Page 2 - Energy Effect News Today

Guy good morning. You are watching the pulse. We are right here in london. Im guy johnson. Europes Biggest Investment Bank, germanys biggest bank is racing for its biggest loss and a decade. Deutsche bank could scrap its dividend. Its boosting reserves for legal costs. Sounds like a bad thing. Ryan chilcote here with the details. We got a lot of bad news. It sounds really terrible. But stock is up. What is going on . Ryan the Immediate Reaction was negative. The stock is up. There is a giant com...

With the vicks towards 23 or so. You see everything here, teshg financi financial, consumer discretionary. Youll notice energy is not doing as bad. Energy was doing significantly less bad just a short while ago but thats changed a little bit as oil has started to move into negative territory. Show the xle, which is the energy etf, the Largest Energy etf out there. Thats been moving down in the last 15 or 20 minutes. Thats why the markets have taken another leg to the downside. Its the Energy Sto...

Welcome to Worldwide Exchange here on cnbc, im sarah ivan. Im wilford frost. Hold on to your hats. The Global Markets look to be on another wild ride. Well bring you up to speed on the major moves. First, some sad news out of the world of music this morning. Singer david bowie has died at the age of 69 after an 18month battle with cancer. His hits include the one were listening to, lets dance. More on his life, his legacy and a lot more of his music. First, here are the big stories were watching...

Sfgtv staff. Thank you for your work and madam clerk, do we have any announcements . Please be sure to silence all cell phones and Electronic Devices speaker cards to be submided with the clerk. Okay. Very good, just to go through todays agenda. We are going to go into a little bit out of order after our minutes, and we are going to go to our appointments item number six we will move up to after our minutes. Lets go to item two. Approval of the lafco minutes from the may 16, 2014. Any comments o...

Quarter gdp, personal income and spending, new home sales and consumer sentiment. On wednesday, weekly jobless claims will get here a day early because of the holiday. A big part of the story on the markets and the economy, oil with the latest lumberg survey showing gas prices dropping to the lowest level since may of 2009. The National Average for a gallon of regular unleaded is at 2. 47. And andrew, welcome back. Thank you, becky. It sounds like Nothing Happened last week. It was kind of borin...

Given point at one given time. They are cumulative so you cant see at one point at one time or the waste goes. The other thing you can see is whats happening under the surface as well. Its hard to get a good visual gas Industry Based on one wells that. With that i have to call time. We are going to go next door and my wonderful offer authors are going to be signing their books. Buy their books and have them sign the books and we will answer questions there. [applause] [inaudible conversations] i...

It will take over those resources . I will not pretend to be a geopolitical experts. For what these people having and the key is something to undercut and unless were ready to go to battling skin and with your question about saudi arabia it has a huge blow wing young population nobody knows how much but it is not clear if they had enough to export for energies they probably could do so more but china like a lot of nations their own country china has a and russia has, uk, poland has, uk, poland, ...

Antifracking or profracking you need to understand your individual impact on those debates. Every time you turn on your natural gas stove and every time you go and use a natural gas heater you are encouraging the use of hydraulic fracturing in our economy. So its important to understand individual responsibility. A lot of folks dont. Without let me turn it over to questions. Can you come over to the mic . Hi. I guess my question is what a lot of this be solved if the fracking industry was forced...

Test commissioner king. Im just making sure should this thing go off the rails for some reason this vote that were making right here is hey were going in the right direction keep it going not slam did you slam dunk dont come back to us thats fair. What do you think director raphael. Yes im happy to work with my staff to draft a letter and circulate it for approval based on what we have here and sounds like this will be another agenda item for this commission and so as the puc progresses through ...

And things start to get more formulaed and that soft boiled egg becomes firm er well come back and keep you addressed. Right as this information gets out to more people and i hear back from Community Members i want to be able to say okay this is where we are. Im hoping this isnt the last time we have some say so on this. And do a letter maybe jointly from myself and director raphael to president cane and general manager kelly what do you think . That would be fine unless its awkward for me to be...