Morning. It is a little cooler out here, i noticed we had that warm, warm day thursday, all of a sudden, two days later, here we are Rosemary Orozco joining us now with how this weekend is shaping up. Good morning, rosemary. Happy saturday, may i say, happy first day of summer, the summer solstice arrives to 43 this afternoon, maybe i shall say, enjoy the final moments of spring, a look outside this morning, we have a partly sunny, partly cloudy sky, a bit of a breeze, for a dramatic drop in temperatures yesterday, for your weekend, we are going to be right about where we should be for this time of year, we can up with temperatures right around 50 degrees for cooler spots, almost 60 degrees for the inland, getting into the afternoon, 60s at the coast, 90s inland, a repeat expected for your fathers day sunday, better details on what is going on here today, and the extended forecast in just a little bit. California now has the second highest number of coronavirus cases in the country, th
Few today and we flirt with some serious likely tomorrow. 50s and 60s on the temps in the excessive heat morning starts at 11 00 a. M. To 7 00 p. M. And after that it will change and 60s for many already prepared with 65, 64 in san jose. Berkeley one observation in Half Moon Bay 48 and sfo 50 degrees. There are a few on the mild side. The week ahead looks pretty hot through wednesday and thursday. After that huge change. I will get to that in 10 minutes. The highs are toasty but the low to the west southwest is on its way are probably friday into saturday and maybe rain. I kid you not. 67 is where we should be in 70s and 80s and 90s and lets go back to pam and frank. That will be quite a change. Thank you, steve. Happening today Governor Newsom will issue guidelines on how churches can reopen. On friday a federal Appeals Court upheld Governor Newsoms band and in person Church Services. The ninth Circuit Court of appeals ruled the governments Emergency Powers override what in normal tim
Looking up for the economy and then suddenly we got negative data points that changed everything and made the recession a plot more likely sure, that may be the profrnl mat cause of todays decline, losing another 494 points, s p 500 plunges 1. 79 . Nasdaq plummeting 1. 76 . Sell, sell, sell, sell but the truth is a lot simpler. We were due for a selloff. How i do know . Because thats what ive been telling you for weeks. A month ago i told you about the s p 500s short range oscillator indicator. This is a tool i pay a lot of money for that tells you almost with uncanny accuracy when the market is overbought or oversold, overbought meaning due for a pull back, oversold means you have to start buying when the oscillator is above five, it always almost means we came too far too fast. And you need to do some selling. Well, when its well above 5, you need to aggressively raise cash as i told you last month the oscillator went extremely high reading, told you we were due for a bruising i stwu
One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own stockholders. This is the story of an American Business firm which has become an integral part of a nations social and economic progress. Venezuela is a country of great natural resources, but only oil and iron have been tapped on a large scale. Th
Products are now available at the new cspan online store. Go tose and stored see san announcer in 1950, oilrich, venezuela was the fourth most prosperous country in the world with an average annual income of about 7500. With only switzerland, new zealand, and the United States doing better. In recent years, oil prices have dropped and venezuela has experienced political and economic turmoil. The country is now number 126 on the list of per capita gdp. Next, people and petroleum, the story of creole in venezuela. A 1950s promotional film showing the history of Creole Petroleums development and in venezuela, and what it argues are benefits to the country, including health care, education and infrastructure. At the time, creole was a Standard Oil New Jersey venuzuela affiliate and the worlds number two oil producer. It dissolved when the country nationalized their oil industry in the 1970s. Narrator stretching along the Eastern Shore of Lake Maracaibo in venezuela, is one of the industria