Page 5 - Back Production News Today

Apple has been pushed off this spot it held for so long? >> well, those record high gas prices, awful for consumers, profitable for oil companies and so oil stocks are the winners here. saudi arabias state oil company is the worlds most valuable company edging out apple which was worth $3 trillion earlier this year. its the shifting fates for energy and tech producers. oil prices are surging, global oil prices up 35% this year, producers ratcheted back production and refining, remember, during t...

Than ever before. 206,000 compared to 18,000 in october of 2017. brian brenberg is executive vice president and associate professor at kings college and joins us now. brian, describe how joe biden set us up to fail with regard to the russian oil situation? >> brian: we have a problem right now. president biden pulled back production on energy resources, it has handed power to russia. think about that. weve handed power to russia, to middle eastern countries. this could have been a year the presi...

Vaccine mandates by clogging international bridges. >> i just kind of want everybody there to just hear what were saying. >> reporter: its the latest choke point in the nations supply chain crisis. nbcs cal perry in michigan. >> because of the protests, commercial traffic is being rerouted here to port huron. even though its only 65 miles from detroit, the reality is once drivers reach this point, theyre faced with at times up to a five-hour wait just to cross the border. >> what theyre doing he...

Seek the legal justification, essentially, to move this out as well. they have lots of resources here. the federal government also putting resources in other places where they have protests. so seemingly, once they start to move, theyre going to try to sort of roll up these protests all at the same time. >> and that provincial governor im hearing is threatening fines of $100,000, even a year in prison if people dont start moving out if they dont declare a state of emergency. much more to come, c...

Need additional doses of all the vaccines to really get protection from the new variants. it looks like you need new doses. part of this is what is going to happen to those who got their first doses of johnson & johnson and havent gotten the second dose. johnson & johnsons actually fallen behind in general on their production so covax and w.h.o. and others and the african union have had to expand to other vaccine candidates including mrna vaccines. so put all of this against the backdrop of the ...

As long as they need to. there is a court hearing this afternoon. automakers are being hit hard by this and theyre suing for an injunction which would allow the payor to work with the police. theres a perimeter that stretches about a mile in every direction. it would allow the mayor to work with the police. they say they would probably warn these protesters they are going to come into this area. again theyre waiting on that court decision sometime this afternoon, stephanie. >> gabe, this is real...

Of the damage during prior back here alive i can cite once in the capitol city seeing large crowds even though theres so much movement there on the ridge. its got six or seven hour drive away from here and ontario. and you have not seen too many police were the chief of police here in ottawa has told the prime minister so many times he needs more police. doctor wright alexis thanks. little hard to hear you because of all of the ambient noise but thank you. arthel: so eric, canadian police are no...

To do so. and by the way, it went into effect just a short while ago. so were going to watch what happens there and keep you posted about why this really matters. and by the way, around 10,000, around 10,000 commercial vehicles crossed the bridge youre looking at each and every day, with about $325 million worth of goods. some of the worlds biggest car companies have been shutting down or even reducing production lines because of this here in the u.s. im talking about ford and gm and chrysler an...

Even tow vehicles if needed, and of course logistically able to do so. and by the way, it went into effect just a short while ago. so were going to watch what happens there and keep you posted about why this really matters. and by the way, around 10,000 commercial vehicles cross the bridge youre looking at each and every day, with about $325 million worth of goods. some of the worlds biggest car companies have been shutting down or even reducing production lines because of this here in the u.s. ...

Aggression which as weve seen play out, there has been russian aggression look at crimea as a perfect example speed what we know what happened there, congressman ryan masten florida, thank you for your time. in canada police have arrested several people at the ambassador bridge the group connecting windsor ontario in detroit those demonstrators have been protesting canadas covid vaccine rules and blocking the bridge for days forcing automakers to cut back production. meantime a large protest aga...