NOAA: Hurricane Season Will Be Even Busier

By Published On: August 5, 2021Categories: Daily Market News & Insights

Yesterday, the National Oceanic and Atmospheric Administration (NOAA) released a statement noting the 2021 hurricane season would be even busier than previously thought. The agency raised the probability of an above-average season from 60% to 65%, while also increasing the total number of possible storms. According to officials, there is a chance we could see upwards of 21 hurricanes this season.

As we noted earlier this year, this season’s forecast shows even more hurricanes than last season’s forecast. Of course, last year saw hurricane activity far exceed expectations; Colorado State University forecasted 16 storms, but more than 30 storms materialized. With that in mind, it’s possible we could see yet another historic year during the 2021 hurricane season.

At the start of this year’s hurricane season, Elsa, which formed in the eastern Caribbean, was the first hurricane to be named. Interestingly, when storms start off the hurricane season by forming in the eastern Caribbean, there tend to be more total hurricanes.

With more expected hurricanes to come, the supply chain will surely be affected, amplifying driver and fuel shortages as a result of road conditions. Storm season reaches its peak in mid-September, so be watching the weather over the next few weeks for signs of hurricane activity.

This article is part of Daily Market News & Insights

Subscribe to our Daily Feed

Daily articles and insights from the fuel markets and natural gas space.


The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Stay on Top of the Fuel Markets

FUELSNews, your daily source of marketing information and insights

Subscribe to our publications and newsletters