FLORIDA: Katrina hit the southern tip of Florida on Thursday as a much weaker storm, then headed into the Gulf of Mexico and strengthened to a Category 5 Hurricane. Nine people died from the storm. About 515,000 customers in South Florida remained without power as of early Sunday. Initial estimates pegged the insured wind damage at $600 million to $2 billion.

LOUISIANA: New Orleans Mayor Ray Nagin ordered the entire city of 485,000 to evacuate. For those who couldn’t, the city opened 10 shelters, including the Superdome, and urged people to bring three- to five-days worth of supplies.

MISSISSIPPI: Gov. Haley Barbour declared a state of emergency Saturday. Residents all along the Mississippi Gulf Coast headed inland Sunday.

GULF OF MEXICO: Oil companies shut down 1 million barrels of refining capacity in the Gulf, but that amount could be far higher because not every producer reports data, said Peter Beutel, an oil analyst with Cameron Hanover.

Source: The Associated Press

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