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Transcripts For FBC Varney Company 20140612

364. Four dollars in california. As we digest all of that disappointing news, cheer up, everybody. We have a new instant billionaire. 400 million from the banks. Varney company is about to begin. Stuart we know that both sewall has fallen. We just got the news that cribbs has also fallen. What is your reaction to this. Great job obama. Great job, dude. It is flat out chaos. Taking control of two of the countrys biggest cities. Now moving south. They are approaching. President obama has reportedly denied the request. He says he is confident that forces will regain control. Citizens of that city are leading in droves. Half a Million People have fled. Now the market reaction. The price of oil spiking. We are now at 105. 87. Iraq exports 3 Million Barrels a day. That price, what you are looking at, goes up. Dan Dan Henninger from the wall street journal is here today. Is it as serious as what happened in crimea . The price of oil is going up. They have taken the city. Even the turks have t

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