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Dallas Fed Survey Reveals Rosier Outlook in US Oil Patch

2021-06-24 11:15:00| OGI

The rosier outlook from energy executives contacted by the Dallas Fed comes as oil prices on June 23 climbed to the highest levels since late 2018 on crude inventory declines, while shares in oil and gas companies traded higher.

Tags: survey oil dallas patch

 

Eastern North Pacific Tropical Weather Outlook

2021-06-24 07:12:22| National Hurricane Center (East Pacific)

000 ABPZ20 KNHC 240512 TWOEP Tropical Weather Outlook NWS National Hurricane Center Miami FL 1100 PM PDT Wed Jun 23 2021 For the eastern North Pacific...east of 140 degrees west longitude: Showers and thunderstorms are gradually becoming better organized in association with a broad area of low pressure located a couple of hundred miles south of the coast of southern Mexico. Environmental conditions are conducive for further development, and a tropical depression is expected to form during the next couple of days while the disturbance moves west-northwestward at about 10 mph. This system is expected to be near the coast of southern or southwestern Mexico through the weekend, and interests in those areas should monitor its potential for development, as well as the threat of heavy rainfall and flooding. * Formation chance through 48 hours...high...80 percent. * Formation chance through 5 days...high...90 percent. $$ Forecaster Berg

Tags: north weather pacific eastern

 
 

Atlantic Tropical Weather Outlook

2021-06-24 07:11:12| National Hurricane Center (Atlantic)

863 ABNT20 KNHC 240511 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 200 AM EDT Thu Jun 24 2021 For the North Atlantic...Caribbean Sea and the Gulf of Mexico: Disorganized shower and thunderstorm activity continues to the east of a small area of low pressure located about 200 miles east of Barbados. Increasing upper-level winds are likely to prevent further development of this system during the next couple of days while it moves west-northwestward at about 10 mph. This disturbance could produce increased shower activity and some gusty winds when it moves across the Lesser Antilles on Friday. * Formation chance through 48 hours...low...10 percent. * Formation chance through 5 days...low...10 percent. A strong tropical wave is expected to emerge off the coast of Africa later today. Although ocean temperatures are still relatively cool over the tropical Atlantic Ocean and are only marginally conducive for development, a small tropical depression could form by early next week while moving westward to west-northwestward at about 15 mph across the tropical eastern and central Atlantic Ocean. * Formation chance through 48 hours...low...20 percent. * Formation chance through 5 days...medium...40 percent. $$ Forecaster Berg

Tags: weather atlantic outlook tropical

 

Atlantic Tropical Weather Outlook

2021-06-24 01:28:52| National Hurricane Center (Atlantic)

000 ABNT20 KNHC 232328 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 PM EDT Wed Jun 23 2021 For the North Atlantic...Caribbean Sea and the Gulf of Mexico: Shower and thunderstorm activity has increased a little bit during the past several hours to the east of a small area of low pressure located a couple of hundred miles east of Barbados. However, increasing upper-level winds are likely to prevent further development of this system while it moves west-northwestward at about 10 mph. This disturbance could produce increased shower activity and some gusty winds when it moves across the Lesser Antilles on Friday. * Formation chance through 48 hours...low...10 percent. * Formation chance through 5 days...low...10 percent. A strong tropical wave is expected to emerge off the coast of Africa overnight and on Thursday. Some development of this system is possible late this week and into early next week while it moves westward to west-northwestward at about 15 mph across the tropical eastern and central Atlantic Ocean, where ocean temperatures are only marginally conducive for tropical cyclone formation. * Formation chance through 48 hours...low...10 percent. * Formation chance through 5 days...low...30 percent. $$ Forecaster Berg

Tags: weather atlantic outlook tropical

 

Eastern North Pacific Tropical Weather Outlook

2021-06-24 01:26:20| National Hurricane Center (East Pacific)

000 ABPZ20 KNHC 232326 TWOEP Tropical Weather Outlook NWS National Hurricane Center Miami FL 500 PM PDT Wed Jun 23 2021 For the eastern North Pacific...east of 140 degrees west longitude: Showers and thunderstorms are gradually becoming better organized in association with a broad area of low pressure located a couple of hundred miles south of the coast of southern Mexico. Environmental conditions are conducive for further development, and a tropical depression is expected to form during the next couple of days while the disturbance moves west-northwestward at about 10 mph. This system is expected to be near the coast of southern or southwestern Mexico through the weekend, and interests in those areas should monitor its potential for development, as well as the threat of heavy rainfall and flooding. * Formation chance through 48 hours...high...80 percent. * Formation chance through 5 days...high...90 percent. $$ Forecaster Berg

Tags: north weather pacific eastern

 

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