Be Prepared for Peak Hurricane Season?

For much of this year, the refined fuel market has been extremely tight because of the Russian invasion in Ukraine. With prices topping out in June, we’ve been on a steady decline since then, but refineries continue to be at max capacity. Just this morning, the Department of Energy (DOE) released data that U.S. refineries […]

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Ida Hits Gulf Coast

Hurricane Idea made landfall yesterday in Port Fourchon, Louisiana as a Category 4 storm, with sustained winds of 150 mph.  At the time of reporting more than one million homes and businesses in Louisiana have lost electricity.

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2021 Hurricane Forecast

One week from today, on June 1st starts the 2021 hurricane season which will run through November 30th.  According to the National Oceanic and Atmospheric Administration, “NOAA’s Climate Prediction Center is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% chance of a near-normal season, and a […]

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The Peak of Hurricane Season

Hurricane season generally lasts from June 1st through November 30th. Typically, we will not start to see its impact until August which will usually peak into September. Why is this important to know and how does it pertain to the energy industry? In the past, hurricanes have caused billions of dollars’ worth of damage especially […]

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Cyclone Amphan and COVID-19 Impact on Oil Recovery

Just last week, India was hit with the 1st cyclone of the season.  Cyclone Amphan struck West Bengal directly wiping out any structure within reach.  Amphan’s path of destruction included farmland, schools, businesses, and homes. 10 million people have been affected and 500,000 have lost their homes due to the cyclone.  This storm is especially […]

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