Worldwide

Hurricane Nate to make unwelcome Gulf Coast visit this weekend

Hurricane Nate to make unwelcome Gulf Coast visit this weekend”

The left side of a storm has weaker winds and less rainfall, along with no storm surge issues.

Hurricane and tropical storm warnings have been issued in three U.S. states as the storm barrels northward.

Nate sped up slightly and is now moving toward the north-northwest at approximately 10 miles per hour. The storm has triggered flood warnings in those areas, along with a hurricane watch in Mexico's Yucatan peninsula, from Punta Herrero to Rio Lagartos. This time, the storm is expected to be a Category 1 storm landing somewhere in the Louisiana area by Sunday. It will move toward the northern Gulf Coast this weekend.

Forecast cone from the National Hurricane Center as of 10 a.m. CT.

Crude oil prices fell in Asia oN Friday, but support could com as the U.S. National Hurricane Center says tropical storm Nate is on its way to becoming a full hurricane as it reaches the Gulf of Mexico with several offshore production sites already shut along with refineries.

"On the forecast track, the center of the depression should move across northeastern Nicaragua and eastern Honduras later today and then over the northwestern Caribbean Sea Thursday night and Friday", the NHC said. Strengthening is expected, and the storm may become a hurricane before it reaches the US coast.

Authorities placed the whole country on alert and warned of flooding and landslides. In neighbouring Nicaragua, two people died, and seven people were missing, Vice President Rosario Murillo told state media.

More news: LPL Financial Holdings Inc. (NASDAQ:LPLA) Achieve New Highs

At 1100 PM EDT (0300 UTC), the center of Tropical Storm Nate was located close to the coast of eastern Honduras near latitude 15.8 North, longitude 84.7 West. Nate is moving toward the northwest near 12 miles per hour (19 km/h).

The National Weather Service in Lake Charles said Nate has a long way to travel before its path is better known, and that it would likely cross the Yucatan Peninsula in Mexico before possibly heading north.

Rain will continue to fall through Friday night in parts of Nicaragua, Honduras, Costa Rica, Panama and Belize, forecasters said. Grand Isle, La., on a barrier island south of New Orleans, called for a voluntary evacuation.

One major pump that remained offline was located at the city's largest-capacity pump station in the Lakeview neighborhood; it serves a heavily populated swath along the city's western edge and a large section of neighboring Jefferson Parish.

The Bureau of Safety and Environmental Enforcement's New Orleans office said in a news release that as of midday Thursday, six production platforms, out of the 737 manned platforms in the Gulf, had been evacuated. "Anyone who's taken this storm lightly is making a serious mistake".

That path takes it through an area populated by offshore oil and natural gas platforms, which pump more than 1.6 million barrels of crude per day (bpd), about 17 percent of USA output, according to government data.



Like this

loading...
loading...

Latest


07 October 2017
Technical Scrutiny: Alexion Pharmaceuticals, Inc. (ALXN), Heat Biologics, Inc. (HTBX)
Russell Investments Group Ltd. boosted its stake in shares of Alexion Pharmaceuticals by 19.1% in the first quarter. On September 5 the stock rating was upgraded to "Overweight" from "Overweight" in a report issued by JP Morgan.

07 October 2017
Delphi Automotive Plc (DLPH) Shareholder Polaris Wealth Advisers LLC Upped Holding
It worsened, as 39 investors sold DLPH shares while 182 reduced holdings. 87 funds opened positions while 156 raised stakes. Analysts have placed a $106.57 price target on Delphi Automotive PLC , suggesting a 4.16% gain from recent close.

07 October 2017
Volcanic Eruptions Gave the Ancient Moon a Temporary Atmosphere
Studies of the lunar atmosphere have shown it to be a stable, low-density surface boundary exosphere for the last 3 billion years. The red planet actually has a relatively thin atmosphere, roughly 100 times less dense than Earth's.

07 October 2017
Dem Rep Announces She Won't Seek Reelection in New Hampshire Swing District
National Republicans said they already saw the district as one of their top pickup opportunities in the 2018 midterm cycle. A long list of Democrats could emerge as contenders for the seat, though Shea-Porter's retirement came as a surprise.

07 October 2017
Catalan parliament to meet on Monday, defying Spain
In some cases, police used batons and rubber bullets to evict people from the voting centres and confiscate the ballot boxes. Spain's central authorities have deemed the referendum illegal and a Constitutional Court suspended it.

07 October 2017
GM Shows Off New Fuel-Cell Truck Platform
The idea is to use it and reduce needed manpower in risky situations by using the platform's built-in autonomous driving systems. A rendering of the SURUS platform with solar panels and power generators to show the potential of flexible fuel cell solutions.

07 October 2017
Nickelodeon debuts trailer for much-anticipated 'Hey Arnold!' movie
Original voice actors of the two leads, Lane Toran and Jamil Walker Smith , will voice other characters in the movie instead. The majority of the original cast will be returning to voice the film.

07 October 2017
Technical Indicators Alerts: Northstar Realty Europe Corp. (NRE), CVS Health Corporation (CVS)
After $1.33 actual EPS reported by CVS Health Corp for the previous quarter, Wall Street now forecasts 12.03% EPS growth. Roberts sold 85,743 shares of CVS Health Corporation stock in a transaction that occurred on Monday, September 18th.

07 October 2017
Credit Suisse Group AG Reiterates Sell Rating for American Express Company (AXP)
Folger Nolan Fleming Douglas Mgmt holds 0.31% or 24,037 shares in its portfolio. 2,392 were accumulated by Cape Ann Retail Bank. Allen Investment Management Llc decreased American Express Co ( AXP ) stake by 92.48% reported in 2017Q2 SEC filing.

15 September 2017
ShangriLa is online casino with guarantee of won money pay outs
Shangri La proposes games for any taste A large selection of slot games allows anyone to choose a game for any discerning taste. This is the best place to spend your free time with pleasure, stress relief, relax and forget about the daily problems.