thomas o'donnell, worries about recent gas price trends. even a storage is full. ah, that will last only about 2 and a half months in the heating season. so end of december, sometime if there's depends on how cold is we could use it a very fast, then you're going to have a situation where there's simply not enough. you can't import as much energy as used to come through the pipelines for russia. so. ready it's going to be rationing . the big question is, what's the lowest temperature we can stand in the winter time. it's obvious. the cooler the room temperature, the bigger the savings. my wife has found another way to save around 20 euros per month. we have to switch the net and again my name again is sent one within 9 months. i don't feel poor, but it's frustrating because nobody knows when this crisis would come to an end and thats herself for more checkout d, w dot com slash business and the d. w. news. youtube channel were also on facebook for me and the business team here in berlin. thank you so much for watching. ah ah, with a pulse, a beginning of a story t

and let's get more on this now with energy analyst, thomas o'donnell. thank you very much for joining us. tom. people may find this decision a bit baffling, right? the world is struggling due to high energy prices, and now opec is just cutting or a 100000 barrels a day, which is a small amount. but why are they doing it at all? well, thanks for having me tonight. ah, it's pretty symbolic. just like a 100000 the other direction. i recently was also fairly symbolic. you know, i think it's actually in a way it's good news for everybody president by tweeted a couple of days ago that gasoline price is the united states id decline for 82 consecutive days. you know, the price is down considerably, and this is not such a big problem right now. and, you know, opec is worried that there could be recession in europe in the united states and look, china is demand is way down. so they, you know, they're worried about over supplying the market and putting the price. that is not a bad situation, especially if we're going to be taking all the russian seaborne oil off t

thomas o'donnell, worries about recent gas price trends. even if storage is full. ah, that will last only about 2 and a half months in the heating season. so end of december, sometime if there's depends on how cold is we could use it a very fast, then you can have a situation where there's simply not enough. you can import as much energy as used to come through the pipelines for russia. so. ready it's going to be rationing. the big question is, what's the low temperature we can stand in the winter time. it's obvious. the cooler the room temperature, the bigger the savings. my wife has found another way to save around 20 euros per month. we have to switch to natalie again and again. it's not one in 9 months. i don't feel poor, but it's frustrating because nobody knows when the crisis would come to an end. that's over main. the business, steam hand, berlin from old. you had over to the d t o e news youtube channel. you can actually check out our latest data we business. special asking is europe d industrialized by ah, what's making the headlights and what's behind th

as brian thomas o'donnell, he's electra at has his school of governance and joins us from berlin. thanks very much for being with us. so as i am on the line is proposing a cap on extraordinary profits. can you tell us more about what this actually means? yes, well thanks for having me. in this case, i mean, she couldn't quite straightforward. what on us they would call windfall the problem that the u. s. and they've been talking about is the wing between the price of natural gas and the price of electricity. so what happens in the you or anywhere is you burn all the your, you take all the renewables, you take all the. busy cool, and then what you do is you take the highest price. if you need more electricity, you buy the highest price of fuel. and right now that natural gas is tournament, we. hi. so that pushes up the price of all the electricity. so all those companies get that high price, that's called grants, it's a windfall. and they want to take that away from the companies, you know, especially nuclear and renewable, take it away and distribute that to consumers who have to

let's get more from berlin based energy analyst dr thomas o'donnell., thank you for having _ government doing this now? well, thank you for having me. - government doing this now? well, thank you for having me. why - government doing this now? -ii thank you for having me. why are they doing it now? well, to prevent a collapse. the price of gas has gotten so high for these companies, and they had depended on, as your storyjust laid out very clearly, they had depended on the russians when they said they would be dependable, that they always would be, that they would never mess with germany. that gas is not coming through the pipeline, they are buying gas now on the market at a very high price and they can't afford it. they are using like something like a a day, uniper. so they gave uniper something like 15 billion. they had to try to provide liquidity, but it's not too far. they have to take over the companies, nationalise them and use state funds. ~ ., companies, nationalise them and use state funds-— companies, nationalise them and use state funds. wha

ask your doctor about jardiance. >> o'donnell: ginni thomas, the wife of supreme court justice clarence2020 election fraud claims today when she was interviewed by the committee investigating the january 6th attack on the capitol. the committee wanted to ask the conservative activist about her communications with former white house chief of staff mark meadows and the lawyer who drafted plans for keeping then president trump in office after he lost the election. thomas said she wanted to clear up any misconceptions. well, the u.s. economy got a bad report card today showing a second straight quarter of economic contraction. mortgage rates surged for the 6th week in a row, moving closer to 7 percent on a 30 year fixed that is actually the highest level in 15 years. all three major stock indices were down today. u.s. stocks have lost more than 20% of their value this year. all right, coming up next, the biden administration accuses vladimir putin of another attempt at a land grab in ukraine. ukraine. before breztri, i was stuck in the past. i still had bad days, flare-ups, which kept me fr

o'donnell. good evening lawrence >> good evening, alex, our first guest tonight is congressman adam schiff, ginni thomas6th committee today. he's a member of the committee. so this is going to be a little bit like those tooth pulling interviews where i am trying to get him to answer questions about what was said in the committee and he doesn't want to violate committee confidentiality. so he's very good at delivering an answer. he doesn't violate the committee confidentiality. >> they don't call him shifty schiff for nothing. >> that's right. >> i'm kidding. if there is anyone who can do a tooth pulling interview with grace and charm, it's you, lawrence. and i chose that you will get to the bottom of what the wife of clarence thomas, at the elections and, i said then. we will try. >> i will try with congressman schiff. and -- i saw your discussion of it, alex, and i am going to try -- i have a different take, and i am prepared to be talked out of this by

o'donnell. good evening lawrence r the last good evening. our first guest is congressman adam schiff. ginni thomase is a member of the committee so, this will be, i think, a bit like one of those tooth pulling interviews. i am trying to get him to answer a question about what was said on the committee, and he doesn't want to violate committee confidentiality, so he is quite good at, still, delivering an answer that doesn't violate the committee confidentiality. but, i do want the audience -- >> zero column shifty shift for nothing. no just kidding, only one person calls on that. if anyone can do a tooth polling interv

o'donnell. good evening lawrence r the last good evening. our first guest is congressman adam schiff. ginni thomas testified to the january six committee today, he is a member of the committee so, this will be, i think, a bit like one of those tooth pulling interviews. i am trying to get him to answer a question about what was said on the committee, and he doesn't want to violate committee confidentiality, so he is quite good at, still, delivering an answer that doesn't violate the committee confidentiality. but, i do want the audience -- >> zero column shifty shift for nothing. no just kidding, only one person calls on that. if anyone can do a tooth polling interview with grace, and charm, it is you, lawrence. i trust you will get to them of, what the wife of clarence thomas, the activists, an election denier, ginni thomas, said in those four walls. >> we might not but we are going to try. we will do the best we can with congressman schiff, and then andrew weissmann will join us with the latest ruling of judge today. i saw the discussion of, it alex, and i want to try a different take. i am prepa

o'donnell. good evening. lawrence good evening alex, that'll be the seventh general assembly of the united nations meeting. we have the united states ambassador to the united nations joining us, linda thomas normal world, she would be the lead guest for the first half hour of the show. it's a very big deal having the un ambassador here, but we also have a ron kaine we may have heard of, white house chief of staff. and the man of the hour, the day, the week and possibly some weeks to come, geoffrey berman is going to lead us off.

o'donnell. good evening. lawrence good evening alex, that'll be the seventh seventh general assembly of the united nations meeting. we have the united states ambassador to the united nations joining us, linda thomas

o'donnell. good evening. lawrence good evening alex, that'll be the seventh general assembly of the united nations meeting. we have the united states ambassador to the united nations joining us, linda thomas-greenfield. and normally in any kind of normal world, she would be the lead guest for the first half hour of the show. it's a very big deal having the un ambassador here, but we also have a ron kaine we may have heard of, white house chief of staff. and the man of the hour, the day, the week and possibly some weeks to come, geoffrey berman is going to lead us off. >> --, right next guest. >> is one of those nights. >> it's one of those, nights have a great show lawrence. >> thank you alex thank you. it was just about two years and two months ago on a monday night that i will never forget, after a weekend and i will never forget, when rachel maddow and i were here marveling and i mean just marveling at a weekend of breaking news like we had never seen before involving the united states department of justice, attorney general william barr tried to fire the manhattan district attorney geoffrey berman and this is the part that was so stunning. geoffrey berman fought back in a way that we