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Isaac is not expected to grow beyond a Category 1 hurricane and that is easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be offline for a couple days. Depending on Isaac's severity, analysts say gas prices could go up by about 10 cents or so in the coming weeks. Transcript provided by NPR, Copyright National Public Radio.
In the 5 p.m. ET advisory, the Hurricane Center said Isaac remains a tropical storm with maximum sustained winds of 70 mph. Dry air, the center explains, keeps feeding into the storm keeping it from intensifying. The storm is predicted to make landfall near New Orleans as a category 2 hurricane with 100 mph winds.
While soon-to-be Hurricane Isaac isn't looking like another Katrina, the storm is expected to pick up steam as it heads toward a landfall, conjuring up powerful memories of the disaster seven years ago.
Mayor Mitch Landrieu declared a state of emergency for New Orleans on Sunday, warning residents to "think about how you will spend time without power or water."