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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
Sooo a pipe exploded on the highway and this happens...here comes a potential sinkhole/road collapse ?? pic.twitter.com/z5Pvip7DnG— Chloe Bycoskie (@chloebycoskie) September 14, 2017 182
Staat will run in California's 8th congressional district as a Republican and will look to replace Rep. Paul Cook (R), who will not seek reelection in 2020, 157
Shoppers also have the option of using a four-lane-wide valet on La Jolla Village drive.Westfield officials said the parking changes are necessary. They cited the few free parking locations in the increasingly dense Golden Triangle business area. Westfield said hundreds of drivers who are not using the mall have parked on site for several hours, or even the entire day.RELATED: Nordstrom offers new way to shop at UTCWestfield anticipates the parking squeeze will tighten with the addition of a new regional transit center and trolley station alongside the property.See 2017 video of the construction project:UTC Construction Update - July 2017 from Westfield Corporation on Vimeo. 683
TBI agents arrested the father Saturday and charged him with one count of criminal homicide. Daniels is being held at the local jail on a million bond. Information on his attorney was not immediately available.Joe had autism and was nonverbal, according to CNN affiliate WZTV.Search crews brought in helicopters to draw out the boy, who's a fan of big machines."Driving the roads, we've been out on foot ... doing everything we can ... to try and find this little boy," search volunteer Amanda Curtis said. "We searched and searched, and unfortunately it come up to a bad ending."Details surrounding the boy's death remain unknown, but authorities said a search for his body is ongoing.The community will hold a candlelight vigil and prayer service for Joe on Sunday night in Dickson, which is about 40 miles west of Nashville. 835