On Thursday morning, Tropical Storm Eta made landfall over North Florida and has become the 12th named storm to make landfall out of a record-breaking year of 29 named storms. Eta Making Landfall Over North Florida An unprecedented amount of tropical systems have swirled around the Atlantic Basin this year, breaking the 2005 record of 28. The above-average tropical activity has decimated the oil and gas industry with offshore operations in the Gulf of Mexico. According to Bloomberg , some 41 million barrels were pulled offline because offshore oil and gas rigs were shuttered due to tropical activity. “Between tropical storm Cristobal in early June and the latest Greek alphabet soup of tempests disrupting oil platforms in the Gulf, offshore drillers have had to shut about 41 million barrels of production, the most in government data going back to 2010.” Gulf of Mexico production cuts equates to about 270k […]