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Hurricane Threat to U.S. Gulf Oil and Gas Fades to Almost Zero

The hurricane threat to oil and gas development areas in the Gulf of Mexico is fading and may almost be over for the year, meteorologists said.

With the onset of the Northern Hemisphere’s autumn, weather patterns change, shielding the western Gulf of Mexico from storms forming in the Atlantic. More than 30 percent of U.S. oil and 10 percent of gas production are in the Gulf, most in the area from Mississippi to Texas.