my boss, the secretary of the senate, frank valero, other people applied for the job and so maybe i had little leg up. he said to do what ever it is that historians do, but do its part got smart. i stole a lot of library files. there were more than happy to turn those over to me. the senate library was the only source of historical information for the 20th century prior to that time. the librarians were a creative bunch, but there were happy to see an office created for historians to take on the burden. >> your last day? >> august 31. >> how many days was that? >>i found something i never kne. i am not sure anybody made a big deal out of it. we were a compatriot in the senate office. he told him about, and i am not sure if you know this story, the sam ervin verses ted kennedy story. you know that story? >> i do. when watergate first became evident as a scandal in 1973, senator edward kennedy realized this was going to be big and that the senate, with its longstanding traditions, should set up an investigative committee to get to the bottom of what nixon was doing. the senate majority le

economy turned is gas demand is climbing, which is amazing and i thought it would be declining and valero is a gas refiner and, the spread is wide and demand rises, with a double dip reserves it is a good pick. >> john. >> roger federer will blow the u.s. open and major u.s. majored and nike, we

valero is up 6% so far this session. >> good news regarding americans' bottom line.s out with a report saying household network jumped by $2 trillion in the second quarter, first gain in nearly two years. >> general electric, the parent company of this network trading lower today after what has been a stellar run. will we see a spinoff involving ge's nbc universal unit? david faber has the story. >> fresh 52-week highs today, silicon valley bureau chief jim gold man has a closer look at what has been a pretty good tech rally to this point, jim. >> to say the least, bill. tech was the first sector into the recession and would likely be the first sector out. a breakout like this is taking everyone by surprise. apple grabbing lots of headlines and for good season. key fundamentals beginning to click. the aps store and the 1.5 billion downloads, more than a couple of billion dollars in revenue by some estimates. smimts that apple will see its best mac sales ever. new ipods coming for the holidays. apple blew through a 52-week high. google is knocking up against 500 bucks

look within the refiners and you'll see valero, the biggest single-day move we've seen this year. really since back in december. there you go. the mule story. back to you. >> all right. matt nesto, thank you. >>> up next, we're back with the closing down jount. >>> after the closing bell, senator olympia snowe tells us what it will take her to sign on to health care reform. she's with us at 4:00 p.m. eastern.

refiners though taken off, valero up 12% since friday and today was its biggest intraday move higher you've been following. >> a great segue with what richard was talking about when you look at sectors, industry, they were priced for armageddon. guy adami and jon najarian all over the hotel story. look at the refiners clearly priced for armageddon. beginning to be unwound right now. the refining space is somewhere that you want to look at. margins are beginning to improve in both distillates and reformulated gasoline. reform latesed gasoline if you look the at energy complex, reformulated gasoline is the best-performing energy right flow. it may be a little bit of a head scratcher, not so much. refiners through the end of the year may be just the best energy player. >> and that's an area where we've seen incredible amount of option activity. last couple of weeks frontier oil a week or so ago that stock's shot to the moon and today it was western refining. incredible option activity out there today. as a matter of fact pushing off to december. a stock that's lagged the rest of the ref

my boss, the secretary of the senate, frank valero, other people applied for the job and so maybe i had a little leg up. he said to do whatever it is that historians do, but do it smart. i stole a lot of library files. there were more than happy to turn those over to me. the senate library was the only source of historical information for the 20th century prior to that time. the librarians were a creative bunch, but there were happy to see an office created for historians to take on the burden. >> your last day? >> august 31. >> how many days was that? i found something i never knew. i am not sure anybody made a big deal out of it. we were a compatriot in the senate office. he told him about, and i am not sure if you know this story, the sam ervin verses ted kennedy story. you know that story? >> i do. when watergate first became evident as a scandal in 1973, senator edward kennedy realized this was going to be big and that the senate, with its longstanding traditions, should set up an investigative committee to get to the bottom of what nixon was doing. the senate majority leader also

waxman-markey would cost valer valero $300 million or more per year.today that company's profits are $40 million a year that the refinery. we have two big ser computers at the oak ridge national laboratory in part because o our abund ens of low-cost electricity. just one of those machines consumes megawatts, nationwide computers use 5% of our electricity. it's still growing much our governor has attracted two manufacturing plants to make polysilicon for solar cells. these are the green jobs everyone loves to talk about. but each of those plants use 120 megawatts of electricity. if they're going to make affordable solar cells, they can't pay high electric costs. one-third of the auto job are in auto manufacturing, auto manufacturing watches their electricity costs, if they go up too much, they will make auto parts in mexico and japan instead of tennessee and michigan. last december 10% of nashlleians, even with the relatively low residential rates said that they couldn't afford to pay for their electric bills. let's step back and ask: what kind of ameri