S p down half a point. Nicole shanghai composite ended more than 3 higher on increasing speculation chinese stock will be added to a key global benchmarks. Lauren oil prices up over 7 in may. Right now crude continuing the trend. Nicole north korea tries but fails to launch a missile putting on alert. Lauren 7week strike. Nicole in sports the Golden State Warriors make history after game seven victory over Oklahoma City thunder. In hockey, stanley cup is under way and we will tell you who took the lead. Lauren good morning, its 5 01 a. M. In new york. Even though it feels like monday. Welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Nicole former Inspector General rejecting Hillary Clintons claims that her use for personal email account was in line with her predecessors, howard was the departments top watchdog to january 2008. Certain to my knowledge, secretary rice did not have a personal server, i personally never sent an email to
History tv all weekend, every weekend, on American History tv cspan3. Each week, reel america films. Ou brings you the organization of exporting Petroleum Countries impose an embargo on the u. S. In the 1970s. Lasting from october of 1973 to march of 1974, it caused oil to jump from three dollars per barrel to 12 per barrel. In response the u. S. Created the federal Energy Administration. Whenhe circuit breaks the circuit breaks is a film produced by the Energy Administration to inform the public about the causes of the Energy Shortage and lay out a strategy for u. S. Energy independence by 1985. It proposed increased fossil fuel production and exploration, new alternative Energy Sources like geothermal and solar, and efficiency conservation. Going to ends with everybody changing their habits. Just start working now, otherwise we wont have time. We will be out of oil in a few years. Unless we can harness the power of the sun, it will run out eventually. The power of the sun. At one tim
An estimated 41 million americans are hitting the road. Here is the good news. The average regular price for gasoline has fallen to 2. 81 a gallon, an 0. 89 drop, the leest level in five month, and seen by thanksgiving travellers. While americans save on the cost of driving, they are forking out more to serve turkey and trimmin trimmings. The reason gas is falling is oil is falling more. Oil futures settled at 73. 69 a barrel. Thats a 31 drop since the rices peeked in june. Since oil is refined into gasoline americans save on car travel. Theres a lot of reasons for the drop. Supply and demand. America is pumping more oil out of shale, thanks to fracking or hydraulic fracturing. On the demand side europe and china are consuming less due to slow downs in economic activity. When demand lags, leading producers get together and agree on supply cuts to stablilize prices. These are not normal times. The 12 members of the organization of Petroleum Countries are meeting in vienna to try coordin
An estimated 41 million americans are hitting the road. Here is the good news. The average regular price for gasoline has fallen to 2. 81 a gallon, an 0. 89 drop, the leest level in five month, and seen by thanksgiving travellers. While americans save on the cost of driving, they are forking out more to serve turkey and trimming trimmings. The reason gas is falling is oil is falling more. Oil futures settled at 73. 69 a barrel. Thats a 31 drop since the rices peeked in june. Since oil is refined into gasoline americans save on car travel. Theres a lot of reasons for the drop. Supply and demand. America is pumping more oil out of shale, thanks to fracking or hydraulic fracturing. On the demand side europe and china are consuming less due to slow downs in economic activity. When demand lags, leading producers get together and agree on supply cuts to stablilize prices. These are not normal times. The 12 members of the organization of Petroleum Countries are meeting in vienna to try coordi
An estimated 41 million americans are hitting the road. Here is the good news. The average regular price for gasoline has fallen to 2. 81 a gallon, an 0. 89 drop, the leest level in five month, and seen by thanksgiving travellers. While americans save on the cost of driving, they are forking out more to serve turkey and trimming trimmings. The reason gas is falling is oil is falling more. Oil futures settled at 73. 69 a barrel. Thats a 31 drop since the rices peeked in june. Since oil is refined into gasoline americans save on car travel. Theres a lot of reasons for the drop. Supply and demand. America is pumping more oil out of shale, thanks to fracking or hydraulic fracturing. On the demand side europe and china are consuming less due to slow downs in economic activity. When demand lags, leading producers get together and agree on supply cuts to stablilize prices. These are not normal times. The 12 members of the organization of Petroleum Countries are meeting in vienna to try coordi