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AccessMyLibrary    Browse    T    The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)    AUG-05    Katrina could have mass economic fallout.

Katrina could have mass economic fallout.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 30-AUG-05
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COPYRIGHT 2005 The Dallas Morning News

Byline: Angela Shah

Aug. 30--The economic tally of Hurricane Katrina has barely begun, but effects are bound to ripple across the country.

Home to as much as a quarter of oil and gas production in the United States, the Gulf Coast is also the site of five of the nation's dozen busiest ports. The region's refiners produce about 45 percent of U.S. gasoline.

The area's impact goes way beyond energy, too. The Port of South Louisiana alone handles 15 percent of all U.S. exports. In a just-in-time economy, those facilities are crucial nerve centers that tie the Mississippi River Delta to the world...

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More Articles from The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)
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