Tagged: Oil and Gas

Update at 1:26 p.m. ET. No Confirmed Deaths:

The U.S. Coast Guard tells WWLTV that 11 people have been sent to hospital but no deaths have been confirmed in a oil rig fire off the coast of Louisiana.

WWLTV, KHOU and Reuters were reporting two deaths earlier.

Our Original Post Continues:

A fire on an oil rig off the coast of Louisiana has killed two people, Louisiana's WWLTV is reporting.

Within the next two decades, the United States may barely need any oil from the Persian Gulf, due in large part to increased domestic production. That dramatic shift could shake the foundation of U.S. interests in the Middle East.