maybe we will see a 59 on west texas intermediate -- a $59 on west texas intermediate. we are not there yet. david kostin is out of goldman sachs as they get out front of where people are going to be. he successfully did that a number of months ago, jon ferro mentioning the 4300 statistic. so much with their great call is the now what of it. jonathan: let's bring in david kostin now, goldman sachs chief u.s. equity strategist. do you stick with it? david: the answer is yes. from a tactical point of view, the companies that lost money last year but are actually recovering this year, that is the benefit of a tailwind for better economic activity. the vaccine, fiscal stimulus that we anticipate that can get pass relatively soon. all of that benefits some of the cyclicals. that is not to say some of the tech heavy specular growth companies will not perform well, but just from a relative near-term perspective, probably cyclicals will lead the market. jonathan: it takes me straight to the mechanics of the benchmark come of the s&p 500. the overweight waiting of international

west texas a&m down 2 in the final seconds in division 2. three for the win! night, game over, drive back safely! it was his only basket of the game, and west texas moves into the division 2 title game over lincoln memorial. >> zack t u.s.s. an. how great is it to be him today? once in a life time moments. i had a crazy evening the 911 are going to take mac jones out of alabama with that third pick, and people are going to lose their minds. we'll see. >> we'll see decide. thanks, larry very much. >>> once again, let's get back to that bricking news we mentioned moments ago coming out of oakland. now, this is from our high- speed chase suspect that we saw that jumped out of his car, ran into an apartment building. you are now looking live at the scene from sky 7. where you can tell that police have just surrounded the building. we do know this is near 71st avenue in east oakland. to give you a little bit of context as to what happened, we do believe that a robbery suspect from earlier in the week is involved in this incident. we saw the suspect drive at relativ

a temporary overflow facility for up to 2,000 children is now being set up in west texas to handle what the administration acknowledges is the largest surge in 20 years. president biden says he plans to visit the border, quote, at some point as reporters questioned him about the white house response. >> i know what's going on in those facilities. >> what more can be done, sir? >> a lot more. we are in the process of doing it now. >>> republicans are seizing on the issue to hammer the president for reversing the trump policies, and now even some democrats are criticizing the conditions of the holding facilities for the migrant children. texas democratic congressman henry cuellar provided these photos of a packed border patrol facility in texas. senator chris murphy who visited the border in el paso last week wroting, quote, i fought back tears as a 13-year-old girl sobbed uncontrollably having been separated from her grandmother and parents. >> i wouldn't want my children to be in those detention facilities, but this isn't 2019. these aren't cages. there are doctors and child care worker

of calls it's seems very clear we look at the prices when there are 42 years ago for a barrel of west texas oil now it's over 70 about 74th today and we see that people are drawn to our area to support the oil industry people who are very busy and want to relax and i do i mean when i'm busy i like to relax also but then they'll join i would drink too much sometimes and then the drug community comes in and gets methamphetamine and cocaine and other things and that cycle with drinking and the drugs when the people who are used to being busy all the time and they don't have enough time nothings to do in their own time the problems happen. i just think mostly pretend i didn't have and i think you know i mean at this point or i'm really starting to get. so it's hard knowing back and unite. about it again you know i mean i've been working so hard to forget that arm and i'm . pretty sure you have me very. well. you know it's really pretty. high. in. eyeliner as you run a year i not i can't believe i and then those in the house and. that's i mean it be like mom right now but how find the 23 be resp

the buzzer-beating three-pointer sends west texas a&m to its first d-2 championship, where they'll facethwest missouri state for the title. >>> and the men's division i tournament resumes tomorrow with the sweet 16, after two rounds of upsets. if your bracket is busted -- mine is -- but none of us are alone. according to ncaa.com, not a single bracket out of the millions submitted in the five major online challenges picked the sweet 16 correctly, not a one. saturday's slate of four games features teams from the south and midwest region, including top-seeded baylor against five villanova. and oral roberts will try to continue its cinderella run as just the second number 15 seed ever to make it this far. they're going to take on third-seeded arkansas. loyola chicago's sister jean is reminding us not to count out her ramblers against oregon state. the team's 101-year-old chaplain told reporters yesterday she's hoping to see loyola through the championship against the number one overall seed, gonzaga, which would feature two jesuit schools competing for the national title. undefeated gonzag

i was out in west texas when we had the power failure last month. we went for seven days with no electricity. they were packing people into the hospitals and any that had electricity, they were putting people in their. i think that could cause a problem with transmission of covid disease. but the thing of it is, it never should have happened in the first place. the fact that we went so long without power and come to find out that it was sent up north where they were having 70 degree days and we were -- i had at my house one degree days. host: that is mike in texas. texas coming off a year in which the energy and natural resources sector spent 290 $3 million in 2020 and lobbying on capitol hill. guest: it always has been a powerful sector, especially oil and gas has long been a lobbying powerhouse. but we have also seen with green energy, growth. the green energy sector is also trying to start a lobbying push now, especially with biden becoming president there is opportunity with government spending on green energy product -- projects. host: one othe

a new temporary overflow facility for up to 2,000 children is set to open in west texas. >> we were left with a very challenging situation. >> reporter: in mexico at a shelter we visited -- what do you think of president biden? [ speaking foreign language ] this woman told us she hoped president biden would help them. tonight the facility in donna, texas is holding more than 3,700 children it was initially built for 250. >> i think anybody that's been involved with this would have predicted this some months ago >> reporter: also i.c.e. has awarded a nearly $87 million contract to secure hotel rooms for migrant families near the border lester >> gabe gutierrez tonight. thank you. >>> in just 60 seconds, what's behind the soaring price of gasoline and navigating the huge financial burdens of college in our series "kids under pressure." >>> we're back now with protests and demands for answers after the atlanta spa killings as federal officials said they don't have evidence yet of a hate crime and some communities take new steps to keep asian-americans safe with more here's blayne alexander

is having a flow on effect on the global economy or oil prices jumped 4 percent on friday both west texas intermediate crude futures and brant crude prices $1740000.00 barrels or about 5 percent of all oil shipped last year when through the canal the suez canal handles about 12 percent of global trade and lloyd's list says each day of blockage disrupts more than $9600000000.00 worth of goods that's almost $400000000.00 an hour well the traffic jam at both ends of the canal is forcing shipping companies to consider taking the longer route around south africa's cape of good hope this adds about 12 days to the journey the investigation into the incident itself is continuing. it could have been technical or human have that will be revealed through the investigation many different mistakes might be the reason but we cannot prove anything yet the only clear reason is that there was strong winds under some storm but they might not be the only reasons and you'll this will be revealed during the investigation you know the u.k. based food delivery company delivery room was used to be listed on the

energy the stranded energy is energy that is available in places like siberia places like remote west texas completely desert other than the fact that has a lot of solar and a lot of wind and it could power up things like this so it would they're saying it's stranded energy it's energy available it's being produced out there use it to you convert it to economic energy instead a monetary unit of account that bank can be transferred elsewhere so it's that sort of cycle that human ingenuity that paul tudor jones said when he bet on decline as as a bet on the future of humanity of course our way also has one of the biggest if not the biggest sovereign wealth fund we have news last week that the singapore sovereign wealth fund is i'm getting involved in because there are ways to cut or and similarly these energy rich companies like countries like norway they start thinking about stranded energy and how to convert flaring gas countries like nigeria it's a big coin mining the hardest known money ever in history of human beings and you know this is a that's why we've been talked about in terms of b

tom: the one thing that sticks out is the -59 on west texas intermediate.t is interesting. $60.58. we heard from the vice president, she spoke to bloomberg. nelson, rockefeller, 1975, he was the last vice president to tell the rule maker what to do in the senate. we are going to see that with that lady from california? >> it does not appear so. the progressives are citing examples like rockefeller and i believe hubert humphrey did the same at one point, but the moderates have decided they are going to stick with the parliamentarian's rolling on what counts as a budgetary and build that you can pass and get around the filibuster. the key person is joe manchin who has been not overruling her. tom: i read an article from a year ago showing the sides of the liberals and democrats. what is the power of progressives right now? is it there or is it a fiction? jack: they are the key pivotal people that joe manchin and -- we are hearing them try to affect what is going to be in this next package when you hear about elizabeth warren's will tax that may not become law

weakness in toronto and keeping an eye on west texas, a mixed picture out there, still at a very elevatedsidering global demand. one big piece of the puzzle is the aerospace industry. folks in that industry saying even once we get vaccines fully embedded it globally, their capacity reduction means global demand end air travel will not be what it was for a few years. that should keep a bit of a lid on demand. kalin robin sq rescued canada's largest airline and is on the lookout for deals in the aerospace industry. let's start there. i guess it's not a bad time to be looking for deals. where do you see the opportunities? guest: field has a long history and i think that's one of the reasons to come on board. coming on as a senior advisor, brookfield has had a long term of investing and that's what's needed here to benefit from some of the fundamental, transformational things going on in both conventional aerospace and aviation and all the aviation services. between the two sectors, this is a colossal opportunity. many billions of dollars, trillions of dollars, and i think there will be some

west texas intermediate, 60.80. from 70 back to six to 4.03 -- 64.rg school of public health, this philanthropy to his john hopkins university and principal of this radio and tv platform. i want you to translate for me the epidemiologist upset, i'm going to butcher this, the ophthalmologist lecturing the epidemiologist on epidemiology. in your world, what is it like when someone else in medicine goes after your core competency? andrew: it is a little disappointing. i think senator rand was not thinking about all of the science that is on the table right now with respect to the need to do mask-wearing, even if you have been infected or vaccinated. the bottom line is this, we never rely on just one intervention to keep the virus away. just because you have been infected or vaccinated, that is not enough for you to be completely free to do anything that you want. two, the number of cases is still too high and we could potentially set up a situation where we are exposing people with antibody levels and allowing the virus to try to adapt to this amount of

dom chu is at the commodity desk benchmark west texas intermediate, $60.64, a 1.5% decline there. 64.25 the last trade there now that the suez canal has been resolved and shipping gets back to normal, they can act to limit commodity prices, since things like oil get more expensive to buy in dollars, and if dollar gets more expensive to use, you get the picture. we are progressing toward thursd thursday's meeting of opec plus. morgan, a supply focus on thursday back over to you. >> a busy week dom chu, thank you >>> the reopening trade isn't working today, airlines, cries lines, all moving higher across the board. as well as restaurant sales that are continues to rebound kate rogers has all of those details for us hey, kate. >> hey there after turning positive for the first time last week in a year, restaurant and traffic taking a move in the right direction. comp sales up, and comp traffic up by 160% year on year. for a reference, sales and traffic were down around 63% this week last year. guests also continuing to spend more, with growth in average check up 11.9% the st. patrick's day

imposed rolling blackouts, saying the lack of energy is due in part to frozen wind turbines in west texaste, and these power lines sizzling, taken out by heavy ice in louisiana. >> slow down, slow down, slow down. >> frozen roads sent an 18-wheeler careening out of control near austin, and a man nearly lost his life jumping just seconds before a car lost control and crashed into a police cruiser. >> trevor: oh, hell no! trucks turning around? cars flying off the road? this storms that turned texas into that ice level from mario kart. ice level from mario kart. if i'm in texas right now, i'm carrying a green shell with me, just to be safe. and how about the guy that jumped out of the way of a flipping car. that was action-movie shit, like real-life action movie. the only thing missing was him turning to the camera after with a clever one-liner afterwards. "ice try, buddy." and you got to understand, this is especially tough for texans because they're not equipped for snow. they don't have snow shovels out there. their best bed is to grab their arrow 15's. "go back to canada where you belon

in far west texas we have sheriffs, the last cold snap, picking up bodies died of hypothermia. the border all along the border from san diego to brownsville. benjamin: i want to get your views on this, they were released into the us without getting covid tests. and test every one, 108 migrants released into brownsville after testing positive. how serious is that? >> if you have a country that has been on lockdown and trying to get everything going and start dumping these people in and have not tested, that is a concern and what i have been hearing from landowners and ranchers is it is an insult to the people of the border region that we would dump these people into our communities. it is sad that they are being so overwhelmed that they will not test these people. carley: thanks for joining us, appreciate it. benjamin: to extreme weather at least two reported tornadoes touched down during the second day of violent storms, one person was killed in mississippi. carley: powerful winds blowing away two small buildings in alabama. cleanup begins, 24 touchdowns across the south wednes

benchmark west texas intermediate $61.46. a gain there near the highs of the session.rk crude a gain there. prices were lower earlier in reaction to the unblocking of that massive cargo ship. toward session highs over the last seven trading sessions prices have been range bound. $57 on the low end $62 on the high end. oil markets are likely going to be going back towards fundamental drivers with supply serps, demand concerns out of europe and those coming back into play now that the near term catalyst is cleared back over to you. >> dom, thank you very much. "ever given" finally freed but the backlog it caused is going to take a long time to work through. cnbc's dan murray joins us by phone live from egypt. what's happening there now the ship is free is traffic moving to your knowledge through the suez >> hey what a day and what a story. this was a moment of celebration in egypt the "ever given" you can stuck today and effectively reopening a critical trade waterway. we have the good news this morning, tugs and dredges working day and night along the weekend to free th

west texas intermediate elf for a fifth day in a row over concerns -- after several european countriesd the rollout of astrazeneca's vaccine. more fallout of credit suisse on the retail capital scandal. it is suspending bonuses for senior executives. credit suisse is forced to suspend funds when it became apparent it can no longer value them. the u.s. economy is set for an epic hiring spree as the pandemic proceeds. there are signs that may already be underway. bars and restaurants added 300,000 jobs in february. that was the first increase in four months. goldman sachs sees the unemployment rate falling from 6.2% in february to 4.1% by the end of the year global news 24 hours a day -- global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> we are thrilled with the response we are seeing from our guest in terms of future reservations and intent to come back to our parks. it is a function of two things. confidence we are seeing the light at the end of the t

west texas, oil rose above $64 a barrel for the first time in four years.pec+ surprise the market by detaining supply restrictions. and negotiations over the rights to national football league have become an extension to the streaming wars. netflix and comcast are looking for ways to add nfl action. meanwhile, amazon getting ambitions about using football to attract users to its prime video so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you main

benchmark west texas intermediate, $64.27, off the session highs, by the way. brandy crew futures moving to the up side and the up side is being driven largely by global can be and its partner conditions like opec-plus as its known there were records yesterday they're possibly looking to extend production constraints. we got confirmation the group said they would keep supply levels steady through april, and saudi arabia said it would extend its cut into then as well russia and kazakhstan are two exceptions, being allowed modest increases. >>> thank you very much, dom today's jump in oil prices continues this year's huge rally for energy stocks. it's the only positive sect roor northerly sector actually outperforming the ten solar etfs since the blue wave election in november that's stock nearly doubling off its lows last year while maintains a dividend yield of 6% here is what the ceo had to say on "squawk box" earlier. >> 2020 was obviously a very transformative year, with the pandemic impacting all of us and put significant constraints on the business, the wo

we are watching west texas climb back up again, seeing more than 5% move on the day.uestion is whether that is rational based on the bottleneck. for what it is worth, the suez canal is 12% of global trade passing through and we are looking at data from last year. some 19,000 ships pass through that very narrow passage and that is in a year whenably you might have seen fewer ships than in terms of peak years. it is an important bottleneck to have and you can see the effects on the commodity price. matt: actually, a very interesting conversation i had earlier today. he covers oil for us, he runs her oil coverage at bloomberg, our chief energy correspondent, he said he does not think the suez canal issue is driving all of the price action in oil. he said a lot of it is probably a bounce back from the selloff we have seen over the past few sessions. it is hard to imagine as you look at 12% of the world's trade going through this canal, it does not have a huge knock on effect. i was also speaking with greg jarrett who told me these boats are not driven by the captain alone

rooms near the border to hold the families and opening up another temporary overflow facility in west texas. those places are still not open to the press. we're hearing from a senator that is back from the border. here is chris murphy on the conditions as he saw them. >> the conditions, you know, listen, i would not want my children to be in those detention facilities. this is not 2019. there are not cages. there are doctors and childcare workers there and the biden administration is dealing with this mess they were lift. >> gabe gutierrez, let me start with you. 15,000 children in custody. you have been reporting on this for awhile. what is the scramble down there to find space for all of them? >> that's right. it is a huge challenge for the biden administration. 15,000 that you mentioned also includes not just those that are being processed by border patrol, but also those that have been handed to the department of health and human services to be cared for. and that is a huge number at this point. it's increasing dramatically and i can tell you that this area here near mccallen, an extrem

the pictures you see here are from el paso when people were coming through west texas a couple weeksthat? because the u.s. border patrol and customs and border protection are not allowing media to accompany them right now. so, having to stand in another country to photograph what's going on in my country was a surreal experience, to say the least. but photojournalists are intrepid and we try to do what we can to tell the story. now, these pictures here, ana -- excuse me -- you can see these texas troopers are patrolling by air and by river. and we did get access -- i was able to get access with them. i think they saw that the federal government was not allowing media along. so, they thought they would take advantage and bring media along to show what they're doing. so, we can find access, but it's made it more difficult these days. >> and you wrote a powerful op-ed about as a journalist being kept away from the border facilities. the policy has swung from zero tolerance to zero access. what kind of access were you denied? >> traditionally through the last four administrations, and i

but they didn't tell me who. >> susan and her husband made the long drive across west texas. >> that'st told me that maliek had been arrested and his girlfriend. >> what were you learning about dolores? >> i didn't know anything about her. she was no one. she was no one to me. >> assistant u.s. attorneys jim warwick and ken clark met with dolores and maliek. >> i introduced myself to mr. kearney. >> and you also got a chance to speak with miss delgado. >> we presented to her the facts that we had and the evidence that we had compiled against her at that point in time. >> after the arrests came a new lead. a tip to detective harding from an ex-boyfriend of dolores's in florida. >> he called me and said hey, one night i was hanging out with dolores and we got rid of a gun. and he said, "i think that was your murder weapon." >> i mean, do you get calls like that every day? this is pretty remarkable. >> i wish. but we don't. >> investigators met with a tipster in merritt island, florida. he said that not long after karlyn's murder he and dolores delgado had burned some clothing and sneaker

arabia in production that oil and natural gas has to get moved around the country it has to go from west texaso corpus christi to be exported. it has to go from pennsylvania in shell drilling regions out to the northeast where a lot of that is consumed that requires a massive amount of energy complex to be bit around that pipeline and massive facilities and those companies that are doing that, they've historically traded extremely low valuation information the last five years or so that are especially very critical parts the u.s.' energy strategies so, we believe in this area where we're seeing oil prices recover significantly, we're seeing a bit of rotation from growth to value. but energy energy-related stocks and mass limited part 93ships are very well positioned in this department >> the mxlp, we're watching that as well, jay jacobs, have a great day. thank you. >>> all right. when we come back, this morning's big money movers, including shares of gamestop getting hammered a bit in the premarket. we'll show you and tell you why. >>> plus, a lot of vaccine could or may have to be your ticke

cowboys were in west texas really and so talking about how that myth of the white man come white western texas has come to overshadow this place that has women in black people and all kinds, indigenous people, and now asians, people from all over the world, particularly in harris county right there in houston. >> elizabeth, he froze a bit when. do you want to finish your thoughts? >> i have no idea when it first but i would be really succinct. the lessons are we need to really move beyond police as the foremost response to racial inequality and as as a just mentioned we need to break that cycle by taking seriously the recommendations of the kerner commission, not the recommendations about police but the massive infusion come infusion of resources and investment into low-income communities of color. the investment into police and prisons and surveillance come since civil rights movement, has not worked and worked to control crime and it has exacerbate inequality so now is the time for different set of responses. this history, they history aye in the book really, really underscores that. >

. >>> lastly this morning a reminder that march madness is not only for d 1 hoops people, west texasjean style it is answered. his teammates on the court. the only three points of the game, the sophomore from suburban chicago sending the buffalos to the championship game with a one point win. they will play northwest missouri state tomorrow at 12:00 for the championship. march is the best. that's all there is to it. it's the best. >> if you are only going to have one three-pointer of the game, that's the one you want to have, right? >> correct. correct. >> my whole family on saturday will be wearing sister jean hats, sister jean t-shirts, loyola socks. >> super fan. >> we are all in. i took loyola all the way, carolyn. all the way. i'm praying. >> it's a good pick. >>> thanks for joining us, i'm christine romans. >> i'm laura jarrett. "new day" is next. online car b. car vending machines. and now, putting you in control of your financing. at carvana, get personalized terms, browse for cars that fit your budget, then customize your down payment and monthly payment. and these aren't ma

charles: crude oil, west texas intermediate just settled moments ago, the highest price in almost twos doing extraordinarily well, and it seems like they have a lot more room on the upside. are you buying any of these? and where do you think wti can go from here? i'm hearing $100 a barrel. >> that's pretty aggressive to me, i think 80, 90, somewhere in there. demand's clearly going to pick up. to me, the question is not necessarily what the price of oil is, but who's going to move it. i'm a big fan of pipelines, i do own them because it's like a toll bridge. no matter what the price is, you've got to have it, and people are going to get paid to move it back and forth. charles: isn't that the irony? president obama was considered the best gun salesman ever, the same thing has happened under president biden, and president biden comes in, he kicks off the keystone pipeline, he stops drilling on federal property, and what does he do with crude oil? it goes straight up. supply and demand -- i don't think that was their intention, but it's certainly one of the things driving it. just give u

at this point they've announced plans to open another temporary overflow facility in west texas at this point. you know there is a facility at the convention center in dallas as well as another one in midland, but now we know that i.c.e. has awarded a $7 million contract to secure hotels for families here at the border, so the surge, apparently, shows no signs of slowing down at this point, katy. >> the biden administration kept talking about transparency, and we're not getting any transparency here with what is happening at the border that we have to get those images from a congressman who won't say where he got those images. it's very frustrating not just for journalists but for the american public who want to know what's going on inside those facilities, those disturbing images. dasha, you are breaking some news with our colleague julia ainsley about what's happening once these facilities reach 100% capacity. they're currently at 700% capacity. what's going on? >> reporter: hey, katy. well, the biden administration has been messaging that the border is closed, only unaccompanied mino

are opening up a new unaccompanied minor facility in vegas which is in my district and out of the west texasied minors and it appears as if they are targeting our man camps, these are oil facilities where oil workers have temporary oil workers are housed in their operating in the oil and gas industry. no end in sight. i'm told there's two other facilities and also looking at this crisis is getting out of control. eric: 40 think the biden administration should do. gonzales: they should do two things. give the resources to the border patrol resources in a date now for you need for manpower and they need the temporary facilities and are having to use their operational budget in order to man these facilities that is the wrong answer, hhs should be finding that for you and the other is this administration should send a firm message that the united states border is open it legal and nothing else that has to be a firm voice that they say there. eric: the minute they have not sent that message out. and am now expelling people under title 42-point is to point out, playing them hundreds of miles away

-- you know, a major boost from some of the draconian actions and biden and predetected hearing west texasthat getting too -- ambitious? >> well remember, if anyone is calling for hundred dollar oil that's not a good thing. they be calling for that because they're predicting that basically the supply cannot end up keeping up with the demanding because they overdid the production curb. you can't just turn the rigs back on like you can a light switch and so there's the possibility that demand really outperforms expectation, and supply won't be able to keep up with that. and that would not be a good thing. i don't think it is very likely but i do think it is possible. >> yeah. by the way we got the rig count today, from november 25th we went from 241 to 210 rigs u.s. oil rigs you know, i thought that turn and of itself was bullish but a little bit simply methodology perhaps we do use. let's talk about the fed david jay powell, you said i think i read somewhere that you think it is actually seen that investors were expecting more yesterday. so your point here is that jay powell did the right t

west texas got over $70 a barrel.made energy biggest winner in the s&p this year. i think it is part and parcel of a overall commodities cycle i've been talking about. i reached out to talk to the right guy about this. the cow guy. scott shellady. sorry about that, scott. it has been too long, my man. over the last few weeks, there have been whispers of crude oil getting to $100. now i know it sounds farfetched. looks like it wants to go much higher than where it is now. >> yeah, it is going it be a little bit of a bump from the reflation trade, the reopening trade, however you want to say it but i say this, inget it. i get how people are worried about inflation. i get how much money is out there on the sidelines and how much everybody thinks that will go right to the stock market. for 33 years in a business, you might agree, a lot of times what you think will happen or should happen with all the things lining up doesn't work out exactly what you think. at some point in time expensive oil will be a hindrance to the ec

is having a flow on effect on the global economy or oil prices jumped 4 percent on friday both west texasntermediate crude futures and brant crude prices $1740000.00 barrels or about 5 percent of all shipped last year went through the canal the suez canal handles about 12 percent of global trade and lloyd's list says that each day of blockage disrupts more than $9600000000.00 worth of goods that's about $400000000.00 every hour well the traffic jam at both ends of the canal is forcing shipping companies to consider taking the longer route around south africa's cape of good hope this adds about 10000 kilometers about 12 days to the journey and could cost an extra $300000.00 in fuel the investigation into the incident meanwhile is continuing. it could have been a technical or human ever that will be revealed through the investigation many different mistakes might be the reason but we cannot prove anything yet the only clear reason is that there was strong winds under some storm but they might not be the only reasons and you'll this will be revealed during the investigation you know 2 of the

god bless, and go west texas. many -- the speaker pro tempore: for what purpose does the gentleman from pennsylvania rise? mr. thompson: madam speaker, request unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: the gentleman is recognized for one minute. mr. thompson: i rise today to recognize carter smith of pennsylvania. he was -- has accepted a fully qualified appointment to the united states military academy at west point. carter's the son of gary and holly lynn smith. as a student at penn cam briial high school he was involved in the speech club, theater, and national honor society, as well as football and basketball teams n addition to having a long resume of extracurricular activities, carter has excelled in the classroom as well, maintaining a 4.0 g.p.a. carter's english teacher had nothing but positive things to say about him in her letter of recommendation. quote, scarter stood out as an extremely hardworking, intelligent, perceptive, detailed or

goldman sachs is predicting $72 a barrel for west texas at some point. for the drivers at the pump in the future. stuart: this is for you, susan. this reminds me of meghan and harry but it is not the same. susan: how does that remind you of meghan and harry? stuart: wait, let me tell you the story. mckenzie scott, jeff bezos' ex, got married. spell it out,. susan: you will explain how this reminds you of meghan and harry? she married a school teacher at a private school. she is one of the two richest women in the planet. she marid dan. >> wet. she is at last count worth over $53 billion according to bloomberg this morning. she, most of that wealth coming from the 4% of amazon stock that she received in her divorce with jeff bezos back in 2019. your turn. stuart: no, there, my turn? there is no relationship between meghan and harry and jeff bezos' ex and the science teacher. i'm not implying. susan: but isn't that a nice story though? she can find love afterwards? i think it is really lovely. stuart: i think it's a great story. yeah. i would be interested