I was watching the local weather report yesterday when they put up one of those national temperature maps. I was struck by the fact that a very large area of the southeast had 100’s plastered over it’s bright orange shading. This caught my attention because there was what looked like a massive storm in the Gulf of Mexico that they did not mention.
Well, it turns out that that storm is now Tropical Storm Erin which will hit the Texas coast in the next 12 hours. This will be followed by Dean, a Tropical Storm in the eastern Caribbean that is projected to be a Cat 3 hurricane by the weekend, before it hits the extremely warm waters of the Gulf. This may be the first serious hurricane weekend of the season.
The first indicator will be gas and oil commodity prices- traders tend to watch these weather reports like hawks as these storms are dead aimed at refineries and oil platforms.
I’m glad I’m not living in the steamy south these days!