Saturday, May 30, 2026
Big freeze disrupts U.S. oil and gas production- oil and gas 360

Big freeze disrupts U.S. oil and gas production

(Oil Price) – Winter storm Fern has slashed U.S. oil and gas production as operators curtailed output amid the big freeze. Over the weekend, the storm led to producers losing up to 2 million barrels per day (bpd) of oil production, or about 15% of total U.S. oil output, according to estimates by analysts and traders cited by Reuters. According to estimates by