one we have record high inventories said cushing oklahoma where w.t. grant stated and that has been exacerbated by a keystone pipeline that was built to transport the oil sands crude from canada into the gulf of mexico the portion of the pipeline that has been built goes all the way down to cushing oklahoma city. so all that oil is getting stuck there and it's increasing inventories where the portion that is going to connect cushing to the gulf of mexico will not be finished until twenty thirteen and with low the mine for oil that just exacerbates the situation coupled with that in the u.k. in the north sea we've had a lot of operational problems a lot of fields have been shut down and the fields are in decline so that exacerbates the situation so we have a physical situation that it's distorting the spread with that you have on the rest in the middle east and brant is actually the crude price to which north african crudes are in that store that's the reason why you're going to see more volatility and in the brant price which is more susceptible. cause

robeson shift it was promised to taper cush promise. to. brighten. soon from fans to impressions. means friends totty dot com. frustration with governments reaches a boiling point across the middle east and north africa protesters push for change at the same time egyptians are starting to question their own rest of. the u.s. military is fighting tooth and nail to hold on to its multi-billion dollar budget claiming cuts will cost lives some say americans are already in the deep end with many on the edge of poverty. economic woes and political turmoil kosova battles of tarnished image on its third anniversary since declaring independence from said. and russia's my. it's the first day session in the red beret probably united states the my six is down by eight percent the r.t.s. point three percent this is as jobless claims and consumer prices are growing worse than expected more than twenty minutes. live from our studios here in central moscow this is r.t. with you twenty four hours a day good to have you with us this hour inspired by the toppling of autocratic leaders in egypt and t

clearing collection ramada plaza the amman maidens photons pagosa medicine shift it was promised to taper cushromise. middle east fire protesters in libya burned government buildings amidst reports the country's leader has fled experts and politicians blame western involvement for stoking the violent unrest in the region. writing past wrongs washington jews want compensation for what they lost during world war two and claim their governments turning a blind eye to the crimes of the nazis who are considered a liberating force in the country's official history. and the u.s. is facing an increasing population of out of work graduates as the struggling economy fell by employment. law from our studios in central moscow you're watching archie with me and he said no way thanks for being with us it's six pm here in the russian capital five pm in tripoli libya where dozens of people have been reported killed in the capital overnight as violence continues to spread across the country key administrative buildings have been set on fire with thousands of anti-government activists still on the streets calli

robeson shift he was conscious the taper cush comments.

we have record high inventory said cushing oklahoma we're w.t.r. . it coupled with that in the u.k. in the north sea we've had a lot of operational problems a lot of fields have been shut down and the fields are in decline with that you have on rest in the middle east and brant is actually the crude price to which north african crudes are indic coupled with that what you have is that traders have seen the differential and they know that it's usually temporary so what they do with they sell the spreads they buy. and sell brant now the situation works when we traverse says you make money but as long as it doesn't reverse you're actually losing money so a lot of traders are holding on to what you might call paper barrels of oil as the spread widens they buy more spread bets so until the situation starts reversing itself you're going to have higher storage of oil in the u.s. you're going to have all these paper barrels that are in limbo and the threat of these rupture and to oil supplies in europe and asia due to problems in the middle east will keep this differential going. christine t

ramona plaza the maidens hotel the leela pagosa louis de pretis and shift it was promised to taper cush promise. middle east on fire protesters in libya burnt government buildings limits for ports the country's leader plan experts and politicians blame western involvement stoking gulf islands on last. writing past songs last into this one compensation for what they lost on cold war two and claim their god. turning a blind eye to the crimes of the nazis who are considered a liberating force in the country's official history. and the u.s. is facing an increasing population of out of work graduates as the struggling economy fails to provide employment. and here in business russian equity markets post gains as oil continues to rise due to political upheaval in the middle east more on that and other stories of business. it's five pm in moscow this is coming to you live first up this hour dozens of people have been reported killed in the libyan capital tripoli overnight as violence continues to spread across the country key administrative buildings have been set on fire with thousands of anti

in favor of a split from the north much speculation of the territories name among suggestions were cush and the republic separation is hope to end decades of conflict between north and south. and the rights activists in china are condemning a magic trick with synchronised goldfish cruelty was required to make the fish move in unison and it was made famous after being broadcast on state television during new year's celebration is now in the most programs of the year the magician responsible says there's no refuses to give away the secrets of the tournament results you do not know. looks a bit fishy to me now the u.s. president barack obama has unveiled his twenty twelve federal budget proposal in which he highlights the country's financial priorities the plan includes budget cuts and tax increases all aimed at reducing the deficit over the next decade and while washington is calling for a three trillion dollars in federal spending experts say regular americans will not benefit from this i think we have a political system that is school erotic and what i mean by that is all the beneficiar

staying on the slopes where american emily cook and on tom cush near from belarus have won the moscow stage of the freestyle skiing world cup the event held in gorky park is unique and that correspondent the long course sort of tells us why. before we answer the question as to why moscow stage of the world cup is like no other in the world let's recap on the action starting with the women who are american emily power to only her second ever world cup stage win and she must read a short trips to moscow her first win took place here two three years ago crazy here in moscow and so much fun and you know not going as it did a great out and making history and now to let us have all like they made sure it happened and everything is that and all the athletes are saying it. really had to be aired over on the men's side russian who are all finished in sixth place which turned out to be the best result of the season for the home team third place went to china's hu and second to stanislav grof from the ukraine but it was the bella russian anton kush near who added the seventh world cup victory an

collapsed, a dividing line in the islamic world shattered, and the region from yugoslavia to the hindu cush took place. the first was yugoslavia, it's one ever a kind and had nothing to do with it, but it was a precursor to a massive destablization. the united states, with moderate forces, 150,000 men, went in and probably made the situation less ideal than it would have been otherwise. nevertheless, the question is so what is the lasting educate on this? -- effect on this? al-qaeda's goal was to trigger rising that created jihaadist states. complete failure. the islam goal wanted a series of pro-american regimes, preferably with governments like wisconsin governing in this region. iraq was the case. well, that didn't happen. what is remarkable to me about the region is how unchanged it is. >> host: well, i think that's where over the next decade we're going to see is this really the very, very long end game of the waning of the states of the soviet versus u.s. era, and we don't have a sense yet of what's going to replace that certainly across the broader middle east. we're seeing not the b

so we need to be, i think, very cushes and very careful even of press reporting of wikileaks documentsreat these things as ironclad facts. for not. so that's myth number one. and i think that the upshot here is that in some way the wikileaks data dump actually obscures some realities of u.s. foreign policymaking as much as many people believe it clarifies those realities. so some caution in how we deal with those kinds of documents. myth number two, i think, which is really pop gated by julia asang and wick yieleaks is that secrecy is always bad and transparency is always good. now i'm a researcher that writes and publishes open source information about the intelligence community. so i'm a big fan of transparency and openness in government. i have a great first amendment lawyer and i work very hard because i think it's important to try to make public some of the critical decisions -- deficiencies of our secret agencies. but that said, there's a limit to transparency. there is a careful balancing that has to be done between the interests of protecting informing to guard national securit

industry was probably heightened in the initial proposal, they said part of the management would be cushing illegal piracy of content. the order did something very strange. it took that language out of the specific definition of reasonable network management but qualified it by saying but nothing in this order changes the copyright laws and stand in the way of someone who wants to curb illegal piracy. everybody is left scratching their heads. reasonable network management is you can't block access to legal content. we're left trying to figure out, they didn't remove it from the definition for no reason, but we're left with ambiguous clues about what you can do. there's wonderful ambiguities about whether they say there's a real harm. they use the term proph ylactic. they talk about who bears the burden of proof. i favor a case by case approach. the burden of prove lays on the complaintant. they make -- they start off saying the burden of proof sits on the complainant, but if they make a prima facie showing, the burden shifts to the broadband access provider to show their actions are reasona

industry was probably heightened in the initial proposal, they said part of the management would be cushing illegal piracy of content. the order did somethingery strange. it took that language ou of the specific definition of reasonable network management but qualified it by saying but nothing in this order changes the copyright laws and stand in the way of soone who wants to curb illegal piracy. everybody is left scratching eir heads. reasonable network management is you can't block access to legal content. we're left trying to figure out, they didn't remove it from the definition for no reason, but we're left with ambiguous clues about what you can do. there's wonderful ambiguities about whether they say there's a real harm. they use the term proph ylactic. they talk about who bears the burden of proof. i favor a case byase approach. the burden of prove lays on the complaintant. they make -- they start off saying the burden of proof sits on the complainant, but if they make a prima facie showing, the burden shifts to the broadband access provider to show their actions are reasonable, whic