FROM Tom Kloza
Short Supplies Fuel SoCal's Gas Price Hikes The average price of gallon of gasoline in the United States is $2.77. In the LA area it's $4.05. Prices have risen by 50 cents in the past week to highs of $5 in some places. Tom Kloza is global head of energy analysis for the Oil Price Information Service.
When Oil Falls, Who Wins? It seems like yesterday that oil prices were going up—pushing the price of gasoline along with them. Oh, how times have changed. One oil analyst says we’re seeing an “epic” transformation—bigger than anything in a generation. Oil now costs less than 70 dollars a barrel on the world market, and it’s expected to go even lower. That’s great for America’s consumer economy, but it’s big trouble for countries that depend on oil exports. We’ll look at the consequences, both good and bad—for international stability and the environment.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.