Hurricane Irma - This is going to be BIG
Posted: Fri Sep 01, 2017 12:11 pm
Watch the daily updates at https://www.weatherbell.com/premium/
Hurricane Irma is now expected to be a DEADLY category 5 hurricane as it approaches Florida next weekend. With luck it will turn north before it reaches Florida, but the entire east coast is at risk. There is still a slight chance that it crosses Florida (very bad if it does) and enters the Gulf of Mexico.
Oil tankers will stay far away from this one. Cat 5 hurricanes produce swells OVER 100 FEET HIGH.
I am expecting a big drop in U.S. liquids inventories over the next few weeks.
Hurricane Irma is now expected to be a DEADLY category 5 hurricane as it approaches Florida next weekend. With luck it will turn north before it reaches Florida, but the entire east coast is at risk. There is still a slight chance that it crosses Florida (very bad if it does) and enters the Gulf of Mexico.
Oil tankers will stay far away from this one. Cat 5 hurricanes produce swells OVER 100 FEET HIGH.
I am expecting a big drop in U.S. liquids inventories over the next few weeks.