music] [radio static] - stick around and tell your friends from the border to the basin out here in west texasm of the american west was come out here, get your own little piece of paradise, you work hard, raise cattle. you make enough money to look after the family. - sure, i'd love to cook you one. [indistinct chatter] ♪ ♪ - [whistles] ♪ ♪ [truck idling] ♪ ♪ [mooing] - this land, it's really for one thing, and that's producing livestock. they've tried to farm it, it doesn't work. and, you know, except for beautiful views, that's what it can produce. - west texas and big bend, this area, are you the platonic ideal of the texan? the american hero. lone rider on a horse. big empty spaces. mexican music. mexican food. - this is still where the punchiest cowboys in the united states are. it don't get no rougher. - i mean, we're 120 miles from the nearest walmart. 40 miles to a tank of gas or a loaf of bread. - out here, pretty much everything is five hours away. [radio static] [soft guitar music] - and the property has been in the family how many generations now? - this is the fourth generation.

one dollar and 43 cents equivalent to one and one-eighth percent increase at $81 per barrel and west texasermediate trading increased by one 2056 equivalent one and 18 hundredth percent and reached 77 2007 cents per barrel, which is considered the highest price of the 25 reserves. with this calculation, the american oil index has reached about 2% of the weekly method in the coming months, the global supply is decreasing and this trend is it may accelerate in the coming weeks after butter closes in grains ukraine can be influenced by russia on the supply of ethanol and biofuels that are mixed with petroleum products, causing refineries to consume more crude oil, and on the other hand, the information department announced at the end of last week that the production of oil and shale gas in the united states will probably decrease for the first time this year, adding to the concerns about the lack of supply . water and gas coolers and different sizes buy cheaply and in installments from a variety of large iranian household appliances for boys, fresh spring air to your homes, a strong invitatio

if you look back at last summer injune, west texas intermediate oil was trading at about $120 per barrelbelow $80 per barrel. if you look at inflation in america at that time, it was at a a0 year high and it is now down from 9% to about 3%. so all of this, a huge part of it, is this drop in energy prices. i think that is the story here and that is what these profit numbers are confirming. exactly. i don't see our pump prices dropping that dramatically. here is a company, i'mjust dropping that dramatically. here is a company, i'm just going to rule the roost here. here is a company thatis the roost here. here is a company that is investing... aboard a pipeline company, they made that announcement last month, they said they were going to buy one for nearly $5 billion, to accelerate its energy transition. i guess this is something that all the oil majors are having to do, right? investing energy transition? you are having to do, right? investing energy transition?— are having to do, right? investing energy transition? you are seeing more and more — energy transition? you are seeing more and

you see crude, that is not brent, it is west texas intermediate higher by two dollars to 79.18. jon: i am looking at energy. it will be interesting to see if crude can get back to the $80 mark. energy stocks, halliburton up 4% . a record move. venting dickinson up 5.5% after encouraging fda updates. we have seen a decline in gilead sciences after a disappointment in the drug trials. spotify under pressure. they will have earnings and that will be one of the big themes in the week overall. matt: earnings is huge right now. a lot of people are saying don't worry as much about the fed, earnings are on the front burner . let's talk about what is going on in the macro. top economists say the risk of recession is fading fast. the record -- the message being sent keeps getting louder. we are talking about the three month, 10 year treasury curve, what jerome powell says is more important to him that has predicted last seven recessions. ed yardeni says it is all gained without much pain. rates of pleasure having you here. thank you for your time. i read your supposition about what the yi

according to bloomberg, the percentage increase compared to the previous day to 7575, the value of the west texas intermediate (wti) trade also increased by 2% to 70 and 90 dollars. the tradition in each barrel of tahimain places in ing banking group that affects oil pricing indicates that fundamental factors do not have much effect on oil prices, contrary to expectations, instead, the market is focused on macro perspectives, predicting significant changes in this pattern in the short term is difficult, however, to continue the decrease in currencies will create a stronger price floor for oil , according to saudi reports, the ministry of oil of this country announced on the first day of this week that the reduction of saudi oil production by one million barrels per day will continue in august. and it brings the reduction of opec+ production to 5 million and 160 thousand barrels per day, and currently the supply of these people is limited to 3 million and 600 thousand barrels per day by the equation of three and six tenths of the world supply, on the other hand bank jp morgan analysts announced in

highs expected over 110 in places like west texas, arizona, and california. heatwave stretching from florida to california could last several weeks. meteorologists say weather patterns can bring more smoke from canadian wildfires to the upper midwest. still to come. a new study as fresh insights on california's homeless population. why speed cameras are disproportionately affecting chicago's minority residents. ♪ >> this is pbs news weekend from w eta studios in washington, home of the pbs newshour. weeknights on pbs. >> the latest legal battle over the affordable health care act centers on its requirement private health insurance fully cover preventive services like cancer screenings, vaccinations, and birth control. also on the list, drugs that prevent hiv infections called preexposure prophylaxis. the retail price can be as much as $6,000 for a 90 day supply. it puts it out of reach for many of those who benefit from it but don't have insurance. cheval the luther's health reporter at 19 news. she focuses on gender and health. tell me about prep. how effect

patients coming from as far away as west texas. the women were seeing are primarily from the southeast tennessee, arkansas, mississippi, alabama and kentucky. they cut across socioeconomic guidelines, across education levels. and when they come in, a lot of them are relieved that they've gotten to a place and they're going to be able to get this service that they so deeply want. so once you take that, there's nothing we can give you to reverse it. okay, 37 year old amy here for a medication abortion. she and her boyfriend drove 3.5 hours from nashville. i was really anxious about coming, not about receiving the help and the health care that i need, but about just facing a judgment from people who don't know who i am and don't know my story. but in a city where until now, there have been no abortions performed in more than three decades, some, like restaurant owner marilyn martin, don't like what they're seeing. i just feel strongly that life is precious and it's god sent. i feel like i can't keep my mouth shut anymore. it's very em

in the southern segment, new mexico, west texas, it would be considered endangered. the lesser prairie chick is a boom and bust species, extremely susceptible to precip case in -- precipitation in its native range. simply put, when it rains the populations grow and in drought theirs populations often shrink. to ensure a healthy lesser prairie chicken population, a private conservation effort was developed and inch lted in 2013. at the timed the fish and wildlife service, the fish and wildlife service declared that the voluntary conservation efforts being underricken -- being undertaken were an unprecedented effort that produced a sound conservation plan for the lesser prairie chicken. voluntary agreements were formed that allow private land owners and businesses that operate on federal lands to implement voluntary measures to conserve habitat. these programs have proven to be successful. with private industry investing $65 million into species conservation and nearly six million acres of habitat conserve for the lesser prairie chicken. these investments have produced

continues to build today through the week across the four corners in the california valley and west texas, el paso is going to be a scorcher today. i'm accuweather meteorologist kevin corcoran. coming up the religious thriller that's a surprise hit at the box office. >> but first, a slow moving disaster for the damage is a dozen homes slowly slide into a canyon. and why the caffeine in a popular energy drink is prompting a us senator to call for an investigation come along with our adventure seekers and discover summer with ford. join friends maiza and leslie on an epic adventure with the capability of the ford bronco sport. time for g.o.a.t. mode. head out with the stephens family and stay connected with built-in wi-fi in the ford explorer. did you know that horses sleep standing up? road trip with the sanchez family and available hands-free highway driving in the ford f-150. now we're cruising. scan the qr code to see how ford can help you discover your best summer ever. see what you did there. you got that? >> we're back now with a slow moving disaster. a landslide destroying homes nea

a lot of areas and a lot of times these rural communities and small west texas community, they have policeers. if they were to get this grant -- they stayed up until 11:00, filling out this grant, the best they could and a large part of that is getting the help they need. >> understood. ththank you, c congressmanan, fr timeme today. "face ththe nation" " will be r back. stayay with us.. nevever been a repoported ransosomware attk on a c chromebook.k. which h is why thousasands of schchools like thehe fairfieldld-sun unified d school disistrict switched t to google t tools for educucation. so they y can focuss onon teachingg anand 22,000 s students can n focus on l learning, knowining that theheir data is s secure. ( ♪♪♪ ) hi, i'm jill and i've lost 56 pounds on golo. hi, i'm barry and i've lost 42 pounds. knowining that theheir data is s secure. jill and i are a team. if she tells me to do something, i usually jump on board. golo was doable, it's realistic, and it's something we can do the rest of our lives. >>> we turn now to the 2024 republican presidential primary and former new jersey

a lot of areas and a lot of times these rural communities and small west texas community, they have polices and they stayed up until 11:00, filling out this grant the best they could and a large part of that is getting the help they need. >> understood. thank you, congressman, for your time today. "face the nation" will be right back. stay with us. ool districts, whwhich have b become top p tas for ransnsomware attttacks. but t there's nevever been a repoported ransosomware attk on a a chromebooook. whicich is why thouousands of s schools like t the fairfieield-suisun unifieied school d district switcheded to googlele tools for ededucation. so thehey can focucus on teachining and 22,00000 studentss cacan focus onon learning,, knowowing that t their dataa isis secure. ( ( ♪♪ ) ) hi, i'm jijill and i'i've lost 5656 pounds ono. hi, i'm babarry and d i've lost 42 pounds.s. knowowing that t their dataa isis secure. jill and i are a team. if she tells me to do something, i usually jump on board. golo was doable, it's realistic, and it's something we can do ththe rest of our lives. >>> we turn no

west texas intermediate close above $80 per barrel. you can see the price at 7978. you can see on the s&p and the nasdaq futures that the red from earlier is turning to green. a bullish revenue forecast showing computer components like chip is improving. third quarter sales -- it seems like it is carrying over into after-hours trade. the european central bank signaling here is what christine lagarde said. >> we have an open mind as to what the decisions will be in september. this might vary from one month to another. >> it is the end of the central bank bonanza as we get to the end of this week. friday because the bank of japan decision. in repeated consistent guidance we had had. he does not think inflation is sustainable. at the same time, you see this among all the major peers here. we are seeing protection demand. fx traders are concerned about this. we saw the yen rallying as much as 2%. 1% against the grain. kathleen, you have been following the boj for a long time. if this happens, it would be surprising. they are trying to communicate to the markets. if ther

potential daily records of high temperatures being broken, from california, arizona, all the way into west texasly significant expansion of the heat, and daily records could be broken and daily records could be broken and it looks like the peak of the heat will be coming on friday through next monday, and that is when a lot of records will be in jeopardy. we when a lot of records will be in 'eoard . ~ .., when a lot of records will be in 'eoard . ~ ., when a lot of records will be in jeepardy-_ when a lot of records will be in 'eoard . ~ ., ., ., ., jeopardy. we can go live now to our climate science _ jeopardy. we can go live now to our climate science reporter— jeopardy. we can go live now to our climate science reporter who - jeopardy. we can go live now to our climate science reporter who has i climate science reporter who has been tracking the heatwave for us and joins us now. cue forjoining us. let me ask you first of all, where talking about southern europe, and the us, this looks like unusual weather patterns which are happening in quite a few places at the moment? yes, exactly, it is no

and it is culturally, politically in the same bubble as west texas, oil and gas country, god-fearing people. went into the army, obviously simply with my kind of position would be attracted to that. then i decided to make the fateful choice of going into law school and i have been blessed to have work at all levels of the federal judiciary for judge richard leon, the court district judge here in washington and places in the 11th circuit, and working with justice alito's firm. working with senator cruz. then into the trump administration, where i was the acting attorney general for legal policy where we were working with the deputy counsel at the time and the national security council to the attorney general. i think -- i think, i am thinking a little bit about my political and legal trajectory. one thing that was for -- formative for me was russell kirk and reading conservative mind over 20 years ago. before then, i was just disposition only conservative. based on my upbringing and things like that. but i think and you know, i am not necessarily going to agree with everything in the

developing sepsis, a condition that can kill in under an hour in a car in the middle of the west texast or on an airplane is a death sentence. and it's not a choice we should have even had to consider in the first place. how we could do was wait. i cannot adequately put the words the trauma and despair that comes with waiting to lose either your own life, your child or both. for days i was locked in this bizarre and avoidable. would willow's heart stop or what i deteriorate to the brink of death? dancer arrived three long days later. in a matter of minutes, i went from being physically healthy to developing a raging fever and dangerously low blood pressure. my husband rushed me to the hospital, where we soon learned i wasn't septic shock. made evident by my violent teeth chattering and in capacity to even respond to questions. several hours later, after stabilizing just enough to deliver our stillborn daughter, my vitals crashed again. in the middle of the night, i was rapidly transferred to the icu, where i would stay for three days as medical professionals battled to save my life. wh

west texas intermediate.how a geo political risk can add a lot of money to the price of crude. >> it can. now maybe more than in the past. the reason why i say that, charles, if you look at what we've done in the united states over the last couple years, we've tried to control oil prices by releasing oil from the strategic reserve. so our supplies at the lowest level since 1983. they're down almost 200 million barrels from the high. we released that oil before we had an emergency. i don't know what will happen to the strait of hormuz. but i'll tell you this, it's the world's most important choke point. if that ever gets shuts down, we're talking about 22% of the daily petroleum supplies that go from place to place could be taken off of the market. if that happens and you have no oil to replace it, it could set the stage for a major price spike and the danger of an economic shock is high. >> general boykin, the part of jennifer's report that really stood out to me are the bullet holes. they fired in to this sh

deaths, 11 coming in just one two others two others died while hiking in big bend national park in west texasperatures co as temperatures continue to rise experts are acknowledging that we are more likely than not to exceed that 1.5-degree target. in fact it's all about assured at this point. the only way to make sure we don't end up producing a global hospitalization or civilizational heat death is to continue to rapidly expand investments in and deployment of carbon-free energy and then we got to start figuring out how to take carbon out of the atmosphere at scale. but even if we do that, it's going to get hot and hotter. we are now finding out what it is like to live with a level of heat unlike anything humans have experienced for thousands of years. and spoiler and spoiler alert, it's not great. i got a new credit card, and i'm even finding ways to save. finally getting smart about money feels really good. see all you can do with the free experian app. download it now. >>> say his name. >> streaming across the brooklyn bridge thousands walked to honor george floyd. parents and their child

dallas, 75 degrees and towards west texas, some temps into the lower 70s, so things improving a lot acrosss forecast heat index, it will feel like 104 in birmingham, 105 in tallahassee, 107 in new orleans, it's actually a little bit improved, and we improve by a couple degrees by tomorrow as well, maybe a more typical july pattern which allows us to get some pop-up thunderstorms anywhere where it's humid which is across the eastern seaboard and the northeast right now, the most humid air mass we've seen certainly all summer long so far. scattered showers across parts of south florida and most of this moisture around the northeast, new england is going to see a pretty rough day, isolated flooding from this and then we'll see some severe weather later on today especially focusing on the tennessee valley and in towards much of kentucky. all right, back to to you inside, will. will: thank you, rick. still ahead, former president trump promising to take the gloves off as he rallies a massive crowd of supporters vowing a new special counsel for biden. >>> and "fox news sunday" host shannon bream

by monday we cool things down a little bit across west texas.al air temperature, and it is 6:30 in the morning. because of this heat dome that is here, we see storms in that area and we see that again this morning and we will see it throughout the day today and tomorrow. severe weather again for us especially across that confluence of the ohio and mississippi river in the bull's-eye, a tornado or two, some strong wind and hail also. tomorrow it is a little farther east to the mid atlantic. we would like to not see these storms but we have these storms and the smoke that lingering that improves a sunday into monday. joe: hundreds of flights delayed as travelers face major disruptions for the holiday weekend unless they are the ceo of a major airline. scott kirby experiencing a public relations nightmare at 30,000 feet after chartering a private jet amid the chaos. later forced to issue an apology for the decision she call insensitive to our customers who were waiting to get home. how can the rest of us who don't have private jets get ahead of thi

in the range from 75 to 85 is where west texas intermediate will lie as we talk about the stocks, andbrief everybody wants to talk about how this year has been terrible for the energy stocks. it's a true statement. you have to expand your viewpoint and look at the one year and two year returns. they've been phenomenal. what's been going on this year is digesting those gains, consolidating, yes, in part, on the back and the energy stocks like exxon mobil and like the xle in general are ready to roar again. >> something certainly to watch. oil prices up today. >>> coming up next mike santoli joins us with his "midday word." td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back. with your hearing, if you start having a little trouble, you're concerned that it's going

you also can see heat advisories for portions of southern new mexico and west texas, the heat is on andnately, jacqui, it is here to stay for quite some time. folks need to stay in the a.c. as long as they can. >> jacqui: so hydrate, seek out shade and check on your elderly friends. thank you so much. mike. >> mike: moms for liberty spearheading a nationwide campaign to elect members to school boards across the country. caitlyn jenner reacts to media reports of a hostile act of aggression or worse. >> jacqui: a texas woman with a wonderful life, incredible career and some pretty amazing stories to tell. she's heading into retirement after 74 years working at a department store. she and her son joining us next. ♪ what a way to make a living ♪ ♪ barely getting by ♪ ♪ it's all taking and no giving ♪ ♪ they just use your mind ♪ ♪ and you never get it ♪ our ears connect us to the moments that matter. give them the nutrients they need with lipo. it's formulated with ingredients clinically shown to protect your ears from dizziness, ear ringing, and even hearing loss. never miss a moment with l

oil up $.92 per barrel and we are talking about west texas intermediate, not brent.he benchmark has increased above $80. banner day for a lot of assets. jon: and a lot of those considerations weighing on the canadian dollar. the weaker greenback, we have an interest rate decision in canada. two meetings in around we have seen the bank of canada hike 25 basis points. we have rates at 5%, the highest in 22 years. the door remains open, according to the bank of canada governor, for additional moves, even though we have seen some improvements on the inflation front. let's hear from the bank of canada governor talking about the balancing act that lies ahead. >> if we do not do enough now, we will have to even more later. but if we do too much, we risk making economic conditions unnecessarily painful for everybody. we have come a long way and do not want to squander the progress we have made. we need to stay the course to restore price stability for canadians. jon: let's dig into this with dawn desjardins. and get perspective on what matt talked about. kevin cummins is the

nymex crude holding over $75.52 a barrel for west texas intermediate. amber?ber: i'm taking a look at the financial sector. there are winners and losers in their earnings. i want to focus on the winners to kick off. zions and keycorp are rallying. they did see strength in deposits. boy, did they have to pay for them, but investors are at least taking comfort in the deposit space. on the flipside, discover, the credit-card company halting buybacks as a result of issues with regulators. they miss pacified -- they misclassified credit cards charging more to retailers than they should, going all the way back to 2007. and then you have truest. this committee cutting its forecast with respect to net interest income. you saw sales and profits miss expectations. matt: speaking of banks, yesterday we were talking with noted analyst mike mayo, who said it was all clear for the group. >> this idea that banks are going to have a big liquidity capital, or solvency issues off the table with the bank earnings . the industry has turned a page. amber: let's take into the state

west texas intermediate now above $74 a barrel., and chief market strategist tracy shuchart. tracy, we had a few false alarms in the oil patch. i will not get too excited just yet but i'm champing at the bit, but i love the risk/reward with energy related ideas. >> really what we're seeing right now with last week's, last week's rally did trigger a managed money buy signal in crude. we've had hedge fund short positioning reach levels we hadn't seen since the early days of covid when oil went negative, which overwhelmingly negative for the sentiment going on right now in oil. i think we're starting to see a little bit of this unwind, the short positioning. so i do definitely think that we could see $80 again in the near future. charles: what about the other, old-fashioned stuff like demand and all sort of stuff? >> right. we talked about this a lot, you have and i. the physical market still remains very tight and we also have these opec cuts coming along, right? which, the additional 1.5 million barrels per day on just opec plus vol

. >> so sum it up for me the main catalyst that will take oil prices in the high 80s in west texas and 90s on brent is what? what is the catalyst >> evidence of deficits, which means that inventories are going to draw down which makes oil scarcer and should put pressure on stretch why do we expect deficits? because demand is still rising actually we believe that in july this month we're seeing an all-time high for global demand levels and, you know, that reflects a global service economy is on a healthy footing. early this month we had the largest number of global commercial flights ever on record it slowed as a global goods sector even there we're seeing stabilization. if we are right, the global service sector continues to expand and gdp drives 70% of global oil demand that in combination with opec should lead to a draw down and to rising oil prices. >> thank you very much goldman sachs, thank you. >> research initiating coverage of a dozen stocks in boom saying a.i. halo effect will lift the broader tech sector. we'll speak to the analyst behind that call when "power lunch" returns

it sort of meandered from east to west, texas to arizona, but it just hasn't broken.t's stronger at times, weaker at times. right now definitely stronger. i know what you're thinking. it's july, it's the desert, and it's going to be hot. this right here is why we care. the temperatures are above that hot average. the hottest time of the year, it's going to be 100 seemingly. you add 10 to 15 degrees. that's how much above average we are to that. a lot of the country is actually average in the north and northeast or even below average. enjoy that, guys. the people in the west would certainly love to have that, but this is not going to break any time soon in the southwest. again, it's going to meander again. what does it turn into? it turns into 100-plus record temperatures. stretching all the way to florida. don't forget florida. they're setting records. we know oceans are record hot. but all the way to the west, the records are just adding up. you said it. 85 million americans. that's one in four. in the west, it's pretty much four in four. california's getting in it f

getting 1.34 to solidly more than $80, 80.12 for west texas intermediate. let's look at some of the big moves we are seeing under the hood of the s&p 500. meta coming out with a beat and showing discipline on the expense side of things. align -- kids today have it so easy. they don't have the clear braces , multicolored elastics. they get this beautiful invisible line braces to strengthen -- invisalign braces district and other people that is benefiting align technology. we do have some weakness. these stocks rose on results and the latest earnings were a bit of a reality check. southwest and tripoli offering a forecast that was a little disappointing -- southwest and chipotle offering a forecast that was a little bit disappointing. matt: as a result, markets are punishing them significant. interesting to see them moving so low. let's talk about fx. the u.s. dollar is weakening against the yen. the bank of japan is talking about tweaking its yield curve control policy according to japanese news agency nikkei. let's talk to any tauro investment analyst. we h

. >> west texas crude oil. your target is 80.might get a lot of people off the fence. >> we been calling for 80 since is closed 70. today we're actually almost there. this is play opec is so committed to keeping prices high. every time oil prices fall into the 67, 72 range where the u.s. wants to full strategic reserve they keep implementing cuts. this is something i comment on twitter. we have a graph mapped out on there. charles: yeah. >> it is incredible. 80 like you said it is a key level. we could see 85 or 90. charles: bottom line opec will not let biden administration to replenish lower. >> every time at 62 it get in there something has happened. charles: bonds are bullish. couple weeks ago we had jim grant on. a legend on wall street. a curmudgeon, always bearish. he made a compelling case for a 30-year bond market rout. right now you're bullish on bonds? >> we think the market shifted way too far in the hawkish direction with the fed t started out with four rate cuts expected this year. then it went up to three rate hike

for high temperatures being broken from california to the west, through arizona, all the way into west texasl be in jeopardy. around the world and across the uk, this is bbc news. new figures say the uk economy shrank in may, but not as much is predicted. analysts had forecast a bigger drop because of the bank holiday in may marking the kings coronation would have had an impact. when drop of friends and family at some of the uk's biggest airports next summer, charges for a short stay car parks at airports have risen by almost a third, while officers defend the hike, saying the revenues help to keep costs down for passages. the royal veterinary couege passages. the royal veterinary college estimates that in 2021 more than 10% of properties bought in the uk were illegally reported. that is more than double the figure for 2019. the rbc also says that animals brought into the uk illegally are also more at risk of having been exposed to infectious diseases abroad. the charity but paid says pets brought in from abroad are more likely to be aggressive ones as well. —— mike the charity pet aid. you'

two others died while hiking in -- park in west texas.cknowledging, we're more likely than not to exceed that 1.5 degree target. in fact, it's all but assured at this point. the only way to make sure we don't end up producing a kind of global hospitalization or kind of civilizational heat death, is to continue to rapidly expand investment in and deployment of carbon free energy, and then we have to start figuring out how to take carbon out of the atmosphere at scale. even if we do that, it's gonna get hot and hotter. we are now finding out what it is like to live with a level of heat, unlike anything humans have experienced for thousands of years. spoiler alert. it's not great. it's not great ♪ i have type 2 diabetes, ♪ ♪ but i manage it well. ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee ♪ ♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body to flush out some sugar! and for adults with type 2 diabetes and known heart disease, jard

charles: folks, crude having one heck of a july up at least 15%, and that is west texas intermediate.ws no sign of stopping right now. there will be the best pace in over a year maybe finally living up to the hype it came into the year. we bring in kingsview wealth management cio scott martin. last four or five times i saw you've been positioned pretty well in crude t was a little sloppy there. it found support right under60. it has come on strong. one fund hit 200 million in selling when brit hit 80. do you think there will be a sell on the rally sort of thing but can this be a beginning of something more meaningful? >> beginning of end of low prices you mean? probably that is a short term trade for that fund because the brent has rallied so well. so have all the oils. we talk about "faang" or eog. oil producers are paying nice dividends, have great cash flow, paying it back to the shareholders. they have great valuations in a market crazy stretched or stretched in my opinion. time to hide out for a while. charles: a chart last week showed cheapest sector in terms of p-e ratios, was

let's take a look at oil west texas intermediate and crude.ract, that is up as well within 2% 79 - 47. there has been supply cuts by the saudi's and the russians that is lifting benchmark prices a little bit along with growing demand in the developing world for the second half of 2023. the countdown closer says rising oil prices can help the financials of one big energy player making this a good investment. gradient investment you have to admit here oil is not where it could be considering the stance of opec plus. and the moves that they have been making over the last 30 days in particular but you have got and energy pick you like right now. what is it? >> i do. i like devon energy right now. i mean just like you said i feel like the commodity prices of both oil and gas are going to gradually rise? i mean opec is doing everybody they can to keep supply down. the administration in the u.s. is certainly not promoting increased production here in the u.s. i think combination of these avoidance, investors were afraid we would go into a deeper rece

for high temperatures being broken from california to the west, through arizona all the way into west texasy: meanwhile, vermont, chest suffered from major flooding come is expecting major rainfall this weekend. in the caribbean, marine biologists are warning unprecedented ocean heat is further stressing a coral reef system that's already on the brink of collapse. this week, the farmers insurance company said it would no longer cover properties in florida citing increasingly frequent extreme weather and flooding events caused by the climate crisis. colombian officials said wednesday deforestation in colombia's amazon rainforest dropped by 26% last year as the government worked with former rebels to protect the environment. this follows the release of new figures showing deforestation in the brazilian amazon fell by one-third in the first half of 2023 amid a government crackdown on illegal miners and loggers. the brazilian president luiz inacio lula da silva and his colombian counterpart gustavo petro met at a regional summit over the weekend, where they pledged to work together to safeguard

implement total bans of their own, it will cut off access for people in the entire southeast from west texas atlantic coast. joining me now, robin marti, director of operations for the west alabama women's center and the author of the new handbook for a post roe america. robin, you and i have met often to talk about abortion access and reproductive rights i have to ask what are your thoughts on these very bleak predictions for the second year of post roe? >> i'm nervous, obviously. i don't think there's anything in those predictions that are inaccurate. i would say it could actually be quite, a lot worse, than what's being suspected. one of the things that just came out recently was to study that showed that there were likely 10,000 extra births in texas over that year after they are a six-week ban went into effect. we are just now getting those numbers, so we know that we are at least a year behind in lag, when it comes to finding out how many people were not able to access abortion during a period and which abortion is banned. so, well right now, what we're getting are on the quick hits of

liz: west texas, $78 a barrel. >> that's a lot higher than last time i checked. liz: exactly. i tend to look at amazon when i think about tech stocks or at least these big megacap names that hasn't performed like the meta. amazon has news coming out and you're focusing specifically on that and talking to a lot of ceos in the tech world about what happens next there. >> two big things that ceos are focusing on and if they're in any industry, liz, how do we employ ai into businesses to grow. if you're in the tech industry, what's our ai story and how do we make money for it. google and microsoft came out early. they had a plan, they're showing revenue. of course everyone saw nvidia and amazon wasn't as quick to react and there's the largest infrastructure business in the cloud but their ai story while they had a great set of data services for ai but what they didn't have was here's how we're going to make money in the space. tomorrow they're coming in and going to launch their general ai strategy in new york city and i'm interested because i think they're not too late. a lot thi

so when it rained out here in west texas, my my dad said, son, don't take credit for the rain because brought, and there's drought more than it is raining. these are people who are not in direct contact with reality, all i can say. and the mainstream media has fallen for it. elizabeth got it. rick perry, thanks for joining us tonight. we'll have you back on, we hope, soon. >>> we're staying on that bombshell document released alleging joe and hunter biden, quote, coerced the burisma ceo to pay millions in bribes. the push to verify this serious charge is now on. and republicans on house homeland security teeing up the potential impeachment of secretary mayorkas. also, gop senators slam democrats for attacks on the supreme court after decisions do not go their way. stay with us. ♪ ♪ more shopping? you should watch your spending honey. i'm saving with liberty mutual, mom. they customize your car insurance so you only pay for what you need. check it out, you could save $700 dollars just by switching. ooooh, i'll look into that. let me put a reminder on my phone. save $700 dollars. pick u

that's going to be west texas through the phoenix area. as far as rainfall goes, cooler weather from the great lakes to the northeast. how hot will it get next week? the hottest ever in phoenix is 122 degrees, it's happened a couple of times. next week, 117, 116, this is a week away. these numbers could fluctuate. if we have a chance, it could be wednesday or thursday, getting up to the 118, 119 levels, so we're going to approach some of those all time records. top ten hottest, guaranteed possibly into the top five ever. other stories out there, we haven't had a lot of bad severe weather the last couple of days. not expecting a ton today. we will have a chance of a few areas getting some strong storms in north texas. we continue with heat headlines as i'm sure a lot of people have been seeing. the last four days on planet earth have been the four hottest we have recorded. >> you know how i'm telling you, i would prefer is 110 degree heat that's dry over humid, for one day, maybe, not 6 or 18, poor folks in phoenix. >>> let's go to capitol

so that extreme heat continues all across to the west in texas, but we're seeing things chengdu to a surge in monsoonal moisture, and that's going to also impact us here in the bay area. we're seeing those high clouds overhead, and the green indicates where we are seeing some of the higher amounts of moisture, which may also trigger some thunderstorms over the sierra. we'll be watching out for that. now, once the drier air returns for the middle to end of the week, high pressure will be building, and our valley temperatures will get much hotter. so take a look at livermore. we're going to go from seeing highs midweek in the upper 70s to mid-90s on saturday and then hit a high of 100 degrees on sunday. so a drastic change as we goat to the weekend with the summer heat blasting back. and it's going to be definitely one we'll have to plan around the temperatures and the microclimate, because it won't be as warm in san francisco. here we're looking at highs in the low 70s for the weekend. scott and laura? >> thank you, kari. >>> happening now, santa clara county has found mosquitoes with

>> well, we've been moving this heat wave, like it was in texas, then the west, then to texas, back to the west. now it's going to move back towards texas again. already warning from san antonio to dallas. it's not like the desert southwest with the dry heat. now we're adding more moisture and humidity so we start talking about the heat index problems. vegas is already -- it's not even lunch yet, 105 degrees. miami continues to be very warm, stoo. that's more of the humidity added with it. these are the areas with a chance of record highs, amarillo, consider pus christy, phoenix are close to record highs. tomorrow we'll come close to record highs near like birmingham, areas in north carolina, new orleans. san antonio is going to be 104. wichita falls near 110 degrees. this isn't ending any time soon. no relief in sight. areas are going to stay very warm, chris, right through the end of this week. >> bill karins, thank you. i'm sure we'll be seeing you throughout the week. >>> the extreme heat in arizona has super heated some sidewalks to 180 degrees. coming up next hour, i'll talk to a

west texas intermediate near $72. brent near 77 dollars. reaction has been swift.vers seeing it speculative of short coming. the decisions to extend voluntary cuts have been made on the sidelines. the opec international seminar. it is a two congress, not only opec. -- conference, not only opec. other big companies and academics. it provides or allows for these discussions. what is also interesting is opec has canceled accreditation for reporters, bloomberg, wall street journal. it is the second time in a month opec-plus has done this with no real expectation. a lot of the news coming out of the meetings is not as swift or expeditious as normal. algeria has joined in voluntary production cuts. we understand the uae will not join voluntary cuts at this time. the swift reaction in the last couple of days despite low-volume, oil prices have moved a bit higher. haidi: what are we hearing in terms of the bigger picture? >> short-term, opec's action appears to be working. brent oil prompt spread, the gap between the contracts and the bullish structured backwardation. the

you know, for i if look at i mean, really in in the west in texas. right. you see those kind of discriminations and. there are, you know, in many ways for every i i immigrant group are a key to establishing a foothold in the country. and and, you know, being able, you know, establishing a foothold in apollo and really belonging. so much revolves around landowning. so actually, there is a there's a way a wonderful scholar named eleanor who has done really, really fascinating work relating to jamaican immigrants, to the united states. and he describes she describes them as she has an article, the blacks who got their 40 acres and describes how i their i i immigration practice involved doing all kinds things to as you know as a community to try and acquire land as much as possible as quickly as possible and how that was a key to just social mobility for for them as as immigrants. yeah. when you talk about inequality. in property, you mostly talk about homeowner with private landowners, but that you spend more on how businesses work because and how black and wh

commerce bank did trim their targets for the year-end brent west texas, they go from $80 to $85.t is that analysts generally overestimate the impact on supply >> right >> ukraine and out of pec. >> it helps explain why we're still bsh w-- why a softish landing is still in play a lot of things have to go wrong at once, and one thing that's not really going against the economy right now is the energy bill relative to last year >> we did see how quickly that can change >> of course, absolutely >> and if there's any kind of shift in the geopolitical situation, you know, that can change really quickly. >> and china >> and china and the overall efficiencies, though, of the producers here in the united states does give some comfort in a way that maybe historically wasn't the case where, you know, these moves by saudis and the russians could have had a much more demonstrable effect on prices now the u.s. in its efficiency and producing and so forth is kind of able to run its own game >> yeah. it's good to be the marginal player on the fda, "squawk" did a great job covering the approval o

represent north of the dfw airport the competitive renewable energy owns governor perry created for west texasng that energy east to dallas fort worth but they had to put the transmission lines through somewhere and that's the backyards of people in my district so i heard about it at the metime but the same is true for natural gas because there's gas produced in the permian that cannot be immediately used unfortunately. some is vented. some is flared but at the same time that is product needs to go to the large metropolitan areas to the east or to the terminals where it can be liquefied and shipped offshore. so i appreciate your comments along those lines. this does take all whole of government approach. mister walker talked about on the transformers and the lack of transformers, are there similar problems with your inverters professor stockton that you were talking about, do we have a satisfactory supply of inverters for all the renewable energy brought intothe grid ? >> i'm going to open up a rabbit hole for us to chase down. manufacturers in china are important producers of inverters being

i represent just north of zfw airport -- dfw airport and renewable energy resorts creating from west texas to bring the energy east to dallas fort worth but they had to put the transmission lines through somewhere and that somewhere was the backyards and same is true on natural gas and produced in the permeant and we need to end that and the comment that needs to go either to the large metropolitan areas of the east or to the terminal where is it can be liquefied and shipped offshore. mr. walker talked a bit about on the transformers and lack of transformers, are there similar problems with your inverters, mr. -- professor stockton you were talking about and do we have a satisfactory supply of inverters for all of the renewable energy being brought into the grid? >> well, i'm going to open up a rabbit hole for us to chase down. manufacturers in china are important producers of inverters being deployed nationwide across the united states. i think looking at supply chain risks, not just availability of critical products but the risks that china will exploit these products in order to conduct