Brannlund, Johan; Dunbar, Geoffrey; Ellwanger, Reinhard - 2022 - Last updated: December 20, 2022
Hurricanes disrupt oil production in the Gulf of Mexico because producers shut in oil platforms to safeguard lives and … find no evidence that temporary oil supply shocks affect state-level employment or indirectly affect industrial production … in sectors not immediately related to oil production. We find that the temporary oil supply shocks have local, temporary …