Forecast strong hurricane season presents risk for U.S. oil and natural gas industry ›

Meteorologists are forecasting a particularly intense Atlantic hurricane season this year; they expect 20–25 named storms with a possibility of 30 or more, according to reports from AccuWeather in April. Colorado State University similarly forecasts an estimated 23 named storms this year. The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the U.S. oil and natural gas industry. More ›

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly