# Hurricane Ida - after the Storm — Breakwave Advisors

> Hurricane Ida made landfall in southeastern Louisiana as a Category 4 storm, damaging grain, barge and rail infrastructure and shutting in about 1.8m b/d of US Gulf crude output. Some ports reopened with draft restrictions, and outages could last weeks.

- Date: 2021-09-04 · published 2021-09-04T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/44976-hurricane-ida-after-the-storm-breakwave-advisors
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Damage to Gulf export terminals and energy capacity disrupts grain shipments and tightens crude and diesel supply, which supports energy prices and freight costs.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-03-24 | [Oil gains more than $3/bbl after Suez Canal ship grounding](https://feedsoft.ai/events/48292-oil-gains-more-than-3-bbl-after-suez-canal-ship-grounding.md) | +4.8% | +6.2% |
| WTI | 2026-09-17 | [Panama Canal stress shows the real shipping squeeze may still be ahead \| Reuters](https://feedsoft.ai/events/16765-panama-canal-stress-shows-the-real-shipping-squeeze-may-still-be-ahead-reuters.md) | -7.8% | -6.5% |
| WTI | 2026-03-12 | [With the Strait of Hormuz choked by war, the Panama Canal reaps the benefits \| CNN](https://feedsoft.ai/events/16871-with-the-strait-of-hormuz-choked-by-war-the-panama-canal-reaps-the-benefits-cnn.md) | +10.6% | +13.9% |
| WTI | 2026-03-04 | [Closure of the Strait of Hormuz causes urea, diesel prices to spike as planting season begins in Arkansas](https://feedsoft.ai/events/4429-closure-of-the-strait-of-hormuz-causes-urea-diesel-prices-to-spike-as-planting.md) | +12.2% | +37.4% |
| WTI | 2026-05-21 | [With the Strait of Hormuz closed, the Panama Canal is busier than ever. It should use this windfall wisely. - Atlantic Council](https://feedsoft.ai/events/16861-with-the-strait-of-hormuz-closed-the-panama-canal-is-busier-than-ever-it-should.md) | -8.7% | -14.0% |
| DIESEL | 2017-09-07 | [Diesel Gets a Boost After Hurricane Harvey - WSJ](https://feedsoft.ai/events/69117-diesel-gets-a-boost-after-hurricane-harvey-wsj.md) | -1.8% | +0.2% |
| DIESEL | 2017-09-16 | [In the hurricanes' wake: Fuel, nitrogen… \| PB Commercial](https://feedsoft.ai/events/69269-in-the-hurricanes-wake-fuel-nitrogen-pb-commercial.md) | +1.0% | -0.1% |
| DIESEL | 2026-10-20 | [Benchmark diesel price up as market takes a short breather - FreightWaves](https://feedsoft.ai/events/632-benchmark-diesel-price-up-as-market-takes-a-short-breather-freightwaves.md) | -0.2% | — |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2021/9/4/hurricane-ida-after-the-storm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.