For example, in 2001 23 percent of the nation’s natural gas supplies originated in the Gulf of Mexico, whereas today that number is only 8 percent. So the number of hurricanes that occur matters less than the route they choose to take, and how these routes affect the U.S. Mainland.
Meteorologists already predict that this year the storms that do occur will create more trouble than usual. The Colorado State University (CSU) team says there is a 72 percent change that one major hurricane with sustained winds of 111 mph will make landfall along the U.S. coastline. This is up over a historical average of just 52 percent. CSU also says that there is a 48 percent chance (compared to a 31% average) that a major hurricane will hit the east coast, including peninsular Florida, and a 47 percent chance (as opposed to a 30% average) that a major hurricane will make landfall on the Gulf Coast from the Florida Panhandle west to Brownsville, Texas. Additional information about the potential of weather and other factors affecting the Natural Gas market are featured in the Monthly Edition of The Advisor. Take a FREE 60-day trial to The Advisor and learn about shale gas supplies, current natural gas pricing trends, and other factors that will impact natural gas prices. Learn more by visiting www.energysolutionsinc.com.# # # About Energy Solutions, Inc. Formed in 1996, Energy Solutions, Inc. is independently owned. With more than 50 years of experience in the natural gas industry, our team focuses on natural gas prices and in helping businesses improve their internal processes for the purchase of natural gas.
