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Tropical Storm Barry Could Form in Gulf of Mexico and Rattle Markets

  • Storm will track westward through oil, natural gas fields
  • Heavy rain forecast for eastern Texas, including Houston
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Tropical Storm Barry Churns Toward Louisiana
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A tropical storm may loom in the Gulf of Mexico late Wednesday or early on July 11 as a low pressure system moves off Georgia into warm waters, gaining strength and threatening offshore oil and natural gas production.

The patch of low pressure moved into the Gulf near Apalachee Bay off Florida and has a 70% chance of organizing into a depression or escalating into Tropical Storm Barry in 48 hours, according to the National Hurricane Center in Miami. Regardless of how strong its winds get, the system will bring heavy rain across the Gulf states.