The 70s that wiped 2 3 of the value of equities. That was then. Is it now . It is hard to say but early indications no. Whats remarkable here my friends, as we look at these numbers how tame they are, considering what is going on. If this were to have occurred back in the 70s and the Worlds Biggest Oil producer which saudi arabia was at time, so much of its oil sidelined we would be in deep you know what. So far does not appear to be the case. Price Futures Group Senior Analyst phil flynn at the cme. Phil, it is remarkable, you know . It really is and you really got to credit the u. S. Energy industry, donald trump and his Energy Policies allowing u. S. Energy producers to do what they do best, that is producing energy. It raises concerns when you listen to the democratic president ial candidates and their Energy Policies what a different story this might have been if we had a democratic president right now. It could have done a lot more damage to the u. S. Economy because these are ca
Overnight shift. Reporter reenforcements keep arriving as the fire grows, here are a number to strike it that they were sliding that sand fire in Southern California and they got that call to come straight there. After driving on sunday night, working monday and tuesday there and then wednesday morning we would get relief from that fire and dispatch down to this fire. Reporter immediately they are tired that crews are happen mapping out on trailers before heading out. You try to pick up. Reporter there are personalsacrifices about about it too. And some of those arriving are defense specialists. These crews will try to protect the 2,000 homes still threatened. Weve been able to bring in more resources so that we could defend those communities, as much as we possibly can. Reporter while they have been working with the bulldozers, retardant to make that perimeter around the fire that it will continue to grow with what they thought would take a week to contain that will now take more than