El Nino/ La Nina
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The most recent SST for region 3.4 is 2.7. The highest reading in 1998 was the week of 11/26 when a level of 2.8 was achieved. With three weeks to go it looks like the 2015 event will be the largest in recorded history.
One thing for sure - El Nino will collapse in February and by July we will be in La Nina conditions. Nine months from now we will be worried about an above normal hurricane season. The 1998 hurricane season was a beast. The NOAA recap - something to not look forward to:
1998 Seasonal Highlights
It was the deadliest in over 200 years (11,000 deaths in Central America, Source: Wire Services)
A total of 14 tropical systems (named storms) developed during the 1998 Atlantic Hurricane Season.
Mitch was the fourth most intense hurricane ever observed in the Atlantic basin, and the strongest ever observed in the month of October.
In a remarkable span of 35 days, starting on Aug. 19 and ending on Sept. 23, 10 named tropical cyclones formed. That's about a whole season's worth of activity crammed into a month. Four of them made landfall in the United States. In addition, Jeanne and Karl affected the Cape Verde Islands and Bermuda respectively, while three others passed near or over the Azores.
On 25th of September there were four hurricanes -- Georges, Ivan, Jeanne and Karl -- in progress at the same time. This is the first time such an event occurred this century.