Gulf fishing industry takes hit from Ivan
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By 6 pm Wednesday the 60-mile buoy off of Alabama&#39;s Gulf Coast was already recording 52-foot waves. That occurred with the eye of Hurricane Ivan still more than 75 miles away.
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Hurricane Ivan spared the critical Gulf Coast refining belt, but oil prices rose anyway Thursday on fears a new storm brewing in the Caribbean will delay tankers carrying imported crude to US ports.
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Hurricane Ivan, which slammed into the US Gulf coast today, may cost insurers $4 billion to $10 billion, rivaling hurricanes Charley and Frances, Risk Management Solutions Inc.
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DALLAS (CBS.MW) -- Oil and gas production in the Gulf of Mexico remains off line and tankers continued to sit idle offshore Friday, raising questions about how much further the nation&#39;s crude inventories will be depleted following Hurricane Ivan.
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Hurricane Ivan has slammed into the US Gulf coast with furious winds and towering waves that have ripped houses off their foundations, sliced a bridge in half and cut power to millions.
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MOBILE, Ala.  - Hurricane Ivan slammed into the  U.S. Gulf Coast early on Thursday with devastating winds and  pounding waves that ripped homes apart, flooded deep inland and  spawned tornadoes that killed at least two people.
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MOBILE, Ala. - Hurricane Ivan and its 135-mph winds churned toward the Gulf Coast with frightening intensity Wednesday, spawning monster waves that toppled beach houses and spinning off tornadoes that killed at least two people...
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GULF SHORES, Ala. - Hurricane Ivan slammed ashore early Thursday with winds of 130 mph, packing deadly tornadoes and a powerful punch of waves and rain that threatened to swamp communities from Louisiana to the Florida Panhandle...
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Industry analyst Trilby Lundberg says the drop comes thanks to an increase in crude oil supplies combined with the recovery of US offshore oil production after Hurricane Ivan.
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World crude prices have risen amid fears that supplies from the oil-rich Gulf of Mexico could be disrupted by Hurricane Ivan. Energy companies have evacuated thousands of offshore workers and shut down some production in the region.
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Two offshore semi-submersible drilling rigs were found in the Gulf of Mexico with no apparent damage Thursday after they went missing in the wake of Hurricane Ivan.
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Marathon Oil Corp., the fourth- largest US oil producer, evacuated about 40 workers from platforms in the Gulf of Mexico and cut production as Hurricane Ivan entered the region.
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PENSACOLA, Fla.  - Hurricane Ivan slammed into the  U.S. Gulf coast on Thursday with furious winds and towering  waves that ripped houses off their foundations, sliced bridges  in half and cut power to millions.
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Description: With Hurricane Ivan approaching, oil companies evacuate hundreds of oil workers from drilling platforms in the Gulf of Mexico.
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(Panama City Beach, Florida-AP) Sept. 14, 2004 - Hurricane Ivan&#39;s winds have weakend to 140 miles-per-hour, but that&#39;s not stopping some Gulf Coast residents from getting out of the way of Hurricane Ivan.
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Hurricane Ivan and its 135-mph winds churned toward the Gulf Coast with frightening intensity Wednesday, spawning monster waves that toppled beach houses and spinning off tornadoes that killed at least two people.
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PENSACOLA, Fla.  - Hurricane Ivan slammed into the  U.S. Gulf coast on Thursday with furious winds and towering  waves that ripped houses off their foundations, sliced a bridge  in half and cut power to millions.