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Jun 1, 2005

OIL BUSINESS - USA - Recall Ivan as Storm Season Begins

HOUSTON,TX,USA -planetark.com/REUTERS - June 1, 2005: -- Domestic oil production will grow more vulnerable to major hurricanes as it depends on fewer pipelines connecting the US Gulf of Mexico deepwater to the mainland, observers said on Tuesday, the eve of the 2005 Atlantic basin storm season... Hurricane forecaster William Gray on Tuesday predicted a 44 percent likelihood of a major storm hitting the Gulf Coast, compared to a long-term average of 30 percent...

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