Big Oil Begins Shutting In Gulf of Mexico Production

Shell and Chevron have started shutting in platforms in the Gulf of Mexico ahead of an approaching storm that could become a hurricane by the end of the week. Shell is evacuating all personnel from five platforms, including Mars, Olympus, Ursa, Vito, and Appomattox, and shutting production activities there. Chevron, meanwhile, is doing the same at four offshore platforms in the Gulf, but leaving another five platforms operating normally.

Earlier reports said BP was also evacuating staff from offshore platforms in the Gulf. Tropical storm Isaias…