Sputnik<\/p>\n\n\n
Total U.S. oil output has contracted by a record one-third, or 3.5 million barrels per day and more, as anomalous low temperatures caused disruptions to well operations in Texas, the country\u2019s largest oil-producing region, according to a watchdog.<\/p>\n\n\n
Bloomberg reported on Wednesday that prior to the winter freeze, the U.S. daily output stood at some 11 million barrels.<\/p>\n\n\n
Along with causing massive power outages, one of the coldest U.S. winters in decades has forced a number of largest oil companies, including Motiva and Exxon Mobil, to temporarily shut down their refineries, according to the report.<\/p>\n\n\n
France\u2019s Total has cut crude processing to minimal levels and shut down its Port Arthur refinery in Texas.<\/p>\n\n\n
The severe weather has also affected companies Occidental Petroleum and Chevron.<\/p>\n\n","protected":false},"excerpt":{"rendered":"
Sputnik Total U.S. oil output has contracted by a record one-third, or 3.5 million barrels per day and more, as anomalous low temperatures caused disruptions to well operations in Texas, the country\u2019s largest oil-producing region, according to a watchdog. Bloomberg reported on Wednesday that prior to the winter freeze, the U.S. daily output stood at […]<\/p>\n","protected":false},"author":1,"featured_media":26198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[162],"class_list":["post-28200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-oil","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"\n