Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
Last week, i warned you. Didnt think it wouldlast. More bad news about the pandemic and we would get slammed again thats what happened today dow plummeting 900 points, s p plunging 1. 4 . Nasdaq also nose diving, 1. 4 . Last night the president gave us pretty down beat, realistic forecast for covid19 fatalities if youve been following the experts and a potential death toll in the hundreds of thousands, might not have surprised you. But for a lot of investors it was a rude awakening i cant blame anyone for selling after that miserable First Quarter with very little good news on any front in the battle against covid. Lets be real. This market is an incredibly leaky ship if youve been laid off, having health problems, your family is hurting, supporting a loved one out of work, youre most likely going to have to sell stocks to get through this period. People need cash you cant fight that kind of selling. Thats what were seeing so why not simply dump everything, flee, maybe head for the hil
Cspan2 with top Nonfiction Book authors every weekend. Book tv, television for serious readers. Good evening, everyone, welcome to the bookshop, we are happy you are here tonight to we are happy to have Megan Kate Nelson with us with her new book, the threecornered war, the union, confederacy and native people and the site for the west. This is an engrossing narrative account which shows how the civil war, the indian wars in western expansion are all interconnected, the 1860s were a time of National Conflict which involved not only the north and south but also the mark in west. Her primary Source Research involves letters and diaries, military records and oral histories and photographs and maps from that time and nelson write specifically about nine individuals who worked toward Self Determination in the fight for the region. Some of these people are fairly known to us like frontiersmen, and wanita who we get to know their stories lost to history until now. And nelson unearth their sto
Means to travelers but first, the Supreme Court today issues a decision that will keep former President Trump on the colorado ballot just before super tuesday. Tomorrow youre watching, getting answers. Im kristen sze. Thanks for joining us. Tomorrow, california will join more than a dozen states in Holding Elections on super tuesday. Bay area voters are being asked to make important local, state and federal decisions, joining us live now to preview this march primary is politicos senior politics reporter jeremy white. Hey, jeremy. Hey, kristen, so much for us to talk about today. I want to start with the Supreme Court, which voted unanimously that colorado cannot just keep trump off its ballot. So he will be on it tomorrow when colorado participates in super tuesday. What was the rationale and what does this mean . Well, this means that we are going to continue towards what seems to be inevitable, which is that donald trump will be the republican nominee. Im not sure how much of an inf
, nearly 1 million acres of scorched earth the race to get out, as families wake up with no homes. New questions for boeing. Why the Justice Department is now investigating the company, after the midair door blowout earlier this year. And overnight the Emergency Landing due to a planes cracked windshield. Gio is tracking it all. Murder mystery in amish country. The urgent search for the killer after a 23yearold pregnant woman was found dead in her home. Were live on the scene. Breaking up with spring break . The popular destination cracking down on vacationers. This morning the points guy is here to help you pick the best spot and stay on budget. Sour note. With excitement over the return of the chocolate movie king, an unauthorized disappointing willy wonka experience shut down. What the actor who was hired to play wonka told us. So where is the beef . Wendys responding to reaction over surge pricing. Special delivery. I just delivered my baby. You did . Yeah. One familys newest membe