Hurricane Francine Rakes Louisiana With Dangerous Winds

Hurricane Francine’s winds are raking the coast of Louisiana, where the storm is forecast to come ashore in hours with a dangerous storm surge and flooding rains.

Bloomberg
Published12 Sep 2024, 12:07 AM IST
Hurricane Francine Rakes Louisiana With Dangerous Winds
Hurricane Francine Rakes Louisiana With Dangerous Winds

(Bloomberg) -- Hurricane Francine’s winds are raking the coast of Louisiana, where the storm is forecast to come ashore in hours with a dangerous storm surge and flooding rains. 

Francine is a Category 1 hurricane with top winds holding steady at 90 miles (145 kilometers) per hour, the US National Hurricane Center said in an advisory at 1 p.m. local time. It’s heading for a marshy stretch of coastline about 70 miles west of New Orleans, and is on track to menace six Gulf Coast refineries and 22 ports, according to Bloomberg calculations.

“It will make landfall kind of in the no man’s land of Louisiana,” said Adam Douty, a meteorologist with AccuWeather Inc. 

Wind gusts in New Orleans could reach 60 mph. The storm has grounded 235 flights in Houston, New Orleans and Baton Rouge, according to FlightAware, an airline tracker. 

Oil and gas companies have evacuated some offshore platforms in the Gulf of Mexico. While the storm is not forecast to make a direct hit on any of the region’s major natural gas export plants, gas feeding into Sempra’s Cameron terminal has declined ahead of Francine. 

Francine will the third hurricane to strike the mainland US in 2024, making this the ninth year since 1900 that has happened by Sept. 11, Phil Klotzbach, a hurricane researcher at Colorado State University said in an X post. 

Francine is set to pummel the region with heavy rains, creating the risk for flash and urban flooding, the hurricane center said. Storm surge in some areas could reach 10 feet (3 meters). 

After making landfall, the storm is forecast to move across Mississippi on Thursday and head north toward Memphis. While there may be some flooding, the rains will bring some relief to the Mississippi River, where low water levels have threatened to roil shipments of everything from corn to gasoline. But rains will make field work harder, delaying harvests and reducing grain quality. 

Francine will likely cause between $2 billion and $3 billion in damages and losses, said Chuck Watson, a disaster modeler with Enki Research. Francine will be the third hurricane to hit the US mainland this year. 

The hurricane center is tracking three other disturbances in the central Atlantic Ocean that have potential to become tropical storms. One of the systems has been upgraded to a tropical depression and will likely be named Tropical Storm Gordon overnight. It’s currently more than 300 miles west of the Cabo Verde Islands off the coast of Africa.

--With assistance from Robert Tuttle.

(Updates energy threats in second paragraph.)

More stories like this are available on bloomberg.com

©2024 Bloomberg L.P.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:12 Sep 2024, 12:07 AM IST
Business NewsNewsHurricane Francine Rakes Louisiana With Dangerous Winds

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Axis Bank share price

    1,181.30
    03:29 PM | 4 OCT 2024
    5.85 (0.5%)

    Tata Steel share price

    166.75
    03:56 PM | 4 OCT 2024
    -0.2 (-0.12%)

    Oil & Natural Gas Corporation share price

    295.20
    03:58 PM | 4 OCT 2024
    3.1 (1.06%)

    Tata Motors share price

    930.70
    03:56 PM | 4 OCT 2024
    4.7 (0.51%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Mahindra & Mahindra Financial share price

    301.65
    03:29 PM | 4 OCT 2024
    -20.5 (-6.36%)

    Kfin Technologies share price

    1,015.00
    03:29 PM | 4 OCT 2024
    -63.85 (-5.92%)

    Godrej Properties share price

    2,897.70
    03:57 PM | 4 OCT 2024
    -170.55 (-5.56%)

    Adani Energy Solutions share price

    963.45
    03:58 PM | 4 OCT 2024
    -52.75 (-5.19%)
    More from Top Losers

    VIP Industries share price

    563.85
    03:57 PM | 4 OCT 2024
    40.8 (7.8%)

    Oil India share price

    572.25
    03:59 PM | 4 OCT 2024
    33.4 (6.2%)

    JK Paper share price

    489.95
    03:43 PM | 4 OCT 2024
    27.1 (5.86%)

    Home First Finance Company India share price

    1,245.35
    03:40 PM | 4 OCT 2024
    63.15 (5.34%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,695.00120.00
      Chennai
      77,701.00120.00
      Delhi
      77,853.00120.00
      Kolkata
      77,705.00120.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.85/L-0.03
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts