for more than $100, you do the math that. is great profit numbers for the big oil companies. and more than 80% of their campaign contributions are going to republicans. look, i don t mind people making a huge profit. they re taking our oil and saying let me drill for more oil and i m going to charge you an $82 profit per barrel. it s insanity, right? and there s thousands of leases in the gulf of mexico where oil companies aren t even paying a dime in loyalties to the american taxpayer. i get frustrated by politics. tyson slocum, thank you very much. my pleasure. now we have an update about a fox news executive who admitted to lying on air about barack obama and socialism.
the profit numbers in their reports. buffeting a housing recovery will likely begin within the next year are. we hope he s right. and speaking of looking up. the crew of the shuttle discovery arriving at the international space station, 220 miles above our heads. discovery docking there a few hours ago. the shuttle astronauts scheduled to spend at least a week. problems with the fuel tank delaying the visit by a couple of months. discovery bringing with it the first humanoid robot in space as well as a lot of supplies. the 13th and final trip for discovery. it will be retired when it returns to earth. fox weather alert. nasty weather targeting the west coast before moving east across the country. take a look at this. a rare sight in the city by the bay. san francisco getting a dusting of cold overnight and the cold temperatures will linger. marina with the full forecast. that sounds fiction.
it s a good number and we ll take it. main street will take it, as well. speaking of wall street, let s look at how things are shaping up this thursday morning. s&p is up and nasdaq, as well. is this because of this report or other factors, ron? it didn t hurt. some of the concerns about europe s fiscal crisis seem to be abating today just as they surfaced earlier in the week. seasonal factors, tamron, that play into investor strength here. around september or so the market tends to bottom out and typically move higher into april of the following year. we re also heading into the third year of a presidential cycle, which is very positive and that s a plus. and we have good corporate profit numbers that have been supporting stock prices and we re still stuck in a range and not breaking out and not breaking down and like the economy, we seem to be looking for new answers that will us in one direction or another. thanks for joining me, ron.