Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Twitter account targeted by the Special Counsel. The evidence jack smith was searching for and new details on twitters resistance to the probe. And President Biden touting his economic agenda, but are americans onboard . What new polling shows about the impact of his economic policies and chances in 2024. Good morning and welcome to Way Too Early on this thursday, august 10th. Im ali vitali in for Jonathan Lemire. We start with breaking news. Officials in hawaii say at least 36 people have been killed by the fast moving wildfire sweeping across the western part of the island of maui. Dozens more injured and treated for burn. Hundreds of homes and businesses are destroyed, and communications on the island are crippled. Thousands of residents have evacuated with some even diving into the ocean for safety. The devastating wildfires have been fanned by strong winds from Hurricane Dora passing well south of the hawaiian islands. In a statement yesterday President Biden said hed ordered all
Earlier, i spoke to dr matt patterson, whos a Postdoctoral Research assistant in Atmospheric Physics at the University Of Oxford and has been following the winter heatwave. He said this is not a common occurance. Its really quite unusual to see a heatwave of this magnitude in the winter. As you said, weve seen temperatures of 38 degrees in some andes towns when we would expect to see temperatures of 10 15 degrees at this time of year. So really quite unprecedented. In terms of the magnitude, 20 degrees more than average, thats comparable with Summer Heatwaves that weve seen in the southern United States, Southern Europe and china this year. Can you explain in basic terms what exactly is causing this heatwave in winter . Certainly. Its a High Pressure system just to the east of the andes, which is basically dragging warm air down from the tropics and bringing that heat down towards chile and argentina. That High Pressure is also compressing the air, much like when you pump up a bike tyr