Katia, still a tropical depression, is slowly moving toward the Gulf of Mexico, and several oil firms have begun to pull workers from offshore rigs. There is some chance that the storm could further disrupt production, and, if it moves toward the Texas coast, refineries could be shuttered as well. The most pressing question for consumers is whether a storm that closes a great deal of capacity in the Gulf will raise gas prices, as Hurricane Irene did. The Bureau of Ocean Energy Management,...As Katia Moves Toward Gulf of Mexico, Oil Drillers Shutter Some Rigs originally appeared on DailyFinance.com on 2011-09-02T09:15:00Z.
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