Gulf storm puts oil and gas output at risk

A U.S. Gulf storm could shut in oil and gas production and damage infrastructure, Reuters reported Oct. 5, a risk flagged in Oct. 6 coverage. That can lift prices. Front-month Henry Hub gas, the U.S. benchmark for near-term delivery, held near $3.16, per CME. My take: conditional risk, not shortage, but heating bills could rise if flows tighten.