gee how do you think this might impact the energy industry u.s. energy and industry you cover this a lot or you know the kill baited an excellent point there when you're looking at oil let's bring up a graph right away give you a good idea of where the u.s. stands here look the u.s. when it comes to oil exports has has grown exponentially it's beat out saudi arabia as number two in the past couple of years we've seen this energy industry just sort and when you're talking about china this is according to shipping data from thomas reuters i can us crew to get this this these are huge numbers crude oil shipments to china have soared in value recently jumping from just one hundred million per year per month i should say in early two thousand and seventeen we're looking at a billion dollars per month now that's huge oil industry has already been hit here we're seeing stocks of exxon going down from last friday for of chevron and just think now you're going to have russia and the saudis open up those pumps a little bit more they're going to open their taps oil prices are going to go down this is not what the u.s.

wanted to see and china has other people to fill the gap yes they do and one of those countries happens to be you ran and you know that's going to get under mr dong trump skin for sure but we appreciate so much you guys taking time we're better informed because the arctic correspondents alex my highly bitch and caleb bop and thank you both for your time thank you. and time now for a quick pause for the promotional cause but hang here because when we return we'll talk with the c.e.o. of zappa dot org spannaus plus lauren fix the car coach is back and we'll get up to speed on the auto industry news including tesla that some say turned into a flame thrower you heard correctly as we go to break here the numbers at the closing bell mixed day on the stock at this point is notably up four percent for the day as we went to air above sixty seven hundred dollars we'll be right back.

i can imagine. i don't know i wasn't there but i can imagine a russia defending its national interests in a way that doesn't help the hawks in the united states but couldn't has this image of such a hard guy. and i would only blame him for not caring about american public opinion anymore because it seems like no matter what he does there's an unfair response number less what i'm saying is it's gotten very personal. as he should be. one of the people so can be and what because. this mean what i mean i won't be. but that's mostly.

what i was was a. double movement. in school i'm. only in the spirit in the reasons other than saying oh well what's musical blood coming from the. winter with a mint oh is that. and then i've known you moved. here michel i. diminish

and then. to have you back a year and a day after amazon acquired luxury and specialty food retailer whole food it's clear the formation of that critical leverage point for amazon to infiltrate brick and mortar grocery sales is reshaping those sectors specifically it pushed established players to find a powerful tech ally in the name of google google's new program shopping actions will promote certain retailers in exchange for a skim from the sales receipts target wal-mart home depot cosco wholesale and ultra beauty incorporated have announced as ben being partners google says the program was conceived as a response to countless google queries of where can i buy this which tend to end

sooner or later in an amazon purchase meanwhile amazon has moved as expected to offer a ten percent discount on certain sale items and other special deals at whole foods for paid subscribers to amazon prime while only a small fraction of items will ever be on discount at the same time the program may increase foot traffic in those stores and create an impression that prices have come down at whole foods which is sarcastically been tagged by some as whole paycheck the stigma of a reputation for high prices has been noted as a significant barrier to growth at whole foods. krypto back hedge funds are seeing disappointing returns on their investment according to the firm hedge fund research global hedge fund invested in crypto currencies have in fact seen a negative return that this comes on the heels of bitcoin losing more than half of its value in less than a year with a market cap dropping from three hundred billion to one hundred billion dollars a

recent string of high profile hacks hasn't helped ease. additionally a recent report from the bank of international settlements or b i yes said that crypto currencies are more likely to suffer trust and efficiency breakdowns on top of that the swiss based group pointed that most people aren't treating crypto currencies like money instead of holding them and using them more like speculative investments on that topic we now turn to crypto xin are pleased to be joined by nick spannaus the c.e.o. of zap dot org and a pioneer of bitcoin and blocking technology nick we're so pleased that you would join us we appreciate it spending some time with us as someone who saw a lot of this from the beginning where do you think we are in the development of crypto currencies overall or the way to be thanks for having me by the way i think we're right at the beginning i mean. we're so early i think it's like the wheel was just invented and. it's rolling downhill and world cave people and the we're

laughing that we see it roll down the hill but we haven't seen the new innovations that are to come you know the bicycle the car the airplane the the steam. mill of the steam motor you know the steam engine i'm sorry of all these things that come where in the flintstones or we're headed to the jetsons of that's a great analogy i love that i may steal it from you so what do you think are the things that kryptos have to do the people that are involved in this space to be more widely accepted and how does you know put my former regulatory had on this how does regulation play into more acceptance in the crypt of the crypto world. well. you know it's going to happen it's happening as we speak adoption is occurring. in the gym geometrical of a geometrical rate there's no stopping it. companies are creating their own cryptocurrency their own tokens and tokenize in the service is their computation

power their ability to store. information and people are purchasing these these tokens and. being part of the ecosystem in addition all the people that are. out in the but that have not been banked in the past have a way to be bank now there's three billion plus people that don't have a bank account and it cannot be part of the worldwide economy but as cryptocurrency becomes more prevalent in those areas and pervasive in those areas all you have to do is drop a android phone in the in the village and all the sudden they can get a crypto loans to to buy more farm equipment buy more seeds and they can be part of the world economy even maybe the kid knows how to code and get paid in the currency and it's just growing like wildfire there's no stopping in.

you know i mean i'm a former regulator and i believe that they that we need some basic not overzealous certainly don't want to for innovation some basic regulation but not everybody agrees and that's ok i think if there's something there that people can have some confidence in deregulation it will help but do you agree or no. well yeah you know . regulation has its place of course with crypto currencies the transparency. level is so high in comparison to what we've what we have now what we've had before that you know it's a better for regulators because the currency so transparent the blocks are as transparent immutable no we can go back and change a fix the books from in the past so i believe it's better for regulators let me ask you we reported last week about william shatner captain kirk from star trek getting involved in the crypto space and and we've seen snoop dog and dennis rodman and

some other celebrities get involved in it did these celebrity endorsements help or are they somewhat a distraction and make it seem like crypto currencies maybe are as seriously as i think you and i both think they should be well of course because of the currency in the economics of sirius and taken a world by storm and well sometimes maybe some entities. need a celebrity to get their technology out this people can actually go down and read the white paper and see what the technology does and but i think better strategic alliances with the corporate partners of people that have more ability is such as. mr sean combs who's a part of our efforts he. you know he's a businessman just yesterday who was rated top one hundred smartest business people in the world by forbes so there's little difference in what someone would determine as just only a celebrity endorsement if you have

a strategic partnership with someone who. you know understands business and the business world that's even better i think captain kirk says to get involved in something i am certainly going to pay attention and i'm glad he is quote unquote beamed into this space at an expanded to c.e.o. of sap dot org thank you so much for your time nick hope you come back here we were boldly going where no man has gone before excellent thank you sir take care thank you. and earlier today the c.e.o. of car maker audi was arrested arrested related to the ongoing scandal that started with volkswagen over emissions cheating devices installed on their vehicle audi as part of the v.w. group this makes rupert stadler the audi c.e.o. the highest ranking v.w. group employee to be detained related to the scandal he was reportedly taken into custody in order to ensure that there was no witness tampering connected with the

ongoing investigations according to c.n.n. money the news comes days after german regulators issued a one point two billion dollars fine for emissions cheating that fine in addition to the already more than thirty billion dollars that v.w. has already paid seem to be something that people are taking note about and here to talk about audi and the other auto industry news in this story jammed up stories that are jammed up is car coach lauren fix lauren thanks as always for taking time to b.s. with us what's your take on that arrest. well we kind of thought to be somebody to be arrested researcher was v.w. group or is going to be staff from audi but the fact is these engines are all volkswagen engine so someone from volkswagen in their engineering department is obviously not the only one's going to take the fall they've been trying to protect upper management because they're not the ones making the final decisions that we know of so this is going to be interesting as it all unfolds but the fact is they cheated diesel does work if you use what's called add blue which is an additive in

the exhaust made of your rio and then it does make it better for the emissions for the environment however when you cheat the system you pay the price and this is the price that volkswagen and all of their subsidiaries are going to pay more and do you think that diesel autos not the truck fleets true but do you think that we're really you know moving beyond diesel in regular gasoline or are they still going to be around. no diesel is still here as a matter of fact jaguar land rover is a full lineup of diesel products and i'm actually testing a jaguar f. pace diesel right now which i totally love general motors has got a full lineup of diesels coming in mazda's got diesel coming in hyundai's got diesel coming in so and diesel trucks are very popular as well and the smaller the f one fifty in the ram and the chevy silverado so i don't believe that diesels going to go away i think the answer is going to be mixture of solutions to paint on where you live i just drove the jaguar i place which is all plug in doesn't make

sense in the middle of the country and may make sense on the edges of the country where there's an infrastructure so again it depends on your needs your driving style and of course there's a cost involved too and then we don't know the impact to the environment down the road some people just don't want them to go lauren we reported recently on how a c.e.o. that you love to hate maybe i should say to you on must that has flamed i don't know on personal i know i'm talking in cheek but he reported about his flame throwers that were selling so incredibly but now that is news that they are as you might expect being incorrectly used for things like barbecuing food of all things but in a weird twist the tesla car company is now investigating that car is catching on fire the actress mary mccormick posted a video showing her husband michael maurice's tesla model s. suddenly catching fire on a busy los angeles street and it looks like there's a need that what do you make of all this while on the flame throwers i should tell

you anyone that ordered one and a friend of mine did you have to pick them up because they can't be shipped because it's compressed so it's from press gas and so that was an absolute no go in the end all those flame throwers he supposedly sold didn't sell but as far as that car was parked in santa monica the car caught fire and oddly i was just having this conversation with someone about the fact this reminds me of battery one two three which was the battery company that supplied batteries to fisker fisker was a predecessor of tesla it was put together by rick fisker who is a. powered and battery powered the car company died because of the fact these batteries were catching fire in people's homes here we are getting what an odd coincidence that now we've got cars catching fire this is not the only one when the national traffic transportation safety board is now involved and they're overlooking this again we have a problem the reason is the batteries are cooled by ethylene glycol that material

is highly flammable so when you heat up one cell that coolant that's supposed to keep it cool heats up the cell next to it and it causes a chain reaction so it's not like a fire that burns out it just keeps heating the next cell so it's a long term burn which causes firefighters to be very concerned where they think they control the fire it comes back and that's why you're seeing what you're seeing is that it's a chain reaction of battery cells catching fire so interestingly real quick we've only got about forty five seconds but tyo does their shipment from japan to the u.s. increased by twenty two percent in april and i was surprised at the camry has been replaced by the rav four as the most popular toilet vehicle the u.s. but will that large import increase united states make the automakers a target of the trump administration's trade tariffs and sanctions that we've been talking about on the show all the time. we have to remember a lot of these vehicles are built from toyota and honda nissan here in the u.s. even volvo is opening

a plant in south carolina and wednesday and so everyone's going to build here in the u.s. and that's what's going to cause more products being used here to be built here and until that tariff balances out and we don't know what the results of that are going to be right now it's you know they're playing this negotiation game back and forth we're all in limbo i remain you facts are just going to try and build as much as they can here for this industry for this area for north america and we'll see what the results are in on the end but right now the red ford does not surprise me it's a very popular crossover lauren were fresh out of time but thank you so much for being with us lauren fix the car coach and the president of the north american car utility and truck of the year old ward thanks for being with us lauren. thank you and that's it for now catches it boom bust slash r t c n n.

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get a phone you know. what was the last time you went on the internet no i'm not using these village is it safe to say. are you sure there is no actual music stirs there and they are all going to be sure the baby doesn't love the his that is the. person or the woman only he. is the devil as part of that was a given day. it was worth the risk. free risk. yes they are being fall in love where he is the member of this is like. let's.

say. day five of the world cup was an action packed with in one pulling off a last minute two one win over tunisia peter all right was there watch the game of . relief aid would get me to english guns if they take over the picture here in vogue a dress a relief to begin to help reduce that stream away from the magnificent told her daughter rita behind me. the other group she game earlier in sochi saw belgium crush panama. hello and welcome to our

special coverage of the world cup underway in russia england have beaten two new set and volgograd but it was far from easy for them it took until the ninety first minute with kerry came to england sealing the way we've been keeping an eye on the game with our co-host former denmark and manchester united goalkeeper peter schmeichel joined by our team as you know neil. peter it was a nervy time england versus chinese here daryn involved we were watching it first half they missed a lot of chances second half they didn't actually create many but got there in the end yeah they got the end and. i feel very very happy for the england boys because if they hadn't got there the next couple of days would have been terrible for them they would have been crucified by the had that the prettiest meeting and i'm not sure that they kind of go completely free the second half was awful the way they played the second half it's not. it's not promising grade four for the next couple

of games in the tournament but in the first half as you said they created so many chances god on his own had four chances he scored as to the score an awful. hurricane as i said the half time now it's a one guy you need to you think they need to fall for him if the chances falls for him they did and then he scores one of the things that of course we've seen in this world cup are the big guns not quite doing it again and did it they labored to a two one win but that got three points on the board that cannot be said for argentina it can't be said for brazil as a lot of other teams so when you put down in the context it's a good win it's a very good win because at the end of the day it's all about get three points and send yourself up in the group so when you win the first cooking you have three points already which means when new play the next game in this case then when they play a pantomime the next game they play that denise and. then. of course i think they

could be kind of on the evidence of how panama played today and did not very simply have to play every day and then it's not not a great team absolutely not but it just sets you up in a different way maybe kara southcott could play one or two of the players that was working for him today. if you if you imagine the. having won today and and this then becomes a must win game against panama then maybe he's not brave enough to do these changes so now he has an opportunity but one man he did do what he was on the field to do was hurricane of tottenham let's take a look at his first goal in the eleventh minute at peter no messing around here no no this is actually a fixer for say five percent but the harry kane is in the right spot he's the understands how you know you know how this situation is developing and he's in the exactly that spot because he is that good. a little bit of criticism for the goalkeeper or not are just a good save and from the first place you and i you know you see it is slow get it

out of the six yard box up but just the fact that you've got to wait until radical i mean this is an unbelievable say and when you make it unbelievable safe like that you hope that is one of you to find this a ball falls i mean he could have done anything other than that i think unfortunately for him it was is his last involvement in the game because in an incident a couple of minutes before he got injured he got a shoulder injury and had to give up and come off the page at what happened after about thirty five minutes into it came in and found not happy at all a penalty given away kyle walker i'm not quite sure what he was doing no but. it was a penance it does there's no doubt about that yes it's a beer. in the ring. for. somebody with yeah when you're off i truly dispatched. and i think it's a really really take and wait wait wait wait he's letting you go people make the first move and then he puts it in the phone and that was really training for

a friend and it was one one and you think you know what's going on here you know this is not the will of this us is go that it's not this is not the way it's supposed to be supposed to be four five and up at this point and it's one one so both both of the england goal comes off a corner. and both of them are. had it on all in the first case from the from harry mcguire. so harry came again finds himself in the right spot so you can see harry mcquire eyes as he had supposed and that's how it came across with ninety minutes and thirty seconds captain of the team captain of that scene and this is the definition of a big player when we talk about the big guns the one said that really rules football world then we talk about players like christiane oh no the harry k. that what is needed for the team they turn up with the goods. very impressive very

impressive with very impressed with how it came as a. enormous responsibility on his shoulders to not only score the goals but also lead the team and he's not going noisy by the way here behind us if we don't hear them the drums are starting so this this was a massive game for him and in many ways i would think the carousel skate the england manager was musing about playing him he knew the quality off him but is he ready to play in the world cup and today's show and then one their game volgograd peter all over is done there for us peter just when we found it was over a last minute winner how delighting in funds where you are. relief which is i think as we can now see it's tended to happiness people are very very pleased certainly england fans very pleased with that when it's reflected in the scenes we've seen here in belgrade the largest body of english found the loudest crowd of english fans was right behind that goal it's behind the goal way hurricane school that went

on in that ninety minutes amazing amazing feat amazing experience. i spoke with all the side to get out of emotional games. as well you never know it's going to go so great to score early and then say really well we don't want you to i'm looking with a tiny awful ministers. about coming down to believe and they made it difficult to talk to him but. we thought we deserved it and we cried a lot on another day but we couldn't through for there what we all work or just america for a noble final finish. but if we play that more than it will become to do well they're great at second performance great defensive performance as well with the panic of a second off we never look like considering the number. we would have to play it was worth it it's a big game for ourselves big for months. to come along and i want it to stay you want to start fast when you leave important to start. and i said we we should really be a lot of clinical. with you mr somebody you don't really get to play chances you

know welcome to games specially and so tight edgy pressure on. really start really well and the family was a little bit less fortunate maybe not just down a peg or two for a few minutes but for some great resilience in the end this was a game they knew what they were going to win many of the england fans i think they felt they deserved to win it as things started not to go as well as perhaps they would have wanted there was chances they didn't go when you felt that in the crowd you felt the atmosphere drop a little bit it became a little bit more tentative good. nods can we go to you like it when fans yet there we go what's it been like hope you found the i was going to head off and say we're not bush up to sure we decided to come we came in and we just found people to be super friendly a lot of challenges that was hyped up in the press haven't happened and yet which is good so we continue to go all because good win tonight and what you see what we get on sunday ice great you know aggression and england france france yeah it's

indeed where we are again you know it's a football brand new stadium fantastic atmosphere fantastic people. have decided to these events have been very impressive very large very vocal they will be a group to watch through this tournament the attitude of their funds who i think has been absolutely. really well it being here when with you and who are really very sort of rotary there to los mark know hopefully the second helping of the second game finished illiteracy is i think your best to look see it underneath before the game the hard being that british media reports other media reports about a plague a fly in volgograd which a trend to the strip the game for players and also found so like how bad was the during the day absolutely horrific you know during the day horrible i was swarmed with them i went for a room this morning and when i washed up when i went in the shower afterwards i think i washed about two or three thousand of them out of my head they died out in the evening thankfully i don't think they played any part in the game but during

the daytime games in both the crowds they could well be so little watch out. donna paid not say that's the game in the next time paloma had expected to win but then it's all about belgium yeah and this is what we're going to show down a minute because belgium didn't start the best but they came out on top white easily in the end and i'm not the best team have to settle a few times. belgium they did what i had to do today they beat them three nil. looks comfortable at the end but i think they belgium didn't play well but then again both of them are one of the dark horses one of the maybe favorites to win this tournament people in general think that they have a fantastic squad and it's not about peaking and playing your best game in the first the first time i was forced to face one kneel down and switching here and you know that you know those kind of goals we haven't seen overnight that many of that caliber we saw once it.