but let's talk about the weather here at dca. as you see, a lot of precipitation. it's been falling steadily since about 11:00 a.m. this morning. the runway because it's not below freezing and still been wet and mobile. what we're seeing is delays up to 45 minutes whether it be arrival or departure and, also, because of this sort of frigid precipitation we have in the air, it means that planes have to be deiced before they can take off, which is adding to the delays. visibility around here is about five miles. about 30 miles from me around dulles airport, they took more snow, the brunt of the storm, shall we say. they are getting a little bit around the same delays. about an hour. what you guys said the roads. the roads are treacherous. took me a long time to get over here to national airport. a few hours ago. so, if you're driving to the airport on the east coast. leave yourself a lot of time especially around here. but you're looking at about an hour delay and looking to freeze yourself. one last thing i will say, guys. i talked to a few passengers in the termina

>> well, as of right now, the delays here at dca aren't too bad, joy. it's about a half hour to 45 minutes. if you go about 20 miles away from here to dulles international, the delays are more severe and more of the snow drif driflt that was felt here at 11:30 a.m. the snow and sleet and the precipitation will fall around here throughout the evening. but, airport officials say the runways are clear. this precipitation has not gathered on them. so they should be able to move folks in and out. i just took a walk through the terminal, though, what sarah said looking at that big board, a lot of red. delays in the 35, 40 minutes. what will be inest therie delays in the 35, 40 minutes. what will be inest theristinest severe the precipitation will be. what we learned from airport officials, they have to be deiced. taking 20, 30 minutes up to an hour depending on how quickly the machine can get to the airplanes. probably the most hectic thing is getting into this airport. when i drove in here a few hours ago, absolutely bumper to bumper traffic. if you're tryin

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not addicted enough to get into weeklong treatment program where there on the slots for the bbc -- dca rich addicted person? no. because they take a gap year and go to rehab or they take some personal time and make a rehab. the insurance covers it and they are in a nice place and they can stay for as long as they need to get healthy. it's not that we make different decisions, it's that we can't cover them in the same way. we pay for our decisions immediately, and we do in a way that wealthy people will never understand because they've never known what it is to know that if you screw up even in the slightest amount, it could be the point of view because it never is the that's what happened to me. that's a comfort and privilege or is never having to deal that fear in the pit of your stomach that this is the day you screwed everything up because the one time he made a mistake. look, retrospectively have i always make good decisions? absolutely not, but i've always made the decision that made sense for me at the time. i haven't always had good information and i have it, listen, i've made d

the fund manager at dca asset ,anagement told us oil stocks discounting armageddon, we can take thatendation. i thought we would look at the european oil and gas sector. this is an industry group within the stoxx 600. let's see how they fared over the course of 2014. it has fallen by roughly 6%. that is the white line. you can ignore the other lines for the time being. crude is down by 28%. the oil and gas sector is the second worst-performing index in the stoxx 600 after the retail index. the peak was june of 2004. since then, the index has fallen by 17%. down as much lows, as 22%. on the oil33 stocks and gas index, only nine have risen this year. one of the best ones is vested this -- vestas wind systems. ones one many strange these indices, but you get the idea. the oil and gas sector is trading lower this year. the worst performer is afren, down some 58%. on a valuation basis, the index is trading at almost 12 times estimated earnings. what the stoxx 600 is trading at. the valuation is more expensive than its five-year average of 10.5 times. of 11's 10-year average times. so it i

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