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Officials this time around they say they are getting ready. >> we have issued a state declaration of emergency for the storm. >> it's really important that we as a region stay together and stay focused and now is a time to get what we call in battle rhythm. >> it's always been serious business for those on the gulf coast states like louisiana. gabe gutierrez joins me from new orleans. what are officials doing this time around, especially to make sure that people are fully informed and know the path of the storm? >> good morning, thomas. the mayor here is urging people not to panic, but to be p...

40% more was paid in sales and ecise taxes basically to government -ts around the world than what the oil companies earned in after tax profits, jenna. jenna: just so we have this straight, they do get a tax break these companies, but they also pay a lot in taxes as well. >> yeah, that's right. they get the same tax breaks that manufacturing companies get, threw the president is moving to yank those tax breaks for just oil and gas companies, and his 2013 federal budget asks for an additional $85 billion in tax hikes for oil and gas companies. when you talk to the companies themselves. i just g...

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