(Bloomberg) — Storm Nicholas is lashing the U.S. Gulf Coast with torrential rain that could last for days, knocking out power, unleashing floods and dealing another blow to the energy industry just two weeks after Hurricane Ida. The storm, now classified as a tropical depression, is moving across the southeastern edge of Texas and into Louisiana, with maximum sustained winds of 30 miles (45 kilometers) per hour, the National Hurricane Center said in its most recent public advisory Wednesday (Sep. 15) morning. It is expected to pose a danger as it drags across the region before dissipating Thursday night or Friday local time. "Essentially, it is a very slow crawl to the east-northeast, and given that it is going so slow, life-threatening flash flooding could occur over the northern Gulf Coast for the next couple of days," said Lara Pagano, a senior branch forecaster at the U.S. Weather Prediction Center. "We just have multiple rounds of heavy rains that will be moving through the area." Nicholas made landfall in Texas early Tuesday (Sep. 14) morning southwest of Houston and is the eighth tropical cyclone to hit the U.S. this year. It's battering a region that was already reeling from Ida, with about 40% of Gulf of Mexico oil production still shut-in following that storm, according to the latest update on Tuesday, Sep. 14. The largest pipeline in North America has restarted shipments of fuel from Texas to the East Coast, though its diesel twin was still down after winds knocked out power to almost half a million homes and businesses. The blackouts also crippled operations at a natural gas export terminal about 70 miles south of Houston. The storm is expected to bring an additional three to six inches of rain across the central Gulf Coast through Friday, Sep. 17, with as much as 10 inches possible in some areas, according to the National Hurricane Center. "Life-threatening flash flooding impacts, especially in urban areas," is possible, it said. Nicholas is soaking the region as climate change increases the intensity of disasters, from storms and hurricanes to wildfires. At least 80 people were killed after Ida hit coastal Louisiana and headed northeast earlier this month, and wildfires have burned large swaths of the U.S. West this year. |

Texas blackouts

Almost 117,000 homes and businesses were without power Wednesday morning in Texas — mostly in Houston and nearby counties — down from a high of 520,000, according to PowerOutage.US, which tracks utility outages. The blackouts forced Colonial Pipeline Co. early Tuesday to temporarily shut two pipelines, both of which are critical fuel conduits from the U.S. Gulf Coast to the Northeast. Freeport LNG said all three production units at its liquefied natural gas export terminal near Houston were down, likely due to an electricity disruption. While Nicholas mostly bypassed the Gulf of Mexico's oil and natural gas platforms, torrential rains pose a threat to coastal refineries and petrochemical facilities. U.S. benchmark oil futures were trading higher as of Wednesday morning. Nicholas is the Atlantic's 14th storm in 2021. Half of the storms so far have hit the U.S., and Ida was the season's worst, crashing into the Louisiana coastline before devastating New York with rain and floods. On Monday, Sep. 13, AIR Worldwide updated its projected losses from Ida, saying the storm probably caused $20 billion to $30 billion in insured losses. Earlier estimates were around $18 billion. An average Atlantic season produces 14 storms by the time it ends in November, so 2021 is ahead of pace. — With assistance from Sheela Tobben, Yueqi Yang, Sergio Chapa, Lars Paulsson and Will Wade. Related: |

• After Hurricane Ida — what happens now?
• How Ida will impact homeowners, business policies
• Four tips for navigating the 2021 hurricane season

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