cushing saw draws of about 2.7 million barrels alone, and talk about that impact on oil prices.verall, the last five days, up about 7%. in the past three days, up 10%, sitting at a three and a half year high. traders are paying a premium to get oil out of cushing, because it has lost all that supply from canada. dan dicker, founder of energy word, is still with us. i want to dig deeper into the wti rally, because if you look at the short-term time spreads, one to three months, they blew out as well. does this mean it is a short-term rally we are looking at? dan: everyone is assuming the sands oil that comes from canada will come back online and it will not last very long. but there are some systemic problems inside pi that are forcing the spreads back in that the eia did not predict was going to happen, although we kind of predicted it. alix: like what? dan: we were talking about, several weeks ago we were talking about the permian difficulties and the infrastructure difficulties. sheffield was on bloomberg very recently saying that by september, all the pipes will be completely

. >> the car was going about 70 to 80 miles an hour, jumped the cush ov curb over here, hit the blackside and there was a vehicle smashed into the front of my house. >> close call there. the driver initially ran away, but was found by police and then arrested. there were four people inside that car, and at least two of them were taken to the hospital. but nobody was seriously hurt. the damage, as you just saw in that video, is extensive. the red cross is helping those folks find a place to stay while the safety of the house is assessed. >>> still ahead on nbc bay area news at 5:00, a lot of happy soccer fans in the bay area this evening. >> that's right. word cup fever continues as a team that is a favorite among many in the bay area continues to shine. we'll take you to the big watch party. >>> that was literally me. mexico! mexico! i felt all the vibes there. san jose, 95 degrees. wind speeds at about 14 miles per hour. which spots did see the triple digit heat? we'll talk about that red flag warning and when can we finally see a cool-down around the bay area? details coming up. at

common pantries marcuse cush shina is the head of the village that owns the well. she serves coffee to the men who do the maintenance. we want. them all but her main job is as a teacher and not in a sign the closest town but one of the largest indigenous boarding schools in south america. it houses around thirteen hundred pupils aged between six and eighteen. most of them are why you. many of them have been brought here because their families are suffering from poverty and drought and on able to feed the children. the school was set up by a catholic religious order. here the children can get food clean water and a place to sleep for free. water is an important subject here even for these first graders. most of the children don't have running water at home instead short from one of the old wells. why is water so important the teacher asks. that she gets the child to give her a reason. we are living in them that whether it was for the well water in our community is somewhat salty but we've gotten used to it but the water here in the school is very salty there now wit

at cushing we have seen continuous declines. low onre at a five-month those inventories.re is going to be price pressure on oil. i still think oil is a good trade. it is achievable. once we get there, the guy with benefiting is that u.s. oil producer. mark:'s oil goes to the levels you are suggesting president trump will be sending more i rate messages to opec. >> opec, they have cut is trumps but it tariffs and sanctions that have for pressure on the market putting the screws on iran. if they relax that oil prices low $70.kly break back mark: talk to me about bitcoin. it is down from its december high. the nasdaq fell. can bitcoin come back from bigger losses in the past. will it come back from this or no? a downside target, that is the cost of production. the had years that have created bitcoin are still sorting futures contracts against it. they have created a product that is more efficient than buying it on a regular platform. volume is sohe weak and product never establish ,tself as a true asset class whether it is an energy related product with the cost to produce i

one of the people you use to introduce these gorgeous segments on the indians is frank cushing who is an f ethnographer. tell us about him or the colusa. >> he was in ethnologist of the 19th century and considered an expert on the western indians. he ended up going to southwest florida in 1895. because some artifacts were discovered down there quite by accident. in florida is still very much a frontier. not many people living there particularly south florida. so, he was dispatched to take a look at these artifacts. he suspected there is something really important in southwest florida. a full expedition followed. he unearthed what so many described it as the most valuable and complete archaeological find in the academy. he discovered these business people whoad the gul coast for approximately 8000 years or longer. their sedentary people. they stayed in one place but they were hunter gatherers and they do not grow crops which was unusual. they did not have to go anywhere, they did not have to follow their game because it came to the in these wonderfully rich places. it was just a matter

and generally those sort of conditions prevail john thursday there may see a few showers affected cushing could see the odd downpour highs of thirty one across into south asia temperatures back a little bit across central parts of india a mere forty two in delhi as a high still plenty of showers down through the west coast of india though but by rather cloudy with heis here of thirty two. the weather. and. the world's pollinators are in decline. in this episode of an earth rise we meet entomologists on opposite sides of the planet protecting insects of all sizes crucial to preserving food chains. i've come to the u.k. to see how all industrial sites are being turned into bank reserves in an attempt to reverse this worrying trend. fighting insect to get on on al-jazeera. it's been one year since its neighbors imposed a blockade on by land sea and. a move that she. the region's geopolitical landscape alliances have shifted and qatar has grown more self-reliant . but what caused the rift between the g.c.c. countries is there an end in sight and can the gulf ever be the same again the siege o

documented complaints over approximately the last 18 months to dph environmental health director stephanie cushing -- what are they talking about? what alleged accusations are they talking about? >>> i'm not sure. can you repeat that. that was kind of a lot there. >>> yeah, sorry, hold on here. despite multiple detailed and documented complaints over approximately the last 18 months to dph, the environmental health director and deputy director about his alleged false testimony and declarations, unauthorized negative referrals to camtc. can you go into detail what those allegations are? >>> so, the camtc is the state organization that licenses practitioners here in california. san francisco dph can do that as well. but if you want to practice massage throughout the state of california, you need a cmtc practitioner permit. requirements to get that are very similar to what we have here in san francisco. but it is a separate license issued by the state of california. we don't have jurisdiction over that license, the state does. so if during the course of an inspection we came across a cmtc certified p

wonderfully rich estuaries so it was a matter of stepping into water and catching their food when cushing gets there, there's nobody living there. when the spanish got there in the 16th century, there were tens of thousands of people living there. and when the spaniards meet the calusa,they are quite impressed . >> they are very impressed because ponce de leon was the first spaniard of record who met the calusa in 1513 and was very interesting as you may recall from the book is that the spanish didn't know they would encounter indians. they know who lived there in florida the calusa new about the spanish because they were serious seafaring people and so rumo have uled about these conquistadors who were killing everybody in the caribbean and so they were waiting for somebody like ponce de leon to come along. in 1513, the calusa fought t him off and he didn't learn his lesson and the calusa shot him in the fire with a poison dart, poisoned from the native tree and his men took him back to cuba to havana where he died of his wound but then within a few hundred years, all the calusa are gone

on the visual of gold in them you know look i'm usually them you got the notes appear you cush. those time and never when i come to greece i mean the play like we've are due to be an issue to play with the development this is like well i was playing with barcelona as we go up and i had to be to be honest with you because it was you know fast moving. it was good in flukey it was he was very clever in his moving. and an era because i was always always play with him one after we were given to me given to me and sometimes i would play and thus the last year was brilliant you know we've been shown purely rearm by the defense this time. and from there he said look yeah i told you you joke about it you should be in bus and i say yeah say yes i said and believe it was sort of music look i want to be there you know i mean. i'm not like mamie many edge and when the first day when i meet dimitri was talking about. the way i was talking would tell him what i want to be what i want what i want to achieve you seem like skeets dream book i'm going to have been make his his dream come reality.

and north korea and economic incentives in exchange for marginal or incremental moves in cushing theogram and the president wants to go for a complete irreversible and verifiable dismantlement of north korea's nuclear program and secretary of state mike pompeo saying there is some in for north korea if they do get rid of their nuclear program. listen to what he said yesterday >> preside trump recognizes kim's desire for security and is prepared to ensure a north korea free of weapons and mass destruction is also a secure north korea. the president's also expressed his openness to expanding access to foreign investment and other economic opportunities for north korea if they take the right steps. >> now, kim has n mentioned this far as north korea as the leader but yesterday he was out and about seeing sights including that building on the left-hand side of your screen, thee high rise towers with what looks like a ship on top of it, kim went up and had a look and walked around the gardens as well and we have confirmed in fact that kim jong-un said his deadline for departing singapore

a list of some of the content that may have been affected so definitely be on the lookout for that cushthis is a design. problem been fixed facebook says that it's been fixed so come a few days of about five days to fix it but already affected users are starting to speak out they're not very happy about it of course i here's one on twitter who rises act. from sri lanka he says this is tragicomic and he writes when privacy is not part of your core design or intent the reversion to type is only to be expected . we were both watching zuckerberg testimony in congress back in march do you remember this quote i mean it's hard not to think back to what he said he said look every piece of content that you share on facebook you own and if you have and you have complete control over who sees it and how you share it clearly facebook having a hard time living up to that right whether it's sharing your data with chinese device makers or not even keeping it private when you share it on your own timeline i don't know that i'm absolutely i remember the testimony that accounts of what is the full amount

the premium for oil at cushing hitting a record.ee the chart is quite boring until the end where it completely skyrockets. while the pushing and nymex crude prices trade in tandem, yesterday is -- it was up $5.75 more because of a shutdown of a key facility in canada. goldman sachs saying it is the most dramatic event in oil and overshadowing right now what happened in vienna last week. christine: i am looking at greece today. greece got an upgrade overnight from s&p. --t puts greeks in the run position to give it tightens a run for their money. the great-italian 10 year yield spread is up 130 basis points and even if we saw half of the move, we would still be looking at a spread of less than 100 basis points and the last time we saw that was in november 2009. deep and i on this. check out gtv go. wins.hristine we will be paying attention to the greek-italian spread the next 24 hours. watch this space on bloomberg. christine wins. quite hard to see and marine corps she chart because she was standing in front of it. up next is "surve

looking pretty much in the clear and that certainly reflects in the forecast in these twenty four hours cushing should be fine sunshine there and highs of thirty three the bulk of the rain though seems to be across the through the mill a pincher and across into cambodia and southern parts of vietnam system heavy rain is likely here and that's expected to continue during the following twenty four hours so other states then philippines just a scattering of showers again borneo not looking too bad a few showers so for java and carter looking at highs of thirty four down into a stray here where we've got an area of low pressure across southeastern areas meanwhile out towards the west we've got a frontal system which is pushing in this cold front is likely pretty active when it pushes in towards perth during the course of the next twenty four hours to some heavy rain likely that crosses southeastern areas that southerly winds railton some pretty low temperatures as twelve as a high in melbourne right into thirteen on choose there but still the risk of showers that frontal system continues to push ac

general those sort of conditions befell june and thursday they may see a few showers affecting body of cushing could see the odd downpour highs to thirty one across into south asia temperatures is easing back a little bit across central parts of india a mere forty two in delhi as a high still plenty of showers down through the west coast of india though but by rather cloudy with heis here of thirty two. the weather sponsored by cattle and. unpack it for us what were you hearing what we wear on line horrendous things humans told us there's absolutely no doubt about that or if you join us on sacked a lot of the major countries in the commonwealth are far bigger fish to fry and chips to eat this is a dialogue. about some of this except if perhaps everyone has a voice what happens when the robots themselves are making the decision to join the colobus conversation amount is iraq. welcome back a quick reminder the top stories here israel's prime minister says iran's announcement that it's increasing its capacity to enrich uranium proves the nuclear agreement as done nothing to moderate its behavior

cushing oil was the -- america's biggest distribution house.t served an unprecedented $5.75 per barrel. goldman sachs called this the most dramatic event in oil last week, not that massive meeting in the anna opec -- indiana at opec -- in vienna at opec. manus: annmarie hordern with the very latest on the oil markets. the first half of 2018 was rife. geopolitics was the top headline and the u.s. fueled the traded turmoil. the person with the magic crystal ball is our senior european equity strategist. he joins us now in our london studio. no pressure. we look back at the first half and we try to take ourselves forward. i love what you have written up. you talk about a simple year to date return on the stoxx 600. you say we should focus on the earnings. >> indeed. if you look at the first half, you could think it was a bit of a yawner. we are down a couple of a percent, no big deal, but clearly that is not the story. the first half was a give back of last year's huge run because of trade fears. the second quarter into may was exactly the opposit

that actually displaces permanent oil from the gulf coast the lab to wind its way up to cushing and that'snteresting displacement effect in the u.s.. david: what does it mean for long-term distribution? it's not getting out of the ground, it's getting it where he needs to go. do we have the distribution capabilities of getting it to them? walk it forward five years and we get the export capacity. huge tankers over the area. filling out the ability for huge tankers to come into the gulf coast and move the oil. walking out five or 10 years and we could see a big dynamic and trade flows. companiess that mean building that distribution are a buy? play that's already been a and it's usually capital-intensive. that as we head to the g7. don't forget to tune into my program for commodities edge. coming up when comes to commodities, one man has seen it all. we will have an inclusive interview with the tiberias group ceo. as you can you today, listen to tom keene and jonathan ferro from 7:00 to 9:00. all across therd united states on sirius xm radio. this is bloomberg. ♪ . this is bloomberg. ♪ emma

, easier search, easier browsing through photos and then spend a little bit of time talking about cushingit's hard to see the kind of the truth behind that, though i think it's something that every organizaon, every big tech company, facebook, apple is going to have to contend with and at least acknowledge that they hear you, they see you, you know, sort of therapy sort of words they're going to use but i'm not sure if it's really going to change their development process. neil: any big new product announcement or will this be about neat new features in the software to unlock your car and that kind of stuff, is that the gist of the expectation >> it's all software and services. in the fall we'll see big announcements. i think all of us would love to see kind of the next, you know, game changer technology come out of apple in the fall the next iphone, next ipod, but right now , in this context in the next couple days is going to be reassuring to developers that we have a stable platform that you should stay and build with us and that we're the place where the destination for all your users

many of you know it's just a few years ago that alonzo cushing received the medal of honor. more recently, kent published "retreat from gettysburg, lee, logistics and the pennsylvania campaign" published by the university of north carolina press. these days besides being an active scholar, speaker and of course researcher and writer, he's also the president and content developer for witnessing history, witnessing history is devoted to doing documentaries, documentaries really aimed at i believe a range of audiences but are particularly useful for those teachers out there and the documentaries kent has focused on have considered a lot on kentucky history but also on abraham lincoln and also on the gettysburg campaign which is a specialty of his. i was a freshman in high school at the indianapolis civil war roundtable where i heard kent deliver an outstanding talk. you of course all will be in for a treat today. some of you will get an opportunity to spend more time with kent for our c-span audiences. our attendees do more than just sit and listen to talks, they go out on the

the chair now recognize the gentleman from cushing, mr. barr, chairman of the monetary policy and trade subcommittee. >> thank you, mr. chairman and mr. secretary. again, thank you so much for visiting our district in central kentucky last january, and visiting the hope center and recovery kentucky and st. james place and shepherds house, all of those wonderful nonprofits that showcased a transitional housing model for long-term addition recovery. >> great example. >> we appreciatedow learning more about that and being hope to supporting through hud programming these models of supportive housing and support and care management to reduce substance abuse and addiction. their university of kentucky did a study as we shared with you, that showed these programs result in avoided costs of $2.71 -- $2.71 for every dollar spent because it's leads to addiction recovery, long-term addiction recovery and self-sufficiency. i love what you're doing with these envision centers. i read with interest your commitment to the continuum of care program, to he

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so when cushing gets there in the 19th century there's no one living there.nish got there in the 16th century there were tens of thousands of people. >> that's right. >> when the spaniards meet the calusa, they are quite impressed. >> they are very impressed. and ponce de leon was the first to meet them. it's interesting you may recall from the book is that the spanish did not know they would encounter any because they did not know who lived there and but the calusa knew about the spanish. because they were seafaring people, and so, rumors have circulated about these conquistadors killing everybody in the caribbean and so they were waiting for someone like ponce de leon to come along. in 1513, he returned and 21 and did not learn his lesson. the calusa shot him in the thigh with a poison dart. poison from the sap of a native tree. and his men took him back to cuba to havana where he died of the wound. >> that was when 100 years and that was ultimately because of the visitation of spanish and others. >> you are talking about the spanish being impressed by the