Offshore Drillers Buckle Up As Tropical Storm Cristobal Approaches

Cristobal, the tropical storm that formed earlier this week, is gathering strength, threatening parts of Mexico and Central America with floods but has yet to reach the offshore platforms in the U.S. section of the Gulf of Mexico, if it reaches them at all. AccuWeather reports Cristobal was moving at a maximum sustained speed of 45 mph and after it was upgraded to a tropical storm it became a record-breaker: the earliest recorded third named storm system in the Atlantic during hurricane season. Meanwhile, oil companies active in the Gulf of Mexico…