Volunteers to assist with Recovery Efforts in at least 50 counties across texas. Safehouses. As the water starts to receipt, recede, this is where rs need to volunteer. To get people act in their homes the very baseline level. And sustained them there. The administrators is the number of people seeking shelter will continue to grow and the work will continue for two years. The Texas Governor says catastrophic rains have moved east from the houston area, to the region around beaumont, texas. He warns that the worst is not yet over for the southeastern part of the state. Governor abbott added 14 more counties are now under a federal declaration. He says the number of National Guard troops aiding in the disaster has it been increased from 12,000 to 14,000. Sunshine is in the forecast for the houston area today, but the worst is far from over. Straight days of rain brought more than 50 inches of water to the area, at least 20 people have died, 15,000 have been rescued come and 70,000 are s
The hang hishanghai slightly lo. In europe, green arrows across the board. The dak x is up by 0. 4 . The cac up by 0. 3 the ftse up by 0. 2 . The dollar, which has been under so much pressure, you look and you see today the dollar sup against the euro, back below 1. 20 this morning it looks like the dollar yen is at 109. 89. Check out crude oil and gasoline prices, crude Oil Yesterday at a onemonth low. Its down once again this morning at 46. 18 rbob gasoline up nearly 6 yoed yesterday to a twoyear high of 1. 82 sits at 1. 83 this morning as we quont to watch the reficontinuec those refineries shut in with the additional rainfall. Gas prices at the pump could go up to 2. 60, 2. 70 we were thinking 4 dollars was the norm even after this, its amazing that were in a different kind of and can you believe that people that supposedly know what theyre talking about said crude would go down and gasoline would go up because youre not refining as much you get a glut of crude . A scarcity they we
Good afternoon. Stocks steady despite jobs and gdp data financials and tech the best performers and telecom and energy the biggest laggards. Bob evans farms soaring, beating Sales Estimates and raising outlook and chicos taking a hit. Comp store sales also missing the mark. Lets get you caught up on latest headlines on har vixt the governmentrun u. S. Flood Insurance Program now says it has already received 35,000 claims, as of noon today and as of midnight, dumped 21 trillion gallons of rain, and its enough to fill half of lake tahoe. And the storm is hitting louisiana now. The state bracing for tornadoes and flooding weve got you covered. Lets go to Team Coverage on the ground in texas. Brian sullivan live in pasadena with the latest on the refineries Contessa Brewer still in houston where businesses are continuing to get back to business. Lets start with you. All right, sara, thank you very much. We want to look at these refineries and show them to you. Right along the buffalo bayou
Were waiting on the president. This as rescue efforts underway amid texas officials saying situation in port arthur is dire. As floodwaters rise and nations Largest Oil Refinery is forced to shut down. Several refineries are running on reduced capacity or knocked completely offline by devastating rain. Causing gas prices to surge on concerns of a nationwide fuel shortage. You have thousands of people rid now that are still stuck in these shelters. The expectation as things will get worse before they get better. So thousands of people now, out of their homes without their belongs, the destruction said to be worst weve ever seen in terms of national disasters. Major destruction. We hope as many people that can be safe are indeed. I want to go straight to Hillary Vaughn who is actually in port arthur, with more on the refinery issue and challenges that people are now facing there as they, they try an figure out the next couple days. Reporter trish, according to our count 12 refineries acr
Away, population is 10,000, right now, it is cut off. Lone star state sharing in harveys misery, storm focusing energy to gulf communities around beaumont, near where it made landfall overnight, port arthur mayor said that the entire stathe encity surge wate. Is underwater. They were in water for up to 24 hours, tensions were at a high level when i came into the familiar from relatives and volunteers who came to try to tick them out. Reporter family members posting on social media, photos with looking for help. Across east texas, touching acts of kindness and bravery, these men, trapped for hours in trees, and this human chain to help a pregnant welcom woman who weo labor get to the hospital. And 24,000 National Guard forces will be on the ground in texas. Around houston, a sight for soggy eye, with the sun rising, fors say all of area waterways have crested, but search and rescue operations remain. Were still much in the Emergency Response phase. Of this historic storm. Reporter 21 pe