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ALJAZAM Real Money With Ali Velshi December 2, 2014

Oil prices are now solidly below 70 a barrel and many analysts say they have more room to fall. That has americans celebrating as prices at the pump continue to fall, but not everyone is in a celebrating mood. Ill explain. But first, u. S. Oil futures settled at 69 a bashl. Prices seesawed between 63 and 74 a barrel. Prices have fallen 36 since peaking in june, and since crude oil is the main component for gasoline, prices at the pump have come down 29 in roughly the same time. The big reason that oil prices appear to be in free fall is because of a decision by opec producers last week not to put oil out put. Normally when demand lags, the leading Oil Producers get together and try to agree on supply cuts. But these arent normal times. Americas energy boom is creating more supply right when economies in europe and asia are starting to pull back on their demand for oil. Saudi arabia is viewed as the worlds sing producer. It has the ....

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ALJAZAM Real Money With Ali Velshi December 2, 2014

Im ali velshi. And this is real money. Oil prices are now solidly below 70 a barrel and many analysts say they have more room to fall. That has americans celebrating as prices at the pump continue to fall, but not everyone is in a celebrating mood. Ill explain. But first, u. S. Oil futures settled at 69 a bashl. Prices seesawed between 63 and 74 a barrel. Prices have fallen 36 since peaking in june, and since crude oil is the main component for gasoline, prices at the pump have come down 29 in roughly the same time. The big reason that oil prices appear to be in free fall is because of a decision by opec producers last week not to put oil out put. Normally when demand lags, the leading Oil Producers get together and try to agree on supply cuts. But these arent normal times. Americas energy boom is creating more supply right when economies in europe and asia are starting to pull back on their demand for oil. Saudi arabia is viewed a ....

United States , District Of Columbia , New York , Saudi Arabia , Angela Merkel , Chuck Hagel , Janet Yellen , Mary Berra , Anz Dea , Al Jazeera America , George W Bush , Notre Dame , John Roberts , Tony Harris , Joel Bynes , Vladimir Putin , Phil Mcallister , Antonio Mora , Analysts Say , Oil Main , Oil Prices , Free Fall , Oil Producers , Energy Boom , Europe Asia , Win Oil ,

SpaceX gets $1.4 billion contract for five more NASA astronaut launches

The contract cements a long future for SpaceX and NASA as they work together to launch astronauts to and from the International Space Station. ....

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