Pretty good so far. But it is a little windy. Be extra careful this morning because of the gusty winds. Dave mentioned a couple of specific areas. But they ask you to be more careful. Lets take a look at 80 westbound as you drive out to the mcarthur maize. This is a look at the commute here and the traffic is moving along okay. And across the bay area bridges, you see the chp is worried about you encountering gusty winds. This is a look at 880 north and southbound. No major problems here on 880 as you drive through the area. And the east bay commute is looking good. You see a lot of green on the road censors. And they change colors. And when you see green that is good. Lets go back to the desk. Were starting this friday morning remembering the amazing life and talent and the music of principle. Prince. Prince. Fans all over the world through the music street still stunned and in shock this morning by the sudden death of prince yesterday at the age of 57. An autopsy is scheduled today i
Temperatures in the 60s coast, bay and also inland. Sal, that rain as promised. And yes, traffic issues already, we have slow traffic and wet conditions. People slowing down in the rain, steve. You will see the traffic here on the Golden Gate Bridge though, that looks light and there have been no major collisions, this reported inmarin county, the other side of the Richmond Bridge report of a brand new traffic collision, just happened, three vehicles in the center divide. Looks like they are blocking lanes one and two. That just happened a few moments ago. Chp is on the way. Lets look at 880 northbound and southbound, traffic here looks good well, looks wet, hard to tell with this picture but the wind is also going to be a story as steve mentioned. If you look at the south bay commute we have slow traffic. Looks like its let up a little. The traffic so far in the south bay looks good. 601, in about an hour San Francisco public utility crews may have a better idea of what caused a major
Latest on data. Are looking at the Consumer Confidence index to come in for january. 96. 1 is the expected number. In december, it wasnt optic from november. Consumer spending makes up about 70 of the economy. This is an important number. Americans have been optimistic. The job market improving as well as cheap fuel. Oil and gas helping the pocket book. I want to point out that the university of michigan came out with its preliminary number with a 93. 3. That was its highest reading in the last seven months. They say americans expect cometion to calm to in around 94. Number,it for that lets look at what is happening on the markets. Dive into my bloomberg terminal with the imap. This is the s p 10 sectors in health. Nine are in the green, let it of rising oil. Energy up 1. 4 . Consumer staples at 1. 2 . Utility at 1. 2 . Lets look at the markets. Markets earlier were in the red, but they switched into the green. Those are rising. Nymex crude, 1 . Positive territory around the 6 00 a. M.
Im scott mcgrew. When it comes to american independence good news. Lots of natural gas. Bad news, natural gas is not the kind of gas you need for your car, not without significant modification to the car, but what if you could modify the natural gas . A San Franciscobased startup sald siluria is turning natural gas into gasoline because natural gas is so inexpensive the company says it can manufacture gasoline for 1 a gallon. Investors love the idea. The company has raised 100 million in funding. Ed deneen is ceo of siluria. Has 35 years of experience in the petro business joined by david baker of the San Francisco chronicle and hanna kuchlor of the financial times. Considering i got a c in chemistry, is this chemistry or alchemy, something nobody else has done before or somebody that really knows Petro Chemicals knows what hes doing . Well, the chemistry is actually old. Its been around 40 years or so and the industry worked on it 10, 20 years, you know, so 20 years ago and was not su
Im scott mcgrew. Comes to American Energy independen independence, we have tons of natural gas. Bad news, natural gas is not the kind you need for your car, without significant modification to the car but what if you could modify the natural gas . A San Franciscobased startup called sell lure ya is turning natural gas into gasoline, so inexpensive it can manufacture gasoline for 1 a gallon. Investors love the idea. The companys raised 100 million in funding. Ed dineen is ceo of sell lure ya. 35 Years Experience in the petrochemical business, joined by david baker of the San Francisco chronicle and Hannah Kuchler of the financial times. Considering i got a c in chemistry, talk to me about is this chemistry is this sort of alchemy, something nobodys ever done before or somebody who knows petrochemicals gonna say i know what he is doing . The chemistry is actually old. Its been around 40 years or so. And the industry worked on it 10, 20 years, you know, so 20 years ago and was not success