Second Landfall
The storm contributed to a $2.16 price increase in oil futures in the New York Mercantile Exchange on July 21, although prices fell again after Dolly missed most of the oil rigs in the Gulf. The Minerals Management Service indicated that Dolly caused 4.66% of the total oil production and 5.13% of the natural gas production to be shut in.
Read more about this topic: Hurricane Dolly (2008), Impact