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Gulf oil was not a major source of our oil before 1978 and demand was no where near as high as now.Here's a few examples of many:
Oil Prices Rise As Hurricane Ike Threatens Coastal Oil Facilities
Economic effects of Hurricane Katrina - Wikipedia, the free encyclopedia
Almost 30% of our oil production and 50% of our refineries are vulnerable to hurricanes. If we have to import more oil and gas due to hurricane damage (real or potential), THAT affects world prices.
Got a link for your first statement? I grew up in east Texas, before 78....Gulf oil was big then, do some googling that includes the decades before 1980....