that part of the market dynamic here thank you so much for insight and energy historian doug allen boss and bill had our men senior fellow university of pennsylvania climate center for energy policy thank you so much welcome thank you. turning to the earnings report beat out of disappointed investors after they report a less than stellar earnings after hours on monday google's parent company didn't meet initial projection as their major sells can't category perform worse than expected alphabet report of first quarter earnings of six point sixty six billion or nine dollars and fifty cents per share on revenues of twenty nine point four eight billion sales grew by just sixteen point seven percent down six point seven percent year over year the tech giants are names what i've been eleven point nine dollars per share if not for the one point seven billion dollars fine in europe due to their shady online advertising practices. following the report out of about stocks opened down just over one hundred dollars or roughly eight percent. general electric shares spiked tuesday following their better than expected earnings report g.e. reported a revenue of twenty seven point three billion v

for sellers to maintain their higher prices here to give us a full story is energy historian doug ellin boss and bill had are men senior fellow at the university of pennsylvania climate center. for energy policy. the buyers are betting that these high oil prices are temporary that they can rely on china's exports to push back down push it back down what do you think. well the prices that people are getting and the production has been cut back a little bit by saudi arabia and russia to maintain prices and so china likes the idea of trying to draw the prices down but that usually comes by having a lot of production or lot of consumption increasing consumption would drive the prices down. so bill there are already expecting china to not really comply with the sanctions they have a lot of buying power is out there some of the u.s. is biggest clients for liquefied natural gas why can the u.s. do about it if anything at all. thanks chris and sorry to be mean you're under such circumstances here but. i think that the sanctions around iran are sanctions. the u.s. knew would be difficult to enforce but most strategist find that it's easier to stand up to u.s. military power than to the sanction power