Economics
Hurricane Season to Provide Little Gas Support: Energy Markets
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A below-average Atlantic storm season in 2012 probably will provide little support for energy prices as natural gas trades at 10-year lows.
Only four hurricanes are expected this year, according to researchers at Colorado State University who pioneered long-range Atlantic forecasting. In total, the storm season that runs from June 1 to Nov. 30 will produce 10 named systems, compared with 19 last year, they said in a report April 4.