Gustav is near Morgan City, Louisiana.. Levees overtopped in New Orleans--but not breached.. Roads flooded.. Grand Isle hit hard.. Various tornado warnings from Florida panhandle though Louisiana.. Fears for East Texas, as storm may stall out.. New hurricane threatens Mid-Atlantic late this week: Hanna.. NWS carefully studying system in Atlantic forming.. would be Ike.. Oil prices fall as Gustav weakens..

Labels: Breaking news, Gustav, Hanna, hurricanes, Ike, Storms, Weather