you keep hollering about your from west texas -- >> guest: and we hug in west texas. that's what hugged the ship on the way up and we're good friends, you guys need to try to work together instead of try te more political and controversial with each other. she held her hand out for quite a while and it didn't show when i was watching that you reached your hand up and shirkers, i will confirm they hug and those made after they went to a break. try to i think at the sheriff came back on she would tell you, look, i don't think any of my colleagues that you talk to witt say anything but respectful to them. and again being from west texas we are taught to love our neighbor. were taught to treat everybody with mutual respect. whether you're a democrat going independent or a socialist, you are elected by the people if you're here in the united states congress. and that's how i conduct my business. you know, i was part of leading the effort in our russian class to make restoring civility in our political discourse. i have seen, because i believe if you have a climate of stabi

we worked in the oilfields in texas, west texas, permian basin, and then out to california to some of. we're talking maybe a month at a time, two months, and it was very good advice, and i learned a lot. it was great training, and then they said we want you to go back to midland. there's a city salesman. i was a lousy salesman for that. then i branched off on my own. >> and that was when i made a living, in the offshore drilling business. we were innovators to the degree that we were the first ones to use the laterno design jack up rigs. >> as the construction starts, the giant tanks that will rest on the ocean bottom are assembled at the construction site. these tanks enable the platform to operate on relatively soft ocean bottoms. >> can you tell me how you chose the name zapata for your oil company? >> yeah, it was very, very serious thinking, a movie came through town called viva zapata with marlon brandon. we wanted a company that started with an a or a z in the phone book. anyway, how about zapata, so we called it zapata. >> why did you leave your extremely successful business t

caller: you keep hollering about being from west texas. guest: we hug in west texas.ou guys need to try to work together instead of being more political and controversial with each other. host: i will confirm that they hugged and that was after we went to a break. guest: if the sheriff came back on, she would tell you. i don't think any of my colleagues you would talk to would say anything except respectful to them and again, being from west texas, we are taught to love our neighbor, we are taught to treat everybody with mutual respect. whether you are a democrat or an independent or socialist, you were elected by the people in the united states congress and that is how i conduct my business. i was part of leading the effort in our freshman class to make restoring civility in our political discourse our theme because i believe if you have a climate of civility, it will create friendships and friendships will breed bipartisan solutions to some of the problems our country faces. that is why seven of the eight bills i introduced were introduced with a democrat. i have th

of what they called the of west texas and the bush family lived at 20 miles away. 20 miles away. president bush, then just george, was running for congress and we were doing a fundraiser over in a gas. my brother and my sister sang a few songs and supporters a barbecue and drink beer and told stories and their george and his wife barbara, they gave a wonderful speech as to why he thought he would appreciate their support and that was the first time we met them. 18 years later when he lost that election, by the way, for it congress, that 18 years later when he and president reagan we re later when he and president reagan were elected i walked over to human celebrating their victory and i walked over, on my way he said hey, you are one of those snobby and those boys i met 20 years ago! we had a little success in the meantime but this was the first time we had met. we are old and dear friends and it was a great loss to our country but it was a life well lived, one that was a blessing to many people. i have written an op—ed that will be on another channel, fox news .co

now, we take a haok at how art and culturs brought new wealth, and newes challeto a tiny town in west texasfrey brown has thar report. it'sof our series, "american creato." >> brown: welcome to marfa, texas. dusty ranchlands surrounng a tiny rural town near the mexican border. and, an internationally-renowned art mecca. it's sometimes weird, often wonderful, definitely far off the beaten path, some three hours from the nearest major airport. >> you can get from new york to paris, seated and eating dinner, faster than you can get from new york to marfa. so you got to make the commitment to come here. >> brown: jenny moore is director of the chinati foundationa sprawling museum created from an old army fort on 340 acres. >> you have time here. you're aware of the passage of time by the sun arching across the sky. you don't get that in a lot of places. and i think people who are open to that experience, settle into it.an they find the inspiration of that. >> brown: chinati, and the whole marfa phenomenon, began with the arrival here in the 1970s of artist donald judd, a leadingn figureat becam

bush: i was living in west texas when he was in the senate. people forget that. i was not working his campaigns. my brothers were. i was in west texas working for a living. i could not go back there. while he was in the senate. i learned respect for the institution. my dad said, lyndon johnson is a great leader because his word is good. tells me his vote is going to be at 10:00, it will be at 10:00. there is a certain civility in the senate. i learned more about that than i did about any legislation. brian: there is a picture in your library downstairs. people talk about it a lot. it is when lyndon johnson for space. when lyndon johnson left the air force space. why did you go there to say goodbye to a democrat? pres. bush: i was a junior texas congressman. lyndon johnson was a senior political figure. he had been elected president of the united states. at the suggestion of a woman who youed for me, she said, want to go out there, and pay your respects. him on almosth every initiative. but i went out there and stood in line. by, could walked hardly believe it. he

shale and west texas and new mexico is taking off.argely people think that's going to continue to be the case with increasing amounts of u.s. crude going back to port. >> okay. oil and gas reporter, rachel, in houston. thanks for updating us. let's get to singapore and speak. thanks for joining us today. first off, i just want to get your reaction to what has not been happening in vienna. opec has hadised such trouble coming to an agreement? paul.d morning, my first reaction was surprise. i think the reaction for a lot of market participants was also a bit of disappointment, because been livinget has with so much uncertainty, not just this week but over the past several weeks. we've seen quite a departure from the past. when i mean the past, the past we have seen this opec, non-opec alliance rather well and efficiently. but if you take a step back, i not soay now i'm surprised, because the day after day after analysis, if you will, with a little bit that whatht, is you're seeing is a completely new structure emerge here. power, balanc

i was in west texas working for a living. i could not go back there. once in a while, i would be a guest in the senate as his guest. i learned respect for the institution. my dad said, lyndon johnson is a great leader because his word is good. scheduling legislation. he tells me his vote is going to be at 10:00, it will be at 10:00. there is a certain civility in the senate. that dad respected and contributed to. i learned more about that than i did about any legislation. brian: there is a picture in your library downstairs. people talk about it a lot. in 1969 probably when lyndon johnson left from andrews air force base. why did you go there to say goodbye to a democrat? pres. bush: i was a junior texas congressman. lyndon johnson was a senior political figure. a texan who had been elected president of the united states. at the suggestion of a woman who me.work -- who worked for i wish i had thought of it. she said, you want to go out there, and pay your respects. i differed with him on almost every legislative initiative. but i went out there and sto

first to west texas before settling in houston.e returned here after his presidency and became part of the fabric of the community. >> for those of us in houston, he wasn't just a president. he was our neighbor. >> reporter: houston mayor turner keps a picture of himself with the president on his desk. the president was always ready to use his considerable platform to help his adopted hometown. most notably after hurricane katrina and after hurricane harvey. >> he embraced the city, and the city has embraced him back. >> reporter: the city of houston plans to honor the late president with a tribute concert tomorrow. and since the president was known to wear colorful socks, they're asking people to bring a pair to donate to the needy. jeff? >> that's pretty good. omar, thank you. >>> the "cbs overnights n news" will be right back. ♪ >>> this is the "cbs overnight news." >> president trump has offered kind words of former president bush. in sharp contrast to some past contrast to some words about the bush family. weijia jiang has mor

in 1952 in 1956 i was in west texas and could not go back there. once in a while i went as a guest of the senate. i learned respect for the us at touche and. i remember him saying lyndon johnson is a great leader. because his word is good. scheduling legislation. he says the vote to be a 10:00, it will be a 10:00. there was a civility and the senate that they respected and contributed to. i learned more about that than i did any legislative initiative. picture people talk about, in 1969 probably when lyndon johnson left the air force base and you cannot tell who everyone is in the picture, but it looks like a lot of democrats and one republican. why did you go out there to say goodbye to democrat? george h.w.: i was a junior texas congressman. he was a senior political figure, texan who would been elected president. i thought it was a suggestion of a woman at work. i wish i could say i thought of it. she worked for democrats and republicans and said you want to go out there. to want to pay your respects him as he leaves office. him on the most ever

they can't get the price we see for west texas canada can't that doesn't menecessarily -- te can getmight be the big winner in that >> we have tremendous -- you look at canada, the western canadian select, and we have tremendous pipeline space to bring that crude into our mid con. we take it to gariville and gel ves ton bay refineries the same thing from the permian. as you know, we are looking at new big pipelines to take the permian crude to our galveston bay refinery and to western texas export facilities. >> you have a lot of different places you have a mexican strategy. you also -- a gigantic store - >> we do with this combination of speedway and taking over the endeavor, we will have 4,000 speedways coast to coast we are going to sell the speedway and marathon brand about 16 billion gallons per year we will have tremendous exposure all the way to the consumer. that's where we really believe our integrated model makes a difference in the marketplace. >> you have a 2019 business plan where you say west texas intermediate $54 how did you arrive at that two, what do the opec means

i was in west texas working for a living. i could not go back there. once in a while, i would go as a guest, as his guest they are. i learned respect for the institution. lyndonber my dad saying, johnson is a great leader and the reason he is is because his word is good. he tells me his vote is going to be at 10:00, it will be at 10:00. there was a certain civility in the senate that dad respected and contributed to a. . i learned more about that than i did about any legislation. brian: there is a picture in your library downstairs probably from 1969. people talk about it a lot. it is when lyndon johnson left the air force space. why did you go out there to the airport to say goodbye to a democrat? pres. bush: i was a junior texas congressman. lyndon johnson was a senior political figure. a texan who he had been elected president of the united states. it was the suggestion of a woman who worked for me. i wish i could say i thought of it. she said, you ought to be out there to pay your respects to lyndon johnson. i differed with him on almost every legi

to look at different fracking locations across west texas and north dakota, to look at, has this groundn disturbed? is it being prepped for drilling? are we seeing an increase in activity in those locations? to be able to do that at scale and synthesize it into more distilled data that can be given -- delivered down directly next to some of the oil storage data. alix: now it is prices get higher, production goes down. it is all connected. it is very different from when you were trading. andy: what has changed in the past five to 10 years, its oil supply and demand have become more price elastic. it used to be on the supply side of the equation, you can predict with some confidence what the future supply was going to be outside of global political events. planned fivewere or even 10 years in the future. once the decision had been made to go ahead with that investment, it was going to go ahead. it was not going to change as a consequence of changing prices. today, the vast majority of growth in oil production is coming from shale oil. and that is price responsive. it is the result of thou

bush: not much, because i was living in west texas when he was in the senate. and people forget that, so i wasn't in his campaigns. my brothers were. they worked their heart out for him. so did my sister. but in 1952 in 1956 i was in west texas, working for a living . i couldn't go back there. but once in a while i went as a guest of the senate. his guest there. and i learned respect for the institution. i remember my dad saying, lyndon johnson is such a great leader and the reason he is is because his word is good. scheduling legislation. he tells me son, that his vote , will be at 10:00, it will be at 10:00. and there was a certain civility in the senate that dad respected and contributed to, so i learned more about that than i did about any legislative initiative. brian: there is a picture in your library people talk about from 1969 when lyndon johnson left andrews air force base, and you can't tell who everybody is but it looks like an awful lot of democrats and one republican in your hand is trying to shake his hand. why did you go out there? pres. bush: i

.: not much, because i was living in west texas when he was in the senate. people forget that, so i was not in his campaigns. my brothers were. they were for their heart out for him. so did my sister. but in 1952 in 1956 i was in west texas, working for a living in missouri could not go back there. but once in a while i went as a guest of the senate. his guest, there i learned respect for the us at the institution. i remember him saying lyndon johnson is a great leader. because his word is good. scheduling legislation. he says the vote to be a 10:00, it will be a 10:00. there was a civility and the senate that they respected and contributed to. i learned more about that than i did any legislative initiative. >> there is a picture people talk about, in 1969 probably when lyndon johnson left the air force base and you cannot tell who everyone is in the picture, but it looks like a lot of democrats and one republican. why did you go out there to say goodbye to democrat? george h.w.: i was a junior texas congressman. he was a senior political figure, texan who w

a wind farm in west texas and a massive solar park are the supplies of the town's power.n this conservative part of the country, the majority of peoplelso voted for this man. pres. trump: all of this with the global warming -- a lot of it is a hoax it is a hoax. it is a moneaking industry, ok? aleem: this sandwich shop has its own solar panels, and having a president who is not convinced about man's contribution to climate change is inspiring individuals to do their bit. >> i mean, you have to start somewhere. if you wait for someone else to, dot is never going to happen. you have to do it yourself.is aleem: thahe mayor's feeling, too, but in texas he has seen campaigns against him by members of his own party. >> you have special interest groups that promote oil and gas interests. gui am not their number on right now, ok? i'they don't like tham out there telling the truth and just putting the facts out there. aleem: some of his critics say that is because he and others are disrespecting the heritage of the state and the country by demonizing fossil fuel industries. >> a l

bush wasn't born in texas but he moved to the lone star state in the late '40s, first to west texas before settling in houston. he returned here after his presidency and became part of the fabric of the community. >> for those of us in houston, he wasn't just a president, he was our neighbor. >> reporter: the mayor keeps a picture of himself with the first family on his desk. turner says the 41st president was always ready to use his considerable platform to help his adopted hometown, most recently after hurricane harvey. >> he embraced the city and the city has embraced him back. >> reporter: the city of houston plans to honor him way tribute concert and since he was known to wear colorful socks, they're asking people to bring a pair to donate to the needy. omar villafranca, houston. >>> cbs news will cover the departure of president george h.w.'s casket from texas in a special report later this morning. and we'll have another special report this afternoon when the casket arrives at joint base andrews right here on cbs. >>> the united states and china reached a 90-day truce in their trade

is interesting sociciologically about bush, is his move to west texas. that move represents the broader shift of american capitalism from the east coast to this new center of gravity, more ideological, hostile, which becomes the basis of the new right amid the basis of ronald reagan and george w. bush and even a lot of the forces that back trump. amy: we're going to go to break and come back to this discussion. we will be joined by ariel dorfman, celebrated chilean writer. our guests are greg grandin and jose luis morin, one of the first lawyers to bring a lawsuit against the bush administration for the u.s. invasion of panama back in 1989. stay with h us. ♪ [music break] amy: this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman with juan gonzalez. coverage ofue our the death of president george h.w. bush, particularly looking at his involvement in latin america. we're joined by their claim novelist, playwright, human rights activist ariel dorfman. in 1973, he served as a cultural adviser to chilean president salvador allen

and as it moves across the country, rain in phoenix, snow in colorado, new mexico, ints partf west texasre weather in parts of the southeast. where it's cold enough, in southern virginia, you're talking about a monster snowstorm. 1 upwards o to 20 inches of snow in the mountains of north carolina a even places like charlotte, a lot of ice is going to be a factor. arounderichmond, could have it. what about our area? just looking at the computer models, and this is being pushed even farther t the south. so, i've been telling you all week i really think is gothg to stay sf us, well, now we're almost positive about that. could it still inch up to the noh, possibly, b we're really looking at this being south of even fredericksbu. we may not see any snow at all in our area. t a matter of fact, one o latest computer models doesn't have snow in most of virginia no i it pushes that far south. so, at least i know this. we know what's happening. d.c. metro and north, staying dry. yes, still watching the southern zones, but even there, i think we're dry. anything would be late sunday into the day on

coming back from war and graduated from yale, he packed up in a red student barrack and went to west texas which is as far from civilization you can get if you are a new york city-bound professional. brit: his dad is a yankee aristrocrat. >> what caused him to leave his roots and a family he adores? it's his sense of adventure. dad can relate to people of all was of life. he never acted texan and never wore a hat or cowboy boots with but became part of the midland scene. brit: in 1953, tragedy. his 3-year-old daughter robin was diagnosed with leukemia. she died 3 months later. >> it was one of the defining moments of their life. john meacham was given access to the bush family archives. >> he wrote a letter to his mother about robin. there is about our house, the running pulsating restlessness of the four boys as they strive to learn and grow. we need the soft blond hair. we need someone to cry when i get mad, not argue. we need a little one who can kiss without acting dumb. we had a girl. we had one once, we need her, but yet we have her. we can't touch her, but yet we can feel her. we ho

[laughter] we moved to west texas 40 years ago. , and we wantedr to get out and make it on her own.hose were exciting days. we lived in a little shotgun house, one room for the three of us. i worked in the oil business. in time we had six children. we moved to a duplex apartment, and then to a house, and lived a dream. high school football on friday nights. little league, neighborhood barbecue. people do not see their own experiences symbolic of an era. we were. so was everyone else. taking a chance and pushing into unknown territory. is the thing i learned satisfaction of creating jobs, which meant creating opportunities, which meant happy families who could do more to help others and enhance their own lives. i learned that a good done by a single good job can be felt in ways you cannot imagine. it has been said that i am not the most compelling speaker. there are those who claim that i do not always indicate in the -- do not always communicates in the clearest and most concise way. i dare them to keep it up. 24 -- go aheadmy and make my 24 hour time period. [cheering] i may not be

bush wasn't born in texas, but he moved to the lone star state in the late '40s-- first to west texas, before settling in houston. he returned here after his presidency and became part of the fabric of the community. >> for those of us in houston, he wasn't just a president, he was our neighbor. >> reporter: houston mayor sylvester turner keeps a picture of himself with the first family on his desk. turner says the 41st president was always ready to use his considerable platform to help his adopted hometown, most recently after hurricane harvey. >> he embraced the city, and the city embraced him back. >> reporter: the city of houston plans to honor the late president with a tribute concert tomorrow. and since the president was known to wear colorful socks, they're asking people to bring a pair to donate to the needy. jeff? >> glor: that's pretty good, omar, thank you very much. president trump has offered kind words for former president bush. in sharp contrast to some past comments about the bush family. weijia jiang is at the white house with more on this. >> he was a terrific guy, a

coffin of the former us president george hw bush has been taken to his final resting place in north—west texas beside his wife, barbara. investigators say the pilot of a helicopter that crashed outside leicester city's stadium in october had lost control when his pedals disconnected from the tail rotor blades. the club's owner, vichai srivaddhanaprabha, and four other people were killed. duncan kennedy reports. it was just after the helicopter left leicester's king power stadium that it crashed. the five people on board were killed. they included leicester's owner vichai srivaddhanaprabha who was as devoted to the club as the club's fans were to him. their shock developed into this response — flowers, cards and questions. now an interim report into the crash has concluded that there was a mechanical disconnect between the pilot's pedal and the rear rotor blade that in turn appears to rule out pilot error. singing. today, the pilot and his copilot were remembered at a memorial service in guildford cathedral, in front of 1000 family and friends. eric swaffer and izabela roza lechowicz, who were

is forming in the south, already flooding streets in new orleans and dumping rain on drivers in west texas. >> we got rain. >> reporter: those two storms set to merge and bring nightmare travel all the way up the east coast, just as 120 million people are heading out for the holidays. airlines expect 45 million will travel this holiday season. david kerley is at reagan airport in washington, d.c. >> the airlines say they're prepared for the bad weather and tsa has added officers to deal with the two busiest days, tomorrow and friday. >> reporter: meanwhile, back in washington state, some 50 homes damaged by that tornado. national weather service just announcing it was an ef-2, 300 yards wide with winds up to 130 miles per hour. here in atlanta, we are bracing for rain. so much of the east coast is saturated. that means there is sure to be extensive flooding from this storm. david? >> with a busy commute there in atlanta under way already tonight. victor, thank you. let's get right to rob marciano, tracking it all, he's live with us tonight. hey, rob. >> reporter: hi, david. this storm is r

is that still a support level for you for the price of west texas intermediate crowd in the u.s. >> i like to joke in times like that it's close enough for government work. >> okay. >> i think the double bottom is in. this is a 16-month low process if you pull out the chart and look this is somhing chartists in particular key off of. it held up yesterday. the day after christmas. and. >> ght. >> and we have taken another run at it somewhat today back o.r i think that should be it. setting us up now for think ability in oil prices looking forward for the 2019 >> all right. keep an eye on thats well. thank you as always. coming up, for a long time technology led the stock market ender but the year did not well for that group. what can we expect in 2019? one expert weighs in. >>> it was day six of the partial government shutdown today andhe senate brieflily came back into session. at it still appears that negotiations at a stand still pup once again ylan mui joins from us washington with not much news, i guess. i mean it's -- how much longer do ynk the shutdown last sns what's the census

[laughter] [applause] we moved to west texas 40 years ago. 40 years ago this year. the war was over, and we wanted to get out and make it on her -- make it on our own. those were exciting days. we lived in a little shotgun house, one room for the three of us. i worked in the oil business. i started my own, and in time, we had six children. we moved from the shotgun, to a duplex apartment, then to a house, and lived the dream. high school football on friday nights. little league, neighborhood barbecue. people don't see their own experience as symbolic of an era. but of course, we were. and so was everyone else who was taking the chance and pushing into unknown territory with kids and a dog, and a car. but the big thing i learned was the satisfaction of creating jobs, which meant creating opportunities, which meant happy families who in turn could do more to help others, and enhance their own lives. i learned that a good done by a single good job can be felt in ways you cannot imagine. it has been said that i am not the most compelling speaker. and there are actually

a windfarm in west texas and a massive solar park are the supplies of the town's power, but in the mostso voted for this man. all of this, with the global warning and that — a lot of it's a hoax, it's a hoax, i mean, it's a moneymaking industry, 0k? this little sandwich shop back in georgetown has now got its own solar panels, and it appears that having a president who says he's not convinced about man's contribution to climate change is inspiring individuals to do their bit. i mean, you have to start somewhere, and if you wait for someone else to do it it's never going to happen. you have to do it yourself. that's the mayor's feeling, too, but here in texas he's seeing a campaign against him by members of his own party. you have these special interest groups that really go out and promote oil and gas interests, and i'm not their number one guy right now, 0k? they don't like i'm out there telling the truth had actually just putting the facts out there. some of those critics say that's because he and others are disrespecting the heritage of the state and the country by demonising the fos

and so it wasn't like out of a clear blue sky, some hick from west texas coming in here.nt, so big. and i think it settled on me that you're it, this is a very big thing you embarked on. ♪ >> maybe the most historic thing that happened while you were president was the end of the cold war. could you tell me about the day that the wall fell? >> i remember the democrat leaders in the congress, mitchell and gephardt, saying the president doesn't get it, he ought to be over there now dancing on the wall with these kids that are having families join for the first time. which historically would have been the stupidest thing i could have done. leslie stahl i think it was said to me why don't you express the emotion the american people feel? everybody's got certain levels of respect and pride. and for me to stick my finger in the eyes of gorbachev or the soviet military made no sense at all. and so i didn't do it. i got some criticism for that. unemotional, didn't care. and i cared deeply. but subsequently gorbachev had said that if we'd had done it differently he didn't know how

a windfarm in west texas and a massive solar park are the supplies of the town's power, but in the mostso voted for this man. all of this, with the global warning and that — a lot of it's a hoax, it's a hoax, i mean, it's a moneymaking industry, ok? this little sandwich shop back in georgetown has now got its own solar panels, and it appears that having a president who says he's not convinced about man's contribution to climate change is inspiring individuals to do their bit. i mean, you have to start somewhere, and if you wait for someone else to do it it's never going to happen. you have to do it yourself. that's the mayor's feeling, too, but here in texas he's seeing a campaign against him by members of his own party. you have these special interest groups that really go out and promote oil and gas interests, and i'm not their number one guy right now, ok? they don't like i'm out there telling the truth had actually just putting the facts out there. some of those critics say that's because he and others are disrespecting the heritage of the state and the country by demonising the fos

liquid storage on the high seas the oversupply has naturally reduced prices just over two months ago west texas intermediate at w d i oil was trading at seventy five dollars per barrel in early october but has continued to drop trading around fifty dollars these days as for average gasoline prices in the united states it's around two dollars and forty cents per gallon that's a nickel less than a year ago all of this is a result of opec's decreased influence and the greater influence of the united states and russia in the past opec has produced over sixty percent of the global oil the group which many includes. any member countries outside the middle east namely venezuela and other south american plus some african countries doesn't have this historic influential impact they did before in the days of yore in one nine hundred seventy three all in bargo for example opec actions resulted in a normal economic damage to the united states and several other nations the reduced opec global production percentage is due in large part to production increases elsewhere including as i said russia and the us p

level, iest the $45 think it is time to start picking oil in west texas and around that level.e: thank you. guy: let's pick up and talk session. s&p this let's find out what is going on. m a chambers is here with more emma chambers is here with more. many investors, consumers and the president said he didn't like it. led the person who kneeling protest in the nfl. be promotingrs may it now, it is said that it customer engagement in the u.s. that is the kind of sustained momentum that investors would like to see, particularly because a year ago, nike was in a slump. i have a chart that shows nike versus one of its biggest rivals. you can see the slump where nowas took the lead, and nike is back in the front seat. it is faring very well in other places geographically. --nike can be very happy china is nike's fastest growing region. consecutiveth quarter of growth for nike. they haven't seen any impact on the business from what he called the u.s.-china dynamic. the will help alleviate trade war and some investor concerns. something that has been a concern among retailers. we shoul

i started a company out there in west texas and it suddenly became clear if we wanted to be effective and expand, you ought to be in houston. so we moved here in 1959? i think it was 1959 or 1960, and we've been here ever since. the reason i interjected that is because some of my political opponents who we love dearly, they say we will never return here. we had a little lot off to, and they said, well, they will never come back. we built a neat house. we intended to come on. actually they were making fun of me -- >> oh, sure. >> but we never thought about going anywhere else after we lived here for those years since 1959 or 1960. >> well, we are happy you came back. >> thank you. >> mrs. bush, we know that you are into literacy and have the big project here, as well as the project in dallas. but what is the state of literacy in the united states today? >> what is it? >> the state of literacy in the united states today. >> it fluctuates, because we keep getting new people in. but i think we're getting a hold of it. i think most states now insist that children are not passed ahead witho

already flooding streets in new orleans and dumping rain on drivers in west texas.s set to merge and bring nightmare travel all the way up the east coast just as 120 million people are heading out for the holidays. airlines expect 45 million will travel this holiday season. back in washington state, officials checking some 450 homes for damage from that tornado. the national weather service announcing it was an ef-2. 300 yards wide with winds up to 130 miles per hour. so much of the east coast is saturated. that means there is sure to be extensive flooding from this storm. victor oquendo, abc news, atlanta. >> all right. our thanks to victor. >>> let's get more details on what drivers and flyers will face from accuweather. >> melissa constanzer has the forecast. melissa, good morning. >> janai, kendis, some big travel concerns here along the east coast. while it will be warm, rain is going to be working its way up the east coast as we head into friday. still wet, though, for your thursday here in the southeast, which means the risk for flooding, especially through p

you can see nymex west texas breaking 50 in terms of where crude is trading.0 and you can see the biggest names in the business also suffering. that is true even on integrated stuff that can do well with cheaper input price for refined products. this is interesting sliding for those resource focused economies like canada, like australia, like saudi arabia. this is a fairly big deal to see the price of crude falling again in this way. let's for more on oil, welcome alex outbound. is this mostly to do with panic selling we are seeing? alex: that's what analysts think. the oil market is stuck in the movie "groundhog day." we try something new when we end up going down. want to start the day talking to analysts they were saying this is all about concerns over the economy falling in sympathy with stocks. and what happened today, stocks rebounded in oil is still diving , which seems to be a lot of people out there looking for reason to sell. one of the big unknown factors is not just the u.s. economy weakening, but the global crosscurrents. do we see a trade war bet

of oil, if you are talking about what wti is doing in midland which is essentially the heart of west texasroduction, looking to see what happens to the prices, that's a great indicator of whether or not the infrastructure issues have been worked out, our reporting shows that by the second half of 2019, the pipelines and the infrastructure will be there to help move that oil. the other place we could be looking is a western canada selects. that traded as much as a $50 per barrel differential this year. that's an indication that they don't have enough infrastructure to move all of that oil to market. that differential has narrowed substantially because the albertans have decided they are going to cut production. those will be two key places to look at for the coming year in terms of how output is coming along. >> thanks very much indeed. losses piling up. bank of america says credit quality is the best in decades. not bring about a collapse in bonds which are down the most in almost a decade. arguing that investors could call it. let's bring in bloomberg mollie smith. why is he so confident?

the oil to markets so it sits in storage in canada. , it isted to be going up narrowing against west texasl of intervention has not been seen in decades here and it is unusual, in alberta, of all the provinces, since they are free-market oriented, to see a government intervening in the production of a market like this -- a commodity like this. we are discussing the difference between what is happening with american oil and how the production in the shale boom is affecting those prices in canada. amanda: that's right. your independence came in the cost to canadian pursuit -- came canadian producers. shery: we are awaiting a spacex launch in california. we go to the managing director of the silicon valley canadian . director on the phone. this was a large that was delayed two times because of bad weather and last-minute inspections for the rocket. why is the launch so important? joe: there is 64 satellites aboard this out -- aboard the falcon nine. a lot of different organizations have satellites on this particular rocket. i think they want to make sure they have optimal weather for any laun

you see them all right there west texas up at 51.98 always exciting to have a new player in the marketelly? >> it's doing pretty well today like you said. >>> for more on what is moving in these markets overall let's get down to bob pisani >> we closed off to the european low three daze inys in a row. good volume down here. positive market headlines. mostly on trade. huawei cfo talking a 2025 replacement also a big help. there have been speculation that theresa may may survive the brexit confidence vote marginally confident for the markets and the italy may seek a new deal with the eu on their budget all moderately positive. consumer discretionary, tech, banks, utilities down, but the new high list is mostly utilities. they had a tremendous run and market is more volatile and people bought utilities. all 52-week highs like american electric, duke and banks are bouncing most are up 2% don't kid yourself a lot of 52-week lows and suntrust and huntington banc 10 cent, let's call it the disaster averted this company postponed their ipo back in november but we still have the crazy market co

rather than fight every new oil well in west texas the choke points, pipelines.. it stops. effectively oil, gas, coal, sta in the ground. just to keep fossil fuels in th ground so we don't burn so much that we exceed the amount that' going to lead it to ask climate catastrophe. >> the hypocrisy of courses on daily basis. they seem to deny everyone else. a lot of environmentalist used to see natural gas is the bridg fuel or a call to wind and sola but now many believe that globa warming the threat is too real, urgent to allow any more fossil fuel developments. >> thank you so much, william. >> funding for the border wall continues to be a bone of contention between him and the democrats. with my bladder leakage, the products i've tried just didn't fit right. they were too loose. it's getting in the way of our camping trips. but with a range of sizes, depend fit-flex is made for me. with a range of sizes for all body types, depend fit-flex underwear is guaranteed to be your best fit. 'tand in your garage,son a brand new john deere. that's not a mirage. with 60 mont