Bloomberg | Oil Climbs Above $71 as Storm Threat Mounts in Gulf of Mexico Bloomberg A hurricane warning has been posted for the Gulf Coast from eastern Louisiana to the Florida-Alabama state line, raising concerns that work at more oil installations may be disrupted. The region produces about 17 percent of U.S. crude, according to the ... Oil spikes over $71 as Tropical Storm Gordon forces evacuations in Gulf of Mexico Oil Climbs Above $70 as Storm Threat Mounts in Gulf of Mexico |