Now...onto Hurricane Irene. Hurricane Warnings are now in effect from North Carolina all the way north into Massachusetts. The storm has weakened a bit over the past 24 hours, now down to a CAT 2 hurricane, with max winds at 100 mph. However, this is a huge hurricane, with hurricane force winds extending outward to 90 miles from the center, and tropical storm force winds out to a whopping 290 miles from the center.
This huge wind field means that some areas will be impacted by tropical storm force winds (39-73 mph) for anywhere from 15-22 hours! This also allows for the water to pile up under the center of the storm, making for a large storm surge. The latest info shows storm surge potential of 6-11 feet for coastal portions of NC, and 4-8 feet from Chesapeake Bay north through Cape Cod.
Even though this storm has weakened a bit, it is still going to prove to be a destructive and historic hurricane for the Mid-Atlantic and Northeast. With over 65 million people in the path of the storm, the economic impact will be rather large. In fact, on the economic front, around 20% of the U.S. GDP comes from the area in the path of Irene, and roughly 8% of the U.S. gasoline and diesel supply comes from refineries along the east coast....so get ready to shell out even more at the pump next time you fuel up.
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