Stormy weather ahead
Well, we might find out, according to an exclusive from The Oil Drum and Chuck Watson of KAC/UCF, also using a weather blog, where Margie Kieper writes:
An unusual event is happening over the next 48 hours, as the first tropical cyclone with hurricane-force winds, and major hurricane-force winds at that, is approaching the Gulf of Oman, to strike the eastern coast of Oman, curve northward, and make landfall on the coast of Iran. In the tropical cyclone best tracks and the modern era of weather satellites, there is no record of such an occurrence.
As the Oil Drum writer comments:
Why might [Cyclone] Gonu matter? Well, that answer begins with the fact that the world production of petroleum plateauing around 85 mbbl/day, any slight blip in supply or exporting could be quite noticeable on the world markets. A sizable portion of the world’s petroleum exports go through the Gulf of Oman.
Hmm … could global warming have something to do with it? Will global warming lead to higher oil prices and scarcer gasoline?