Harvey Makes Second Landfall on Battered Gulf Coastline

  • Disaster models may need to adjust to deliberate flooding
  • Harvey’s position has been the worst possible for Houston

Harvey’s Reach Beyond Texas and Louisiana

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On Tuesday morning, disaster analyst Chuck Watson pegged $42 billion as a reasonable estimate for the cost of destruction Tropical Storm Harvey would leave in its wake. By dawn Wednesday, he had raised that to as much as $75 billion.

Harvey’s initial blast along the Texas coast as a Category 4 hurricane was bad enough, sending gasoline prices surging and crude futures plunging as refineries shut. Now the storm has returned, making landfall a second time in Louisiana, which was devastated by Hurricane Katrina in 2005.