Hurricane

Despite the formation of Tropical Storm Ana earlier this month — several weeks before the official start of the 2015 Atlantic hurricane season — the number of tropical cyclones this year is expected to be below normal, according to AccuWeather forecasters.

Despite the formation of Tropical Storm Ana earlier this month — several weeks before the official start of the 2015 Atlantic hurricane season — the number of tropical cyclones this year is expected to be below normal, according to AccuWeather forecasters.

Traders in the natural gas forward market eyeing May, June and the remainder of the summer strip don’t seem to be expecting much in the way of surprises. Some obvious considerations seem to be the degree to which reductions in industry capital expenditures will reduce production, the usual hurricane forecasts and the weather in general.

Traders in the natural gas forward market eyeing May, June and the remainder of the summer strip don’t seem to be expecting much in the way of surprises. Some obvious considerations seem to be the degree to which reductions in industry capital expenditures will reduce production, the usual hurricane forecasts and the weather in general.

It looks like Gulf of Mexico oil and natural gas drillers can breathe a sigh of relief this year if forecasters at Colorado State University (CSU) hit their mark. The 2015 Atlantic hurricane season is likely to be milder than last year’s and may be one of the least active seasons in decades, according to their study this week.

It may not look like much, but a broad area of low pressure tracking over southern Florida Friday may have the potential to strengthen and move toward natural gas infrastructure along the Gulf Coast early next week, according to one forecaster.

The first half of the 2014 Atlantic Hurricane season has produced only three named storms — none of them having any significant impact on the U.S. energy industry — and forecasters at Weather Services International (WSI) don’t expect the second half to be much worse.

With almost 10 weeks of the 2014 Atlantic hurricane season gone by and only two named storms having formed, the National Oceanic and Atmospheric Administration (NOAA) on Thursday said it is more likely than ever that tropical activity this year will remain below normal.

August natural gas is seen opening 2 cents higher Thursday morning at $4.38 as traders have to factor in moderating East Coast weather in the wake of now Hurricane Arthur and also gear up for the expected trading volatility following the release of government storage figures. Overnight oil markets slumped.