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Mississippi's Recovery, Fast and Steadfast

By: Joe Fitzgerald

The world watched in shock and horror as the images poured in documenting the death and mass destruction caused by Hurricane Katrina. The hard work and sacrifices of past and current generations seemed to be destroyed in the blink of an eye along with the hopes and dreams of residents caught up in the devastating storm.

It took some time to assess the true extent of the damage from Hurricane Katrina and then there was one question that demanded an answer. People wondered whether or not places like Mississippi could ever possibly recover. Still others questioned the wisdom of rebuilding places prone to hurricanes, like New Orleans, again.

But, it is certainly not in the character of the people of United States and especially those of the state of Mississippi to give up so easily. The fact that it will take a few years to recover from the damage is the last thing that will daunt the residents of Mississippi. However, the need for recovering and rebuilding is imperative from a more practical point of view, as Mississippi holds a large sway in the economic health of not only the region but of the United States as a whole.

The Mississippi river is the main inland waterway ferrying millions of tons of goods and products, making its gatekeeper, the state of Mississippi, an important center of economic activity not only for the region but for the entire country. The river serves as a conduit for millions of tons of products that are transported up river every year. It appears that the hurricane may have temporarily damaged this important mode of transportation thus bringing to halt a fair portion of the local and national economy.

Next to the use of the river itself as a transportation route for large volumes of products, Mississippi is also very important to the nation's energy production. Having several refineries in the state that are responsible for converting crude oil into gasoline, diesel and other petroleum products, Hurricane Katrina's destruction not only impaired the local Mississippi economy, but it also did some major damage to the nation as a whole.

In the immediate aftermath of the hurricane, energy prices shot up due to the severe disruption to refining capacity at the time when the nation was struggling to cope with the devastation. Almost 25 percent of the nation's petroleum comes from the Gulf Coast states and Mississippi is vital to that industry. In fact, 80% of Mississippi's total mineral production comes from petroleum and its products.

The offshore fishing industry in Mississippi also suffered due to the hurricane. Biloxi is a major hub for the shrimp industry and it was virtually wiped out by Katrina.

Given the economic importance of the region, the amount of money being invested in rebuilding the Gulf Coast states, like Mississippi, is huge. This will ensure that the region is sure to not just recover its original glory but attain a stronger place in the economy in the years to come.

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