Hurricanes
The rebuilding of homes destroyed by Hurricane Katrina offers a crucial opportunity to incorporate energy efficiency criteria into the reconstruction process, as demonstrated by an analysis released by ICF Consulting. The study compared the impacts of different energy efficiency standards on 310,000 destroyed homes in the Gulf Coast region,
Hurricanes
Rosa Luisa Tapia, a grandmother of seven from the poor area of Tres Reyes on the outskirts of Cancun, is worried about the upcoming high tourist season after hurricane Wilma devastated the city. "We have no houses, yes, yes. But if we have no work, we will have no
Hurricanes
Rebuilding efforts in the Gulf Coast region have become a bonanza for home improvement retailers, with Home Depot Inc. and Lowe's Cos. selling billions of dollars' worth of lumber, sheetrock, and other supplies. The catastrophe has created a huge business opportunity, prompting the companies to increase their
Hurricanes
MCI, a leading global communications provider, has been recognized by the Federal Aviation Administration (FAA) for its efforts in restoring network services following Hurricane Katrina. The FAA honored MCI for outstanding service in restoring its Leased Interfacility National Air Space Communications System (LINCS) and its FAA Telecommunications Satellite System (FAATSAT)
Hurricane Katrina, 2005
Oil giant BP has announced a significant hit to its third-quarter profit due to the damage caused by Hurricanes Katrina and Rita. The storms have resulted in a loss of $700 million, indicating a larger impact on oil production than initially estimated. BP's production fell by 145,000
Hurricane Katrina, 2005
Tetra Technologies, Inc. is a specialized service company that has benefited from rising oil and gas exploration, handling well abandonment, removing oil rig platforms and offshore pipelines, and selling drilling fluids to boost output. Despite being prone to cyclical results, the company has reported annual sales growth in seven of
Hurricane Rita, 2005
As Hurricane Rita made landfall on the Gulf Coast, it brought about $60 billion in damage, making it one of the 10 costliest storms ever. The hurricane struck less heavily populated areas than Hurricane Katrina, but its impact on the energy industry was still significant, leading to shortages of gasoline
Hurricane Rita, 2005
The chemical industry narrowly escaped immediate damage from Hurricanes Katrina and Rita, but it faces a more formidable challenge in the form of high natural gas prices, which have been soaring since 2001. As a result, prices for chemicals and products made from them are likely to increase, affecting consumers
Hurricanes
Hurricane Rita is forecast to collide with the Texas coastline, threatening to exacerbate an already strained claims-adjusting system in the wake of Hurricane Katrina. Insurers are bracing for the impact, with thousands of adjusters deployed across the Gulf Coast region, while catastrophe modelers warn of up to $740 billion in
Hurricanes
As Hurricane Rita threatens the Gulf Coast, thousands of evacuees from Hurricane Katrina are once again on the move, this time from Texas to Arkansas, Tennessee, and Nebraska. The National Hurricane Center forecasts Rita to reach Category 4 by tomorrow afternoon, prompting storm preparations along the coast. In New Orleans,
Hurricane Katrina, 2005
In the wake of Hurricane Katrina, the Federal Communications Commission (FCC) has outlined a comprehensive plan to provide relief to affected areas and bolster its emergency preparedness and response capabilities. FCC Chairman Kevin J. Martin has proposed the allocation of approximately $211 million in special Universal Service Fund (USF) grants,
Hurricane Katrina, 2005
Three weeks after Hurricane Katrina struck New Orleans, federal and local officials are at odds over when residents should return to the storm-ravaged city. Evacuees are receiving conflicting advice from New Orleans Mayor Ray Nagin and Coast Guard Vice Adm. Thad Allen, the federal official heading the city's
