RE:Hurricane Season Predictions. Big Loop Current.. Yes, I have a bad feeling about the fall season. Waters are warm. Back in the third week of July the Bermuda and Azorean highs merged. This drove the suppression of tropical wave development. Most oil investors may not be aware of this fact. Eventually that goes away and the waters are hot due to to this inactivity. Maybe the eye before the storm. My biggest worry is the supply chain is terrible and people will scramble for supplies.