tv Cavuto Coast to Coast FOX Business August 28, 2017 12:00pm-2:00pm EDT
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stuart: throughout the show, you've been seeing dramatic pictures of houston. truly inspiring in many respects because you've seen live rescues of people under real threat, being rescued by local people. it was an extraordinary situation. we've covered it for you. and now, neil, it's yours. neil: all right. thank you very much, stuart. i love how lizzie just put this in perspective. mother nature at its worst, human nature at its best. i think she hit it just exactly right. and that's what we're seeing right now. the vice president will likely participate in a fema briefing, warning of more life-threatening flooding along the way, 30,000 expected to be housed in the rescueses, well, they just keep on coming. >> the fire department to date, last 24 hours we've responded to over 5500 calls for service. over 4,000 of those calls have been walt-related incidents. -- water related incidents. the houston fire department, in
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cooperation with the houston police department and our partners have effected 290 water rescues since midnight last night. neil: all right. epicenter financially, just sheer breath and scope a incredible storm, houston, texas, that is where you find our jeff flock. what is the latest there in. reporter: neil, here is the problem, we had a break in the rain. seems things improved. they have releasing water out after couple different reservoirs so they don't compromise the dams. these people have never had flood problems before, but you now think you might be on the edge of a problem? >> very much so, actually with the dam releases this is all from the dam releases, because they don't want the dam to breach. this basically has come overnight. we never had water anywhere close to this house. it is very close now.
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reporter: if they don't release on the dams they may potentially lose the dams and downtown -- >> understand. absolutely understand. it is just scary. reporter: you said you heard they will release water again at this hour. >> that is what a friend of mine told me. i wasn't watching news. i have been watching out here. a friend of mine said they would release at 11. reporter: could mean higher. >> double the amount of water this time from what we understand. so we're, we're hoping we're sitting high enough. but it is hard to say. reporter: that is the headline, neil, at this hour. spin around here, laurie, we were here this morning. we were walking in the street this morning out here, if you look, i don't know if i can walk out into it or if you can see. down there now, we got people with water in their houses up halfway. you know, just when you think maybe you get a break, not so. this is a tough one. this is a tough one, neil. neil: thank you very much, jeff
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flock. as jeff intimated this could stick around for couple days. another 30 to 40 inches. talking biblical proportions here. in terms of katrina that will likely be more expensive. katrina of course had many, many more deaths, excess of 1200. blessedly they're not looking anything like that for the time-being in this storm's case. fema director saying it is unprecedented. >> helping texas overcome this disaster will be far greater than fema coordinating the mission of the entire federal government. we need citizens to be involved. texas, this is a landmark event. we have not seen an event like this. you could not draw this forecast up. you could not dream in forecast up. neil: let's get the read from former fema director james lee witt. very good to have you. how do you think authorities are doing thus far? >> i think that brock long and fema and working closely with
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texas. provide resources texas asked for. i think they will do a great job. brock long is great administrator. a former state director and i know him well. the eight years i spent at fema, i know how dedicated fema employees are as well. i think they will do a great job. getting through the response first is the critical issue right now. neil: james, for a storm like this will hang around a while for few more days, another three feet of rain? how do you prepare for that? what does fema do, besides orchestrate these evacuations and the like to get people out of harm's way? it's a pretty big area of harm's way, right? >> well, that of course is the first priority, is to get people out of harm's way, and shelter them, try to keep them fed and get their medications that they need and doctors, nurses and so you know, it's a huge, huge, job and you know, you have got the red cross an salvation army, many other organizations to help take care of that, which is very
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important as well. neil, this could be the costliest event we've seen in the united states in a long time. it is, it is a catastrophic event. it will take a long time to recover from this i've seen it so many times. you go into thighs areas, that have been flooded and water goes down, you have to rip out sheetrock from walls. debris will be massive. the other thing around is the hazardous material in homes and other places they have to dispose of in a special location. it's a lot of work and a long time to get this done. neil: would you urge those in the flood zones, those already flooded, just get out of town, might be a little late after the fact after the storm but a lot worse is colling so leave? >> absolutely, if you have family members you can stay with, have to go to a shelter, do so. don't go back into the areas until the local governments say it is safe to go back in.
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you could have downed power lines. you will have a lot of infrastructure problems. what is really, it is going to be, when this water goes down, they start gathering debris from all the homes, worse in there, the mayor and county judges and all will have serious road problems because of big trucks and quilt going over those roads that has been saturated with the base. it will, it will demolish some of those roads. neil: you know maybe you can steer me through the process here, james, when it comes to where does fema's responsibility end when it comes to homeowners, more to the point, and those who purchased government insurance, or some type of insurance? i was surprised to find out even in the flood-prone areas, one out of five homeowners in the houston area had such insurance. but those who did, it is backed up by the government, by fema, how does that work? >> yeah the flood insurance program is under fema and, you
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know, i hope, most people do have flood insurance because that will help them to recover. neil: what if they don't, what happens if they don't? >> well then, fema can come in with individual family grant program. they can provide temporary housing up to 18 months if that is the case. if that is the need. they have the family grant program which can provide, i don't know what the number is today. when i was there is was $10,000. i think it is more than that today. if you can make your home habitable. so there is a lot of different programs in there. neil: sounds to me four out of five homeowners who don't have such insurance, rolled the dice, didn't purchase it, maybe it was expensive, i don't know -- >> they will be if they don't individual now and get federal assistance, then they are required to have flood insurance from that day on. neil: if they don't, then, they're on their own, essentially? >> they're on their own, yes. neil: okay. who is in charge with this? i know authorities are saying,
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even acting fema administrator heads were talking about local authorities are in charge and calling the shots in those communities. what is fema's role then? to avoid the duplication and confusion of services like we saw with katrina in 2005? >> well, what happens is, your local emergency management office in conjunction with the state office, they will request type of resources they need immediately. if the state does not have those resource, then fema will fill that gap and provide those resources. so it's a partnership from the local, state and federal. and, if it is working well, then, it will be seamless. and so far it looks like it is seamless. so far it looks like it is going extremelyathathathath
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we have a strategic petroleum reserve. we have supply. one of the questions becomes, can we move it around? that became a big problem 12 years ago. we have to keep the electricity on, so we can move product through the pipelines. unfortunately they haven't lost a lot more pipelines yet but underscores the need for infrastructure in days to come. neil: interesting that the president would look into infrastructure that would be included in that. meantime we know harvey close ad great many ports, a lot of refineries shut down, disabled for a while. obviously the longer they're disabled, potentially more aggressive rise in gasoline and related prices, right? >> you're absolutely right. so much of our refining capacity is in the gulf coast. 20% of it now is shut in. by the way, not because they have been damaged. they preventively shut down so they wouldn't incur damage. that is a good thing. industry responded early. they should be applauded for
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that. it's a devastating situation. our hearts and prays go to the people in the gulf and first-responders. they need energy. they need diesel fuel to get around to rescue people. they need to keep lights on in hospitals. the industry is working around the clock. goes without saying this sun precedented. neil: thank you very much, car car -- karen for the update. the economic damage can not be lost and for those outside of the hurricane zone, harvey's swath, the fact of matter you will be impacted by other items, curtailment of refineries, prices related, we'll explore investment by investment and how they're affected. how you might have to gird for higher prices down the road including utility bills. we'll get into that. there is the issue of unintended consequences when roads and cities become flooded and fires and gas explosions erupt. that seems to be happening in
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downtown houston may be the case. we don't know the source of the fire. it comes after the flooding. people suspect they will see a lot more of this. right now better part of valor to let this thing burn on. tend to people who are in literal harm's way. that building was not occupied at the time this was going on. we'll have more after this. . . . . you always pay
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neil: the. this is what happens when you have a devastating storm. anything having to do with rebuilding or building period, those issues move up. lowe's, home depot, lumber liquidators, rise smartly after a disaster like this. the question going forward here, has this become an even worse disaster because some people remained in place? you might recall there was a bit of a disconnect, texas governor abbott, advocating those in houston evacuate. the democratic mayor said that would cause more after panic and problem than it is worth so don't advocate. governor abbott i chatted in the weekend with live coverage, he takes no umbrage, political or otherwise against the mayor. not everyone heeded your call to
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evacuate though. i think the houston mayor had said that might cause problems en masse. now, were there difficulties with him that you had or what? >> no, no. the way it works in the state of texas that it is the local officials who have the authority to declare an evacuation. some made that declaration closer to where the hurricane hit. in houston there has not been a need for it. in harris county which houston is located there have been certain localized mayors that have declared evacuations, voluntary evacuations. but this is a matter to be determined at the local level. neil: really to be fair, has not been still not a lot of finger pointing made. george p. bush, texas land commissioner joining me. commissioner, very good having you back with us. what is the latest from your vantage point? how bad does this get? how far does this flooding
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spread. >> regret fully, neil, the weather situation is not helping us. we're anticipating as you mentioned more a few feet of precipitation in many areas of our state. we have 54 counties of our 254 right now declared to be disaster areas. we're still in the process of extensive search-and-rescue efforts. pretty much the full weight of the state government along with county and local leadership in these affects areas deploying as many assets as possible to the point of areas that need it the most. in addition to the extensive voluntary efforts you and your viewers have been watching over the course of the last several days. so, that is the immediate priority right now, saving as many lives as possible in an area where eight million people are under some sort of a flood advisory. neil: you know what do you do, for a lot of those people, particularly in areas now in houston expecting feet more of rain? is it almost too late to evacuate them, to wait it out?
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i mean this could go on for three or four days? what do you do? >> the specific instructions, follow the local and county emergency managers in terms of directions. a lot of that information has been put out on social media, tv, radio, any media channel that you can imagine and the coordination has been seamless in terms of the directions that have been put out to the public. for a lot of people you're watching in houston, yes, they are, told to shelter in place and a lot are going to be stranded in areas. you had talked previously with other elected officials that are stranded in their own areas. our railroad commissioner, our lieutenant governor, for example, are stuck in their own neighborhoods in the greater houston area. so, i know local officials according to the mayor's brief earlier today, said of police chief in houston said, that they're trying to attend to the tens of thousands of 9/11 calls, to the extent possible but not to give up on local and county
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authorities to initiate search-and-rescue. neil: you know a lot of people know your father, jeb bush, the former florida governor, for how he handled hurricanes. he had decent is under his watch, close to a dozen which he became very familiar. he was famous for preparing residents to not take storms lightly or to go out afterwards in floods and risk their lives and their potential rescuers lives. fair to say a good many took this storm lightly. maybe for good reason. they have seen threats, heard of threats before and maybe disregarded them. what do you think of all that? >> this is a unique storm, neil. if you go back to thursday it was considered to be a tropical storm over the yucatan peninsula. neil: that's right. >> it wasn't really tracked by many to be honest. it developed into a category 4 storm that immediately made landfall in south texas, closer to corpus christie, rockport, port aransas. what is very unique, neil it,
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traveled over central texas and proceeded to create a rain-making type event that now unfortunately works against us because the state's geology flows downward. so you have four of our major rivers are now out of their banks and, creating a lot of stress in the houston bayou system. in fact the core of engineers had to relief some of that strain in the buffalo bayou which runs through downtown houston. a confluence of many factors that make this a extremely dangerous situation. neil: commissioner, how do you think president trump is doing so far with this? this is the first emergency weather crisis under his watch? >> he is doing the right things. he accepted the governor's request for disaster relief. he will be coming to texas on tuesday. i think he is doing that in a thoughtful methodical way, not to constrain first-responders currently activated and operating right now in the greater houston area. i understand he is going down to
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the areas in which, the storm hit initially where landfall was made in texas. and so, i know, based upon the briefs that we've been getting at state operations center that the federal government has done their job. right now it comes down to excuse -- execution. you have seen amazing and heroic efforts from first-responders but voluntary efforts. texans helping texans. people coming from all over the country coming into help oust. even the "cajun navy" as it is called. neil: remarkable and very inspiring. you mentioned the president, what he has been doing here. sometimes presidents are damned if they do, damned if they don't, your uncle, george w. bush for katrina and new orleans, was originally criticized coming late. others warned him ahead of time don't come too soon you will add to the, you know the dislocation going on. so maybe, president trump will be in that same kind of no-win
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conundrum. what do you make of that and how he has to handle the visit tomorrow? >> i will leave that for the critics that will assess. there will be plenty of time for that. he probably will be criticized. us a no-win situation. but what he can do and has already done pledged available assets and resources. i know the federal government has done their part prepositioning assets to make sure we mitigate a lot of commodity shortages we anticipate in the coastal areas but also all available resources. the coast guard stepped up in terms of aerial reconnaissance and search-and-rescue missions taking place off of rooftops as we speak. neil: commissioner, real quickly, one of the things i learned make you particularly vulnerable, all the building going on in that city. i have seen it myself. cranes have been busy. 30,000 people added a year since 2010? too much so? making especially vulnerable city and land that normally
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would have sort of sucked up rain unable to do so now? >> well, i think we need a paradigm shift here in texas, frankly throughout the country in terms how we mitigate future events like this, whether dealing with flood events or storm surge. many anticipated this to be a storm surge event. we're seeing it is more of a rain-making event from the northwestern part of the state through the city. we can find that, that balance in our state. we have, between economic development on one hand and just being, living in a vulnerable area. new orleans rebuilt after katrina. their barrier system has been built to with stand a 20-foot storm surge. after this process as texans we will come together to do the same to make sure we can stem events from this happening again. neil: all right. commissioner, you've been busy. we do appreciate the time you take to speak with us, update our audience. many of whom live in texas.
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thank you, again, sir. appreciate it. >> you got it. neil: you know, we told you about these floods, all those homeowners. one in five protected right now through some sort of insurance. even that might not cover everything. but for the four out of five, does it cover anything, especially when they have no coverage at all? what happens to them, after this. it's time to rethink what's possible. rethink the experience. rethink your allergy pills. flonase sensimist allergy relief uses unique mistpro technology and helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. rethink your allergy relief. flonase sensimist. ♪
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neil: all right. just want to show you images of a little while ago vice president pence departing fema headquarters there after meeting with all of the fema top brass. of course this comes at a time when the fema acting administrator, brock long, is getting kudos what he already called a landmark event, coordinating with staff and others who were in temporary positions we might point out. but again, getting the job done to find aid to the people that need it when they need it. as harvey continues to hit
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texas, a lot of texans are finding out the hard way are not covered from the damages that are continuing to fall from the sky. tracee carrasco looking at numbers of uninsured, for the unthinkable. reporter: the insurance council of texas estimates one in five texas homeowners has flood insurance coverage which is offered almost exclusively by the federal government and sold separately from standard homeowner policies. figures from the national flood insurance program which is housed under fema show that only 15% of homes in harris county where houston is, have flood insurance. while only 20% of homes are covered in the county of nueces county and corp. russ chris at this is. -- corpus christie is located. insurance institute is estimated flood damage from harvey may actual from 2005's hurricane katrina, which so far is the costliest natural disaster in
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u.s. history. katrina caused $15 billion in damages that were paid out bit flood insurance program. there may be problems getting that money. federal authorization for the flood insurance program expires september 30th. the agency is nearly $25 billion in debt pause of past storms like hurricane katrina and sandy. so, neil, congressional action will likely be required to make sure there is enough funding for all of those people. neil: i hope so. thank you, very, very much, tracee. even if you have it, how much coverage will you get? a lot of folks coming not as much as they thought and are on their own. economically what does that mean for the neck of the words. mark hannah, insurance council spokesperson. mark, how bad would this be,
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four out of five who don't have any such coverage, how is it in flood-prone areas they were allowed not to have coverage? >> if they have their house, mortgage with the bank, the bank is going, it will be mandatory they have flood insurance. neil: right. >> because the bank will require you lose their home they want to be reimbursed. neil: seems odd they wouldn't have the coverage, the bank unless they're people paid off homes. i doubt that is the case. >> i doubt that is the case as well. neil: all right. we'll see. >> there are just a lot of people in harris county, houston. obviously a lot of people hit bit floods never been flooded before. this is a historic proportions. we have never seen houston this much underwater. river, bayous, lakes continue to rise. we have evacuations going on as we speak. the colorado and brazos rivers are cresting going higher than we have ever seen.
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a lot of people never seen floodwaters creep into their home, they are seeing it first time. neil: some latest statistics mark, colorado river could rise to 53, double its normal height. the brazos river, more than double its normal height, 15 feet. this obviously will will be a og event not only this week, when this storm sort of sticks around but well afterwards? >> well, we have insurance adjustors can't even get into the affected areas. there is no telling as you say, how many days it will be before they're able to get in there. we have floodwaters normally in texas, we have massive rainfall. it floods, it recedes within 24 hours, people are able to get into their homes, do loss mitigation. pull up carpet, take out wet furniture, with wet evacuations and get power into their house.
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we'll see water in homes and businesses for days. we'll not only seeing superficial destruction. we could see some foundation problems with homes and other things. and, i don't want to leave out the cars and trucks. we're seeing thousands of cars and trucks that are going to be submerged and submerged for a long time. we're already seeing the most of these automobile claims are going to be totaled. majority of them. so, all of this is running. insured losses alone will be very, very high. and, the uninsured, that is the number that we normally don't put a number on, that is going to be unfortunately very high as well. neil: you obviously have the complication of this water sitting there, continuing to pour down in terms of rains with this for days to come. you know much has been made in the houston area of all the building that has been going on, particularly with the oil boom since i guess 2010, 2011, some of the other industries that are
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vital and expanding in houston. too much building in retrospect? >> well, the building in the right spot. neil: right. >> if you're going to build in a floodplain, build up, okay? that is it what it is all about. buildout of harm's way. also if you have 30 or 40 inches of rainfall, it is hard to prepare for something like that. but unfortunately houston has had its more than once, it wasn't far back 2001, tropical storm allison, two feet of rainfall. that is last time i saw freeways, biways, highways submerged in 10, 15 feet of water. we're seeing it again. it looks even worse now. neil: you know, this is maybe outside of your purview, mark, i'm curious. these are the exceptions, certainly not the rule here. sporadic incidents of looting in the houston area. how do story owners, those in that neck of the woods deal with that? that is something over which
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they have little control right now, especially with no access to their stores? >> it would be hard to see even looters trying to take advantage of a situation like this when the waters are six and seven feet up inside of any type of storm, store. i think they would be steering clear of trying to steal something to that effect. i think they would be clear of the area. neil: yeah. you would think. >> i couldn't see that happening. neil: a lot of these incidents happened before floods got out of control. it says something about the resourceful few who take matters into their own hands. to make it tough for everybody else. >> we also don't want to forget about the people along the texas coast that got the brunt of the windstorm. port aransas, rockport, taft, portions of corpus christi, 130 mile-an-hour wind, a lot of buildings no longer there hit very hard. power is out and could be out for weeks if not months.
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power lines are completely gone. no cell service. just it is going to take a long time for all of that. this flooding is horrendous as well. we have two different storms have occurred and flooding continues. i just didn't want to leave out the folks along the texas coast. if this thing goes back into the coast and reignites and fires back into the beaumont, port arthur area, orange area, you know, it is just, it is a storm that doesn't want to die. neil: i'm glad glad you mentioned that as well. this was originally a category 4 storm doing a lot of damage. mark, thank you very much. >> thank you, neil. neil: the president is expected to visit texas tomorrow. we don't know exactly where. we do know he wants to get there and fast, after this. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat
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have, still sticking around town for a while. its expected to go back into the gulf later on today. already governor abbott released or called for an additional 1000 national guardsmen. i believe that brings up to 3,000 strong now sprinkled throughout the gulf area, along the gulf coast, houston, corpus christie, et cetera. we now know as well up to 7 million texans were affected by this, out of a population of 18 million in the state. we do know as well, that 316,000 are without power. another 80,000 in houston alone. so keeping you updated on that, the fact that this is going to hang around for a while, fox neat -- meteorologist adam klop on that. >> heaviest storms, we're seeing that activity in houston but real heavy stuff shift ad little farther to the east. everything in the red polygon, that is a a tornado watch.
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tornadoes have been going off all through the weekend. still, still, even though it's a bit lighter, rain is falling in houston at this hour as well. where is this thing going to go? well, let's put it into motion. there it is spinning off the texas coast, getting closer to where it made landfall and victoria, texas, and port lavaca as well. it will drift out off the coast for a little while, taking you through the overnight hours, before turning and heading back north. it will be passing houston once again of the as this happens, remember the right side of the storm that brings heaviest rain. so now the right side of the storm is all across portions of louisiana, a little bit calmer on the back side in houston area that doesn't mean the rain is totally done. there is still a lot more rain on the way. what does that look like in actuality? here you go. heavy, heavy showers along the gulf coast, slowly shifting to the east.
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the rain, neil will stick with us here for the next several days. i don't think houston totally dries off until friday. neil: adam, you mentioned if it goes back into the gulf does it have potential to restrengthen with warm waters an everything else? >> it will likely restrengthen but not back up a whole lot. it will not change it from a tropical storm to a hurricane. it picks up more moisture. and more rainfalling along the entire coast. neil: last thing they need. thank you very much, my friend. casey stegall is live in dickinson, texas, with the latest on the flooding that doesn't stop. what do you see there, neil? reporter: neil, seeing a lot water and boats and seeing a lot of devastation and heartbreak to be honest with you. when i'm standing here, listening to adam, saying all of this potential more rainfall, it may not stop until friday, i'm standing in floodwater, it goes forever it seems. you can go four miles in that direction and looks like this. you can go two miles up this
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way, it looks like that. five miles behind my camera, guy hernandez, running our camera, one of the best in the business has been standing out here with me all day. doing this, i just look, and think, where could this water go? neil, this is dickinson, texas. a small community, about 20,000 people or some it is south of houston, 27 miles, exactly, because look at the street sign over there. galveston 22 miles to the south. houston is that way. a major artery, 45, runs through the state of texas. interstate 45 northbound direction has standing water on it. you can't even get there. this is really crazy. when we're standing there doing live shots, in between, some people are driving up here saying where do we go? how do we get out of here? right now, if you're in this spot, the only way you can go
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really is south, back down towards galveston. there is no way to access houston. you have got people who were in the worst parts, now they're just trying to get out. it is heart-breaking, neil. neil: amazing. casey, thank you very much, my friend. be safe. meantime president trump is headed to texas to see all of this himself. blake burman at the white house with the latest. he is still on for this trip, blake? reporter: still on for the trip, neil. the white house hasn't said where he will go or when he is planning to go. the president is planning to go to texas tomorrow. whenever the president travels vast amount of resources comes with it, with the security. not to take security and police officers, law enforcement off the streets, away from people that need it to divert it to the president. so the texas governor greg abbott said it is unlikely that the president heads to houston. the white house will probably announce here shortly exactly where he will go.
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we can tell you first lady, melania trump will be with the president. mike pence was at fema today. one of the questions heading into this how the president might react to his first natural disaster. fema administrator earlier today, brock long, was quite complimentary for the president issuing a disaster declaration at the earliest possible point. >> the president moved in an expedited and very swift, one of the quickest time frames i have ever seen to approve the disaster declaration, so we can mobilize our resources to help. reporter: neil, long, said 450,000 people, potentially expecting that amount to end up registering as disaster victims to seek assistance. neil? neil: thank you very much, blake burman. the president due to visit this area. we don't know to blake's point exactly where but tomorrow sometime. meantime this is the problem. a lot of people heeded emergency warnings and stocked up on goods. unfortunately a lot of these
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crisis. it is not widespread. texas store customers finding out they're getting gouged. one person paying better than 90 bucks for a supply of water. stu leonard joining us right now. your point chatting during the break, a lot of these institutions forget the customers are gouging now, customers they will lose tomorrow but they do it. what do you make of that? >> every retailer you want to load up before an event like this happens. we have snowstorms up here the time. neil: connecticut, long island area, new york. >> mainly our tri-state area. neil: when event comes back up, blizzards, sandy, you prepare for it ahead of time, right? >> you try to get trail lore-loads of water, even milk. we started as a dairy store. babies, milk, bread, eggs, there are staples you want to have plenty of. you try to load up. when the storm comes, sell it at
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regular retail price. personal choice of a retailer. neil: do you put a limit on how much water or milk a customer can get? >> that is what you try to do during the catastrophic storms. neil: your shelves empty out regardless. >> they empty out. neil: in texas i wonder how they are refilled and restocked when you can't get to the access in the area? >> think how hard to get a tractor-trailer down there right now because it is flooding. hopefully everybody is stored up with enough food in their pantry to get through this tough time. neil: for a lot of folks there, who did not leave, they stocked up on a lot of these good, almost everyone did just that, what, what do you recommend they do? i mean, how do they parcel this out, deal with this? >> well, i think the best thing is planning. you know. make sure at your house, you have plenty of water. we noticed that. prestorm, events like this, people really load up on. neil: they do.
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>> oh, it is amazing. people are ready for -- neil: anything and everything. >> locked down for two weeks. neil: in a case like this, it is justifiable. often times it is not. >> losing power too. a lot of times you're losing power. you can't count on the refrigerator. and which had hurricane sandy hit us. you know which was a catastrophe. everybody was flooded. a lot of their generators got flooded. neil: it lasted a while, on for days. >> main thing planning for the storms. i know it is tough in texas right now. neil: i knew you were coming. wanted to get your thoughts, amazon, whole foods, the deal. >> haven't heard anything. neil: it is going in formal completion today. no sooner did they sign on the dotted line they have been cutting the price of a lot of goods up to 40, 50%. does that worry you? >> first of all, it is really nothing new. i mean they, they're just in the game right now. they're in there -- we've always had low prices at our store. we're competing with a lot of regional chains.
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you have the big guys in the country, walmart, kroger, albertson's. neil: how do you compete with that, 40, 50%. >> what is interesting, 100 years ago, my grandfather started delivering milk. it was 100% home delivery. 50 years later, my dad, who is watching right now by the way an loves you, but, he, he changed it over 100% retail. neil: wow. >> and now you're starting to see the pendulum swing back a little bit toward home delivery. i think this amazon whole foods thing, the one thing i think worries retail industry the most right now what is amazon going to do with the last mile? which is the most expensive to get the food from the store to your house? neil: how are they going to deliver? that is the big thing, right. >> that is what everybody is wondering. are they experts. neil: halloween, they're an event. remains to be seen whether whole
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foods will have that same allure for amazon but what do you think? >> one of the things we're focusing on at stew leonards, fresh fish. we bo right up to the docks in maine to bring the lobster in. ranchers, bakery, my sister has a bakery where everything is fresh. we opened a store in east meadow, long island, one of the best comments a customer made to me a few days ago, sensory overload. neil: make it worth the trip, right? >> have to make retailing fun today. that is how we compete against whole foods and amazon thing. neil: you do make it worth it. it's a fun place to go to. i get fat just walking in there. stew leonard, jr. fall out for texans not so lucky after this. rethink what's possible.
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neil: all right, there is more flooding on the way for houston. new evacuations ordered. san antonio the master be prepared to accept some evacuees. we don't have an exact number on that. i can pass along some stat that the likes of exxonmobil formerly shutting down the baytown refinery. it could be shut down for some time right now. i only mention that because it has the effect of keeping gas prices rising even though oil prices are declining. that phenomenon has more to do with supply and demand. very, very little supply of refined gasoline here and that is why anything that is a
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refinery shutdown or several shut down in the gold, about one out of four shutdown, maybe for days to come you can pretty much figure out the math. it is going to be prohibitive for cheaper gas prices depending on the contract today. we've got some rescues going on. better than 2000 right now in the houston area. connell mcshane with the latest on that. reporter: take him in meal. gas prices in just a moment to what we are dealing with. it is a bad situation only expected to get worse. we talk a lot about houston, not only houston, but many other areas, where casey stegall was come into parts of louisiana appeared in every sense, this is a developing story. by the numbers so far, harvey has affected some 12 million people. that is how we are kind of putting it together. the rainfall total approaching for all of last year.
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30 inches bear about the perspective in terms of good power outages. they go in and deal with in some cases. we have it somewhere around 30,000 the last update. they continue along the entire gulf coast region that was hit so hard. there has been particular focus and continues to be on houston. so much of the infrastructure in terms of the energy in and around that area, the futures have been something and last time in the first-rate started electronically, almost 7%. not as much in this area of the
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refining capacity in the u.s. they are down one and a half% generators, makes the water pumps and other equipments. that rebuilding anticipated in some of the stock price movements were so many people so far away and will throughout the week. neil: connell mcshane, thank you very much. whatever activity is stopped, rebuilding comes later and some people say the end of the watch, no pun intended here. horrific as they are with
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locales and that's one encouraging side. particularly getting even more so what is the latest? >> we are just getting hammered here again. just sitting there, moisture out of the gulf. and recovery and cleanup. literally hundreds of thousands of vehicles to clean up. and another one over here. the headline right now as we came out here this morning, this was entirely possible, this area. because of the release of the water out of those reservoirs, this has really jumped up and of
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course exacerbated by the rain it just continues to fall. we had about a one-hour break this morning and then, he began to rain again and often non-between downpour and now the rain is what we are getting. that is just terrible news because it's more water that's got to go somewhere. it's got a go somewhere and right now there is no place to go. you can see it up to my hips now. we will watch it as the reservoir release has taken place and then begins to come up slowly and we'll see how high it gets. already high enough as you can see. neil: i always wondered, how is any type of produce valuable items the folks in that area going to get in with water that deep and getting deeper fast?
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>> everything is closed except i did see kroger. the guys at kroger have open and they largely do not have perishables because people bought that out. you can still get crackers and that sort of thing, so that is a plus. but you've got to get trucks in here to do that. right now, good luck to you. neil: good luck is right. thank you free much. jeff flock, be safe. one thing that could affect everything is housing in that neck of the woods and maybe even your neck of the woods. here to explain that, the former fha commissioner. brian, a lot of people looking at what is going on in how rebuilding is to live there. what is the effect beyond fair? >> certainly, once the flood waters receded, families will be a widespread and also being sheltered. you can imagine all levels.
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i was heavily involved ad hoc after katrina and we were actually down here in houston believe it or not. what i've seen so far damage rice is significant. neil: what happens later, i was referring to that is supposed a lot even out the economic war that says against rebuilding ensues when the floodwaters die down as going to lead to a pickup in economic activity. what do you see happening? >> it is tough to say this early. we hear very often we add another 500 year flood, yet it's only 10 years later. houston got slammed with hurricane ike and rita and a large thunderstorm cell memorial day, known as memorial day flood of 2015. here we are two years later having another one. that said, there's never been
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anything looking for the flood control district maps. almost every tributary, by you, craig has been talked in your viewers can see the flooding. neil: i always wondered, there's been a great deal going on in its booming economic energy and so much else. i guess they've been adding residents since 2010. it has been virtually nonstop and a lot of the building was in areas where that's not to build. so going forward, i know this has been in new jersey and new york after seeing he appeared to revisited where they could build. do you see something like that happening in texas? >> i suspect you will see others weigh in, expressing opinion about that. at some point the water needs somewhere to runoff. it is everywhere, so does the good news bad news coming area booming for some time.
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neil: this may be slightly outside, i don't think it is. only one out of five homeowners. i don't know if that's a hard reliable number don't have flood insurance. they have mortgages to me and you have that coverage and in fact will buy it for you based on whatever you have in your loan to make sure you do. isn't not going to affect any rebuilding that goes on later on? >> well, it's certainly good according to statistics about 600,000 texans have flooded. not surprisingly 250,000 of those are the houston area. but that's 1.6 million households. some people learn in the flood planes. certainly others are. the government as we learned after hurricane katrina and others does have other tools in the toolbox for the federal housing administration and others i suspect.
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neil: be lost in there. this is not surprising given the hard weather conditions there. i'm surprised we haven't seen more of it. again, it is only coming to us now, the notion that a lot of homeowners, even though they thought they were safe even in these dangerous areas, don't have coverage, a lot of mortgage holders, a lot of banks require that you do particularly in front on areas. a lot of them do not. a lot of people delay and put off much higher premiums. they didn't have the coverage. they were required to get the coverage and now they are regretting that they do not have that coverage because right now they have the worst of both worlds. no home, no coverage, no way out. more after this. ♪
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lives. in comparison to that this is nowhere near that, but it is still quite an expensive this is going to last a while now, isn't it. >> this is going to be enough for that is going to recalculate literally all the models we have ever done in the fax a real simple. we are going to move into washington as congress returns next week and begin finalizing the appropriations process for the remaining of the last 12 bills. this is going to be a dominant theme and idea about what is going to be this cost that is associated with this. and while we won't be prepared for that right now, we know what is going to come within a few
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weeks to a month and it is going to be a devastating hit, not only on the economy, but really it is proof that we need to work together on saltiness because a huge part of the city is a huge part of our economy. neil: congressman, as you're speaking, nancy pelosi is on the wire seen a relief bill should be made available through emergency spending beyond i guess what she says we're spending right now. she goes on to say republicans and democrats must join to pass a timely effort for hurricane harvey that done that go beyond the flood insurance we see right now. i am getting the gist of her comments. what do you make of that? >> what i would make of it is no matter where the flooding is, no matter what the problem is, he needs to be tailor-made circumstance. we do need to be responsible and
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i appreciate ms. pelosi offering up the idea that we need to do this. as a matter of fact, we do need to work together and i have respect and appreciate that. with that said, this is going to take some period of time. a year and a half ago in raleigh, texas we had a difficult tornado. figuring out who had insurance, who is going to be covered and at what point the government actually needed help and what that level was, it takes several months. so, we are going to work together. i think that's pretty clear because there are a lot of republicans and democrats from the houston area. we've got to tailor what we do to the need of what is happening. it may take us until october, november to figure that out. neil: do you think this has likened the odds for infrastructure reform spending,
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because included in his initial estimate were coverage for this sort of thing. more funding for fema, more funding for building better roads, bridges and in that sort of thing. >> i'll tell you what i really think. first of all, i think what we need the most important thing that the president could do at this point is for him to finalize all of the people with which you would want to run his agencies and departments. and to formally get back to the united states senate and i know he's got a good number there, and tell the senate to prove every dad gum one of the things in the next 15 days after we get back. neil, we are looking at acting person after acting person after acting person, perhaps they're holdovers, perhaps they are waiting for the real person. we need a government that is operational, where we look at people and hold them accountable , when they say that
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they need $15 billion, we are going to hold them accountable. i do not know that we have in place right now the team that the president actually want and need to accomplish these things. i would say that is the most important thing and then for us to evaluate the infrastructure plan. but the president is after an infrastructure plan we have not seen in congress yet and we need to see the plan, did he needs a team that is going to effectively come and answer questions that congress has about that plan first. neil: congressman sessions covered thank you very much. we've mentioned president trump has planned to visit the reasoning. we don't know exactly where, exactly when. we do know he is keen on letting texans know the guy in the white house has not forgotten that. after this. poor mouth breather.
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neil: you know, this is a classic case of fallout from a storm right now but still has much in the galveston area. even those who want to use the cruise ships, for example, you can't. 20,000 cruise ship passengers but the reroute in new orleans or miami or new mexico. can you imagine calling your boss and saying to get into work, but i'm so stuck on this cruise. 20,000 that predicament. hopefully for not too long. even after a cruise of that land come you do want to get back to something resembling normalcy and that is not in this neck of the woods. meanwhile, harvey is already halting oil production. oil prices which are already to begin with. it is a fact and the availability of gas to be curtailed from that neck of the woods.
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20%, 25% comes from the golf and has been stymied for the time being. those facilities are closed and will be for quite some time. commissioner, good to have you. this could drag on a while, couldn't it? >> absolutely could. some of these refineries could be down for weeks. these are not something to just shut down and start up. i'm an engineer by background and outside they are very complex processes. we could see weeks of downtime. neil: do you know of any refineries that were directly hit by harvey when harvey was a category four storm? >> well, the refineries in the area, three of them in corpus christi and they were right in the path of the storm. but those refineries, all of these along the gulf coast are dying for those weather events. i doubt the storm, right now we
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don't believe the storm itself have any major impact. has the power outages making the plant shut down. trained to be on the energy regulated area, how does anyone or thing get out of there? talking railroad, anything. >> you are hitting on it. one issue is the plant itself. but the reasons there are so many things, one of them being workers. they are struggling to get enough employees in and out of the plant that can't get their crude oil land because they reduce capacity is. there's nowhere because they are not operating. all of those no one is forcing the plans to take the risk out of the equation by shutting the plant down. neil: it is easy to play monday morning quarterback with this stuff. a lot of the energy and a lot of these in vulnerable areas to begin with.
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i'm talking even those on land. is it yours that the state has to reassess for all the is piled up? >> no. just two weeks ago i was down in corpus christi believe it or not, which is the largest crude export in the united states. the reason all of these are along the gulf is because of the easy access to bring crude oil land and then refined products and natural gas out. you can't think of a better place even though periodically we have to do with events like this. there's something calling it the worst natural disaster in american history. it's not like this is something you plan for every dad. neil: very, very true. glad you reminded us of that. railroad commissioner. all sorts of ways to grade and marked severity of hurricanes obviously in terms of sheer numbers of people who were killed, katrina ranks that like a modern-day record holder in
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terms of 1200 lost their life. that was the follow-up flooding. but in terms of expense, this might combat. some say they go in excess of $50 billion. no way to quantify all of this. the president is expected to visit texas. we do know he's not changed his plan later in the week to talk of tax reform to north carolina republican and what he makes of developments. congressman, good to have you. >> thank you did the president wants to visit the area and there is this notion the white house is saying that we can do both. we can follow-up with these development. in fact, there is another argument. art laffer says for tax cuts all the more now. would you say? >> i do believe we are required to do both. it's almost difficult to talk about policy right now when we see the devastation. however, we have a duty to continue and lead even in times
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of crises. i believe it is sent and that the 115th congress connected with the administration will be measured by getting this tax reform done. neil: first and foremost, nancy pelosi says shore up his federal insurance program that supports people that have seen their houses under water and what have you. fortified homeowners in that area didn't have it. so what we do for them? >> is a huge problem because i would imagine. i have to look at the statistics were they weren't required, even thought they would have to have flood insurance. neil: was surprised in the houston area. i would think your mortgage holder would require it. >> you would think so. brandon houston can create those conditions. jeb hensarling, a member from texas, chairman of the financial services and happens to be in a republican steering group has played up some reforms that are
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needed are the ultimate goal is to drive somewhere privatization. right now, first and foremost, we need to managing deals with those that are hurting most. two weeks ago we saw in charlottesville, sadly to these crises we are able to see america ask him specifically texas take a lot of pride in getting things done. to determine the federal government's role in making sure we take care of these people. neil: how far should the federal government go with this? to justify more spending but the ability in others who take a rather stark approach, this is the risk you take living in risky areas. >> here's the way of look at it. if we were being financially responsible in any other area come other area come a other area, time reform cadet feeling another thanks to ben not bell curve. where $145,000 in debt per household. if we work in other areas, this wouldn't be as big of an issue. neil: with the president on
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taxing provisos to the debt ceiling, what it is a something for the wall. that is more spending on a measure that is supposed to address all the spending. >> or public can send a committee approach which i'm a member of, but not long-term specifically. neil: you like to claim that ceiling height? >> would like reforms attached to it, but not as physically spending. >> you are in the camp on this than treasury secretary the new chin -- mnuchin. >> yes, we may differ. it's been six or seven years in a row. we tell the same thing over and over again in a time of the true reforms are governing. neil: are you surprised the government has gone after fellow republicans to the degree as paul ryan, mitch mcconnell, senator corker. i could go on and on. but those who he finds have
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dropped the ball. >> he does now is talking career politician lingo. i understand that. neil: but he cited you. would that make you more or less likely to label him? >> i'm going to be honest telling him about my reasoning. having been there myself and my second term, i understand the american people longing for something outside the politicos each. i think he is right to hold our feet to the fire, but i'll say speaker ryan did a wonderful job in his townhall lane out policy. there may be no better individual in congress who can speak to the policy. what we do have to do is make sure we have a coalition building that we can get in the family promised to the american people. neil: do still think will get tax cuts on this year? >> i think we talked with kevin brady multiple times. neil: house ways and means. >> yes, correct. we are doing so. i believe there's agreement
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someone a principal at the house, senate and ministrations i'm very helpful. >> if it doesn't happen this year and mitch mcconnell dangled the possibility of what he said by the end of this congress, which means next year, that hopes could be saving for a tax cut. >> not only that, but it could be a different congress. neil: is it your view that if this doesn't happen republicans lose their majority? >> we should be held accountable. tax reform and health care. neil: you didn't get health care done. >> i hope we haven't given up on tax reform. if we believe obamacare we can't just walk away from it now. neil: do you think everyone gets a tax cut? the well-to-do don't get one. >> across the board. it doesn't mean we forget middle class. mortgage interest rate, charitable giving, deductions as well. across the board stimulates your economy. neil: you've been very patient. the president's response to what happened in charlottesville.
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then he said he equated the left with the albright in the neo-nazis that those who were against the neo-nazis. your thoughts. >> from my perspective as a pastor and had the opportunity to work in the inner cities and places like cleveland, baltimore. i cherish relationships and we are not talking at people, but talking with people and filling the historical payment with some some of those causing create. i'm proud of those relationships. neil: did the president not address that? >> i don't know from an offensive standpoint in the heat of the moment on that particular saturday we try to be quick to address it in a believe his heart sometimes might've been different than what was shared and i believed when he talked about there being potentially one both sides, from zooming out, yes. in that moment come in that situation the instigators carried tiki torches was to provoke those who may have issues with which we all should. in particular the way prejudice, white supremacy should be called
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out specifically. if you want to do with other terrorist groups and the things we've seen, do that in that time. that moment when you do, specifically the root of the problem. i believe it could have been more clear. train to very good seeing you. more updates on this. we are told it will swirl back into the gulf and could pick up steam. nothing like the category format was. we will have more after this.
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neil: will you look at that? houston right now using boats to get around. the governor asking anyone who has such a thing, the health and rescue recovery act, people stuck in their homes urge to go on their roofs. where do you bring them? san antonio taking in as many evacuees that many evacuees as they can up to 30,000. dell is considering doing the same. since deserters spread so far and wide, and there is no way of
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saying how far this goes and how many would have to be rescued in that event. gas prices are surging. oil prices are not in the man in the middle because all that stuff is traded in his neck of the woods. the chairman and ceo of cme group, terry duffy. good to have you. >> tanks coming out. appreciate it. >> i know oil trades where you are, gasoline as well, guess going one way, oil the other. can you explain that? go another 4% to 6%. oil not so much. what is happening there? >> i think what you are seeing as we know we have a pretty good oil supplied not only here in the united states, but around the world. the market clearly understands that to the problem is that's going on in texas right now is most of the refined products get in the united states in that part of the world, so we see an increase because of the production of gasoline and the people who put in their
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automobiles. that in the near term is causing the price to go. but the dti and other projects no we are guessing the volatility verge right now. neil: on to say, traders take advantage of that moment, yet when i hear exxonmobil is shutting down from a second largest in the u.s., follows on the heels of royal dutch and anadarko in some of these other facilities that they have. now i know it could go on a lot longer than they originally thought. what you think the impact of all of that is going to be? >> i think we will have some volatility impact on mac. i referenced earlier in the gasoline a percentage basis. you will probably then start to see it on the crude refined products as well. on the wti. we will start to see more volatility the longer this drags out before refiners to get back up and running. there's only so much the european refiners and producers
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can do in same with asia. now that we are finally exporting around product side of the united states, their particular issues, too. everybody's demand this kind of upside down right now globally because of what's going on in texas. neil: you know, it is so weird. i'm not trying to extrapolate from one day's worth of training, but the dollars and another 16 month lows. a lot of this was pre-what was going on with harvey and maybe a sense that tax cuts don't come to fruition or that slow down retailing comment better at reducing that amount of sales that i can only imagine it's compounded by development. what do you is happening now? >> as far as the tax? >> the dollar itself on the growing fear that tax cut will materialize or at least not as soon as expected. >> well, there's a lot of tension on what will happen in washington whether it tax policy, health care or others.
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there's been a lot of change in washington as we've seen over the last several months and now we have to wait and see what is going to happen with the tax policy. the president is to get his own party around it. as we see, the votes are very, very slim. i think they need to put infrastructure plan in place and maybe this'll be the impetus of what's going on in texas to get that done. we will have to take a wait-and-see, but the dollar will fight because we are uncertain if they'll get anything done right now. neil: this might be a catalyst to your point. i'm wondering given the shutdown of refineries and the fact they could be for a while, maybe a record while. i know katrina, some of them were out of operation for upwards of 10 days. i could be wrong on that. this is expected to potentially break the record. the longer they are shutdown, what happens? >> the longer they shut down obviously less supplied of refined products not only in the united states, but around the world.
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like i said earlier, we are intertwined as it relates to energy trade. u.s. helps europe and conversely the same equation with asia. we are all intertwined right now. the longer this drags on, the more uncertainty we will see at the refined level for automobiles, but also the crude products themselves. this is a very big deal in obviously the most important thing is the health and safety of the people in texas affected by this. his energy markets have a huge impact in everything we do in life. a lot of stocks tied to energy and so it's going to be an interesting phenomenon to see what happens. neil: i know you've heard everything. one areas affected, for example, trade interest rate and that sort of thing. but i am wondering how much is talked to the president success? he touched on the tax through in the markets want to see some success on the part of the president. maybe that's what we're waiting for. we got indications last week that there were different teams
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of whether that happened this year. how much of a worry would it be for you, just speaking as a market watcher if this tax cut doesn't materialize this year? >> well, i think you have to put them into context on the market is pricing a little bit. it may not happen this year. that is okay. i think as long as his agenda on tax reform eventually get done. it doesn't get done this year, i don't think it's the end of the world in the markets are showing you that. we didn't get the health care reform through and now we are on the tax issue. i don't put the end of the year is a timeline for this. i think you have to get into sometime next year before you start to really throw the red flag can turn up on the tax dollars see. neil: it sounds like you are convinced you the next year it's going to happen. >> i'm not convinced it's going to happen to be honest with you. these are very complicated issues.
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the corporate tax, if you look at the corporate tax, roughly $400 billion roughly $3 trillion collect it in personal income tax. you can see where the corporate income tax if you were to address that issue could be a huge growth driver for businesses and employees around the world that have bigger tax base is and at the same time grow united states businesses. i hope they would at least address the corporate tax issue. trade you hope springs eternal as they say. thanks for taking the time. appreciate it. terry duffy as the cme group chairman. so much is traded under his watch. a good bellwether for the overall economy and they've been busy bear appeared in the the meantime, houston homeowner just lost her entire house to flooding. she is not alone. ♪
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you can barely see the roof line. in fact, at all. lisa wold lundquist joins us right now. i can't believe your beautiful home and now it's underwater. how are you holding up? >> barely. this has just been surreal. it is devastating. i still can barely wrap my head around with going on. neil: that had to be a pretty quick flooding. i would assume you are at a flood zone, an area prone to this sort of thing, but never like this. the mac now, nothing other like this. water on the street certainly water in her driveway, but water in our house, no. neil: do you have flood insurance, lisa? >> we do. but that is not seen a whole lot for what i've been told we are going to get.
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neil: it looks like a very pricey homecoming beautiful home. the flood insurance would not cover the price of that home i imagine? >> no, no, we were just told last night to add more to her troubles at the money that we should get is less than a quarter of even the value of our home. neil: did you know that when you were paying premiums for that flood insurance? >> know, had no idea. had no idea. neil: does it require such insurance? >> yes, we got everything we were told to get. we live in a 500 year plus playing in 100 year plus playing and we were told this is the insurance to get and it's not cheap and we have been painted every month and then to be told when something like this happen that we are going to get less than a quarter of what we thought we were going to get. it is horrible.
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it is just absolutely horrible. neil: when you were -- when were you told you would get a quarter of what you thought? >> last night we got a call from the insurance broker, said she was moving quickly on this, knows that we lost our whole house. she even said i have good news for you. you are going to get the maximum amount. i'm going gray. when she told me the map them on the amount is less than a quarter of what our home cost, i am going -- i had to hand the phone over to my house then. i just couldn't even believe she was telling me that. neil: what is the maximum amount? the mac it is $250,000. neil: that is obviously a million dollars home about. what are you going to do with the other $750,000? >> that is what we are trying to figure out. that is what we are trying to
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figure out. we just put the money into our house to fix it up, thinking about moving because we are almost empty-nesters and wanted to downsize. now, we have no idea what we are going to do. neil: where are you now, lisa? >> we were fortunate enough to have some friends that have taken us into their home in the height and weight are here with my 12-year-old son and our two dogs and we have a dry place with power and i'm thankful for that and for them. they just been wonderful. this is temporary. i don't know where we are going to go after what we are going to do. neil: i am just surprised that your bank would allow limited insurance because it is their
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obligation as well now. >> yes. we have got to figure out what we are going to do. you know, who is going to help us? we call and we are like you put us in a hotel, some are temporary? you have to figure that out. we are thinking how are we going to clean this stuff up? things that we were able to rush to her attic to try to save, pictures, baby books, things that my children made me coming in now, rushing up to the attic to see if maybe that little section of the house doesn't get water in it. we can't get to our house. my brother-in-law -- my brother, my sister-in-law called. they are connected to team rubicon and i am hearing that they may be coming down. jake would as a family connection of mine.
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lot more floodwaters coming, another three feet worth. we'll get an update from governor greg abbott in the next hour. he may be joined by senators john cornyn and ted cruz in corpus christie. the president expected to visit the area tomorrow. trish regan you have a busy hour. trish: indeed we do, neil. we'll have an update on tropical storm harvey and update from texas governor greg abbott. we'll bring it to you as soon as it happens as harvey dumps 20 inches of rain in the hewn r houston area, leaving thousands of people stranded, roads completely impassable. forecasters are saying more rain, possibly another 20 inches on the way to houston. i'm trish regan, this is "the intelligence report. devastating sight in the nation's fourth largest city,
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