well earlier we asked spencer welsh oil market analyst at i.h.s. market in london whether opec countries were looking to strike a balance deal or if they were just out to maximize profits they are trying to to to find the right balance they would probably like the price to be somewhere around seventy or eighty dollars per barrel compared with the current price which is fifty three however even just two months ago there was worried that the market was overheating the prices it eighty six people worried it was going to hit one hundred and opec a worried about that one hundred number because then that stimulates competition from from other fuels and actually back in june because of the high price opec released their production constraints because they're worried about the price going to high so there's been incredible change in the markets in just two months. well market analyst spencer well speaking there according paris has slapped a half a million euro fine on french oil company total after finding it guilty of paying bribes to win a huge gas contr

is diminishing so what's going on with all of what's going to happen next year let's speak to spencer well she is an oil market analyst and i access market and joins joins us now from london spencer is that low oil price only bad news for opec all the. other ripple effects hi good afternoon well it all depends whether a country's a net producer or net consumer of oil sunk so net producers like the opec countries and also what the producers look like russia they would fight would be would be bad news for them but for countries that are the neck consumers of oil which most of the rest of the day the world the low prices good news. because interested in striking a good balance of interests there or are they just looking to maximize their profits yes i think they are trying to do two to find the right balance they would probably like the price to be somewhere around seventy or eighty dollars per barrel compared with the current price which is fifty three and however even just two months ago there was worried that the market was overheating the prices it eighty six people were already was going

. >> thank you, spencer. >> well, take a close look, notice something different about this nativi the. y scene, coming up, who is behind the political statement. >> and a live look from the south beach camera in san francisco, look at the cars, toward the top of the screen. hey, it's -- i laugh now because i got to work, but it took a long time. this is one of the approaches to the bay bridge. we have been talking about the traffic mess in the city because of this morning's crash on the bridge. we will have more throughout the hour, stay with us, we are coming right back. it was here. i couldn't catch my breath. it was the last song of the night. it felt like my heart was skipping beats. they said i had afib. what's afib? i knew that meant i was at a greater risk of stroke. i needed answers. my doctor and i chose xarelto® to help keep me protected from a stroke. once-daily xarelto®, a latest-generation blood thinner significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. warfarin interferes with at least 6 of your body's natural blood-clotting

earlier we asked spencer well soil market analyst and i guess market in london where the opec countries were looking to strike a balance deal or if they were just off to maximize profits they are trying to to to find the right balance they would probably like the price to be somewhere around seventy or eighty dollars per barrel compared with the current price which is fifty three however even just two months ago there was worried that the market was overheating the prices it six people were already was going to hit the hundreds and opec a worried about that one hundred number because then that stimulates competition from from other fuels and actually back in june because of the hard price opec released their production constraints because they're worried about the price going to high so there's been an incredible change in the markets in just two months. on market analyst spencer welsh speaking there now for a few hours of looks like former nissan chief carlos go on would be getting out of jail but before the gate even opened for him japan's state prosecutor's office has issued a fresh

spencer: well, amazon and fedex have a more asset-lite model.n does not want to hire the people directly or buy the vans. it is relying on this network of entrepreneurs. keep them kind of small so it has rice negotiating power over them, and that them do the dirty work of recruiting, hiring and retaining, which can be costly, and also maintaining the fleet of vehicles. the alternative would be a ups, which employs all of its drivers, and buys the vans, owns the fleet and maintains it and takes those costs on itself. the big differentiation we are seeing is how much drivers earn. ups has many union drivers that could earn $40 an hour, not including overtime, whereas the postal service median makes postal service median makes about $57,000-50 $8,000 a year. these carriers for amazon will make anywhere between $15-$20 an postal service median makes about $57,000-50 $8,000 a year. these carriers for amazon will make anywhere between $15-$20 an hour. carol: is this a reminder that we think about amazon and increasingly talk about going high-tech with

thank you, spencer. >>> well, the end of the year is a critical season for charities that depend on donations. so far they're hopeful but they need you to help out. >>> we should mention this morning's episode of "the view" was interrupted to bring you the coverage of the funeral for president george h.w. bush. you can catch today's episode in its entirety overnight at 2:08 a.m. >>> and we want to leave you for a moment before we come back with a live look at the omni hotel in dallas, texas. it is illuminated in honor of president bush. you see the flag there, but a moment ago you saw "41." we're back in a moment. >>> new developments in butte county to tell you about. most paradise residents will be allowed to return to their properties nearly a month after the camp fire destroyed 14,000 homes. some were able to come back today. three more zones will open to the public tw. 85 people wkied a this afternoon we learned three more victims have been identified. ten people are still unaccounted for. officials warn that conditions are still hazardous while crews work on power lines and clearing roa

. >> thank you, spencer. >>> well, brick and mortar retailers are bracing for shoppers on tomorrow's super saturday. could be the biggest spending day of the year. consumer growth partners estimates u.s. shoppers will spend $26 billion tomorrow. that is more than the $24 million spent on black friday. it helps that super saturday that falls three days before christmas giving shoppers a little extra time for that last-minute purchase. >>> now if you are looking for christmas presents at a big discount, check out san francisco oldest department store. because after 157 years in business, gump's last day of business is on sunday. the post street retailer opened in 1861. filed for bankruptcy this year. all items 70% to 90% off. so i know where i'm getting your present, ama. >> nice. nice that you wait until the last second. >> best deals. >>> so we want to know, are you done with your holiday shopping? head to abc7news.com/vote right now to weigh in. >> along with the big retailers, smaller businesses are gearing up for what will be a very busy weekend. abc 7 news reporter david louie in

is diminishing so what's going on with all of what's going to happen next year let's speak to spencer well she's an market analyst and i access market and joins us now from bob and spencer is that low oil price only bad news. all the ripple effects. hi good afternoon well it all depends whether a country is a net producer or net consumer of oil so so net producers like the opec countries and also what the producers look like russia they would fit they would be it would be bad news for them but for countries that are the net consumers of oil which is most of the rest of the the world the low price is good news. because interested in striking a good balance of interests there or are they just looking to maximize their profits. yes i think they are trying to two to find the right balance they would probably like the price to be somewhere around seventy or eighty dollars per barrel compared with the current price which is fifty three however even just two months ago there was worried that the market was overheating the prices it eighty six people worried it was going to hit one hundred and ope

. >> darcy spencer, good advice. >>> well, it's the of a new era for the university of maryland football program. the terps hiring a new coach in the wake of the death of a player the coach is a familiar face to many in our care ya > -- area. >>> and how teachers are using yoga to reach students. we're coming right we're coming right b i had life-treatening bleeding in my brain. but thanks to the virtual reality technology at gw hospital, my surgeons were able to look inside my brain and plan for a successful surgery. it's remarkable that i woke up and ran five miles this morning. i would tell gw hospital thank you for giving me new life. for life's defining moments the george washington univeristy hospital defining medicine. >>> when george bush was pr ident of the united stat of america, every single head of government in the world knew that they were dealing with a gentleman, aenuine leader, one who was distinguished, resolute, and brave. i i believ will be said that no occupant of the oval office was more courageous, more principled, and more honorable than george herbert walker bush

a chill wayne freedman by the way, as well. spencer christian is here with a look at the conditions now along the san mateo coast. not as gnarly as the past couple of days. >> wave heights are still elevated, way above average heights but much diminished from a couple of days ago. right now we're looking between 11 and 15 feet. they continue to get a little lower. this high surf advisory will be in effect until 3:00 a.m. tomorrow. meanwhile looking at some fog developing overnight. not as widespread as last night but othver the central valley we'll see dense fog developing overnight. i'll talk about the impact on morning traffic and give you the forecast in a few minutes. >> stay with abc 7 news for the latest on this high surf advisory. we are posting new stories of the surfers at mavericks and giving you the latest forecast on the website and the abc 7 news app. >>> we have developing news in alameda county. a man has been charged with the death of a 17-year-old. >> 21-year-old christian kelling of fremont was arrested last week in t

rodney's here from buchanan y, and then, spencer, are you here? oh, well, boys and girls club has been part of this, but you know, they're busy with the kids today. but one of the things that i really always admired and truly respect in the western addition is that the community comes forward and says look, what's best fore the community, and they look at it as a whole. and kids have always come first in this community, and that's all something i think we all some strive for when we're looking at legislation or we're looking at things in this city, what is good for the kids that are here, and i'm just really happy to be part of this, and i will be there in 15 months? >> you betcha. >> cutting that ribbon with mayor breed and everyone behind me, and kamaya from mo' magic. but thank you everybody for coming, and we'll all be back in 15 months. it's on my calendar. thank you. [applause] >> i should have said 17 months. supervisor brown started to introduce some of the community members, so let me acknowledge -- more formally acknowledge our amazing partners.

. >> well, 11-year-old spencer klein decided to test the theory himself, and just like the movie, guess. his friend got some hot water and called for help and spencer is expected to be fine. >> what did he expect? >>> snowball fights in one colorado town are now legal and it's all because a third grader went and fought for his rights. >> the town of severance had a century old ban on snowball fights, something 9-year-old dane best did not agree with, so he represented his argument at a board meeting saying it was an outdated law. >> and board members agreed and overturned that ordinance. dane got the honor of throwing the first legal snowball. he said he'd throw it at his brother. get it on. >> i love it. >>> finally, it's being called britain's most festive pub. you can see why. the churchill arms in london features 97 christmas trees and morehan ,0 lht already going on right now for next year for when the pub wants to use 100 trees and even more lights out there. >> we need more lights. >> more lights, more trees. bring it. bring it! new johnson's cottontouch™ a wholwash and lotionre

between half a million and one million barrels per day of production spencer if they don't do that what will the consequences be well at the moment the price is just above sixty dollars per barrel two months ago it was eighty six dollars per barrel so there has been a sudden drop but in the last week it has been pretty stable so if they don't cut they then prices will probably stay around where they are they may drop a little bit more if they were to cut i would expect prices to head back up back towards seventy. the u.s. russia have all weighed in on this debate i mean it was that one of the mottos of opec economic interests before political ones has the tide turned on that now. arme not necessarily sure that was always the the motto of opec i think that they're trying to do what they what is best for for their for their members it is a it is a heart rope they're trying to walk at the moment between saudi arabia and the united states trying to to remain on good terms but also also trying to provide support to the rest of the opec countries and saudi arabia are they really need a price of more than sixty dollars per

tired of that and now we're stuck over there son of man and i love get it well enough has a couple but at the nick spencer had cancer but you know coming out of the debris and later you have enough people and only going to keep our focus will magically on a number of and i mean you'll have the well known. condoms and then we do so i just wasn't allowed to touch at the end of the job i like i should be wanted and though i do so not that mad i start a bird then i but i'm not sure they have that mystic i will load you up they are a way to look at it better than i can in the fallout was a lot. about i what. lemon was a mug a good bit of good player limit. good another. member then it. could be been a seat of the aisle a m b c. and that better be. a minimum i'm going to head to head they have him as a little modest of the show if you want to they had him became one go a little lamb as modest obvious that they had a lovely been starving done in a jet you have to the not to lead them and that wound that had one of the paddy if you have your money. and look at the go would upset all three. group before you. toda.

. >> darcy spencer is live in silver spring with what was supposed to happen. darcy? >> reporter: wellht. the deal went down right her in this area of silver spring back on december 20th. and apparently these two people met on an app o calleder up. and the victim was trying to sell a veryxpensive pair of shoes. he was advertising them for $700. and tgryd to meet up in this area of silver spring at georgia avenue and east west highway. but insteadf getting t money, the victim got a gun in his face. he's a d.c. firefighter facing an armed robbery charge. he's accused of stealing a pair of these high dolla tennis shoes at gun point. police say he met the victim through the offer up app, an online market for buyers and sellers. the twogr allegedlyd to meet here at georgia avenue and east west highway in silver that was at noon on december 20th. they got in the suspect's car, then there was a dispute over the price of the designer shoes. e seller wanted $700. >> there was a disagreemeuc about how he was willing to pay for the shoes and at some point, he made the decision to pull out a handg

darcy spencer is live in exandria where the loved ones are remembering her this evening. darcy? >> reporter: well, that's right, erica. her aunt spoke to news4li e today. she said this young woman would have done anything for anyone s and the family just want know why this happened. let's take a look at her photo. this was diamond moore. she was 20 years old and a recent graduate of tc williamsh high schoo in alexandria. you see her in her cap and gown. she had been a college student. now, this all happened yester y yesterday. weou want to show video from the scene of the murder. it happened at 9:45n the morning, she was found shot in the 5500 block not too f fro where she lived. a 32-year-old man was arrested, and he has been charged with murder. sed hishave not rel photo and they're not saying any specifics about why he was connected to this case. and why this happened. diamond's aunt sd she stemmed from a dispute that diamond had with another female and not with the suspect. >> a doctor, a lawr, a minister, a pastor, she m been. but it has all been taken away over someman, 30-year-old, that ha

. >> darcy spencer is live with more on the story. darcy? >> reporter: well, good yorning. may remember last month there was a shooting on mall property. yesterday afternoon there was a stabbing just as the mall was filled with holiday shoppers. this is video from ned afternoon in front of the dsw shoe store. the man who was stabbed is expected to survive. the week of thanksgiving a man was shot in the parking lot after some sort of dispute inside the mall spilled outsidey montgo county police have put out some safety tips for shoppers to keep in mind. we want to show you those. stay alert. be aware of your surroundings. park in well-lit areas. park as close to your car or the store as possible. we know this is a very busy time of year. a lot of the parking lots and garages are if you can try to abide by those rules and stay in well-lit areas and park close to the mall. the suspect is still o the loose this morning. back to you. >> darcy, thank you. >>> we ang also stan top of a developing story from the french city of strasbawg. >> chrisnce is at the live desk with the lat

well. not just the first person i turn to. spencer: the realities of it -- the realities of doing pressurized reporting are such that, yes, like the answer is, we'll all just have to muddle through. i have never worked at a place where every holistic concern i'd ke to see about journalistic security practices would become thoroughly institutionalized. the good thing is like, just, you know, gauge interest amongst your colleagues and say we did this once at the "guardian" if you'd like to learn more about how to go about securing your information, just meet us in the conference room at such and such time. we're going to basically spend 45 minutes over lunch talking about some practical tips. in particular journalists who frequently travel across international borders like at the guardian, we try to gear our presentation to that sort of thing, but also a really good idea is to turn to people like olivia who's trained nooms like mine at the "daily beast" like mine. olivia: security is hard. and hard on many levels. we can take it on a ps

well. i'll give you a look at the forecast coming up. >> thank you, spencer. >>> some 30,000 kids from butte county returned to school today since the camp fire broke out almost a month ago. the county office of education tweeted this photo greeting students as they got off of the bus. classes are being held at schools in oroville and high school kids are going to class at chico mall. >> like, it's been a while till i came here for my first day of school again. now i'm so nervous. >> what are you excited about? >> i'm excited to see all my new friends. >> yeah, it will be good. the sheriff's office announced the number of missing has dropped to 25. at one point, more than a thousand were unaccounted for. >>> classes are not in session in anchorage, alaska followed friday's 7.2 earthquake. school also be closed for at least one bakill all time to inspect schools for damage and make repairs. the safety level of each school will be tagged green, amber, or red. >> before we can declare a school safe or green, if you will, for reentry, the building is cleared of any debris or potential falling ha

ui darcy spencer is live at the wilsoning in downtown d.c. with more on this law. good morning. >> wellgood morning. these red flag laws are gaining in popularity across the c sntry evce the mass shooting at the school in parkland, floridaa marylaeady passed this legislation and it's being implemented and it looks liketh d.c. council could also pass this later today. we want to show you a graphic so you can get a better understanding of what this means here in the this would reduce access to guns by people considered a risk to themselves or others. people would beble to petition a court for an extreme protection order. now the order allowsolice to immediately remove guns from that individual, including from cteir home. the sub of that warrant would not be able to purchase another weapo for ten days and possibly not have guns for up to a yew. the package would also ban bump stocks. those arehe rapid fire attachments to guns that the shooter used in las vegas. now this package of bills will be taken up later this morning heret the wilson building. it received unanimous support during the

well as plan out your sunday. >>> driving has been pretty dh difficult this evening because of all the rain. we're seeing a number of flooded out roads. darcy spencer is live in fairfax county with more on the conditions there. >> reporter: we've been driving around here in northern virginia for the last couple of hours checking out those roadnd ions. i can tell you from personal experience the roads are very wet. they're omsty. there's pooling and hydroplaning. alsooahere are several here in fairfax county that are closed due to flooding. this is one of them. we're on burke lake road at kill kenny lane. we saw a number of drivers taking the chance and driviug th standing water. this is an overflow of berk lake so there's a potential for this water to be quite deep and to be moving quite quickly. we also checked out flooding on hunter mill road at lawyers over in the oakton area here in the county. weaw cars driving through theoo fld roadway. fairfax county has a listf road closures. righre now t about a half a dozen roads that areed cl there have also been a few water rescu rescues. fortunately everyone who did get stuc was able to be rescued and

well as snowflakes. i'll let you kno how long it's going to stick around. >>> look at these discount i'm doctorsy spencer i'll show you h last-minute shoppers can save, if you'rest ill procrastinating. >> news4 at 11:00 starts now. >> we are less than two minutes away from entering day three of the partial government shutdown. any hope of a christmas compromise has within dashed. most lawmakers have gone home for the hodays, and the trump administration hinting the shutdown could drag into t new year. geoff bennett is on capitol hill with the very latest. >> reporter: tonight the government shutdown drags on. no truth on the horizon in the battle over funding mr. trump's border ll. acting white house chief of staff nick mulvaney offering his prediction on how long it will last. >> i think that is cash it's very possible the shutdown will go beyond the8th and into the new congress. >> and who is on the hook to pay? >>haone of is mexico paying for the wall. let's just be clear about that. >> you and i know both know it cannot work exaly likethat. >> reporter: mulvaney says the white house has dropped down

well. light rain sunday and monday, and more dry days tuesday, wednesday, and thursday. >> thanks, spencer. that the college sports is big business. >> larry beil is here. >> this is a nice raise. the price of success just went up in berkeley. a new deal for cal coach justin wilcox. he just became the highest paid coach in school history. >>> now sports with larry beil. >>> good evening. this will be the fourth straight year the 49ers will have lost at least ten games. the 2-10 niners host the broncos on sunday. with four games left, you could argue losing is better than winning, because more losses means a higher draft pick. that's what we're going for at this point. but the players are fighting for jobs and contracts. they want to win. niners will get marquis goodwin back this sunday. he's been out dealing with personal issues. you saw pettis there on the touchdown. ninis crushed in seattle, 43-16 last week, lost in that demolition was the fact that nick mullins threw for 414 yards. >> i don't know, i guess i didn't realize it. and then at that point, it's not what matters. we lost, we di

. >> if i may ask another question, admiral and secretary spencer i wonder if you would respond as wellplease? >> we are exercising the public yard option. i have learned in my life that managing expectations is probably the best way to go. i will tell you and admit by the shipyard builders there is not 100% correlation between building skills and maintenance skills. they don't overlap 100%. we are learning that right now. they are farther up the curve than starting from zero for sure. repair is a different exercise and build. so we are on the learning curve. all we are hoping for, but that hope is a strategy is as partners working together we can get a price point that is agreeable. >> hope is not a strategy. you are absolutely right. repair is not the same as building a new boat, but the skills are very very transferable and comparable. i want to urge that with all due respect perhaps you could respond to my letter, i look forward to hearing in more detail either in person or by letter about what the plans are. i think it is very important that we address these maintenance needs. it g

well. as far as construction for the new campus in austin, they expect that to be done in about 3 years. reporting in austin, bridget spencer, ktvu fox 2 news. >> today's big announcement isn't a total surprise but the move is a significant departure from the bay area. ktvu's maureen naylor looked into what this means for silicon valley and joins us from apple's headquarters in cupertino. >> reporter: alex, no one i spoke with today was surprised by the announcement. some say apple is building where people want to live and that place is not here. >> today, we can say apple is bigger in texas. >> reporter: texas's governor drew cheers after apple announced its billion-dollar expansion and new campus in north austin with capacity for up to 15,000 jobs. the city, already home to the second largest concentration of apple employees, behind cupertino's headquarters. >> we are thrilled to share that we'll be expanding our employee presence in many other cities in the u.s. including seattle, san diego, pittsburgh, new york, and culver city. >> reporter: from traffic to the high cost of housing, one tech analyst says the bay area qu

spencer is live on capitol hill. >> how areederal workers going to be impacted by the partial shutdown? reporter: well, we a talking about the possibility of 400,000 federal government workers being furloughed so you can imagineoe have many here in the d.c. metro area. there is going to be a hugey impact not o for those workers but for their families. many are telling us this couldn't happen at a worst time, right at the holiday time. they rely on these jobs to make ends meet. they're hoping a compromise can be reached avo a shutdown to keep them working. essential workers, military, mail, social security checks, all ofhat would not be affected, but hundreds of thousands of workers could be ld to stay home. >> it affects my whole family. i'm the only one that works iny my fam so i'm the sole supporter. so definitely, i tmean, will make things even more harder than they are already. >> would it affect -- >> reporter: so this is a real impa the federal government workers and their families. this could impact tourism as well. people considering coming to washington, oh, wow, the museume will closed, midn

well. back to you. >> we'll see you then. driving in parts of the region beca t so dangerous due flooding, some folks had to be rescued from their cars. darcy spencer is live in viennaa virg to continue our team coverage. darcy? >> reporter: erika, at this hour, there are more than half a dozen roadser closed in fairfax county. the rain is still coming down. it hasn't stopped all day. that list will probably grow in the overnight hours. what's happening here behind me, you see the white car nose down in a ditch. this is the aftermath of what can happen when you get stuck in high water. flooding shut down hunter melon lawyers roads in oakton. it didn't stop people from driving through. the same thing happened at burke lake road where motorists made splash as they took a chance to make it through the high water.t ately, no one got stuck here, but others weren't so lucky. theses phoom fairfax county fire show one of four rescues. this one happed at chapel and cold point roads in clifton. one person had to be pulled from a car stuck in high water. and take a look at these photos from montgomery county fire. they're from brighten darn road, an area that

than any peak in oil demand right spencer welch there from h s a market in london thank you so much thank you. more business coming up later but first brian has got some well hopeful developments for the people of yemen in that way monaco around says it will be supporting the peace talks aimed at ending the conflict in yemen those talks could start as early as wednesday in sweden now this development comes after the saudi led coalition fighting in yemen agreed to fly out fifty wounded rebels who are supported by iran and medical evacuation as part of confidence building efforts ahead of the planned peace talks the fate of who the rebels was a stumbling block to the start of a previous round of talks in september. or international groups are of course trying to bring an end to the conflict which has pushed yemen to the brink of famine we have this look at a school in the capital sana that's trying to provide food to keep its students alive. five hundred bread rolls for the young honey girl's school in santa two for each student the recess and first meal of the day are highly anticipated. apart from here at school many children have next to nothing to eat. t

spencer. >> caller: hey, jim. >> hey, spence. >> caller: thanks for taking my call congratulations on your philadelphia eagles with victory last night. >> wellyou know, the coach, the coach delivered and players delivered. nick foles delivered let's keep going, dallas, i need to you lose. what's up? >> caller: i was just -- i've been watching winnebago forever and the last couple of years they went from 20 up to 60 and now they're back down to 20. >> yeah. >> caller: i was just wondering if you recommend. >> i can't because with the fed tightening that's precisely the kind of stock, even though oil is down a lot and would think it would be good. forehas be i have to keep people out of problematic situations and winnebago, some people think they're doing better than thor al in california al >> caller: happy boo-yah, bakersfield. spi global >> huh spi global hey, i saw doug pederson at a party and reminded how good the stock is you know, look, is the stock going down yes. is the company good? yes. what else can i say? let's go to janice in washington, please >> caller: hello, hello, jim >> hey, janice >> caller: my son comes by a few times a w

a title but at the nick spencer had cancer but you know coming out of you i have enough people and lately i've been a pretty awful go imagining i'm a nightmare of and i mean. well known. kind of the only jews who i just wasn't allowed to touch at the end of the job i like i said they wanted and though i do so much that madoff started bird than i but i'm not sure they are leverage that i would love. to look at and bend them and kind of fallout was a lot. about what. lemon is a mug a good bit of it could be a limit to look. good and another. member done it. could do but mostly that day i later. and that got to be. a minimum i'm going to head to head. they had him as a little modest of the show if you want to they had him became one go a little lamb as modest obvious that they had a lovely appearance tumbling down a nice jet you have to the not to lead them mad max wound that had one gaffe a wound that paddy if you have your money. and look at the go would upset all three . groups before you. happy have let me know. ok must've been mad men that they know but now wish vassals undermanned will die of it i love him and will live she will be a bad bad again and. then