That they are not searching for any suspects at this time. We did just peek with the police chief here speak with the police chief in ashapee, hell have more information once he talks to the d. A. s office, we are awaiting that update and as soon as we get the details, well bring them thousand. Live in ashapee, Christine Mccarthy, fox 25 news. Mark do you know this man . Police want to talk to him about a scary attack in rockport. A woman was out for her daily walk when she was jumped from behind. Elizabeth the attacker took off when the woman started screaming. Fox 25s crystal haynes spoke with t find this woman, just moments after it happened, crystal. The reporter this neighborhood certainly shocked, because you have elderly housing here and families, and i spoke with john ring, who is actively part of this community and he says, when he heard screams from outside his window, he just had to rush in to help and he found this woman stunned, standing in the road. It was a normal wednes
After being down 112. Thats when oil was really rolling over. Nice recovery there. I have to ask you, how it is that this market, it is still so hot since the price of oil, remember oil rallies a tiny bit off the lows, averages are able we may as well just be one giant stock market devoted to devining oils direction. The pump everyday i go to work. Ive been adamant about the good things that will ultimately industry when Energy Prices stay low. However, lately as oil keeps plunging, theres a dark underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every its the financials now. When oils sold off, we saw small thats no longer the case. Companies that used to be much bigger than they are now, Companies Like chesapeake, chk, which is right in the blast zone of
Underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every tick up or down in the price of oil. Its the financials now. When oils sold off, we saw Small Companies go belel up. Thats no longer the case. Now were worried about companies that used to be much bigger than they are now, Companies Like chesapeake, chk, which is right in the blast zone of the recent selloff. For those of you not familiar with chesapeake, they were among the largest natural Gas Producers in the world. It borrowed big and bought key assets making acquisitions with loads of debt that amomo other reasons contributed to the job. Now he had the foresight to recognize that natural gas wasnt going to grow much. Sow moved aggressively into oil while it was rising. And looked like chesapeake w
Nice recovery there. I have to ask you, how it is that this market, it is still so hot since the price of oil, remember oil rallies a tiny bit off the lows, averages are able to bounce so definitively that we may as well just be one giant stock market devoted to devining oils direction. I feel like im throwing up at the pump everyday i go to work. Ive been adamant about the good things that will ultimately happen to america and american industry when Energy Prices stay low. However, lately as oil keeps plunging, theres a dark underbelly that we havent addressed enough on the show. Namely that the longer crude keeps collapsing, the more stress there is in the system. The worst of fundamentals get for the financials that lent the Oil Companies money, thats what were discovering now. Thats why were glued to every tick up or down in the price of oil. Its the financials now. Companies go belly up. Thats no longer the case. Now were worried about companies that used to be much bigger than th
Its the financials now. When oils sold off, we saw Small Companies go belly up. Thats no longer the case. Now were worried about companies that used to be much bigger than they are now, which is right in the blast zone of the recent selloff. For those of you not familiar the largest natural Gas Producers in the world. It borrowed big and bought key assets making acquisitions with loads of debt that among other reasons contributed to the ultimate removal from the ceo job. Now he had the foresight to recognize that natural gas wasnt going to grow much. Sow moved aggressively into oil while it was rising. And looked like chesapeake was going to become an oil star. When he left in 2013, chesapeake had a market capitalization of 18 billion. Its the other side of the ledger, though, that the matters here. Namely, the 16 billion in debt that the company racked up putting all the assets together. That debt load is a real problem, not just for chesapeake, for a lot of people. Chesapeakes cash f