updated 8/23/2005 11:19:26 AM ET 2005-08-23T15:19:26

Jose, the 10th tropical storm of the Atlantic season, started falling apart Tuesday over the mountains of central Mexico, less than a day after it gained enough strength to earn its name.

The storm did little damage, though it did add to pressure on oil prices since many of Mexico's oil wells are in the area.

Jose grew to tropical storm strength Monday afternoon in the southwestern Gulf of Mexico, and made landfall early Tuesday northwest of Veracruz, Mexico, with a sustained wind speed of 50 mph, the National Hurricane Center said.

The Mexican government had issued tropical storm warnings from Veracruz south to Punta El Lagarto.

By 11 a.m. ET, the storm had weakened to a tropical depression, with sustained wind down to 30 mph, and was expected to continue rapidly weakening, the hurricane center said.

It was centered about 70 mph east-northeast of Mexico City and was moving toward the west at about 9 mph.

In an average year, only a few tropical storms develop by this time in the Atlantic, Caribbean and Gulf of Mexico. The Atlantic hurricane season began June 1 and ends Nov. 30.

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