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Expect because of that. A question on nuclear if i may. Based on what you said, is it correct to surmise that your forecast for nuclear includes no additional new construction . No additional new construction. There are couple of plants that are already under construction. There are four, and there are one or two more [indiscernible] but i think it is probably fair to say that you are not going to see a huge increase in the overall capacity numbers for nuclear, that new growth is going to be just about enough to offset the retirement. It adds a little bit. I think those numbers last year we had nuclear expanding by a little bit and i think this year we have nuclear contracting by a little bit. A question on Carbon Dioxide emissions figure. I think you said we are down nine percent now from the 2005 peak. Im just curious why 2005 was a peak year, considering it was two or three years before the economic downturn. What caused emissi ....
Time. You are back to school today. I am. Call it backtoschool time. Summers over, but does that mean the rally is as well . A tepid start to stocks kicking off the month of september. The s ps lower by two. The Major Industrial average down 40 and the nasdaq higher by 10 points. It didnt seem so long ago that the cruise industry was on the ropes with one mishap after another. Remember all those pr problems they had a couple years ago . Yeah, the smelly problem, the, mmhmm. Today it gets a big vote of confidence with news that norwegian cruise lines is buying oceana and regent seven seas, combined into a group called prestige. Its a 3 billionplus deal. And we will speak exclusively with norwegians ceo, Kevin Sheehan, in a first on cnbc interview coming up here later on the program. 400 for an apple watch . Recode is reporting that might be a highend price point for the longa ....
The 2014 senate races. Has obamacare put every democrat everywhere in danger . All those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Lets get to the storm currently pounding the east coast. Steve handelsman from nbc news is out in the snow for us tonight. It doesnt get any better than that. Good evening, steve. Reporter hi, larry. Good evening. I dont think the snow is the big story. Here in washington its snowy. Its snowy all up and down the east coast. There will be a big amount of accumulation. On the back side is the cold. Heres some investment advice. Go long on parkas. Buy down futures. Its freezing out here. Here on capitol hill, the government workers were told, most of them anyway, stay home and try to work from home. That may be the case tomorrow. No decisions made. A lot of schools closed, mostly because of the snow, and ....
Portugal recovering by more than 2 . That doesnt get back all the losses from yet. Lets get more headlines from sara. Billionaire investor carl icahn putting up the caution flag. Reuters says it is time for investors to be cautious about the stock market and hes been very selective about the companies hes choosing to purchase right now. Well hear more from carl icahn next week. Do you have something to say . I can just tell you, ive known him a long time, ive been to dinner with him many times. Hes always every time i have had dinner with him, hes on the stock market, every single time. And especially like carl that looks at first vacations, a lot of these ooips guys always sort of think that things are overvalued. Im thinking this time i dont know if we had children, i mif just had any daughter. So its 14 years ago. We had a huge discussion at dinner on and on and on about it. All these reasons. And he went up well, since then weve tripled, probably. But weve at least doubled over the ....
Day. Plateauing a little at that level, and then moving up more as u. S. Production continues to grow, and u. S. Demand plateaus off. Motor gasoline, one of the interesting things about the ability of refiners to export things like distillates, which are getting a very good price in the International Market right now, is it is resulting in high refining utilization rate. Theyre running now on the upper 90s, and what that means is products are being produced in surplus, in fact gasoline, theres enough gasoline around in the u. S. Now that prices have actually been relatively moderate, or below last years levels at this time. I wanted to and this brief run this brief run through of our major conclusions with a thought on Energy Related co2 emissions. We think that they will remain below thats 2005 that 2005 peak that you see when we then plateaued briefly at roughly 6 bil ....