Varney and company is about to begin. Tom oil coming off a big rally. Right now, oil is at 50. 15. The real story is gas prices. Of to 2. 11. A big jump. Is at the beginning of more to come . It is not the beginning for a pot elliptic numbers. The market will be very volatile. I would not be surprised to see gasoline 20 0. 30 higher by aprils fools day. The tendency of momentum to trade gasoline higher this time of year. How about the strike going on in the country. Absolutely not a fact her. They do not impact gasoline production. 1. 1 billion of crude oil in the u. S. Plenty of incentive to keep refineries running. Tom that is the other part. You get into this whole question about the fact that they are cutting back on production feared walt that drive the price higher . They will not have back on production. They would like to. There is other stuff in the deep water. There is personal. Other parts of the world. Probably one and a half billion dollars a day. It will be an ugly spring for crude oil. Tom thank you very much. I appreciate you coming on. Mary kissel from the editorial or it is here. What do you think . I think that the market is grappling with a lot. Then there is Global Demand in u. S. Demand. We are nine years now with growth hello 3 . Very weak global growth. A lot of money coming into the u. S. Dollar. The triggers you are trying to figure out with all these factors together, where should that whale price settled . Overall, we are in an environment of disinflation. That does not bode well for Oil Prices Going through the roof. A pretty dim lightbulb. Nothing going on in this country. You are going to see the economy here and abroad continue to pump along. Tom i think the one simple way to remember this is that the dollar goes lower, our prices usually go higher. Able to buy more barrels of oil for that 1. They will not raise Interest Rates anytime this year. You have to wonder what it does. It is absolutely artificial. You cannot use the central bank to stimulate growth. You need fiscal reforms. They are doing it in japan. They are doing it in europe. They are doing it here. There is no reason the u. S. Economy will not turn into a japanese economy. If we keep going down this path, it is not a good road ahead. Tom the senate drilling at carter. The fourth secretary of defense in six years. Carter saying he is not talking about that much more with brett baier coming up. Back to the fight against islamic terrorism. Ice is releasing that brutal video. The jordanian government thickly retaliated executing to terrorists that were on death row. Including a female suicide bomber. Jordanian citizens took to the streets. Some protesting the government. Others rallied against isis. Judy miller is here. This is the most violence in the region. What is the story about protesting the jordanian government . That is price leads a challenge for the king. Our countrys strongest partner. Not only do they have over a million refugees in their country, they have also been providing all kinds of training and support. The pilot hailed from one of the strongest in jordan. The country rallied shortterm. What we can trade prisoners for. No. We will not give anything. When he was killed the entire country rallied around the king. Around him. Around commitment. Short term in the long term. He will have a very hard time holding the jordanian support for our coalition together. Tom what happens . Absolutely the pillar of stability in jordan. They came from saudi arabia. They put together the country that is now jordan. The palestinians are more numerous. More than that, the entire country is sunni. 40 of the country does not think of isis as the enemy. The team really has his work cut out for him. Tom it gets us involved the cause of the fact ken jordan handle the cost and expense of this without the u. S. Writing a check . I can complement jordan. They have always taken twice the number. They somehow manage, with some help from the United States. It has had wide leadership. These are prowestern antiextremist then. They must be supported and they must revise or lord only knows what will happen. Tom judy miller, thank you. We will get a military insiders take. We will also be joined by congressman darrell isa who is teaming up with the democrat mercenary ally shortcomings. Check the big board right now. Coming off a 300point rally yesterday. We would be negative if it were not for disney. Him look at that stock in particular. Frozen. Visitors flocked to the theme parks in the u. S. Sales growth it is slowing at chipolte here it investors do not like that at all. Lets go to Lauren Simonetti. Amazing video capturing the moment of a plane falling out of the sky in taiwan. Fiftyeight people were on board. Last count, 28 are dead. The plane crashed into the river. Fifteen people have been rescued. You can see the planes wing clipped the roadway right before it plunges into the water. Unfortunately, another tragic accident to report. At least six people were killed last night when a plane crashed into an suv. The suv caused an explosion stopping traffic on the metronorth line. The safety board is now on scene feared just over a year ago for people were killed when a metronorth train derailed because a conduct are then fell asleep at the wheel. Those are your headlines this point. Unfortunately, not very good ones. More tax troubles for al sharpton. Shady accounting work. That whole story is next. Cause ive got friends in low places where the whiskey drowns and the beer chases my blues away and i will be okay per him him him him him him him. Tom we have some issues. Rating the internet as a utility. Peter barnes has more. Breaking lading a public utility. He says i will circulate to the members of the fcc. Proposed new rules to observe the internet. The whole battle over net neutrality. I will propose that the fcc uses title to authority. Title to authority is the authority from congress to regulate the companies heavily as public utilities. This is a very controversial move, as you know. A lot of companies oppose this. A lot of content providers, you know, amazon and netflix and others, support this to make sure they can stream their products and such and other consumer groups have been fighting for this, too. It has been highly controversial. I could expect others will end up in court. Standby. Tom i know the president is backing this idea. The vote on february 26. A couple weeks from now. We will be covering it. It is stupid. Just when you think this administration cannot get dumber, they do. Will we prevent companies that use a lot of and with from having to pay higher prices . Tom yes. That is what it does. We have an example of american innovation. The most growth and prosperity for this country. Tom wheeler decides what tax it and regulate it. I did not know it was broken. Lets check the big boards. Energy is a big leg today. All moving lower. Exxon, chevron conoco phillips, bp all of them with red arrows in front of their name. Lets check apple. Hitting a new alltime high. Down 120 plus a share. Never seen that before. Lets get a take on ralph lauren. Loser today. Adam shapiro is at the stock exchange. Having real problem getting revenue to grow. Stock today down roughly 16 . They are the worst performer on as an e 500 years they are missing on revenue. Their revenue came in at 2. 3 billion, tom did ralph lauren is saying they get hurt by a strong dollar in the holiday quarter. This is the maker of club monaco. Ralph lauren and iconic brand. Struggling right now. Still up here today. Tom adam shapiro. Take you. Time is money. Thirty seconds. First, the suspicious death of an argentinian prosecutor of last month. Turns out there were arrests warrants for that countrys president and foreign minister in his apartment where he was found dead. Should parents be forced to vaccinate their children . We had top nurse at the Teachers Union last hour. From the world of golf. Caddies suing the pga. They should be paid for wearing sponsored logos. Maybe not completely honest stories about things. He has also had tax problems in the past. The fact that we are still talking about sharpton in 2015, he is a survivor. This looks pretty bad. I wonder if he will finally have two pay his bill. You said you found creative ways. Yes. Exactly. Someone of an unofficial advisor. He is all of those things and still that unofficial advisor role. He is a player. I think this should raise a lot of questions among democrats whether this is somebody they want to be associated with. Were formed the tax codes so guys can game the system. Isnt that the big lesson . That is one lesson. A lot of times, the big guys still find ways to find loopholes and eggs. He is actually the liquid according to the laws. You have to wonder why the irs is not actively pursuing. I cannot imagine what the answer to that would be. This is so apparent. Outrages. Tom that is the word i am looking for. Mike you are not talking about some of the games you can play, you are talking about this for profit regular business. Businesses have to pay taxes. They had some of the same addresses. Unfolded and the next one popped up the same exact place with a completely different aim. I think it looks into the entire story. Mixing charity and Public Service in his own game. He is nowhere to be found. Maybe this is the end of the line. Apparently, not for him. I appreciate it. Thank you for coming on today. Thank you for having me. The reality of obama. The real numbers are not as good as the president makes them out to be. Opportunities arent always obvious. Sometimes they just drop in. 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Tom couple of stockses to show you, wynn, a big drop in macaw business where, theyve been making all of their money. Shares right now down more than 5 . And kohls, theyre doing fine. The big winner of retail Sales Forecast is better than expected hitting a new high of 66 earlier. Just below that. The Bradley Cooper star of american sniper is speaking out, hes speaking out against those critics who want to make the movie all about the war in iraq. He said this to end pr. The fact its inciting discussion that has nothing to do with vets or its about the iraq war or what we did not do indict those who decided to go to the war, you know, every conversation that is in those terms, terry, is moving farther and farther away from what our soldiers go through. And fact theres 22 vets commit suicide each day the amount people that come home is so much greater than before because of medical advancement and that we need to take care of them. Tom good for him. Good for Bradley Cooper. Bravo. Tom coming out of hollywood. Theyre trying to make something else. He is sticking to his guns about, helping veterans who have served our country, especially in this particular war, and so good for Bradley Cooper. Hats off to him. Now to the economy, gallup says that the 5. 6 Unemployment Rate which the white house likes to talk about and say isnt this great. It doesnt count the 30 million americans who have given up. Mary, gallup is not a right wing nut job place. Not at all. Tom they are the center of the road. Not at all. You dont have to have an economics degree to understand what you just reported tom, americans than they havent gone the a raise over the obama era. They have friends and relatives out of work. You have an enormous number of College Graduates living at home with their parents. When the president comes out in the state of the union and says were turning a page. This is a strong economy. Even if youve never looked at the numbers, youre living your life in montana, florida or wherever you are, you know that thats not true. Tom it is people are smarter than i think sometimes we give them or obama gives them. The government likes to play them down. We are doing a great job, look at this Unemployment Rate when. Neighbor brotherinlaw you know theres a problem still out there. Youve seen it in the congressional election. Look at what happens in the democratic majority in 2008 compared to today. Massive swings. Historic swings. The American People than something is wrong and theyre electing new representatives and senators in there to try a change of direction. So look again you dont need an economics degree to understand something. The king wears no clothes. Theres a guy his name is escapes me right now. Williams is the last name. Jim williams runs shadow statistics and hes an economist and hes no wing, left wing nut job, he says when you add back in all the people they dont survey that are still unemployed he says the Unemployment Rate is greater than 20 . Variable around the country but very, very high. The plot thickens surrounding the suspicious death of a prosecutor in argentina. This is like out of a movie. Turns out he had arrest warrants for argentines president and foreign minister in his home where his body was found dead. Plus, the president s fourth defense secretary in six years. Whats going on at the pentagon . Bret baier is next. Theres nothing more romantic than a spontaneous moment. So why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be Ready Anytime the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Why pause the moment . Ask your doctor about cialis for daily use. For a free 30tablet trial go to cialis. Com. Tom checking the big board right now, near the highs of the day. The dow industrials up 63, so not bad after yesterdays 300point gain. Disney the big winner hitting 100 for the first time ever. Adding more than 40 points to the dow. 101. 60 on disney. And chipotle, sales growth slows, and perhaps the expectations game is catching up to them, that stock taking a hit, down more than 7 . Oil coming off of a big rally. It is down today. Its Still Holding that 50 level, everybody is watching to see which way its going to go shortterm. The real story is gas prices jumped a nickel overnight now up to 2. 11 and the lowest National Average hit during the big drop was 2. 02. For the cheapest gas in a land, you got a bargain in costco in idaho. Carter will be the fourth defense secretary in the president s cabinet six years in office. Lets bring in special report host bret baier. Bret, would you buy a stock in a company that went through four ceos in six years, what is going on there . Short answer tom, no. I dont think so. Most investors take a good hard look at that company. This is a unique situation, and you have defense secretaries over the past six years four of them, three day saying they were micromanaged by the white house. Leon panetta and chuck hagel was not happy with how things were run top down from the white house, into the minutia into the logistics ever the pentagon. Ash carter has a hearing this morning. Hes not expected to face opposition from republicans. Hes well regarded. But he has a big task in the pentagon. Tom and thats the impression i get from afar is that this guy is a good bureaucrat, and maybe the president s been looking for somebody that will sal cute and march to his orders and will this guy do that . Interesting, he is a logistics guy, he has been former most recently deputy secretary of defense 20112013. Hes a guy who knows where the skeletons are buried and knows how to keep the trains moving. But he is also a guy who is well respected in the walls of the pentagon and said at his nomination, when the president rolled out his nomination and he stood next to the president in the white house, that he would be frank and he would say what he felt about different issues. And i dont know if thats what this white house wants or not. Bret, isnt it scary when we face so many threats around the world, the scariest period in post world war ii history, you have people like Valerie Jarrett and ben rhodes running the pentagon running Foreign Policy . It is a tight group, and from every reporting that weve seen, you know, sources that talk into the inner circle it is very centrally located in that Valerie Jarrett ben rhodes circle around the president. They have a lot of power as well as susan rice the National Security adviser. No real Foreign Policy expertise . Obviously, susan rice with her as ambassador to the united nations. But beyond that, youre right. On the defense front, and when were talking about micromanaging a developing three dimensional chest of this war against isis it takes a lot. I think theres a lot of frustration in the five side building known as the pentagon. Tom the president is out there the other day talking about if you dont give me my increased spending, you know Secur