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Prices down, gas is dependent on oil prices. oil prices are dependent on places like chain. we ve seen the jitters in the storm because of the china s market crash, so xhin is growing more slowly. at the same time there s a lot of new supply coming online, so the u.s. has being a big shale oil and gas producer. that supply is out will. with iran signing this nuclear deal, there s the expect as more iranian supply will come on. both are pushing the price of gas lower. oil of course is the big driver. compared to $100 a b year. normally when prices fall like this, production does tee, but that doesn t seem to be happening. why not? that s an interesting geopolitical story. obvious times when prices plummet, you have the saudis, the world s biggest producers and defining member of opec, ....
Need the territory for an operating base later on? that s what the obama administration seems to be telling congress, that this is all about xhin ease influence in the pacific basin. it may be but it s about strengthening the influence of american-based cornses who have no particular adherence or loyalty to the united states. i mean they just want to improve their bottom lines. so why the administration thinks this is going to help american secure i really frankly have no idea. quickly, mr. reich, what kind of job numbers do you think we would lose, compares the ones we lost to nafta, and the colombian trade deal and the south korean trade deal. how would this be? it could be greater. this is 40% of global trade we re talking about, but it s not just loss of jobs ed. ....
And proud of our engagement and a critical time to make the smart investments in our neighbors around the world. and only yesterday the awards there was a clash in a port city, two rival clans. how deeply embedded is the islamic fundamentalists, some with links with al qaeda? how deeply embedded are they still in somalia? there s a lot of work to do and we have managed to work with the international community, mostly our xhin partners who fielded a large security force to ensure security and stability. we re today working with people who went to internally displaced persons, camps in mogadishu and camps and giving them seeds and fertilizer to restart their livelihoods and rebuild their own agricultural systems and feed themselves and replace the ....
i wasn t there. i wasn t present in that crime. cnn s matthew chance was in the courtroom. matthew, walk us through this morning s hearing, will you? reporter: yeah, martin. it was very emotional. amanda knox came in escorted by the guards and looked very stressed indeed, very pale. her head was hung down. she didn t even look at her family, who were gathered in one corner of the courtroom to give her support. her former boyfriend also serving a lengthy prison sentence for the murder of meredith kircher, spoke first. he said they were both innocent. then the big moment came. perhaps the biggest speech of amanda knox s life. she turned to the jury and managed to compose herself because she was in tears, and, you know, make this impassioned plea for them to set her free. she said she wanted her life back. she was tired of being punished for something she didn t do, she said. and so she said it all as well in fluent italian. over the past four years since she s been in ....
Challenge for the united states. when sputnik went up, we looked and said, we re falling behind. that s how we need to look at china today. a lot of people think it s just a shooting star. it s not a shooting star. now, it s not, senator, and i guess the bigger question is, we ve got republicans and democrats fighting each other. how do we revive the economy? how do we get people back in malls? yet you look at china i was at an event yesterday two days ago with pat, and heard the number that china is starting to build 52 nuclear power mranlt. we re building zero. xhin that has lightrail tracks going over, tens of thousands of miles of lightrail tracks. we can t even connect tampa to orlando. clean energy investment, china is so far ahead of us, they re making the big investments right now that are going to pay off for the next century. how do we catch up? we ve got to acknowledge the problem. i m not sure we have. i think tom s right. i was telling him earlier that i was just i ....