Hurricane Alex is nevertheless very threatening despite it veers from the gulf oil spill

Until Tuesday, Hurricane Alex probably won't become a hurricane. But for now, tropical storm Alex, the first named storm of hurricane season 2010, appears to be heading away from the oil spill in the Gulf of Mexico 2010. South Texas and northeastern Mexico has been given a hurricane warning. About 116 million gallons of crude have fouled the gulf, according to government estimates.

Source for this article: Hurricane Alex veers away from gulf oil spill but still threatens by Personal Money Store

Oil could be pushed onto shore by Hurricane Alex

A hurricane could hit in 48 hours is what the hurricane watch means. If the tropical storm conforms to all of the predicted forecasts and becomes Hurricane Alex, the storm’s center isn’t expected to approach the area of the oil spill off Louisiana’s coast. But Stacy Stewart, who is a senior hurricane specialist at the National Hurricane Center in Miami, told CNN that Alex’s outer wind field could push oil from the spill farther inland and hinder operations in the area. Its center is coming from the Yucatan peninsula and is headed for the Texas-Mexico border.

Hurricane Alec might very well threaten oil spill containment

Oil spill containment operations and all of the efforts to cap the gushing well would likely be suspended if Hurricane Alex approached the northeastern part of the Gulf. It was reported by ABC News that when Alex became the first named storm of hurricane season 2010 which started June 1, officials worried what effect it could have on efforts to contain the millions of gallons of crude spewing into the sea and washing up on beaches.

Hurricane Alex could change course

50 mph winds extend up to 70 miles from the storms center. Around 7 mph, it is moving north-northwest. As outlined by CNN, National Hurricane Center forecasters have not ruled out an easterly shift in Alex’s path. If Hurricane Alex were to change its present course, the oil spill cap positioned over the blown-out well that is capturing a lot of the crude would have to be taken out within the event of a hurricane. Ships drilling relief wells would have to suspend operations. On their present schedule, the relief wells, considered the best hope to stop the leak, are projected to be done by August.

Futures of crude oil are sensitive to storm track

As hurricane season 2010 settles in, an indication of how oil prices may be affected by coming storms emerged. As Hurricane Alex veers away from the oil spill within the Gulf of Mexico 2010, it was reported by the Wall Street Journal that crude oil futures Monday backed off from seven-week highs. Although the storm could make the affects of the oil spill worse, what matters more to the world is getting more of the oil production, and fears that the developing tropical storm would disrupt oil production eased a bit. As a result, prices for light sweet crude for August delivery fell 75 cents to $78.11 a barrel on the New York Mercantile Exchange.

Find more details here:

CNN

cnn.com/2010/WORLD/americas/06/28/tropical.storm.alex/index.html?npt=NP1

ABC News

abcnews.go.com/Business/wirestory?id=11033517&page=1

Wall Street Journal

online.wsj.com/article/BT-CO-20100628-706482.html