UPDATE: Tropical Depression Dissipates over Gulf Of Mexico - NHC

(Dow Jones Newswires), Aug. 12, 2010

A tropical depression has dissipated over the northern Gulf of Mexico, the U.S. National Hurricane Center reported Wednesday on its website.

The remnants of Tropical Depression Five could still produce heavy rains and wind gusts in some areas, but the chance of it becoming a tropical cyclone is "near zero," the center said.

The center had earlier discontinued tropical storm warnings for parts of the Gulf Coast, including New Orleans.

Copyright (c) 2010 Dow Jones & Company, Inc.