Effects of Hurricane Irma in Florida
Irma was the first major hurricane to strike the state since Wilma in 2005 and the first Category 4 hurricane to make landfall in Florida since Charley in 2004. The storm made landfall in Florida on the same date as Hurricane Donna, the last Category 4 hurricane to strike the Florida Keys. Irma was only the second hurricane to hit Florida since Wilma, the other being Hermine in 2016. Due to few very intense hurricanes since Hurricane Andrew in 1992, there was concern that many Floridians never experienced or did not recall experiencing a hurricane as strong as Irma was projected to be at landfall, with significant growth in population and assets during the previous 25 years.
Hurricane Andrew
While Andrew was entering the Gulf of Mexico, oil companies evacuated hundreds of employees from offshore drilling platforms. The storm damaged 241 oil and gas facilities and toppled 33 platforms off the coast of Louisiana, causing significant disruptions in production. Additionally, 83 pipeline segments suffered damage to some degree. The oil industry lost about $12 million per day in the days following Andrew and $4 million daily by three weeks later. Initially, a production loss of 240,000 to 270,000 barrels per day occurred – approximately one-third of production throughout the Gulf of Mexico. Overall, Hurricane Andrew caused about $500 million in damage to oil facilities.