Part of the problem was the nature of the flood. 2, as he left for a tour of the Gulf Coast region, that the early response was not acceptable. Ray Nagin, lashed out at the lack of federal help in a local radio interview. Oil wasnt the only part of the economy affected a Congressional Budget Office report said the nation stood to lose 400,000 jobs as a result of the storm, The New York Times reported.Īfter waiting several days for food to be delivered to those left in New Orleans, the citys mayor, C. Meanwhile, the International Energy Agency said it would release 2 million barrels of oil a day for 30 days to relieve the crisis. President Bush urged Americans not to buy gas if they didnt need it. Gasoline prices were rising before Katrina hit, but the storm caused prices to spike around the country, surpassing $3 per gallon and pushing the United States “closer to a 1970s-style energy crisis,” The Wall Street Journal said. Storm rips into nation’s oil supply, job market. New Orleans major newspaper, The Times-Picayune, hosted an online bulletin board where flood survivors could post messages in search of missing loved ones. Other refugees were marooned on Interstate 10, CNN reported. Throughout the city, conditions deteriorated rapidly looting was reported, and some people died as a result of lack of food or medical care. Others took refuge in local hospitals, in a city convention center and in the Louisiana Superdome, where about 25,000 were temporarily housed. Media reports showed people being rescued from rooftops after cutting holes in their roofs to escape. Rescue crews from local, state and federal authorities floated and flew through neighborhoods of the city, searching for stranded residents. The storm damage extended to coastal areas near Biloxi and Gulfport, Miss., and Mobile, Ala.įlood slows emergency response in New Orleans. While many people evacuated, media reports showed that tens of thousands of residents, many of them poor, did not or could not. 29 and overwhelmed the levees in New Orleans, causing floods and, local authorities estimated, unspecified hundreds of deaths and hundreds of thousands of refugees. Katrina, a category 4 hurricane, slammed into the Louisiana coast Aug.
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