exact predictions -- projections so far but estimates are cleanup could cost as much as $40 billio n. the billlikely to fall short of hurricane katrina. that storm destroyed large parts of new orleans and caused more than $100 billion in damage. vonnie: sophie, just how are refineries coping in the u.s. right now? sophie: a part of the country that accounts for america's -- we agree this means demand should exceed supply. but it doesn't work like that. at least not now. oil prices have been falling monday because demand -- will refinery plants in houston were shutting down because of the storm. they normally have the capacity to refine about 2 million barrels of oil a day. of the refineries and other countries are taking over. vonnie: there are other things on the plate. tax reform is going on the road. so far the president has it a lot of stumbling blocks. tell us more. sophie: there's just not any plan to sell as basic questions remain unanswered. will changes be permanent? what rate will corporations and up paying? -- end up paying? instead of giving details, the president gives lecture aft