through those routes. 0vernight, oil prices dipped, but will it last? for a closer look at the energy markets, let s speak to rebecca babin. she is a senior energy trader at cibc private wealth. great to have you on the programme. how much other concern is this price rise? 50 how much other concern is this price rise? ~ how much other concern is this price rise? ~ , . rise? so i think the concern right now is really rise? so i think the concern right now is really kind rise? so i think the concern right now is really kind of now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal, what it is concerned with right now and the reason it has risen 6%, is because the shipping costs associated with travelling around the southern tip of africa to reach its destination as around 15 days of travel time. it increases freight costs. and it has inc
several hours to get a closer look at the destruction. also the middle of the damage, charles watson for we in mississippi what is the latest? surveying for a couple hours now and it s hard to believe all the destruction we are seeing. a lot when tornado hit but it doesn t look like a bomb hit, take a look at the level of destruction. tons of tree branches down, large trees. look at this house, you can see folks beginning what is expected to be a lengthy cleanup. we spoke to one of the folks who live over there who told us there carport was lifted up and detached from the home so that s what those folks are dealing with over there. the street you can see a lot of debris hanging around for folks to clean up. we ve seen folks in the streets in this particular community working as fast as they can to try to clean some of this stuff up so they can get roadways clear so folks can get to their properties to assess the damage but a simple look and you know it s going to take folks
and even the border restrictions remain in place. one group even tried to break into a rancher s home in texas 50 miles from the border. the video shared with fox news shows the moment the suspected illegal immigrants to pry open the windows to use a two by four as a battering ram. this is not the first time this has happen on this owner s property. thankfully, upgrades made to the security after previous break-in attempts stop the suspects this time he was still, other migrants vowing we will get in. one telling the new york post we have hopes of crossing in the u.s. we want to cross legally but we will cross illegally if that is our only choice. with all the mayor and el paso has so many beds and medicine. we don t know if that applies to us but many people are growing desperate and crossing illegally. others say, we are here waiting, trying to do things legally but you see others sneak in illegally, and it makes you wonder if you are the dumb one for waiting. you know,
and tom homan are here to weigh in. but first. our luggage is missing, mia. canceled southwest, hopefully will get a refund. i have three kids. gillian: stranded travelers are begging southwest air to get its act together as the holiday travel meltdown is stretching on yet another day, flights going nowhere. welcome to america reports. gillian turner in washington. great to be with you. anita: always great to spend two hours with you, gillian. john and sandra have the day off. southwest customers are not only struggling, but a good chunk of the hundreds of thousands delayed passengers have no idea where their luggage is. they are desperate to find bags with crucial medicine and baby gear. gillian: those hopes hoping to be rebooked today, not having much luck. more than 2300 southwest flights so far have been canceled already. the airline says the trouble is not going to end most likely until early next week. anita: and the big wigs blame the blizzard for the t