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California’s central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Thunderstorms in valleys around the state capital on Monday could bring “brief tornadoes, large amounts of small hail, heavy rain, lightning, and gusty winds,” the weather service office in Sacramento warned on X, formerly Twitter. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.
Persons: Brayden Murdock, , “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California
California's central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Flood watches and warnings were issued in coastal and mountain areas up and down the state. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.
Persons: Brayden Murdock, , “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: Northern California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California
Authorities last month forecast that China’s population of 1.4 billion would take a record 9 billion trips during the 40-day holiday travel period, which began on January 26. Stringer/VCG/Getty Images A man takes photos of blooming plum blossoms at the Summer Palace in Beijing, China on February 5. Johanes P. Christo/NurPhoto/AP Crowds flock to the Spring Festival Light Show in Xi'an, Shaanxi Province, China on February 3. Axel Miranda/SOPA Images/Sipa/Reuters Workers assemble dragon lanterns at a production workshop in Nanchang, Jiangxi Province, China on January 24. Two major indexes recorded their worst drops in years capping off a dire 2023 that saw China’s stock markets become the world’s worst performer.
Persons: , Luo, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Xi Jinping, ” Xi Organizations: Hong Kong CNN —, Festival, CNN, Authorities, China News Service, Spring, Reuters Workers, HSBC, Beijing, United States Embassy Locations: Hong Kong, China, Beijing, Fujian, Xi'an, Shaanxi Province, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province, Shanghai
NAPLES, Fla. (AP) — A small airplane collided with a vehicle as it made an emergency landing on Interstate 75 in southwest Florida on Friday afternoon, authorities said. The crash landing happened near the Pine Ridge Road exit in Collier County, just north of where the interstate heads east toward Fort Lauderdale along what is known as Alligator Alley. The Florida Highway Patrol said in a news release that the southbound lanes were closed and advised motorists to seek alternate routes. A photo captured by the Florida Department of Transportation showed a huge plume of black smoke rising from the plane. It was not immediately known if anyone was injured.
Organizations: Florida Highway Patrol, Florida Department of Transportation Locations: NAPLES, Fla, Florida, Collier County, Fort Lauderdale
Yet after back-to-back atmospheric rivers walloped California in less than a week, it wouldn’t take much for water, mud and boulders to sluice down fragile hillsides, experts warned. Some 400 trees had fallen in the Los Angeles area alone, the city said. At least 6 billion gallons (22.7 billion liters) of storm water in Los Angeles alone were captured for groundwater and local supplies, the mayor’s office said. Just two years ago, nearly all of California was plagued by a devastating drought that strained resources and forced water cutbacks. Associated Press journalists Christopher Weber, John Antczak and Damian Dovarganes in Los Angeles and Scott Sonner in Reno, Nevada, contributed.
Persons: Tyler Kranz, Dion Peronneau, Mud, , , ” Los Angeles Mayor Karen Bass, ” Bass, Lou Quismorio, “ I’ve, Sabrina Biddle, ___ Watson, Christopher Weber, John Antczak, Damian Dovarganes, Scott Sonner Organizations: ANGELES, Hollywood, Weather Service, ” Los Angeles Mayor, California Highway Patrol, National Weather Service, Associated Press Locations: Southern California, Los Angeles, Los Angeles County, California, LA, Baldwin, ” Los, Pasadena, San Diego, Northern California, Tijuana, Mexico, Yucaipa, Arizona, New Mexico, Phoenix, Flagstaff, Reno , Nevada
The fact is that gas cars aren’t being weaponized on most of the continent the way they are in America. I’m all in favor of the commendable end to gas cars that Europe has now embraced – a decade or more hence. Of course, that’s only one corner of what’s happened to Paris traffic under the Hidalgo regime. The same toxic, planet-warming emissions are being generated, especially with all that idling in place in endless traffic jams. Perhaps a couple of decades from now when all those gas guzzling cars will be gone entirely?
Persons: David A, That’s, , Giuseppe Sala, hasn’t, van, Laurent Nunez, , King Louis XVI, Marie Antoinette, Anne Hidalgo, Hidalgo, Joe Biden, Eric Adams Organizations: CNN, French Legion of, The New York Times, CBS News, European Union, Sunday, , Concorde, Olympic, Seine, Maison de Radio, Notre Dame, US Locations: Europe, Asia, Paris, America, Milan, Italy’s, Swedish, Stockholm, Vienna, Pontevedra, Spain, , dribs, Hidalgo, , Seine, Taxis, New York
Photos You Should See View All 45 ImagesNear the Hollywood Hills, floodwaters carried mud, rocks and household objects downhill through Studio City, city officials said. Downtown Los Angeles received nearly 7 inches (18 centimeters) of rain by Monday night, nearly half the yearly average of 14.25 inches (36 centimeters). The danger wasn’t over despite a projected dip in the rainfall, warned Ariel Cohen, meteorologist in charge of the National Weather Service bureau in Los Angeles. “We’ll get any help on the way as soon as you guys request it,” he told Los Angeles Mayor Karen Bass in a telephone call. Associated Press journalists Michael R. Blood and Eugene Garcia in Los Angeles and Amy Taxin in Orange County contributed to this report.
Persons: , Keki Mingus, “ I’ve, ” Drake Livingston, Livingston, Ariel Cohen, “ It’s, Tony Sanz, ” Crews, , Nathan Lopez, Gavin Newsom, Joe Biden, “ We’ll, Los Angeles Mayor Karen Bass, ___ Watson, Michael R, Eugene Garcia, Amy Taxin Organizations: ANGELES, National Weather Service, Authorities, Hollywood, Downtown, Los Angeles Fire Department, San Bernardino County Fire Department, Rancho, Santa Cruz County . Police, Gov, Los Angeles Mayor, Associated Press Locations: Southern California, Los Angeles, Northern California, Studio City, Beverly Crest, Downtown Los Angeles, LA, Los Angeles County, Santa Ana, San Bernardino, Rancho Dominguez, Compton, Long Beach, San Francisco Bay, Carmichael, Sacramento, Boulder, Santa Cruz County, Yuba City, San Francisco, San Diego, Orange County
Beijing CNN —Blizzards and freezing rain have brought massive disruption to China’s peak Lunar New Year travel rush, leaving drivers stuck in cars on icy highways and passengers struggling to rebook canceled trains and flights. Sections of 90 major highways impacted by snow and ice were closed across China as of Tuesday morning, according to state-affiliated Beijing News. Others show crowds of stranded passengers in train stations, in one case with an announcement blaring: “No trains are leaving today. Tang flipped through his camera, where images showed piles of snow on both sides of the road and a long traffic jam. Another wave of precipitation is forecast through midweek slightly further south than the snow over the weekend, according to CNN Weather.
Persons: Yang Guang, Tang Zitao, Tang, , we’d, It’s Organizations: Beijing CNN, Visual China, CNN, Spring, CNN Weather Locations: China, Beijing, Hubei, Anhui, Wuhan, Henan province, Tang
Paris CNN —Parisians voted in favor of tripling the parking costs for SUVs on Sunday, following a proposal by the Paris mayor’s office, as the city aims to cut air pollution and tackle the climate crisis. Citizens were asked to decide whether there should be a specific parking rate for “heavy” and “polluting” vehicles. The results of the Paris vote are expected to be verified on Monday by the electoral commission. Paris Mayor Anne Hidalgo thanked those who cast their vote on Sunday, stressing that it was a question about ecology, road safety and public health. Some car associations have come out strongly against the SUV proposal, however, including the group 40 Millions d’Automobilistes (40 Million Motorists).
Persons: Paris Mayor Anne Hidalgo, Hidalgo Organizations: Paris CNN, Paris, Citizens, , International Energy Agency, Paris Mayor Locations: Paris, US, India, Europe
Classes were canceled Monday for schools across Santa Barbara County, which was devastated by mudslides caused by powerful storms in 2018. Evacuation orders and warnings were in effect for mountain and canyon areas of Monterey, Santa Barbara, Ventura and Los Angeles counties. Gavin Newsom declared a state of emergency for Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura counties. As of Sunday afternoon, the Los Angeles Unified School District, the nation’s second largest, said it was planning to open schools as usual Monday. ___Associated Press videographer Eugene Garcia in Ventura, Calif., and radio reporter Julie Walker in New York contributed to this report.
Persons: Alexis Herrera, ” Herrera, Ryan Kittell, , Lindsay Horvath, ” Horvath, Gavin Newsom, Alberto Carvalho, videographer Eugene Garcia, Julie Walker Organizations: ANGELES, San Francisco Bay Area, Sunday, San Francisco International, Palisades, Central, Gov, Emergency Services, Los Angeles Unified School District, Associated Locations: California, San Francisco Bay, San Jose, Southern California, Santa Barbara, Ventura, Sacramento, San Francisco, Sierra Nevada, Hawaii, Northern California, Monterey, San Luis Obispo County, Los Angeles, LA, Topanga, Soledad, Los Angeles , Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Ventura counties, Southern, Ventura , Calif, New York
Many of the “over-reported records” in the audit were because of bad data entry processes, "rather than intentional falsification of traffic stop data,” said the report, commissioned by Gov. The investigators, however, also said they found “significant failures” by state police in reporting accurate traffic stop information to a statewide databased used to analyze any potential racial profiling by police. The audit said 130 troopers had been identified as having a significant disparity between traffic stop information submitted to the database compared with the court system. State police have been reviewing the traffic citation data. What we have seen is information that provides explanations for why some of the data may have been inaccurate.”
Persons: , , Ned Lamont, Attorney Deidre Daly, , Lamont, Ken Barone, ” Barone Organizations: Gov, U.S, Attorney, University of Connecticut, UConn, Justice, Transportation Locations: HARTFORD, Conn, Seven Connecticut
CNN —Three people were killed and nine others were injured when a privately owned hangar under construction collapsed on airport property in Idaho’s capital of Boise on Wednesday evening, city officials said. Of the nine injured survivors, five were in critical condition and receiving care at hospitals on Wednesday night, city officials said. “There was a large-scale collapse of the building, the framework of the building. “It was fairly catastrophic.”The building under construction was not a city facility and airport operations were not affected, Hummel said. The construction was not an airport project, Rebecca Hupp, the airport director, said during the news conference.
Persons: West, Luke, ” Aaron Hummel, Hummel, , ” Hummel, Rebecca Hupp, CNN’s Christina Maxouris Organizations: CNN, West Rickenbacker, Boise Fire Department, The Idaho State Police Locations: Boise, Boise Airport’s
Why does gas cost more in California?
  + stars: | 2024-01-27 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +5 min
It adds about 10 cents of additional cost per gallon of gas, said Borenstein. Yet, in the fall of 2022, California gas prices shot up to a record high of nearly $6.50 per gallon after multiple refineries suffered outages. The shrinking number of oil refineries in California is another reason there’s a growing gap between California and the rest of the country’s gas prices. Those 11 refineries produce 90% of California’s gas and diesel fuel, according to California’s energy department. But Borenstein has another theory for why the price of gas is so much higher in California.
Persons: That’s, Severin Borenstein, Borenstein, Ronald Reagan, ” Reagan, David Paul Morris, , , Patrick De Haan, ” Borenstein Organizations: Los Angeles CNN —, AAA, University of California Berkeley’s Haas School of Business, California Air Resources Board, Gov, Carrell, Act, Bloomberg, Getty, American Lung Association, US Energy Information Administration, Drivers, Shell, Mobil Locations: United States, California, Golden, Angeles, Los Angeles, San Francisco , California, Hawaii, Texas, Oklahoma, Louisiana, “ California, Chevron
BALTIMORE (AP) — A crash involving multiple vehicles closed all lanes on the heavily-traveled U.S. 50 Bay Bridge in Maryland on Saturday and motorists were advised to expect major delays, authorities said. The Maryland Transportation Authority said on X, formerly Twitter, the crash on the westbound lanes closed the bridge. The transportation authority said in a later post that eastbound and westbound traffic were alternating turns on the eastbound bridge, but the westbound bridge remained closed. Political Cartoons View All 253 ImagesAlso known as the William Preston Lane Jr. Memorial Bridge, the span crosses the Chesapeake Bay. It connects Maryland’s Eastern Shore and the metropolitan areas of Baltimore, Annapolis and Washington, the transportation authority said on its website.
Persons: Anne, William Preston Lane Jr Organizations: BALTIMORE, Maryland Transportation Authority, Police Department Locations: Maryland, Anne Arundel, Annapolis, Kent, Shore, Baltimore, Washington
Oil rises on U.S. crude stock draw, China stimulus hopes
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio reinforced hopes of more stimulus measures and economic recovery. "A significant drop in the U.S. oil inventories and expectations of China's economic recovery and more stimulus measures supported oil prices," said Toshitaka Tazawa, an analyst at Fujitomi Securities. U.S. crude stockpiles tumbled by 9.2 million barrels last week, the Energy Information Administration said, more than quadruple the 2.2 million-barrel draw analysts forecast in a Reuters poll. Oil prices also drew support from hopes for China's economic recovery. "Oil investors do need a concrete catalyst to propel prices any further which honestly seem (to be) missing for now, Sachdeva said.
Persons: Toshitaka Tazawa, Priyanka Sachdeva, Phillip Nova, Sachdeva Organizations: Brent, U.S, West Texas, Fujitomi Securities, Energy Information Administration Locations: U.S, China, Yemen
While throwing up a middle finger today clearly communicates a resounding “f**k you,” in classical society, historians say a middle finger was more of a ribald sexual reference. Proudly displaying a middle finger was usually a joke, an insult or a sexual proposition, Nelson and other classical researchers posit. Morris has said that the middle finger landed in the US with Italian immigrants in the late 19th century. Anti-establishment artists from Joe Strummer of The Clash to Tupac Shakur have pointed a middle finger at the ruling class in their work — and, in famous photos, literally. The singer appeared during Madonna’s Super Bowl Halftime Show and flexed her middle finger toward the camera, prompting the NFL and NBC to apologize.
Persons: , Max Nelson, Nelson, Aristophanes, Socrates, Suetonius, Caligula, Desmond Morris, Morris, ” Morris, It’s, ” Nelson, didn’t, Brian Palmer, Johnny Cash, Joe Strummer, Tupac Shakur, M.I.A, Madonna, assumedly Organizations: CNN, BBC, University of Windsor, Catholic Church, Slate ., San, NFL, NBC Locations: Ontario, Canada, Greece, Rome, San Quentin, California, M.I.A
MADRID (Reuters) - Army units were mobilised to help about 600 drivers who were stuck on a motorway in heavy snow as Storm Juan blanketed many parts of Spain, authorities said on Friday. Snowfalls left motorists stranded for hours on the N-122 road between Soria and Agreda in northern Spain so authorites said they had dispatched troops from a base in Zaragoza to help move the drivers. Temperatures plunged to minus 13 Celsius (8.6 Fahrenheit) in Soria, AEMET, the state weather forecaster, said on Friday. Heavy rains fell in the western region of Extremadura and in Catalonia in northeastern Spain, Aemet added. The storm was expected to pass by Saturday, forecasters said.
Persons: Juan blanketed, authorites, Miguel Ángel Clavero, Aemet, Graham Keeley, Sandra Maler Organizations: Army, Saturday Locations: MADRID, Spain, Soria, Agreda, Zaragoza, Aragon, AEMET, Extremadura, Catalonia
The prices of a barrel of Brent crude, the global oil benchmark, and West Texas Intermediate, the US oil benchmark, have barely moved. Now, however, analysts say economic factors — weaker demand in countries such as China and Germany, ample oil and gas supply — are superseding concerns about violence in the Middle East. Al Drago/Bloomberg/Getty ImagesGlobal oil demand growth is expected to almost halve this year, the International Energy Agency said in a report Thursday. At the same time, global oil supply is forecast to hit an all-time high, driven by record output from countries including the United States and Canada, the IEA said. Nan said relatively modest demand was also helping to prevent spikes in gas prices.
Persons: Brent, , Homayoun, “ It’s, , Hope, Al Drago, That’s, Falakshahi, Xi Nan, Kpler, Wood Mackenzie, Nan Organizations: London CNN, Hamas, West Texas Intermediate, AAA, CNN, National Bureau of Statistics, Bloomberg, Getty, International Energy Agency, Organization of, Petroleum, Rystad Energy, Gas Infrastructure, LNG “ Locations: Red, Iran, Pakistan, Gaza, Ukraine, China, Germany, South Africa, Washington , DC, United States, Canada, Russia, OPEC, Europe, wean, Gas Infrastructure Europe, Africa, Qatar, United Kingdom
Winter turned its icy glare on the U.S. this week, blanketing cities and states from east to west with snow and sending temperatures into an Arctic spiral. Heavy lake-effect snow shut down city hall, canceled school in several districts and led to travel bans across multiple suburbs. Blades of grass hardened into icicles as snow fell and temperatures dropped in Houston, Texas. Pedestrians braved the cold while walking in downtown Kansas City, Missouri, and children sailed down snow drifts at the U.S. Capitol in Washington. And steam rising off of Lake Michigan in Chicago drew would-be photographers, bundled up and enjoying the view as winter settled in.
Persons: Winter, Frost, hunkered Organizations: Blades, U.S, Capitol Locations: Buffalo , New York, In Oregon, Lake Oswego, Portland, New Orleans, Houston , Texas, Chicago, Nashville, Kansas City , Missouri, Washington, Lake Michigan
The key to cutting emissions from cars and light trucks that are heating the planet could lie with the nation’s super drivers, the small percentage of American motorists who drive, on average, about 110 miles per day. If more of those drivers switched to electric vehicles from gasoline-powered models, it would make a major dent in greenhouse gases from transportation, which have so far been slow to decline, according to a new analysis published on Wednesday by Coltura, an environmental nonprofit group based in Seattle. While the average American driver travels about 13,400 miles per year, people who buy electric vehicles today tend to drive them less than that, limiting the climate benefits of switching to a cleaner car. By contrast, the top 10 percent of motorists in the United States drive an average of about 40,200 miles per year and account for roughly one-third of the nation’s gasoline use. Persuading more of these “gasoline superusers” to go electric would lead to a much faster reduction in emissions, the Coltura report found.
Persons: Coltura Locations: Seattle, United States
The Iowa caucuses, which are the opening contest in the months-long Republican presidential primary process, begin at 8 p.m. EST. Trump's political strength heading into the Iowa caucuses, which come 426 days after he launched his 2024 campaign, tells a remarkable story of a Republican Party unwilling or unable to move on from him. On the eve of the caucuses, Trump predicted he would set a modern-day record for an Iowa Republican caucus with a margin-of-victory exceeding the nearly 13 percentage points that Bob Dole earned in 1988. Last month, some presidential campaigns were expecting close to 200,000 Republican voters to participate in the caucus. Associated Press writers Jill Colvin in Des Moines, Iowa, and Adriana Gomez Licon in Council Bluffs, Iowa, contributed to this report.
Persons: Donald Trump, , Hans Rudin, Trump, Haley, DeSantis, Vivek Ramaswamy, Asa Hutchinson, Chris Christie, Joe Biden, Adolf Hitler, “ Trump, Kathy DeAngelo, , Bob Dole, Iowans, Martin Luther King Day, Nikki, Jake Hutzell, hasn’t, There’s, ___, Beaumont, Jill Colvin, Adriana Gomez Licon Organizations: DES, Republican, DeSantis, Arkansas Gov, New, New Jersey Gov, Democratic, Republican Party, Biden, U.S . Capitol, U.S, ” Republican, Trump, Des Moines Register, NBC, South, Iowa Republican, National Weather Service, GOP, ___ Peoples, Associated Press Locations: DES MOINES, Iowa, Bluffs , Iowa, New Jersey, New Hampshire , Nevada, South Carolina, Florida, America, Des Moines, Ames, Dubuque, Washington, Indianola , Iowa, Ames , Iowa, Des Moines , Iowa
BUFFALO, N.Y. (AP) — Brutally cold temperatures and dangerous wind chills stayed put across much of the U.S. Monday, promising the coldest temperatures ever for Iowa's presidential nominating contest, holding up travelers, and testing the mettle of NFL fans in Buffalo for a playoff game that was delayed a day by wind-whipped snow. Saco, Montana, dropped to minus 51 F (minus 26 C). Subzero lows reached as far south as Kansas, Missouri, Illinois and parts of Indiana, Taylor said. The person killed — the fifth death nationwide attributed to the Arctic cold — was among four snowmobilers attempting to cross U.S. Highway 40 in the Strawberry Reservoir area. Ice jam warnings were issued in Wyoming and Montana, where the bitter cold could cause rivers and streams to lock up with ice and overflow their banks.
Persons: , Zack Taylor, Taylor, Crews, shovelers, Bob Isaacs, Buffalo, , Monday, Julie Walker, John Wawrow, Matthew Brown, Jack Dura Organizations: U.S, NFL, National Weather Service, Buffalo Bills, South Buffalo, Presidential, Republican, Utah, Patrol, Authorities, Washington, D.C, Associated Press Locations: BUFFALO, N.Y, Buffalo, College Park , Maryland, Montana . Saco , Montana, Kansas , Missouri , Illinois, Indiana, Highmark, Orchard Park , New York, Lake Erie, Hamburg, Angola, West Seneca, Blasdell, South, Iowa, United States, Utah, Salt Lake City, Colorado, East, Vail , Colorado, Jackson County, Wyoming, Montana, New York City, Billings , Montana, Bismarck , North Dakota
The Buffalo Bills' NFL team's Highmark Stadium is covered in snow after a recent storm in Orchard Park, New York, on Nov. 21, 2022. The Buffalo Bills and Pittsburgh Steelers playoff game has been postponed until Monday afternoon due to winter weather, New York Gov. In consultation with our emergency response teams, @BuffaloBills leadership, and the NFL, the Bills game will be postponed to 4:30 pm Monday," she said in a post on X. The NFL and the Bills said in a statement that the postponement was in the "best interest of public safety." Western New York is expected to be hit with a winter storm beginning around 6 p.m. Saturday.
Persons: Kathy Hochul, I've, Roger Goodell, Hochul Organizations: Buffalo Bills, NFL, The Buffalo Bills, Pittsburgh Steelers, New York Gov, Bills, Pittsburgh, Super Locations: Orchard Park , New York, Buffalo, York, Erie County
NYC officials rebranded an 18-hole public golf course formerly managed by the Trump Organization. Last year, the Trump Organization sold the operating rights to Bally's Corporation for $60 million. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In September, the Trump Organization sold the operating rights to Bally's for $60 million. AdvertisementThe former president changed his legal residence from New York City to Palm Beach, Florida, in 2019.
Persons: , Donald Trump, Eric Adams, Bill de Blasio, Donald Trump Jr Organizations: Trump Organization, Trump, Bally, Bally's Corporation, Service, Bally Links Locations: York, New York City, Bronx, Whitestone, New York, Palm Beach , Florida
Shipping can be rerouted away from the Red Sea, but crude would be essentially trapped if the strait is shut down, Struyven said. A prolonged disruption in the strait could eventually double oil prices, he said. McNally thinks the market should be factoring in a $12 geopolitical risk premium in oil prices right now. Wirth told CNBC's Sullivan that Chevron is currently working with the U.S. Navy to protect its vessels transiting the Red Sea. "Hopefully, if it doesn't escalate further, we'll be OK — even if there has to be a wholesale diversion of shipments around the Red Sea," Granholm said.
Persons: you've, Daan Struyven, Goldman Sachs, CNBC's Brian Sullivan, Struyven, Bob McNally, McNally, Bush, Antony Blinken, Daniel Yergin, Yergin, Michael Wirth, Tehran's, Wirth, CNBC's Sullivan, Joe Biden's, Jennifer Granholm, Granholm, Israel, Benny Gantz, Gantz, Biden's, Bob Yawger, Yawger, Brent Organizations: Shipping, Rapidan Energy Group, National Security Council, P Global, Brent, Chevron, U.S . Navy, NBC News . Energy, Mizuho, Energy Information Agency, Gulf Locations: Red, Iran, Hormuz, Persian, Israel, Strait, Yemen, Danish, U.S, Lebanon, Beirut, Lebanese, Islamic Republic, The U.S, Europe, South Africa, United States, East
Total: 25