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June 20, 2014
Average. 36-cents stronger than a year ago. the price of crude topping 107 bucks a barrel. insurgents in iraq said to be planning another assault on the largest oil refinery in the country. lieutenant colonel says this is why we need the air strikes now. its interesting because depending on you you talk to, and general petraeus dialed his comments back to say the strikes should be targeted and yesterday seemed to be intimating that we just would be getting into the middle of a sectarian mess. bu...
June 19, 2014
Peaceful countries around the world. the top three most peaceful countries are iceland, denmark and austria. now, the least peaceful are south sudan, afghanistan and syria. the united states ranked as number 101 out of 162 countries. part of americas low score was attributed to the impact of the boston marathon bombings. rankings for each country are based on terrorist activities, the number of conflicts fought and number of refugees. all right, were going to shift gears now and go to sports w...
June 18, 2014
Used by cars in this country. it fuels a generator for electricity, for a large part of the country. if it falls into rebel hands here, that will be a very difficult blow for the government here, christine. >> indeed, nic robertson, thanks, live for us in baghdad. weve been watching the oil prices very closely. very long term, iraq developing its oil production is seen as critical of the world oil supplies. oil prices have backed off from $107 a barrel. theyre down there from earlier this week. ...
June 18, 2014
That dog watching. meanwhile, just this morning, isis taking control of a lot of iraqs largest oil refinery area, this as oil prices are up to nearly $107 a barrel. >> with no end in sight to the violence there what does this mean to your wallet? stuart varney to weigh in on that. this is hitting americans right tphe pocket right at the pump. >> already. the bottom line is you are paying for the presidents policy failures in iraq. the price of oil up again this morning. the price of gasoline up ...
June 17, 2014
They are set for another potential. >> accommodating tone between the two nations right now. we will see how it unfolds. thank you so much. time for an "early start" on your money. risk on. markets poised for gain this is morning. european stocks higher. small gains yesterday. all three averages ended the day higher. there are concerns about iraq. oil prices backed down from $107 a barrel, giving stocks a lift. another blow to struggling jc penny, a judge ruled on the martha stewart/j.c. penny...
June 17, 2014
Concerns about the worsening situation in iraq. oil prices backing down a bit from $107 a barrel. a grand new one on cnn money. a social security crunch to tell you about. the trust fund for social security benefits will be insolve insolvent. that fund is different from retirement benefits. in two to three years, they can only pay out 80% of benefits to disabled workers. theres a promise so the money has to come from somewhere elsz. congress will wait until the last minute to fix it. new detai...
June 16, 2014
Eligibility issues. the obama administration wants to verify income, citizenship and employers. 2 million people doesnt match government records. new details about a failed u.s. effort to capture edward snowden. the constant meetings were held while he was holed up in a moscow airport. hoping snowden made a mistake, there was no viable solution. the hope was snowden would try to fly somewhere else and have an ally order the plane down in their air space. >> interesting. time for your money. ...
June 16, 2014
Red last week, the first loss in four weeks. driving that, growing concern about tensions in iraq. thats pushing stocks lower and oil higher. oil is up 4%. crude is $107 a barrel, the highest since september of last year. if it continues, its going to affect prices at the pump. prices could jump 20 cents or more. that comes when demand is highest. the story to watch, starbucks has a program to offer full and part-time employees tuition reimbursement. it offers online classes at arizona state u...
June 16, 2014
To meet the growing demand the next 10 to 20 years, that doesnt look like its going to happen. even if we get some type of stalemate in front of baghdad where the north is controlled, you know, by either of these insurgents. or if turkey takes a big part of it. >> right. >> more than likely, the production in that part of the world isnt going to be there. so if thats not going to be there, then we add to our price expectations, we probably is the a new low for oil for some time. >> talk about if...
June 15, 2014
Certainly accelerating of the unrest. ken hirsch, when you look at the situation unfolding in iraq, what do you think it means for the price of oil for our energy independence? how do you see it? >> energy independence doesnt mean much. the united states is ramping up its production nicely, independent of whats going on in the middle east. the biggest issue, i think, in iraq, is what happens in the south of the region. right now, thats not really in jeopardy. thats where the basic production is....