Saturday, July 3, 2010

Despite the fact that it is veering away from the gulf oil spill, Hurricane Alex nevertheless threatens

Until Tuesday, Hurricane Alex probably won't become a hurricane. But for now, tropical storm Alex, the first named storm of the 2010 hurricane season, appears to be heading from the oil spill within the Gulf of Mexico 2010. South Texas and northeastern Mexico has been given a hurricane warning. On day 69 of the gulf oil spill about 116 million gallons of crude have fouled the gulf, as reported by government estimates.

Source for this article: Hurricane Alex veers away from gulf oil spill but still threatens by Personal Money Store

Oil may be pushed onto shore by Hurricane Alex

A hurricane watch implies that hurricane weather is possible within 48 hours. If the tropical storm turns into Hurricane Alex, the storm’s center isn’t expected to approach the area of the oil spill off Louisiana’s coast. But Stacy Stewart, senior hurricane specialist at the National Hurricane Center in Miami, explained to CNN that Alex’s outer wind field could push oil from the spill farther inland and hinder operations within the area. Its center is coming from the Yucatan peninsula and is headed for the Texas-Mexico border.

Oil spill containment seems to be threatened by Hurricane Alex

Oil spill containment procedures and initiatives to cap the gushing well would probably be suspended if Hurricane Alex approached the northeastern part of the Gulf. It was reported by ABC News that when Alex became the first named storm of hurricane season 2010 which began June 1, officials worried what effect it could have on efforts to contain the millions of gallons of crude spewing into the sea and washing up on beaches.

Hurricane Alex could change course

As the storm continues to intensify, 50 mph winds extend up to 70 miles from the storm’s center. It is moving north-northwest near 7 mph. CNN reports that National Hurricane Center forecasters are yet to ruled out an easterly shift in Alex’s path. If Hurricane Alex were to change its present course, the oil spill cap placed over the blown-out well that’s capturing some of the crude would have to be taken out within the event of a hurricane. Ships drilling relief wells would have to suspend operations. On their present schedule, the relief wells, considered the best hope to stop the leak, are projected to be done by August.

Sensitive to the storm track are the crude oil futures

As hurricane season 2010 settles in, an indication of how oil prices may be plagued by coming storms emerged. As Hurricane Alex veers away from the oil spill in the Gulf of Mexico 2010, it was reported by the Wall Street Journal that crude oil futures Monday backed off from seven-week highs. Despite the fact that the storm might just make the affects of the oil spill worse, what matters more to the world is a lot more oil production, and fears that the developing tropical storm would disrupt oil production eased. As a result, prices for light sweet crude for August delivery fell to $78.11 a barrel on the New York Mercantile Exchange.

Discover more information:

CNN

cnn.com/2010/WORLD/americas/06/28/tropical.storm.alex/index.html?npt=NP1

ABC News

abcnews.go.com/Business/wirestory?id=11033517&page=1

Wall Street Journal

online.wsj.com/article/BT-CO-20100628-706482.html



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