The Atlantic hurricane season is underway, and the U.S. natural gas industry is taking extra measures this year to be better prepared for major storms that could have far-reaching impacts amid lower domestic storage inventories and tight global energy markets. 

“For the global gas market, the stakes are higher with Freeport LNG offline, especially given the situation in Europe where gas supplies are already expected to be tight,” said FactSet energy analyst Connor McLean. 

The natural gas and crude pipelines, petroleum product terminals and refineries, as well as countless wells and export facilities concentrated along the Gulf Coast have long made hurricane preparedness a top priority for the industry. 

In recent years, more natural gas in the nation’s power stack,...