The 2010 Atlantic Hurricane Season is predicted to pose an above normal threat to the Gulf and East Coast. Accuweather forecasts 16 to 18 named storms forming in the Atlantic with five becoming hurricanes. "This year has a chance to be an extreme season," said Joe Bastardi, chief long-range and hurricane forecaster. This prediction follows above average predictions by Colorado State University, WSI Inc. and Commodity Weather Group.
27% of U.S. oil and 15% of U.S. natural gas production is located in the Gulf of Mexico.
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