Here. Let me show you oil, wti crude, for a time this rally occurred even though the price of oil was sharply lower, as you see there, until near the close. And look at that turned right around and became positive again. Article carbon reminding us all day that to keep an eye on wti crude because its still calling the shots in this market now. That is an important point, we continue to debate those areas, as Oil Continues to fall or not. Retail names to focus on as well. Get to where we stand with the markets, an hour to go near the highs of the session, dow up 319 points, about 1. 8 exactly the same as the s p is at the moment of 37. The nasdaq adding 88 points a little pit outperformer today but only pie a little bit. Nevertheless, some pressure across the internet name there is, bill. Get to our Closing Bell Exchange for this thursday. We have got cnpc contributeor Heather Hughes with us. Hi there. Jim lowell from adviser investment. Joe hider from cirrus wealth manmanment with us m
today. look at that right up there at the top. ross oil pit shut down. company ordered to stop using oil pit over town s drinking water. north dakota officials gave an oil company there the go-ahead to start dumping all their excess drilling material into a football field-sized waste pit on their drilling property. a waste pit that just happened to sit on top of one local town s water supply. what s the big deal? when residents there started to raise a fuss about it, officials finally ordered the company to stop dumping there. the local resident who raised the concerns about it in the first place told the paper, quote, it s a little frustrating, because we are not being protected by the people who are supposed to be protecting us. the state official, who s at least nominally in charge of protecting the state and its residents from the oil industry would be this guy. this is the state s top oil regulator. that train derailment and explosion that happened earlier this week on december 30
experiment in watching the adaptability of governance. but the way that north dakota has adapted has also, sometimes, been alarming. this was the front page of the bismarck tribune newspaper today. look at that right up there at the top. ross oil pit shut down. company ordered to stop using oil pit over town s drinking water. north dakota officials gave an oil company there the go-ahead to start dumping all their excess drilling material into a football field-sized waste pit on their drilling property. a waste pit that just happened to sit on top of one local town s water supply. what s the big deal? when residents there started to raise a fuss about it, officials finally ordered the company to stop dumping there. the local resident who raised the concerns about it in the first place told the paper, quote, it s a little frustrating, because we are not being protected by the people who are supposed to be protecting us. the state official, who s at least nominally in charge of protecting
when that massive explosion in quebec in july killed 40,000 people, that explosion was caused by the derailment of a train, carrying a load of sweet, light crude from north dakota, from the bakken shale. north dakota over the last decade or so has become a state that s increasingly dependent on one industry. there s essentially an oil gold rush happening in north dakota right now. before the boom in 2008, the state was shipping about 18,000 barrels of oil a day by rail. by 2012, it wasn t 18,000 barrels a day, it was 425,000 barrels a day. and that number rose by another third in 2013. watching the state of north dakota deal with its sudden and new and dramatically different reality has been a fascinating experiment in watching the adaptability of governance. but the way that north dakota has adapted has also, sometimes, been alarming. this was the front page of the bismarck tribune newspaper today. look at that right up there at the top. ross oil pit shut down. company ordered to stop
hah time for hits and misses of the week. steve? this week, obama administration brought criminal penalties against seven oil companies in north dakota. why? 28 migratory birds fell in an oil pit and died. i m a bird lover but when you start treating businesses and employers like felons, it s no