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How Tropical Storm Bill Could Impact Oil Prices

Because about 17 percent of U.S. oil production is off shore, storms can equal price volatility.

Oil prices have rebounded from a three-day drop, but it's the start of storm season. Because about 17 percent of U.S. oil production is off shore, storms can equal price volatility. With a tropical storm already in the Gulf of Mexico, some oil companies have started evacuating rigs. Bloomberg discusses the impact of flooding and storms on oil prices.

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