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Russia-Ukraine Fears Drive Oil Prices to Seven-Year Highs; FDA Postpones Meeting on Pfizer Vaccine for Children Under 5; NFL Fans Weigh in on Favorite Part of Game; Some of Hip Hop's Biggest Starts to Take Stage at Super Bowl Halftime. Aired 3:30-4p ET
Aired February 11, 2022 - 15:30 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
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ALISYN CAMEROTA, CNN HOST: Fears of a potential Russia invasion of Ukraine caused oil prices to jump to a 7-year high. This afternoon U.S. oil prices briefly climbed above $94 a barrel. Prices slid back down a bit though as U.S. National Security Adviser Jake Sullivan said the U.S. does not believe Russia have made a final decision on whether to invade. Let's go to CNN's Matt Egan. So Matt, what does all this mean for consumers?
MATT EGAN, CNN BUSINESS REPORTER: Well, Alisyn, this is clearly a foreign policy crisis. And it's potential human tragedy.
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But there's also economic consequences here, potentially big ones. Because remember, Russia is the number two producer on the planet of both oil and natural gas. And both are in short supply right now. So, anything that would risk those supplies is going to have a reaction from the market. So as soon headlines across this afternoon about this growing risk of an invasion by Russia into Ukraine, potentially during the Olympics, that sent oil prices back up. U.S. oil prices, as you mentioned, briefly topped $94 barrel. They came back but now they're close to $94 again right now.
JPMorgan warned this week that any disruption to oil flows from Russia would cause oil prices to go up to $120 a barrel. They said that if exports were cut in half -- which is probably unlikely -- but if that happened then you can see $150 oil. We haven't seen anything like that since 2008. So, clearly the markets are watching these headlines on Russia/Ukraine very closely.
CAMEROTA: You could time your watch today to the markets. You can see exactly what happened when Jake Sullivan started talking. Was that the moment they went into red?
EGAN: Yes, it was shortly before that some headlines came out. And we saw oil prices shoot up and the stock market go down -- as you can see. The Dow down 500 points, exactly 1.4 percent. Trading in near session rose right now. The Nasdaq down even more, almost 3 percent. And that makes sense because we know investors do not like uncertainty. It doesn't get much more uncertain than this. Also, don't forget, we're already dealing with an inflation crisis
right now. We just learned yesterday consumer prices rising at the fastest pace in 40 years. If oil prices keep going up, that's only going to driver gas prices higher. We have gas quickly approaching 3.50 a gallon nationally at seven-year highs. There's a lot of uncertainty and a lot of nervousness is in the market now -- Alisyn.
CAMEROTA: Matt Egan, thank you as always.
EGAN: Thank you, Alisyn.
CAMEROTA: OK, there could be a longer wait for children under five to get a COVID vaccine. What the FDA is now saying about what's next.
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CAMEROTA: Breaking medical news, children under five will have to wait even longer to become eligible for a COVID vaccine. The FDA postponing next week's meeting to consider authorizing Pfizer's vaccine for the age group. Let's go straight to CNN's Jacqueline Howard. So, Jaclyn, what's behind this decision?
JACQUELINE HOWARD, CNN HEALTH REPORTER: Alisyn, you know the reasoning behind the decision is this, if the FDA advisory committee went ahead and met on February 15th, which was the original plan. And let's say possibly the vaccine was authorized for ages five and under. And then a month late Pfizer may have come out with more data showing three doses, you know, was effective compared with two doses which is what the authorization submission originally was for. Then we'd have to go this process all over again.
So basically, what has happened is the FDA says that more data has come out on this vaccine. Instead of going ahead and looking at the data now and moving forward with the authorization process, they are waiting until possibly April to do the authorization process once more data come in. The data that I'm talking about, it turns out that Pfizer's study on the vaccine as a three-dose series instead of two dose is moving quickly. And while the original EUA submission was for two doses, it turns out that with this new data on three doses, that three dose series can be considered later on. So, that's what's happening here, Alisyn, with this vaccine.
CAMEROTA: Jacqueline, there's new information also coming out of the CDC about booster shot and how long they last. What have you learned?
HOWARD: That's right. This new information from the CDC shows that the booster dose, the vaccine effectiveness from the booster dose can wane over time which is similar to how effectiveness after the primary series can wane over time but the effectiveness is still high. So here are the numbers. The CDC study found that once you receive your booster shot you have 87 percent to 91 percent protection against urgent care visits or COVID-19 hospitalization. That's after two months. Once four months go by, that effectiveness can drop to about 66 percent and 78 percent. Those are still high percentages. As you know, Alisyn, there has been some talk of this vaccine possibly
being an annual shot or, you know, there is kind of this expectation that this waning might happen over time. This study just adds to that but it's important to get your booster. Effectiveness is still high -- Alisyn.
CAMEROTA: OK. Jacqueline Howard, thank you very much for all the new information.
All right, on a lighter note, the Super Bowl is two days away. What's your favorite part of the event? Is it the game? Is it the commercials? Is it the food? We have the results of a new poll, next.
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CAMEROTA: Countdown to Super Bowl LVI is here and a new poll is getting some insight on what adults like most about the Super Bowl.
Only 35 percent say the actual game. Ha, see I'm not alone.
A quarter say the commercials. 18 percent like the halftime show and just 1 percent care about the pre-game show so I guess we can skip that.
Entertainment Tonight host and CNN contributor Nischelle Turner joins me now. Nischelle, great to see you, what is your favorite part of the Super Bowl?
NISCHELLE TURNER, CNN CONTRIBUTOR: Can I say all of the above, Alisyn?
CAMEROTA: Sure.
TURNER: Yes, I grew up a football fan, I love it all, I love the ads, I love watching that, I am here for the halftime show, every single time out, especially this year.
I like it all. I even like the pre-game. I like the festivities. I love hearing the national anthem being sung, all of that. I think the day in itself is just a really great day. You know, for everybody to gather together and have a little fun. Let loose a little bit. Breathe.
CAMEROTA: You are a super fan. I can see that of the Super Bowl.
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They didn't mention my favorite part. Which is the nachos. And so, the favorite game food is chicken wings, 33 percent, then pizza, then chips, then burgers and sliders. I can't believe nachos came in fifth, they're so great, at only 8 percent.
TURNER: The disrespect for the nacho is not good. CAMEROTA: You think, I'm going to turn that around tomorrow. But let's talk about the halftime show. So, you just interviewed Mary J. Blige, right?
TURNER: Last night, I am still bleary eyed. Because it was about 11:30 at night, yes, we got together. And she's fantastic and so excited about this halftime show now.
Now a couple days ago, we heard Dr. Dre say that he got chills when he saw her set. Well, she said the same thing last night. She said you're going to be amazed by this halftime show. It's going to be iconic. It's going to be epic. And she says when she hears the crowd say, go Mary. Which you know that's a part of her whole concert thing. She's going to go off. So, get ready for Mary J. Blige to go off.
But you know we are also hearing about some surprises that could happen, Alisyn. And of course, no one will confirm anything, but I did do an interview the other day with Mickey Guyton, who is singing the national anthem. And she may have had a little slip during that interview. And didn't even realize it of things that she had heard.
We are hearing that 50 Cent could be a surprise on stage. We are hearing that Anderson Paak could be a surprise on stage. And you know he just collaborated with Mary J. Blige on her new album, her 15th studio album that's dropping today. So that would not be out of the ordinary at all. And she was gushing to me last night about how much she loves him. He was at her listening party along with Bruno Mars. You know, they're duo Silk Sonic now, so you never know what's going to happen in that 12 minutes on Sunday.
CAMEROTA: That's really exciting and that sounds very cool. We also heard Dr. Dre say that it's long overdue that hip-hop to be respected at the Super Bowl. That it's so popular and that it should have been featured years ago. And so, do you think that there will be some sort of political statement that some of the artists make during the halftime show?
TURNER: You know, it's interesting. Because we've seen hip-hop artists slip in with like a compilation, a time or two, but never a full stage of hip-hop artists taking center stage. I think there is no better place to do that than L.A. I'm not so sure about a political statement being made.
We've seen that too. I mean Beyonce made one in 2016 when she paid homage to the Black Panther Party with her performance. Jennifer Lopez and Shakira did it in 2020 when J. Lo did that mash up of Born in the USA and Let's Get Loud and they had the Puerto Rican flag displayed, that's when we were having a big debate about immigration in the country.
So, it could happen. I'm not sure. I think that Dre is so forward- thinking with music and his beats. I think that he wants to give this amazing show that we're all be talking about this next day.
Now, if he gets the group N.W.A. back together, you know, their song is full of political statements, all of their songs. And so, I wouldn't be surprised, I don't think they'll do the song that people at home are thinking about right now. I think that would be wow. But I think, you know, that could be a moment if he did something like that.
CAMEROTA: That would be fascinating. And of course, everybody tunes in also for the commercials. They often, you know, get a lot of buzz the next day. So, here's one little snippet of Scarlet Johansson and Colin Jost in an upcoming commercial.
(BEGIN VIDEO CLIP)
SCARLET JOHANSSON, ACTOR: I love that we get to sleep in.
ANNOUNCER: Ordering fresh mint mouthwash, extra strength.
(END VIDEO CLIP)
CAMEROTA: That's funny. Is he sleeping in a turtleneck? Is that what Colin Jost sleeps in?
TURNER: I know, it's a lot. You know, we are seeing a lot of star power in these Super Bowl commercials this is year, Alisyn. I mean you just saw one of the A-list Hollywood couples together doing a commercial, who they ever would really get to work together unless she did "SNL." But yes, I mean we're seeing a lot of that. I think there's going to be some really great commercials. We all wait and look for them.
We were just talking today about our all-time favorites. This year going in though, Pepsi has a commercial that I love. Peyton and Eli Manning with Jerome Bettis, Terry Bradshaw, and Victor Cruz that I cannot get enough of. It's one of my favorites right now. But I am sure we are going to see one or two during the game that didn't leak out. That we're going to be like, wow, wow, wow, wow.
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I heard there's going to be some reunions in the commercials, I think there's going to be an Austin Powers reunion. We're going to see a lot of fun stuff happen on Sunday. So, get ready.
But my all-time favorite of all time, Betty White's Snicker's commercial. There has never been one better. And I don't think anyone will ever do one better.
CAMEROTA: I totally agree. Anything Betty White did was the best.
TURNER: Absolutely.
CAMEROTA: Nischelle Turner, thank you for doing the impossible and making me excited about the Super Bowl. Somehow you did that.
TURNER: Nachos! Nachos! Nachos!
CAMEROTA: That's my cheer. Thank you very much, great to see you as always.
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So tomorrow, join CNN for a kickoff in Los Angeles, it's a live CNN "Bleacher Report" special with hosts Coy Wire and Andy Scholes. And this special preview of the game starts at 2:30 Eastern. We'll be right back.
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CAMEROTA: A five-year-old Alabama boy has a very special dinner date this Valentine's Day, his favorite teacher. Miss Deborah Peterson has been John Reese Booker's favorite teacher since he came to Huxford Elementary one year ago. John Reese said he did not want Miss Peterson to be alone on Valentine's Day, so he invited her to dinner.
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UNIDENTIFIED MALE: What was the plan? Kind of tell me what the plan was?
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JOHN REESE, STUDENT, HUXFORD ELEMENTARY SCHOOL: To take her out for a date.
UNIDENTIFIED MALE: And did it work?
REESE: Yes.
DEBORAH PETERSON, TEACHER'S AIDE: You know, opened the corridor, and he say will you go to dinner with me at David's Saturday at 6:00? And I said, of course, yes.
UNIDENTIFIED MALE: Why did you pick the Keprey's (ph) place?
REESE: Because that's where her favorite place to eat is at.
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CAMEROTA: He also gave her a rose and a Valentine's Day card.
And "THE LEAD" with Jake Tapper starts right now.
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