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State Park officials performing routine patrols located the body of a man matching French's description with what appeared to be a self-inflicted gunshot wound in an area near Palomar Mountain State Park on Saturday, Orange Police Sgt. Phil McMullin told the Register. 268
Thanks OPEC and Russia: The rebound in oil prices from the crash of 2015-2016 was engineered in large part by OPEC. The oil cartel teamed up with Russia to slash production beginning in early 2017 in a bid to fix a supply glut. That strategy eventually worked and global oil stockpiles, especially in the United States, have declined steadily.In fact, OPEC and Russia's moves have been strong enough to offset soaring production from the shale revolution in the United States.Trump exits Iran deal: US oil prices topped a barrel earlier this month just as President Trump announced the United States is withdrawing from the Iran nuclear deal.The decision sparked fears that renewed sanctions on Iran, the world's fifth-biggest oil producer, will sideline up to 1 million barrels per day of supply. It remains unclear exactly how much Iranian oil will get knocked offline, but it's safe to say the Iran decision has supported oil and gas prices. Related: Saudis say OPEC and Russia could pump more oil How high will prices go? Memorial Day weekend is often the peak for gasoline prices as demand starts to wane through the summer and in the fall.DeHaan predicted that the national average could top a gallon over the next few days before backing away."This could be the high-water mark for the driving season," said DeHaan.If prices don't calm down, some drivers could decide to stay home rather than pay up at the pump."It's starting to cause some sticker shock and maybe some resentment. But I don't think it will hold people back," said DeHaan.Trump could eventually take action if prices become a problem. Goldman Sachs recently suggested Trump could tap the emergency stockpile of oil stored in the Strategic Petroleum Reserve to make up for the loss of Iranian production.OPEC to the rescue? It's possible that OPEC and Russia, sensing that prices have gotten too hot, step in to calm the market down.In fact, Saudi Arabia said this week that OPEC and Russia could supply more oil to world markets "in the near future."That news, from a panel discussion hosted by CNNMoney's John Defterios, helped send US oil prices plunging 4% to .88 a barrel. It was oil's steepest decline in nearly a year. OPEC and Russia are due to meet in Vienna on June 22.However, some analysts are skeptical that OPEC and Russia will do anything to spoil the high prices needed to balance their budgets."The Saudis are quite enjoying prices," said Michael Tran, global energy strategist at RBC Capital Markets."I'm not sure they're going to rush back in and flood the market with barrels," he said. 2593
State and federal officials are bracing for the storm, with Hawaii opening emergency shelters, closing some public schools for the rest of the week, and placing nonessential government workers on leave.The Federal Emergency Management Agency said it has prepared food, water, generators and other commodities to help with emergency resources.Some hospitals increased their weekend staffing and postponed elective procedures and surgeries Friday and Saturday in preparation for the influx of patients expected during natural disasters"If it's really catastrophic, you see things such as dehydration, exhaustion, infections," Dr. Leslie Chun of the Queen's Medical Center told CNN affiliate Hawaii News Now. 705
Southbound I-805 at Bonita Rd. in Chula Vista (12:40 a.m.)-- A semitruck without a trailer slid on the rain-slicked road and flipped over onto its side, leading to a fuel spill. 177
Sister Mary Alexius Portz was a musician. While all of these women were retired, Sciano says Portz worked into her 80s, giving music lessons. 141