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Local spending from exploration of production dropped by a whopping 10 6 in twirch and is increased by 22 this year. Altogether this amounts to more than 300 billion dollars in lost investment to this industry. Yesterday, [inaudible] some of the focus was reporting high in numbers. Especially between 2015 through 2020. Recently in new deli we have figures rarng between 1 trillion are to 2 trillion are within this period. This track is not to continue in unprecedented in the history of the oil industry. We have never had this in investment for three consecutive years in our history. This is a frightening situation when you consider that it must be according to our oil outlook and must have 10 trillion in Oil Related Investment is required n to to meet future oil demand and the industry must not be able to emit this level of investment. These factors are the reasons decided it was time to take action and that action were the ....
Why police say the suspect picked the wrong person to rob. Another wet start to the morning after thunderstorms overnight. While the rain is much needed, its still creating quite a mess throughout the bay area. Right now, crews are working to repair a massive sinkhole in San Francisco as well as cleaning up major flooding in the north bay and chp says for the second day in a row, the agency received hundreds of calls for service this morning. Good afternoon. Im tori campbell. We are on stormwatch with team coverage. We begin with Steve Paulson out in the elements with a look at the totals so far. Good afternoon, steve. Reporter good afternoon. I gotta tell you. Last night, it started about midnight, 2 00 in the morning when the lightning and the thunderstorms hit. Really erupted around daly city to San Francisco, then into ....
A man walking by earlier today looked at the damage behind me and shook his head. Wouldnt you know, five minutes later, he came back to tell me that his own car was struck overnight by smashandgrab thieves. My car got broken into it. Everywhere you walk you will see glass. It just happens so often. Reporter he walked by music lovers along bush and steiner, an audio store hit by smashand grab thieves. Literally, every morning, you hope your car is not broken in there and walked over there, and sure enough, the window is broken into. Reporter hes not sure whats been stolen. Back at music lovers, thieves made off with valuable equipment. Witnesses describe three men in masked, armed with bats. One guy had like a handful of speakers, mainly just multiple speak. Reporter the burglary happened at 4 00 under the cover of darkness. Pretty much smash and grab but they definitely knew what there were doing. Pretty quick. Reporter the owner tells ktvu his store was also hit three weeks ago. Burgl ....
And frances president on the defense. A News Conference meant to tackle the economy and instead puts his personal life on center stage. Dwell gates from at least 60 countries are meeting in kuwait to raise money for syria. The kuwait has pledged th to the largest appeal of humanitarian aid ever. There are 2. 5 Million People in neighboring countries who need help. That number is likely to it rise to 4 million if Current Trends continue, and more than 9 Million People inside syria have been affected. So what needs to be done . The first conference in kuwait a year ago, 1. 5 billion was pledged, and about 60 that have has been received. Now this years conference is looking to raise 6. 5 billion to help people both inside syria and in neighboring countries. Some of th ....