The president s war on coal. How do you feel about it and do you have a voice . For the next few hours you will have a voice. Varney company is about to begin. All right. We are starting with oil and gas. The price of oil is bouncing back just a little today. With just under 46 a barrel, but thats relatively cheap. Please remember, a couple of months ago, oil was in the mid 60 per barrel range. Right, now youve seen oil and were finally seeing that steady drop in the price of gasoline that we have been looking for. Down a penny, the National Average is 264 that makes it nine Straight Days on the price of regular gas, its come down in price. There are two states tied for the cheapest in the country. South carolina and alabama. Both paying an average of just 2. 26 right now and falling fast. Check out this picture, sent to us by our viewer, chris, by spartanburg, south carolina, paying, 2. 19 a gallon. Thats what hes paying on the side of route 95 what it is. Well put them on the air, it
This is overheard. applauding katharine hayhoe, welcome. Thank you for having me. Nice to have you here. So i thought we would do a baseline for this conversation. Alright. So, establish a baseline. Global warming is real . Yes. Climate change is real . That too. Climate science is legitimate . Yes and its very old. So whats everybodys glitch . Why is this even a thing . Why are we even arguing about this . This is the big debate. It is. [evan] yeah. The number one reason were arguing is because people dont like what they perceive to be the solutions and its easier to say it isnt a real problem than to say it is a real problem, but i dont want to fix it. So is the problem a problem of ideology . Is the problem a problem of faith at odds with some of this stuff, science, and whathaveyou . Is the problem a problem of economics at odds with this or is it some combination of those things . The smokescreens that we see when it comes to Climate Change, the smokescreens people throw up, are s
Are you gonna run for president . I think i just got an f from you actually. laughing this is overheard. applauding katharine hayhoe, welcome. Thank you for having me. Nice to have you here. So i thought we would do a baseline for this conversation. Alright. So, establish a baseline. Global warming is real . Yes. Climate change is real . That too. Climate science is legitimate . Yes and its very old. So whats everybodys glitch . Why is this even a thing . Why are we even arguing about this . This is the big debate. It is. [evan] yeah. The number one reason were arguing is because people dont like what they perceive to be the solutions and its easier to say it isnt a real problem than to say it is a real problem, but i dont want to fix it. So is the problem a problem of ideology . Is the problem a problem of faith at odds with some of this stuff, science, and whathaveyou . Is the problem a problem of economics at odds with this or is it some combination of those things . The smokescreen
Say. Nikkei did not lose. That would be war or something. Okay. Lets also take a look at europe. You see the early markets there. The dax and the cac are slightly lower. The cac is essentially flat. Ftse up. 50 . Check out crude this morning, this is going to be interesting. This comes after the largest weekly draw down in crude stocks. Crude oil was higher yesterday during the session. When that news was released after the close of the session, wti traded everyone higher in extended hours, up another 1. 8 to 46. 32. New data from the American Petroleum institute showed a surprise plunge in u. S. Crude stocks of 12. 1 Million Barrels. That would be the largest one week decline since 1985. Couple other big stories were watching this morning. Hewlettpackard noncore with british micro focus. Hp at 21. 98. This is all part of hp to try to focus on areas like storage and networking. Reporting mixed results. Firm oos Current Quarter Earnings Guidance met expectations in a program note. David
A have you good morning and warm welcome to cnbc. Im wilf spice girls good morning. Exactly. Appropriate. Its throw back thursday. No theme. Just throwing it back with classics. Cant do much better than spice up your life. Lets see what the market is doing. Not very spicy. Called higher, albeit, fractionally. The s p and the nasdaq also expecting slight gains. Yesterday western essentially flat, the nasdaq fractionally higher. Apple also outperformed closing out 0. 6 . Get to its products announcement just shortly. If we look at the tenyear note as well, youll see yields just slipped again. Not much. Were now at 1. 534. Certainly the tune of the last week since fridays disappointing jobs report has been easing of expectation of when well see rate hike. Seen the yield slip steadily down to 1. 534. You have no idea how impressed i am about your spice girls repertoire. I didnt sing it. You knew what it was. Of course. I knew its meant to be gold power, but teenage boy power too. European