Hurricane Katrina - CNN (Situation Room & Lou Dobbs) - 2005-08-31

Name: Hurricane Katrina - CNN (Situation Room & Lou Dobbs) - 2005-08-31
Uploaded: 2025-12-17
Duration: 10799 s
Channel: malgent
Description: Read a transcript preview of “Hurricane Katrina - CNN (Situation Room & Lou Dobbs) - 2005-08-31” from malgent, uploaded on 2025-12-17.

Channel: malgent

Uploaded: 2025-12-17

Duration: PT10799S

Read a transcript preview of “Hurricane Katrina - CNN (Situation Room & Lou Dobbs) - 2005-08-31” from malgent, uploaded on 2025-12-17.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:06] You couldn't even access it. The roads

[0:08] had just gone completely underwater. Uh

[0:11] that is the port that has to be open in

[0:13] order for uh for oil production to get

[0:16] back into gear. Let's take a look at the

[0:18] closing market. Uh the closing market

[0:19] numbers right now. The Dow on the left

[0:21] of your screen up 69 points. That's

[0:22] because oil prices have come down.

[0:24] 10,482

[0:26] is the number right now. NASDAQ is up

[0:28] even higher, 21 points, 2,151.

[0:32] That's a gain of about a percent. Uh we

[0:34] got yeah, probably about half an hour

[0:35] before these numbers all settle down,

[0:37] but that's what it's looking like. A

[0:38] good day on the stock markets because

[0:40] the price of oil has come down a little

[0:41] bit. Wolf.

[0:42] >> All right. Uh thanks very much, Ally.

[0:43] We'll be checking back with you. Uh

[0:45] we're watching all of this situation

[0:47] unfold of epic proportions and it's

[0:50] happening now. The Gulf Coast worst

[0:52] nightmare keeps getting even worse if

[0:55] you can believe it. You're in the

[0:56] situation room where news and

[0:57] information from the hurricane disaster

[0:59] zone, they're coming in all at once.

[1:02] We're watching several stories. It's 300

[1:05] p.m. Central time in New Orleans where

[1:07] tensions have been rising along with the

[1:09] floodwaters. It's now a frantic race

[1:12] against time to evacuate literally tens

[1:15] of thousands of people, maybe hundreds

[1:17] of thousands of people, and they're

[1:19] desperately trying to plug leaking

[1:21] levies. The terrible toll in Mississippi

[1:24] underway as well. We're getting a

[1:26] clearer picture right now of the death

[1:27] and despair in that state. We expect a

[1:30] live upda