Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
And i will make sure that it does not happen again. A high value of type rather than the system that we already know for our home. And we, we, we, in this case is rose 911. This is, this rose 911 also in our coverage this half hour, the sound of a massacre. 250 people, gone down by her mazda militants. And a Music Festival in southern israel. The. And they were just only around me and they were going 3 by 3 and shooting edward, which of our viewers watching on cbs in the United States and to all of you around the world. Welcome. We begin today as israel goes to war and counts its dead. Israel has declared a state of war against the Palestinian Militant Group of moss on saturday last fighters defied all detection and crossed from gauze into israel. And then began chile, the death toll from saturday continues to climb. Now over 900 heres Prime Minister Benjamin Netanyahu earlier tonight, a new that should go down to whats input. So i know that we all once immediate result, one, it wont t
Im here until berlin. Welcome to the program. As is rarely forces carry over, tell a story strikes against a mazda in the gaza strip. Israel has also ordered a total blockade of the territory, including a block to food, water and power supplies, and an unprecedented 300000. 00 reserve as have been mobilized following israels declaration of war against from us. Of the israeli tanks gathered in fields outside gaza. After the violent and cogent and terrorist attacks by minutes and we promise hundreds of thousands of his riley Army Reservists onto the quote um, i dont know what the lead we are imposing a complete siege on gaza. So it will be no electricity, no food, no more to no fuel, and everything will be closed. So we are fighting against human animals, and we are acting accordingly. Hospitals in casa, already feeling the effects of the brocade running out to critical supplies to treat the many injured by the ongoing strikes. Well, heck, that fluid. And unfortunately, the amount of med
Chicago. Whats happened today has never been seen before in israel, and i will make sure that it does not happen again. High value rather than the system that we already know for a home. And we, we, we this is, is rose 911. This is, this rose 911 also in our coverage this half hour, the sound of a massacre. 250 people, gone down by her mazda militants. And a Music Festival in southern israel. The. And they were just only around me and they were going 3 by 3 and shooting. Edward, which of our viewers watching on tv as in the United States and to all of you around the world. Welcome. We begin the day as israel goes to war and counts its dead. Israel has declared a state of war against the Palestinian Militant Group of moss on saturday last fighters defied all detection and crossed from gauze into israel. And then began chile, the death toll from saturday continues to climb. Now over 900 heres Prime Minister Benjamin Netanyahu earlier tonight, a new that should go down to whats input. So
Dozens of people are killed in the job of the account. United nation has been forced to close school exclude distribution centers, affecting how familiar is rail. The death toll from my masters military operation has now reach 900, including at least 11 americans. The escalation on israel, snowden bowed up with 11 on one of his males deputy, come on, his is killed during a gun battle with fighters. The when its just gone over 400. 00 g m t hours got 7 am in gaza. These are live pictures here. People in the besiege enclave waking up to a 3rd day of bombardment from his ready jets. But you and says more than a 130000 people are taking refuge in its schools. Hundreds of families are in mourning, grieving the loss of their loved ones and the destruction of the house, the the well, those are just a few of the more than 1200. It strikes israel says, is carried out on garza 687. 00 palestinians, including a 140. 00 children, have been killed, as well as cost of food, water, few electricity su