Tropical Storm Francine May Hit Louisiana Energy Complex As Category 2 Hurricane

09-09-2024 • Zero Hedge

Update (1823ET):

The National Hurricane Center expects Tropical Storm Francine to strengthen overnight into Tuesday. The storm could intensify into a Category 2 hurricane and make landfall on Wednesday evening in Central Louisiana.

Bloomberg data shows that dozens of offshore oil platforms and inland refineries are in the storm's cone of uncertainty ahead of landfall.

On current forecast #Francine should only cause transient disruption to #oilandgas production in the Gulf and refineries; ExxonMobil Baton Rouge Refinery is in the swath but if nothing breaks that shouldn't (and the forecast is right!) should be short term impact as well ... pic.twitter.com/x9p1N3DGf6
— Enki Research (@EnkiResearch) September 9, 2024