the Gulf Coast has become an increasing part of domestic production. (link to DOE production figures) Current figures show that oil rigs in the Gulf produced 1.35 mbd (million barrels daily) in April 2008.