Page 438 - 05 News Today

Barack obama, saying that prime minister kan told him there was no radiation leak at this point and it did appear it could be coming under control. the situation is very fluid and there are some conflicting reports about that. that is something hes going to do at the crack of dawn, within the hour, were 5:05 at this hour. this hour, sun will rise and well start to get some kind of idea of the devastation in these areas. the footage we have been watching overnight here in japan has been shot duri...

Oil. will it flatten out today? give me background. >> here is what is going on. when the middle eastern turmoil started, oil was around $86 a barrel. at $104 today from $105, it is skyrocketing. the national average, throw that out. the gasoline prices on the world oil market skyrocketed. there is 30 to 40 cents per gallon. >> judge napolitano: how response seasonable the federal reserve in this? >> huge! we are printing money like there is no tomorrow. this is monetary inflation. when you floo...

Will start suiting up for the return to earth and well have the landing live on the fox news channel right before 12:00 noon eastern time martha: end of an kwraeur and well be watching that very closely in the meantime, how did all this flooding -- and were told it could get a lot worse for parts of the northeast, especially in new jersey, where some neighborhoods are literally under water wait until you see these pictures, 1-3 more inches of rain, thats the flood advisory thats expected over ...

>> from americas news headquarters, im ainsley earhardt. right now, asian stock markets are on the rise as oil prices fall slightly. the markets reacting to word that opec oil ministers are considering how to respond to the spike if prices, which saw oil hit a 30-month high on monday. reports say that opec could be planning to boost production to offset less oil out of libya. the price finishing at $105 a barrel on tuesday. a few hours ago, a strong earthquake in tokyo, centering 200 miles north...

Which is not beer, its oil. oil. will it flatten out today? give me background. >> here is what is going on. when the middle eastern turmoil started, oil was around $86 a barrel. at $104 today from $105, it is skyrocketing. the national average, throw that out. the gasoline prices on the world oil market skyrocketed. there is 30 to 40 cents per gallon. >> judge napolitano: how response seasonable the federal reserve in this? >> huge! we are printing money like there is no tomorrow. this is monet...

Are some members of the u.n. security council who are not yet on board with this idea. that with reference to the russian foreign minister who said, quote, the libyans have to solve their problems by themselves. shep? >> shepard: james rosen at the state department tonight. thank you. the unrest in libya leaving the global oil market rattled. rare good news prices dipped slightly today settling over $105 a barrel. we will tell you why in a report coming up at the bottom of the hour on what goes ...

Page. go to facebook.com/cnnwbt. let us know your thoughts and wait for the wbt movie, nina. >> right. well, lets take another look at stock markets here in europe. theyve been trading for about two hours, andrew. and it seems weve had a bit of reversal of fortune over the last hour or so. these markets, most of them are in the red, now its mixed picture. but some of the losses we saw on the ftse 100 were more pronounced earlier on today are baiting a little bit. oil, of course, retreating, an...

Arent as badly off as other arab countries. saudi arabia has seen itself as being less vulnerable to the unrest that we have been seeing in the middle east, but they are getting nervous at the shia minority who feels oppressed and that is what they are thinking about. >> you talk about how there are these demonstrators calling for reform. nothing we are seeing in libya at the moment. how could this nervousness impact the oil prices at this point? >> right. its what were all watching and its defi...

That. we are monitoring the situation with oil prices. we are confident global system has the capacity to deal with a major disruption. we understand the impact that higher gasoline prices have on family budgets. but i have nothing specifically to add except that option is one we are considering. megyn: the last time we opened up our emergency fuel stash oil was under $70. now rights trading at $105 a barrel. there are nine states where its over $4 a gallon. and the pressure is mounting on the w...

Still going take at that long time. loughner will be in court today. hes being housed federal correction facility here in tucson. the hearing should take about an hour or so. this allows all the victims and victim families to get justice sooner than would be the case. mike taibbi in arizona for us on that. thanks very much. lets go to wall street. its been about oil all week. guess what its going to be about oil today unless were wrong about this. becky quick what can you tell us? >> reporte...