Monday, June 28, 2010

tropical storm alex 2010


tropical storm alex 2010

The first storm of the names of the 2010 Atlantic hurricane season, Tropical Storm Alex, it seems, Veering away from the central and the Gulf of Mexico toward the Texas-Mexico border. The latest projections show the storm is likely somewhere in north-central Mexico and Texas hit the dead center of the current outlook in close proximity to Corpus Christi. The storm is likely only to make the 110 km / h winds after the loss of high-strength, after the entire way to the Yucatan Peninsula over the weekend. 110 mph sustained winds, Alex sounds like a storm. But there would be enough to tame by hurricane standards, it makes the top of the storm is a Category Two storm on the Saffir-Simpson scale, which would cause a moderate level of damage in coastal areas.

Fortunately, many of the storm moved away from the heart of the offshore oil and gas production in America is highly concentrated off Louisiana and Alabama. This has contributed to the United States Natural Gas Fund (Ung) is lower by 3% Monday trade tax, as the likelihood of a severe supply disruption is reduced significantly. This draft came after the fund has increased the appeal Friday traders fear that the storm would hit the important region, and removed a large gas for more than a week. However, the current path of the storm, traders recognize the impact would be minimal, and Ung was sunk as a result [more technical analysis of Ung here].Tropical Storm Alex has also stopped BP's clean-up efforts in the Gulf. Stoppage of the leak is temporarily on hold until Hurricane Alex passes through.Apache have all removed employees from the projected path of the hurricane. According to the Gainesville Sun, crude oil prices rose by $1.69 a barrel.

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