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Jun 15, 2012
06/12
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CSPAN3
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again, cushing, oklahoma, west texas intermediate, of $133.88. now what is the difference between this experience and our previous experience? these prices have not declined in '73 it was followed by a price collapse, in '79 it was followed by a price collapse, in '81 it was followed by a price collapse. this has not happened. something has changed in the world petroleum markets. these prices are permanently higher. this is the basis for the incentives that are driving the bakken. you can talk all you like about tax incentives and i'm not against treating these symmetrically with every other form of production. i'm talking about oil and natural gas, but the point is that once you do treat them symmetrically, you've got to reckon with the fact that we've seen a sea change in the world petroleum market. we have prices that are seven times as high as they were as recently as 1988. that is the most relevant fact about incentives that we're here to discuss. >> can i respond? >> go right ahead. >> sure. >> dr. jorgenson picked the lowest year in histor
again, cushing, oklahoma, west texas intermediate, of $133.88. now what is the difference between this experience and our previous experience? these prices have not declined in '73 it was followed by a price collapse, in '79 it was followed by a price collapse, in '81 it was followed by a price collapse. this has not happened. something has changed in the world petroleum markets. these prices are permanently higher. this is the basis for the incentives that are driving the bakken. you can talk...
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back a couple of months to remember when oil prices spiked to one hundred ten dollars a barrel for west texas intermediate crude or one hundred twenty five dollars a barrel for brant crude that was in march and in the mainstream media and from u.s. politicians we heard a lot about those evil oil speculators but when oil prices fall more than twenty percent as they happen in recent weeks the analysis is just plain old supply and demand you don't hear a lot about it noise aside when you look at production since two thousand and six global crude output has pretty much been flat and you can see that more or less in this chart of opec crude oil production since two thousand and five it hasn't changed very much over the years and in fact today opec which is the organization of the petroleum exporting countries and which sees itself as the oil markets prime regulator they met and according to media reports members agreed to maintain their existing oil production agreement but they pointed to a possible emergency meeting should oil prices fall more let's get a sense of where we really are though what
back a couple of months to remember when oil prices spiked to one hundred ten dollars a barrel for west texas intermediate crude or one hundred twenty five dollars a barrel for brant crude that was in march and in the mainstream media and from u.s. politicians we heard a lot about those evil oil speculators but when oil prices fall more than twenty percent as they happen in recent weeks the analysis is just plain old supply and demand you don't hear a lot about it noise aside when you look at...
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Jun 4, 2012
06/12
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WMAR
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eye 190
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scattered thunderstorms from west texas to colorado.windy in the northwest. >> 60 in seattle 85 salt lake city. 101 in phoenix. mostly 80s from the twin cities to kansas city. it's 65 here in new york. 85 in atlanta. i just wrote something a little sophomoric to rob. >> you did. >> pluto is not a planet but uranus is fine. >>> tiger woods wakes up -- >> who names a planet uranus, by the way? >> very clever people. idiot tv anchors to joke about it. >>> tiger is waking up as the number four ranked golfer thanked fo a mast eerful performance. >> here's a shot everyone will remember from the rough. chipping in for birdie from 50 feet away on the 16th hole. he birdied three of the last four holes to secure his 73rd pga tour win. >> and that ties jack nicklaus for career tour victories. ironically enough, his tournament was basically created by nicklaus himself. tiger may be getting his groove back. that's good news. >> considering those circumstances, that was the best shot on the 16th that he's ever seen. but he still has a ways to go. jac
scattered thunderstorms from west texas to colorado.windy in the northwest. >> 60 in seattle 85 salt lake city. 101 in phoenix. mostly 80s from the twin cities to kansas city. it's 65 here in new york. 85 in atlanta. i just wrote something a little sophomoric to rob. >> you did. >> pluto is not a planet but uranus is fine. >>> tiger woods wakes up -- >> who names a planet uranus, by the way? >> very clever people. idiot tv anchors to joke about it....
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Jun 4, 2012
06/12
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WJLA
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eye 89
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scattered thunderstorms from west texas to colorado. rain and windy in northern california, the pacific northwest, and the northern r k rockie rockies. >> cool in the northwest and northeast. 90s from dallas to miami, phoenix, again, topping the century mark. doesn't look like they'll get a whole lot of relief there. >> sizzling out there. >>> still ahead, that propgsing possible break through in the battle against breast cancer. >>> new numbers from facebook might blow your mind. sky-high salaries for interns. >>> miss usa crowned overnight in sin city. >>> welcome back, everyone. getting back to the top stories. there's a selloff on overseas market this is morning following disappointing news from around the world, including the ongoing european debt crisis and concerns about china. topping the list of worries is the economic report for the u.s. for may. tokyo's nikkei average lost 145 points. hong kong's hang seng dropping 452. in london, the ftse is closed today. the do you fell 336 points and the nasdaq falling 90. >>> bank of amer
scattered thunderstorms from west texas to colorado. rain and windy in northern california, the pacific northwest, and the northern r k rockie rockies. >> cool in the northwest and northeast. 90s from dallas to miami, phoenix, again, topping the century mark. doesn't look like they'll get a whole lot of relief there. >> sizzling out there. >>> still ahead, that propgsing possible break through in the battle against breast cancer. >>> new numbers from facebook might...
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Jun 17, 2012
06/12
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WRC
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eye 228
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that impulse is going to combine with these showers and thunderstorms over parts of oklahoma and west texasg us our next small chance for rain, that will come up during the day on monday. as the much warmer and noticeably more humid air mass starts to move back in. there's that veil of high thin cloudiness for this evening. high pressure still in charge. mild to at times overnight stretch tonight. our cool night stretch is copping to an end. tomorrow morning, again a little on monday morning, not so bad. after that, things are going to start 20 warm up. there's our little rain chance starting to come if. that front is going to fall apart. great chances only about 30% here in town on your monday. high clouds, cool again, mild bayside, temperatures will be in the mid-60s. and then for tomorrow, sunny and comfortable, perfect weather. if you're driving down to the ocean foam, sunday and monday, sunday will be the better beach day, risk of a shower coming up monday afternoon. 81 for dad, 2 back to work on monday with a slight chance of a shower, the heat returns tuesday, and industrial strength
that impulse is going to combine with these showers and thunderstorms over parts of oklahoma and west texasg us our next small chance for rain, that will come up during the day on monday. as the much warmer and noticeably more humid air mass starts to move back in. there's that veil of high thin cloudiness for this evening. high pressure still in charge. mild to at times overnight stretch tonight. our cool night stretch is copping to an end. tomorrow morning, again a little on monday morning,...
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Jun 22, 2012
06/12
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KCSM
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eye 175
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the benchmark west texas intermediate crude oil futures fell below $80 per barrel for the first time for the first time since october 2011. the price closed at $2.08. market players sold on the mercantile exchange as manufacturing data from the u.s. and china came in weaker than what most analysts had expected. let's take a look at current prices. oil is currently fetching $78.4 a barrel. >>> oliympus is set to open tals with sony for a capital and business alliance. the japanese optical equipment maker is seeking around $625 million in the new funds from other companies. olympus posted a massive net loss in the business year through march after its former managers covered up a huge amount of investment losses over a number of years. to improve profitability, olympus plans to implement streamlining measures like consolidating its factories. it will also boost its endoscope and other medical units which are its main business. olympus aims to boost sales by 30% to $14.5 billion within five years. this would generate a net profit of about $1 billion. >>> now, if the talks with sony fail
the benchmark west texas intermediate crude oil futures fell below $80 per barrel for the first time for the first time since october 2011. the price closed at $2.08. market players sold on the mercantile exchange as manufacturing data from the u.s. and china came in weaker than what most analysts had expected. let's take a look at current prices. oil is currently fetching $78.4 a barrel. >>> oliympus is set to open tals with sony for a capital and business alliance. the japanese...
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Jun 1, 2012
06/12
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CNBC
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eye 128
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and west texas intermediate crude down about 3.75% on the trading session. for more details on that, mary thompson joins us to reset the market. it's an ugly day down here. >> it is and got uglier over the last 20 minutes or so. sue, during the president's speech, market hitting session lows. a trend set earlier today with the jobs report, dis appoiappoi data out of china and india as well. the dow jones industrial average as you mentioned downright now 232 points, but the index i've been watching throughout the day is the s&p 500. sue, you mentioned it early, breaking down technically. when we came into today's session the number to watch was 1284 in the s&p 500. that's its 200-day moving average. it's moved below that now and remains there. again, if it finishes below that, that would suggest further weakness to come for the s&p. now, it's been moving very closely along the lines of what the euro has been doing. we actually saw the euro pop on the jobs number, the bad jobs data here in the u.s. and when the euro erased some of its earlier gains, the s&p mo
and west texas intermediate crude down about 3.75% on the trading session. for more details on that, mary thompson joins us to reset the market. it's an ugly day down here. >> it is and got uglier over the last 20 minutes or so. sue, during the president's speech, market hitting session lows. a trend set earlier today with the jobs report, dis appoiappoi data out of china and india as well. the dow jones industrial average as you mentioned downright now 232 points, but the index i've been...
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145
Jun 4, 2012
06/12
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WMAR
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eye 145
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scattered thunderstorms from west texas to colorado. rain and windy in northern california, the pacific northwest, and the northern r k rockie rockies. >> cool in the northwest and northeast. 90s from dallas to miami, phoenix, again, topping the century mark. doesn't look like they'll get a whole lot of relief there. >> sizzling out there. >>> still ahead, that propgsing possible break through in the battle against breast cancer. >>> new numbers from facebook might blow your mind. sky-high salaries for interns. >>> miss usa crowned overnight in sin city. customer 1: a hot dog with relish and onions please customer 1: what's this? vendor 1: hotdog contract customer 1: what? customer 2: that's your standard two year hotdog contract vendor 1: one hotdog per day limit voiceover: hotdog's don't have contracts customer 1: but what if i want two hot dogs vendor 1: (laughs) vendor 2: hey uh uh very expensive voiceover: getting the internet should be like hotdogs get clear unlimited 4g take it with you internet with no long term contracts and no
scattered thunderstorms from west texas to colorado. rain and windy in northern california, the pacific northwest, and the northern r k rockie rockies. >> cool in the northwest and northeast. 90s from dallas to miami, phoenix, again, topping the century mark. doesn't look like they'll get a whole lot of relief there. >> sizzling out there. >>> still ahead, that propgsing possible break through in the battle against breast cancer. >>> new numbers from facebook might...
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Jun 14, 2012
06/12
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KGO
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eye 270
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upper 90s and triple-digits from west texas to phoenix. >>> and when we come back on "america this morning," damaging hail takes a toll on texas overnight. we're going to show you. >> amazing video there. >>> and then, the jetblue passengers who saw their pilot have a midair meltdown. now, they're taking legal action after that frightening experience. >>> and claims that the "house hunters" reality tv show isn't reality at all. stay with us. >>> welcome back, everyone. and just because gas prices are dropping doesn't mean americans are shopping more. retail sales rose only slightly in may. although, sales of big-ticket items like cars and lines. s, fared better. economists blame a lack of confidence about jobs. >>> at the same time, more americans face the threat of losing their homes. foreclosure filings rose 9% last month. that's the first monthly increase in more than two years. the pace is picking up, now, since a major lawsuit between banks and states has been settled. >>> well, homeowners may not be as confident. but corporations certainly are with the economy improving. many compani
upper 90s and triple-digits from west texas to phoenix. >>> and when we come back on "america this morning," damaging hail takes a toll on texas overnight. we're going to show you. >> amazing video there. >>> and then, the jetblue passengers who saw their pilot have a midair meltdown. now, they're taking legal action after that frightening experience. >>> and claims that the "house hunters" reality tv show isn't reality at all. stay with us....
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Jun 14, 2012
06/12
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WMAR
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eye 77
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upper 90s and triple-digits from west texas to phoenix. >>> and when we come back on "america this morning," damaging hail takes a toll on texas overnight. we're going to show you. >> amazing video there. >>> and then, the jetblue passengers who saw their pilot have a midair meltdown. now, they're taking legal action after that frightening experience. >>> and claims that the "house hunters" reality tv show isn't reality at all. stay with us. i've always looked up to my brother. he doesn't look like a heart attack patient. i was teaching a martial arts class and it hit me. we get to the emergency room... and then...and then they just wheeled him away. i had to come to that realization that "wow, i am having a heart attack." i can't punch this away. i'm on a bayer aspirin regimen. [ male announcer ] aspirin is not appropriate for everyone. so be sure to talk to you doctor before you begin an aspirin regimen. i'm a fighter and nowadays i don't have that fear. [ male announcer ] learn how to protect your heart at i am proheart on facebook. would you mind if to bes i go ahead of you?omer.fear.
upper 90s and triple-digits from west texas to phoenix. >>> and when we come back on "america this morning," damaging hail takes a toll on texas overnight. we're going to show you. >> amazing video there. >>> and then, the jetblue passengers who saw their pilot have a midair meltdown. now, they're taking legal action after that frightening experience. >>> and claims that the "house hunters" reality tv show isn't reality at all. stay with us....
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Jun 26, 2012
06/12
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CSPAN3
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eye 162
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obama is using the epa to go after drilling in west texas. as the solicitor gen dwral in texas i stood up and argued the endangered species act was unconstitutional as it applied to an arroyo toad that had never crossed state lines. >> thank you. >> we need a fighter who hasn't just talked but walked the walk. >> thank you. richard, are you satisfied with their answers? >> good answer, thank you. >> shelley? >> thank you very much. my question goes to ted cruz. mr. cruz, you support the construction of the keystone pipeline that would transport tar sands oil to texas refineries. number of texas landowners however oppose the company's using eminent domain to forcefully route that pipeline through their private property. should the pipeline companies be able to override the landowners by using eminent domain? >> that's ultimately a question for state law to determine. i think, i am disturbed about eminent domain abuse because i think private property rights are fundamental to who we are as americans and who we are as texans. the problem isn't em
obama is using the epa to go after drilling in west texas. as the solicitor gen dwral in texas i stood up and argued the endangered species act was unconstitutional as it applied to an arroyo toad that had never crossed state lines. >> thank you. >> we need a fighter who hasn't just talked but walked the walk. >> thank you. richard, are you satisfied with their answers? >> good answer, thank you. >> shelley? >> thank you very much. my question goes to ted...
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Jun 13, 2012
06/12
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WGN
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eye 300
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out of canada might affect us beyond that look at this radar action to the west says colorado to the north parts of mexico and texasorted west central texas no damage no injuries reported thunderstorm cluster eastern texas getting a big chunk of the nation's action today a look at this a lot of rainfall up and down the east coast sun and barr some very powerful thunderstorms and this is a frost advisory upper peninsula in northern wisconsin and michigan here is the forecast tonight not that cold here looking at mostly clear skies slight lake breeze low temperature between 54-6060 down by the lake tomorrow partly cloudy in the afternoon should have sunshine in deep mourning high-temperature rainfall this cooler a lot of the lakefront tomorrow night or early cloudiness wind with low temperature fairly cool 53-60 and thursday comfortably warming into the 80's. should be cloud sot mix out there may be very slight chance of a shower in a spot or two frankly the air is so dry did not see this making it to the crowd anyway. unfortunately we need to the rainfall probably will not see any for awhile there is one day we will
out of canada might affect us beyond that look at this radar action to the west says colorado to the north parts of mexico and texasorted west central texas no damage no injuries reported thunderstorm cluster eastern texas getting a big chunk of the nation's action today a look at this a lot of rainfall up and down the east coast sun and barr some very powerful thunderstorms and this is a frost advisory upper peninsula in northern wisconsin and michigan here is the forecast tonight not that...
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Jun 29, 2012
06/12
by
CNBC
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eye 334
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west texas crude. stick around, eric schmidt will sit down with us, find out if they can tough it out against apple, amazon, and now microsoft. we're live from the aspen ideas festival. ♪ [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offs through mercedes-benz financial services. and how much the people in your life count on you. that's why we offer accident forgiveness... man: great job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life.
west texas crude. stick around, eric schmidt will sit down with us, find out if they can tough it out against apple, amazon, and now microsoft. we're live from the aspen ideas festival. ♪ [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offs through mercedes-benz financial services. and...
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Jun 28, 2012
06/12
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CNBC
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we also want to point out that wti, west texas intermediate is down 24% for the second quarter with one. that would be the poorest quarterly performance since the last quarter of 2008. guys, back to you. >> thank you, mary. health care stocks trading about three to four times their daily volume today on the supreme court's health care law decision. health insurers taking a hit today. here is a look at some of the health insurers. >> and that includes our next guest, aetna, who was down a few percent today. joining us, mark bertolini is back with us, mark, welcome back. >> good to see you. >> i vfsing thwas having this d other day. if they uphold the mandate, that would be good for insurers because you would have a captive audience that has to use your product, because because of competition, it might hurt your margins, how do you read this ruling from the supreme court and the impact on your business? >> our read is it's largely irrelevant to th strategy as an organization. we have to get the cost of health care more affordable and more simple, so when the exchanging do come out, one of
we also want to point out that wti, west texas intermediate is down 24% for the second quarter with one. that would be the poorest quarterly performance since the last quarter of 2008. guys, back to you. >> thank you, mary. health care stocks trading about three to four times their daily volume today on the supreme court's health care law decision. health insurers taking a hit today. here is a look at some of the health insurers. >> and that includes our next guest, aetna, who was...
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Jun 27, 2012
06/12
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CNBC
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eye 138
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and west texas crude up $1.17. it is not analyst day but it may as well be for facebook. more than a dozen firms, firms that underwrote the stock came out today with their initial notes. most with a fairly bullish outlook for that company. now, investors may not be buying it because the stock right now is sort of becalmed. down 1.3% at $32.67. more on facebook, but first, let's go to sue at the nyse. >> yeah. we pick up right there, in fact, ty. one of the analysts with a fresh new note on book is on day of our bc capital markets with an outperform rating on facebook with a $40 price target. welcome. nice to see you. >> hello, sue. thank you very much. >> in reading your note, you say there are four primary reasons to own or buy facebook right now. tell me what they are. >> it starts off with the 900 million active users. this is the asset we are talking about. secondly is the opportunity that they face. this is a highly engaged asset base and a lean structure market or a business structure, rather, where the revenue per head count is higher than anyone else on the street
and west texas crude up $1.17. it is not analyst day but it may as well be for facebook. more than a dozen firms, firms that underwrote the stock came out today with their initial notes. most with a fairly bullish outlook for that company. now, investors may not be buying it because the stock right now is sort of becalmed. down 1.3% at $32.67. more on facebook, but first, let's go to sue at the nyse. >> yeah. we pick up right there, in fact, ty. one of the analysts with a fresh new note...
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Jun 20, 2012
06/12
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CNBC
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eye 202
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west texas wouldn't be at 82. think sandridge is hard to own here. of chatter that maybe they will step up and buy chesapeake. that's untrue. oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. see your lexus dealer. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80
west texas wouldn't be at 82. think sandridge is hard to own here. of chatter that maybe they will step up and buy chesapeake. that's untrue. oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in...
200
200
Jun 21, 2012
06/12
by
CNBC
tv
eye 200
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west texas wouldn't be at 82. think sandridge is hard to own here.ot of chatter that maybe they will step up and buy chesapeake. that's untrue. it is a hold. you have to believe oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. trade commission-free for 60 days, [ donovan ] and i thought "i can't do this, it's just too hard." then there was a moment. when i decided to find a way to keep going. go for olympic gold and go to college too. [ male announcer ] every day we help students earn their bachel
west texas wouldn't be at 82. think sandridge is hard to own here.ot of chatter that maybe they will step up and buy chesapeake. that's untrue. it is a hold. you have to believe oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies...
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168
Jun 21, 2012
06/12
by
WBAL
tv
eye 168
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west texas wouldn't be at 82. think sandridge is hard to own here.f chatter that maybe they will step up and buy chesapeake. that's untrue. it is a hold. you have to believe oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. >> announcer: when wall street hits turbulence. turn to a pilot with 30 years of market experience. >> ladies and gentlemen, this is your captain speaking. please fasten your seat belts. >> announcer: "mad money" with jim cramer. cnbc weeknights. >>> when i tell you i think you should own
west texas wouldn't be at 82. think sandridge is hard to own here.f chatter that maybe they will step up and buy chesapeake. that's untrue. it is a hold. you have to believe oil will go right back up in order to use it. it's just too low. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...(...
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148
Jun 29, 2012
06/12
by
CNBC
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eye 148
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look at west texas crude. something kilberg talked about earlier.8%. >>> it's not just stock prices moving higher. gold prices having a significant gain today. sharon epperson is tracking the rally. >> it's biggest rally of many commodities and metals and gold prices on a tear today, up over 50 bucks settling here above $1,600 an ounce. keep in mind, of course, a lot of reaction to the deal in the eu and the fact that we're also seeing the end of the quarter and a pretty bad quarter, actually, for many commodities, as well. might be position squaring, as well, going on here. we are looking at silver up 5%. copper up over 5%. palladium and platinum up, as well. gold is set to be down significantly in the quarter. we have also seen a bit of a loss here in the holdings in the gld. it is down slightly, down about .5 or so after having gained 32 tons over the previous 3 months and looking at what we have seen of liquidation in the gold market, sue, but right now there is a rally on and depends on china news over the weekend. traders say whether the rally
look at west texas crude. something kilberg talked about earlier.8%. >>> it's not just stock prices moving higher. gold prices having a significant gain today. sharon epperson is tracking the rally. >> it's biggest rally of many commodities and metals and gold prices on a tear today, up over 50 bucks settling here above $1,600 an ounce. keep in mind, of course, a lot of reaction to the deal in the eu and the fact that we're also seeing the end of the quarter and a pretty bad...
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216
Jun 23, 2012
06/12
by
WMAR
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eye 216
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it takes due west towards texas. >> even though the past heads west what are we talking about for rain and where? >> look at computer model, we call them spaghetti models, florida gets inundated. i want to milwaukee a note. anywhere from brownsville to tampa making news. >> you're also following the weather headline on the fire, and newest sparked by a gunshot? >> that's right. one gunshot enough to spark a wildfire. >> just won't quit. utah, colorado, nevada. the summer scrapbook nobody wants to remember. look at this map. seven states with 15 large fires, in northern utah, flames are creeping closer to the 2,000 evacuated homes. >> it's getting a little too close for comfort. >> reporter: guess what started it? a single bullet. a target shooter hit a rock, sparks went flying into a landfa landfill, and boom, wildfire. >> i wish people would be more careful. >> reporter: extreme heat, high winds and low humidity. >> tough day for firefighters. >> reporter: especially for colorado evacuees who were let back into their homes only to be forced out again. >> i have complete peace, if anyt
it takes due west towards texas. >> even though the past heads west what are we talking about for rain and where? >> look at computer model, we call them spaghetti models, florida gets inundated. i want to milwaukee a note. anywhere from brownsville to tampa making news. >> you're also following the weather headline on the fire, and newest sparked by a gunshot? >> that's right. one gunshot enough to spark a wildfire. >> just won't quit. utah, colorado, nevada. the...
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129
Jun 14, 2012
06/12
by
CNBC
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eye 129
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let's find out more as we look at the oil board there and west texas intermediate at 83.77. kelly evans is live for us now in vienna. kelly? >> reporter: yeah. reuters reporting that the meeting just behind me will say that there's no decision to change output levels from the current 30 million barrel ceiling agreed to in december. but the feeling outside here is restless. we've got security guards waiting over here by the stand. we have reporters here and analysts. everyone's wondering what's taking so long. the reports initially coming out a couple of hours ago and now meeting for four hours. two hours since they could have come out with a statement and still waiting here. it's possible what's holding things up is talks over the next secretary-general and there's politics involved with regards to the next minister. whether it's an iraqi, someone from ecuador or someone else. that could be a reason why we haven't seen a statement come out of the meeting yet, why they're still meeting. we're hoping it's within the next couple of minutes. we can't tell you much more other tha
let's find out more as we look at the oil board there and west texas intermediate at 83.77. kelly evans is live for us now in vienna. kelly? >> reporter: yeah. reuters reporting that the meeting just behind me will say that there's no decision to change output levels from the current 30 million barrel ceiling agreed to in december. but the feeling outside here is restless. we've got security guards waiting over here by the stand. we have reporters here and analysts. everyone's wondering...
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Jun 4, 2012
06/12
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now it is in the 80s for west texas. copper, $4 a pound, now 3.20 a pound. i don't know how it is priced into the markets. >> that's true. is this an indication that china is slowing down more than anyone thought and the demand is drying up? >> it could be. but don't forget the dollar has been on the rise too. we have seen commodities fall off the table. i think it is great for american manufacturers and export, when those costs go down dramatically, they are able to find some more margin. and that's what we really need to see. >> a dollar is not going down because the federal reserve didn't, the dollar is going down because of the collapse in the eurozone. when is it going to be bad, what's going on with the dollar, what is going on with commodities. it is signaling the deflation depression that we are finding ourselves headed towards. >> you don't think the price of oil bill is a positive for this market. that's like the only positive i see out there. >> when is it just bad? >> lately oil worked in lock step with our stock market. it has been a leader in t
now it is in the 80s for west texas. copper, $4 a pound, now 3.20 a pound. i don't know how it is priced into the markets. >> that's true. is this an indication that china is slowing down more than anyone thought and the demand is drying up? >> it could be. but don't forget the dollar has been on the rise too. we have seen commodities fall off the table. i think it is great for american manufacturers and export, when those costs go down dramatically, they are able to find some more...
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Jun 4, 2012
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anthropology teacher at the university of texas who had spent five years amongst the apaches in west texas for his graduate work. and he used both their example and the example through ages of saying, through the long history of human beings, we have accomplished more by cooperation, than we have by competition. and it seems to me that's the truth that progressives or liberals or whomever you want to call them see that conservatives don't. >> but cooperation and competition are opposite sides of the same coin. and we've gotten this far because we cooperate to compete. so you can say that liberals are more accurate or in touch with how the system works. but i would say they're more in touch with some aspects of how systems go awry and oppress some people, ignore other people. liberals see some aspects of where the social system breaks down. and conservatives see others. you have to have consequences following bad behavior. that is as basic an aspect of system design as any. and that's one where conservatives see it much more clearly than liberals. i think i'm a centrist, in terms of liberal
anthropology teacher at the university of texas who had spent five years amongst the apaches in west texas for his graduate work. and he used both their example and the example through ages of saying, through the long history of human beings, we have accomplished more by cooperation, than we have by competition. and it seems to me that's the truth that progressives or liberals or whomever you want to call them see that conservatives don't. >> but cooperation and competition are opposite...
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Jun 22, 2012
06/12
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CNBC
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gold after a big move yesterday of course was all over the map this morning, it's up $1.50 and west texas intermediate is up $1.52. financials today after the downgrade yesterday, citigroup, bank of america, jpmorgan chase on the plus side. goldman sachs down about a half a percent. wells fargo which was not involved in the downgrade by moody's yesterday is up almost 1.25%. one reason for the uptick is that there's no terrible news today at least from the eurozone, eu finance ministers holding that mini summit today ahead of the bigger meeting next week. simon hobbs is here. good to see you, simon. break it down for us because there were a lot of different headlines from all the major ministers out there. >> yes, heads of state is what we're focused on is the four heads of state meeting in rome today and we have a problem and let me explain to you why that is. the game that they're playing, the way they think they can calm the markets is the end of next week, thursday and friday when the 27 leaders get together they will effectively come up with a grand plan to be more fiscally integrated
gold after a big move yesterday of course was all over the map this morning, it's up $1.50 and west texas intermediate is up $1.52. financials today after the downgrade yesterday, citigroup, bank of america, jpmorgan chase on the plus side. goldman sachs down about a half a percent. wells fargo which was not involved in the downgrade by moody's yesterday is up almost 1.25%. one reason for the uptick is that there's no terrible news today at least from the eurozone, eu finance ministers holding...
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Jun 14, 2012
06/12
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WMAR
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upper 90s and triple digits from west texas over to phoenix. >>> well, pitching a perfect game is raret has happened twice this, how is that again? that's right. no walks. >> i'm exhausted. >> no walks, no hits. no nothing. giants' pitcher matt cain threw the game against the houston astros last night in san francisco. >> the 22nd perfect game main -- in major league history and the first ever. the giants came through, 125 pitches, striking out 14. matt cain is on his way into baseball history. congratulations to that man. joining very good company. >> 22. one of the rarest feats in all of sports. the difference between a no hitter and perfect game, a no hitter you can still walk the batter. but a perfect game, no hits. no walks. >> congratulations to him. impressive. >> yes, he cain! >> he -- >> you're good, paula. >> i didn't want to say cain is able. that's been used a lot. typical of us, right? >> yeah, yeah. this hour, say what you want. >> now to our favorite story of the day -- boys behaving badly. >> i knew you forgot. i went for it quick. it's all right. >> you wouldn't believ
upper 90s and triple digits from west texas over to phoenix. >>> well, pitching a perfect game is raret has happened twice this, how is that again? that's right. no walks. >> i'm exhausted. >> no walks, no hits. no nothing. giants' pitcher matt cain threw the game against the houston astros last night in san francisco. >> the 22nd perfect game main -- in major league history and the first ever. the giants came through, 125 pitches, striking out 14. matt cain is on his...
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Jun 24, 2012
06/12
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texas to florida. the outer rain bands especially pounding florida right now. some strengthening rather is expected. the track's far from certain but right now it looks like it's trying to go west to texas. the sustained winds are at 50 miles per hour and gusting up to 65 but for the next few days really not going anywhere. right now temperatures 74 in arlington. 80 downtown. lower 70s in college park and great falls you're also at right around 70 degrees. oak city, looks pretty good right now, mid 60s if you're going to the beach this weekend. they got pounded with some rain and storms yesterday. and it is 73 up north in hagerstown. here's a look at the national satellite and radar picture where again florida really getting sounded with heavy rains because of tropical storm debby but in the mid-atlantic thanks to high pressure we have a break from the humidity with the cold front coming through yesterday and looking far great sunday start. want to get the ride in? do it. because it will be cool and low humidity to start the day. afternoon evening showers and thunderstorms are possible and monday also a better chance of showers and thunderstorms with the cold front coming throu
texas to florida. the outer rain bands especially pounding florida right now. some strengthening rather is expected. the track's far from certain but right now it looks like it's trying to go west to texas. the sustained winds are at 50 miles per hour and gusting up to 65 but for the next few days really not going anywhere. right now temperatures 74 in arlington. 80 downtown. lower 70s in college park and great falls you're also at right around 70 degrees. oak city, looks pretty good right now,...
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Jun 28, 2012
06/12
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comes after four or five days where we see west texas intermediary crude below $80. year note is seeing a lower yield today. prices have gone to up as investors have been a little bit concerned about stocks around the globe. the yield on the ten year is at 1.599%. the dollar is strongerence the euro and swiss franc. gold prices are down by about $10. right now 1,569.80 an ounce. >> joining us now is chief oil analyst. and standing by at the cme, ira harris. how low can crude oil go, west texas intermediate before opec steps in and reinflapts price snoops we're already at very defendable prices right now and there's nothing magical about $80 or $90. we're within a few percentage points. that doesn't mean people will delever and oversell. but we're much closer to the low than we were at any point. >> giving the drilling boom happening in america does opec even now have the power to move the needle more than a couple of bucks on a barrel of crude? >> they have the power to move the international price. they have the power move to the brent price, west africa or saudi pr
comes after four or five days where we see west texas intermediary crude below $80. year note is seeing a lower yield today. prices have gone to up as investors have been a little bit concerned about stocks around the globe. the yield on the ten year is at 1.599%. the dollar is strongerence the euro and swiss franc. gold prices are down by about $10. right now 1,569.80 an ounce. >> joining us now is chief oil analyst. and standing by at the cme, ira harris. how low can crude oil go, west...
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Jun 4, 2012
06/12
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west texas crude sinking to eight month lows while brent at levels last seen in january. >> speaking of energy, chesapeake bows before icahn. aubrey mcclendon will remain ceo. the journal looks at how the energy giant bungled their hedges on nat gas. >>> the dow in tnegative territory for the year. worries about a slowdown in the u.s. now putting the fed back in the spotlight. the watch is on to see if the chairman of the fed, ben bernanke, and his fellow policymakers will put more qe on the table when he speaks. jim, before the senate banking committee on thursday, 10:00 a.m. talk about tv ratings. that's going to get a number. >> true. but he's a pitiful helpless giant at this point. because the market is doing his job. i expect that the 10-year will go to 1%. that's where it is in germany. no reason to think ours won't. >> that's a bombshell of a prediction. >> really? i made it last night and no one even blinked. geez. people were watching "mad men." apparently "mad men" is a good episode. >> why? >> the money is flowing here like there's no tomorrow. i really feel that what's ha
west texas crude sinking to eight month lows while brent at levels last seen in january. >> speaking of energy, chesapeake bows before icahn. aubrey mcclendon will remain ceo. the journal looks at how the energy giant bungled their hedges on nat gas. >>> the dow in tnegative territory for the year. worries about a slowdown in the u.s. now putting the fed back in the spotlight. the watch is on to see if the chairman of the fed, ben bernanke, and his fellow policymakers will put...
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Jun 13, 2012
06/12
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CSPAN2
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with the price of june 2008, again, cushing, oklahoma, west texas intermediate, $138.88. what is the difference between this experience in her previous experience? these prices have not declined. in 1973, it was followed by price collapse. in 1979 and 1980, it was followed by a price collapse. something has changed in the petroleum markets. these prices are permanently higher. this is the basis for the incentives that are driving the market. you can talk all you like about tax incentives. and i'm not against treating these symmetrically with every other form of production. i'm talking about oil and natural gas. the point is, that once you do treat them symmetrically, you have to reckon with the fact that we have seen a sea change in the world petroleum market. we have prices that are seven times the size they were as recently as 1998. that is the most relevant fact about incentives that we are here to discuss. >> may i respond? >> go ahead, sir. >> doctor jorgensen pick the lowest year history, almost, if anybody remembers that, 1988, is when our friends from venezuela wa
with the price of june 2008, again, cushing, oklahoma, west texas intermediate, $138.88. what is the difference between this experience in her previous experience? these prices have not declined. in 1973, it was followed by price collapse. in 1979 and 1980, it was followed by a price collapse. something has changed in the petroleum markets. these prices are permanently higher. this is the basis for the incentives that are driving the market. you can talk all you like about tax incentives. and...
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Jun 24, 2012
06/12
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WBAL
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the predominant thought is that it will head west toward the texas coast off of houston.t could be a category 1 storm. so we will see what happens with debbie. tonight, not very tropical- feeling. tomorrow, we will see an increase in clouds. toward the late afternoon or evening, maybe a thundershower. as we get toward sunset, that goes up a little bit. southwest wind at about 5 miles per hour to 10 miles per hour in the day, a one-foot shop by sunday night. this rain is coming in in two ways. one will be at 8:00 p.m. still fairly dry, but we will get one wave of showers. on monday morning, another way it goes through. by later in the afternoon, that pulls out of the picture. high tomorrow and 88 degrees, most of the bay drive could toward the end of the day, maybe a son -- a thundershower. by monday, the rain chances go up. on tuesday, wednesday, and thursday, drive with tortures in the low-to-mid-80's. temperatures in the low- to-mid-80's. >> tonight, another close one. defense could have been better. we will show you who came out on top next in sports. >> it is america'
the predominant thought is that it will head west toward the texas coast off of houston.t could be a category 1 storm. so we will see what happens with debbie. tonight, not very tropical- feeling. tomorrow, we will see an increase in clouds. toward the late afternoon or evening, maybe a thundershower. as we get toward sunset, that goes up a little bit. southwest wind at about 5 miles per hour to 10 miles per hour in the day, a one-foot shop by sunday night. this rain is coming in in two ways....