Risk

The East Coast will be at greater risk this coming hurricane season even though the number of named storms is expected to be about average, and Gulf of Mexico interests can expect seven to 10 days with at least the threat of weather disruptions, AccuWeather.com Hurricane Center meteorologists said last week.

The East Coast will be at greater risk this coming hurricane season even though the number of named storms is expected to be about average, and Gulf of Mexico interests can expect seven to 10 days with at least the threat of weather disruptions, AccuWeather.com Hurricane Center meteorologists said Monday.

With the days of $2 natural gas long gone, producers, traders and consumers of energy are more attuned to efficiency, conservation and price risk management than ever before. And so are industry regulators, according to one who spoke with NGI last week.

With the days of $2 natural gas long gone, producers, traders and consumers of energy are more attuned to efficiency, conservation and price risk management than ever before. And so are industry regulators, according to one who spoke with NGI this week.

October natural gas futures rose as traders elected to minimize risk to higher prices and covered short positions prior to the weekend as Tropical Storm Ingrid moved west. It is a common practice for traders to not carry any kind of short position over a weekend especially during hurricane season when prices could shoot higher Monday should the storm appear to threaten the Gulf Coast. October futures rose a hefty 25.0 cents to settle at $6.279 in active trading on the New York Mercantile Exchange.

It’s official and in writing. The Canadian government does not want to own a northern pipeline — and especially not one with a serious enough risk of losing money to make private investors hesitate.

It’s official and in writing. The Canadian government does not want to own a northern pipeline — and especially not one with a serious enough risk of losing money to make private investors hesitate.

London-based Tropical Storm Risk (TSR) reiterated last week that it expects 2007 Atlantic basin and U.S. landfalling tropical cyclone activity to be about 75% above the 1950-2006 norm, the highest March forecast for activity in any year since the forecaster began issuing real-time forecasts in 1984. Based on current and projected climate signals, TSR said there is a “high probability” for an active hurricane season.

London-based Tropical Storm Risk (TSR) is forecasting 2007 Atlantic basin and U.S. landfalling tropical cyclone activity will be about 75% above the 1950-2006 norm, the highest March forecast for activity in any year since the forecaster began issuing real-time forecasts in 1984. Based on current and projected climate signals, TSR said there is a “high probability” for an active hurricane season.