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Friday brought another round of dramatic price cuts in the oil patch.US oil prices plummeted 7% and sank deeper into a bear market that has alarmed investors and made drivers around the world happy.The latest wave of selling knocked crude below a barrel for the first time since October 2017.Anxiety about oversupply and diminished demand have sent crude down by a third since it soared to a four-year high above a barrel in early October. Observers have gone from fearing 0 oil to expressing concern over why its price collapsed so quickly."The unrelenting six-week selloff has been unnerving to say the least," Michael Haigh, head of commodities research at Societe Generale, wrote to clients on Wednesday.Oil bulls are hoping OPEC and Russia come to the rescue by announcing steep production cuts at a meeting next month in Vienna. However, President Donald Trump is pressuring Saudi Arabia and OPEC not to reduce output despite the crash in prices. Traders are worried Trump's recent praise for Saudi Arabia signals the Saudis won't back a significant production cut.For the week, US oil prices are down nearly 10%.Lukman Otunuga, research analyst at FXTM, described the weekly selloff as "brutally bearish."Brent crude, the global benchmark, shed 5.5% on Friday and declined to a new 2018 low of a barrel.The meltdown was triggered by a series of developments that darkened the energy outlook. Prices soared over the summer as Trump vowed to zero out Iran's oil exports. That led Saudi Arabia, Russia and especially the United States to ramp up production. However, the Trump administration later took a softer approach on Iran sanctions to keep oil from spiking. Officials granted temporary waivers to China, India and other buyers of Iran's crude. That headfake left the oil market staring at a potential glut.At the same time, global growth fears emerged in financial markets. Economists are marking down their GDP forecasts for 2019. Germany and Japan, the world's No. 3 and 4 economies, are already in contraction. China is slowing, too. None of that is bullish for oil, which powers the world economy."Rising global crude supply coupled with worrying signs of slowing demand have written a recipe for disaster for the oil markets," Otunuga wrote to clients on Friday.The rapid collapse in oil prices caught many off guard, including hedge funds that made outsized bullish bets on crude earlier this year. Large commodity funds have accumulated losses in excess of .7 billion so far this quarter, Societe Generale estimates."Sentiment on commodity markets has been despondent," Haigh wrote.The energy slump came at just the right time for consumers though. Millions of Thanksgiving travelers were greeted by cheaper prices at the pump. The average gallon of gallon fetched .58 on Friday, down sharply from .84 a month ago, according to AAA. 2880

FORT LAUDERDALE, Fla. — Police apprehended a kangaroo that was on the loose Thursday morning in Fort Lauderdale.Residents living near North Andrews Avenue and 13th Street reported seeing a runaway kangaroo hopping through their neighborhood.Fort Lauderdale police officers arrived and, with the help of wildlife officers, were able to leash the kangaroo and guide the animal into the back of a police cruiser.It was not immediately known how the kangaroo made its way to Fort Lauderdale, but the marsupial avoided a trip to the slammer.Instead, the Australian tourist was taken to the South Florida Wildlife Center. Who caught a glimpse of #FLPD’s newest mate hoping through our community this morning? Officers in District 2 worked together to safely capture this kangaroo and turn it over to the South Florida Wildlife Center. pic.twitter.com/y4rZ5QQApS— Fort Lauderdale Police (@FLPD411) July 16, 2020 This story was originally published by Peter Burke on WPTV in Palm Beach, Florida. 1006

Following the controversy sparked by a football player carrying a "thin blue line" American flag on the football field Friday night, Chardon Local Schools Superintendent Michael Hanlon Jr. has banned the flag in a school setting.In a statement to the community, Hanlon said the incident understandably drew responses on social media and direct communications to district officials. 389

Former NFL player Jonathon Martin has been taken into custody by Los Angeles police after appearing to post a threatening Instagram story that caused a school to go into lockdown."The individual we believe responsible for the social media post in question has been detained and our investigation is ongoing," the Los Angeles Police Department said in a statement to ESPN.On Friday, an Instagram account appearing to belong to Martin posted a story that included a photo of a long gun and ammunition. The photo included the caption "When you're a bully victim & a coward, your options are suicide, or revenge." The photo also included the hashtag #HarvardWestlake, an apparent reference to a Los Angeles high school and Martin's alma mater. Here is the image from Martin's Instagram Story that prompted the closure pic.twitter.com/dJ9tYww8SL— Matt Stone (@MattStoneABC) February 23, 2018 908

For the most part, we've already been sheltering in our homes as we all try to get a grip on the pandemic. And this holiday season, which started Thursday with the first day of Hanukkah, families are looking for ways to make it special.Rabbi Robert Nosanchuk says his team is helping families celebrate Hanukkah safely at home through live stream services online.“Many participants will light candles together on Zoom. So, we'll literally light up the internet,” Nosanchuk said.And while you may not be able to give gifts in person this year, you can still offer the traditional monetary Hanukkah gift virtually.But this year, Nosanchuk is asking families to focus ways to build a more peaceful and just society.“Whatever faith you may be representing, I hope you'll know that your Jewish neighbors are holding their Hanukkah menorah by the window to publicize that miracles do happen,” Nosanchuk said. “I pray strongly that we'll all be healed. We'll feel well in the new year.”This story was originally published by Taneisha Cordell at WEWS. 1051