basically with the cost of oil dropping, they got caught. and when that happened you could really see, socialism doesn t work. it can t really withstand the long-term economic up and down. and they ve been down for a long time. i want to go back to pittsburgh and then garrett tenney for reeking of elements. the presidential motorcade has just arrived here at the tree of life synagogue. he is joined by the first lady as well as his daughter ivanka and her husband jared. steven mnuchin, all three of them practice the jewish faith so this visit is specially impactful for them. as they come here to the synagogue, they will be walking past this vigil that has been growing over the last few days that we mentioned. thousands of people have been coming at all hours of the day and at night to come by with songs and prayers, lots of tears being shed as they remember the 11 people who lost their lives.
retreated 70 feet a year. and say we are losing 70 tons of ice. mr. obama s last stop is the tiny coastal town of kots abu e. but he is not meeting with a single person tied to alaska s lifeblood, the oil industry. 90% of alaska s revenues come to us from our oil production. oil production on the north slope. we ve been providing jobs and economic opportunities for alaska, and around the country for 40, 45 years. reporter: with the price of oil dropping, alaska s economy is suffering. it s in the red $3.5 billion this year. and conoco phillips a major employer just announced it s cutting 1800 jobs company wide. the obama administration s all of the above energy strategy in alaska is pleasing none of the above. environmentalists are outraged the president recently permitted shell oil to go back to drill in the arctic this summer. they sued in protest in seattle.
close election. but the worry is what happened in 2011 after the last election, zain, when the opposition lost the election and some of its supporters went out into the streets and over 800 people were killed. so it s an extremely exciting time but extremely concerning. and i guess leading up to this, it has been more peaceful than people had been expect what happens in the next winner is announced, whether it is good luck jonathan or his opponent, how much will every day life change for nigerians? reporter: as long as the election goes smoothly, obviously, the next step is what happens next for whoever wins. that really is the big question. there are enormous challenges facing this country. one of the largest oil-producing countries. and with the prices of oil dropping, the country is under
oil dropping of prices effecting everything when this comes to the keystone xl pipeline? stay with us. the start of sneeze season.. and the wind-blown watery eyes. that s why puffs plus lotion is gentle on sensitive skin. so you can always put your best face forward. a face in need deserves puffs indeed. and try puffs softpack today.
series of crimes. he got his nickname for not wearing shoes during some skaps. he was charged with bank robbery, stealing an aircraft and a boat. he faces years in prison. a promising end for the week on wall street. the dow closed 43 up. that s good. a lot of people will take that. s&p 500 up almost a nickel. ar for the nasdaq composite, that was down by 7. oil dropping to around $93 a barrel for the first time since february. a lot of commuters enjoying that news. the european financial crisis kept investors on edge about the approxima prospects for global economic growth. as a part of all of that, when we talk about the economy, it s a tough real estate market. buyers looking more and more to the perfect of buying foreclosures.