The biggest economic story since the financial crisis. Crude oil prices have plummeted 60 in five years, leading to massive layoffs, production cuts, 2016 brought relief to the Energy Sector with prices rebounding off of decade lows. Anthony the question on investors minds, what happens next . We welcome Legendary Oil investor billionaire Boone Pickens, chairman and ceo of b. P. Capital. What do you see going on with oil today . Its going up because you hit the low in january, 26. 19. Back up to 43 today. Yeah. Okay . Now youre headed, you hit the low, and when you went back and checked it, we went back to 26 twice, now youre going to go twice that in 12 months. By the end here, youll be back to 50. Anthony you think theres a lot of governmental intervention in the market, saudi arabia in particular, and opec driving that . Or is that fundamental supply and demand . No. Weve had five times, since 1980, we have hit a low, rebounded within 12 months. But four times the saudis, they balan
The collapse in oil prices is the biggest economic story since the financial crisis. Crude oil prices have plummeted 60 in five years, leading to massive layoffs, production cuts, 2016 brought relief to the Energy Sector with prices rebounding off of decade lows. Anthony the question on investors minds, what happens next . We welcome Legendary Oil investor billionaire Boone Pickens, chairman and ceo of b. P. Capital. What do you see going on with oil today . Its going up because you hit the low in january, 26. 19. Back up to 43 today. Yeah. Okay . Now youre headed, you hit the low, and when you went back and checked it, we went back to 26 twice, now youre going to go twice that in 12 months. By the end here, youll be back to 50. Anthony you think theres a lot of governmental intervention in the market, saudi arabia in particular, and opec driving that . Or is that fundamental supply and demand . No. Weve had five times, since 1980, we have hit a low, rebounded within 12 months. But fou
The collapse in oil prices is the biggest economic story since the financial crisis. Crude oil prices have plummeted 60 in five years, leading to massive layoffs, production cuts, 2016 brought relief to the Energy Sector with prices rebounding off of decade lows. Anthony the question on investors minds, what happens next . We welcome Legendary Oil investor billionaire Boone Pickens, chairman and ceo of b. P. Capital. What do you see going on with oil today . Its going up because you hit the low in january, 26. 19. Back up to 43 today. Yeah. Okay . Now youre headed, you hit the low, and when you went back and checked it, we went back to 26 twice, now youre going to go twice that in 12 months. By the end here, youll be back to 50. Anthony you think theres a lot of governmental intervention in the market, saudi arabia in particular, and opec driving that . Or is that fundamental supply and demand . No. Weve had five times, since 1980, we have hit a low, rebounded within 12 months. But fou
Found him liable for the murders. Hes imprisoned in nevada on a robbery robbery kidnapping charge. Later we will speak with mark fisher from the Washington Post and we will ask him what he thinks of todays developments and why its only come to light now. Now to breaking news in montgomery county. Chopper4 is over the scene of a hit and run crash voflginvolvin school bus. This is columbia pike and blackburn road in burtonsville. Police on the scene believe a car with three people inside hit the bus and then those three took off running. Police are directing traffic away from the scene. An 11yearold girl was hurt in the crash and was taken to the hospital. We will continue to watch this story and bring you any more information right here and on the nbc washington app. Right now investigators are responsible for a series of bomb threats at seven Northern Virginia schools today. Theyre located in arlington, Fairfax County, falls church, and Loudoun County. Bureau chief julie carey is at on
Floor fight. My strategy is vote for me in florida but vote for me everywhere else too. And if the washington dealmakers try to steal the nomination from the people, i think it would be a disaster. Reporter john kasich said he will support trump too but a brokered Convention May be his last best hope. Hillary clinton turned her attention to michigan and its 147 delegates. Bernie sanders took aim at an even bigger prize, illinois, which votes march 15th. Democracy is not about billionaires buying elections. Reporter two races still up for grabs, but that could all change in the next two weeks. And in the next five days, Hillary Clinton and Bernie Sanders face off in two debates. Sunday night in flint michigan and wednesday in miami. Jim . Brian mooar. Thanks. Right now the conservative Political Action conference is under way at national harbor. Just a few moments ago dr. Ben announce that he is suspending his campaign. Chris gordon is at the conference now with a look at what he plans