>> congressman, boone pickens. hi.kens. >> it's like running for president. >> yeah, we're running a campaign at president level. >> on the stump with t. boone pickens next on 50 minutes on cnbc. [ticking] when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. i started going pro a few weeks ago, using crest pro-health clinical rinse. i like to swish it around a little... and it's that easy! my mouth has never felt cleaner. [ male announcer ] go pro with crest pro-health clinical rinse. [ rachael ] i take really good care of my teeth, but i've definitely kicked it u

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keystone pipeline must be built. >> boone pickens, keep fighting the gotfied. ime with us today. >> sure. ashley: thanks so much, boone spue sure. bye. ashley: he is a great interview, isn't he? more coming up later this hour in our special series. the shale boom is a game-changer for you and your investments. robert farmer will join us with three stock picks you won't want to miss. tracy will talk to him. get the pen and paper. tracy: that's good stuff. coming up shares of yahoo! falling again, down about, oh, about, about $28 right now. down about 3.5% from their close, 52-week high. find out what's behind this selloff. ashley: the sec charges miami with fraud. "miami vice." not the first time the city has been in trouble with regulators though. hmmm. we'll those details straight ahead. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ashley: it is quarter past the hour.

five years ago boon pickens with/thoughts on our dependence on foreign oil.r we have to go. and the latest on the asiana plane crash

let's bring in the man himself, boon pickens. five years ago he gave birth to a plan, the plan was shockingly large and startling simple. cut our dependence on foreign oil by converting trucks from gas line to natural gas and five years in, how is the pickens plan going? this is a cnbc exclusive. before we talk about your plan i do want to ask about your thoughts on the train derailment and why are we still transporting petro chemicals by train? >> canada, it's another country, but nonetheless the way to transport petro chemicals, oil and natural gas is by pipeline, and keystone pipeline should be approved in the morning. >> do you think the odds of that happening are good? >> yeah, i think they are going to finally come around to it because the environmentalists don't want the pipeline. okay. do the environmentalists want you to transport by rail? truck? they don't want that either. what is it that the environmentalists have for you that's going to solve a huge, huge problem in america is energy, and you pick the best ways to do

>> guest: he is really doing that i of trying to give him encouragement i am good friends with boone pickens about water to years ago he came out with a program on television whenever he was interviewed peace said we don't have an energy plan. he said it over and over again. 70 years and no energy plan for this country and i thought we have a plan for cnn. to don't have a plan had to get anything done? i thought about it and i said we don't have an energy plan but not for population coming in our lifetime all those hours 75 in here the population has gone from 2 billion people as a complete 5 billion people. that is not sustainable. obviously. we need a plan for everything. so i suggested to jeffrey that he do it. [laughter] i am a little too tired to take on that project. he thought about it and said he would in he is working on a. some time during the next year there will be a plan for humanity endorsed by the united nations and in fact, it will be there period but jeffrey works for the un. so we will put the plan together that includes over fishing, farming, water population, it he will e

boone pickens told us earlier this week, fracking, it is safe for the environment.ive director phil ratford responds. that is coming up. tracy: you can take a guess what he thinks. ashley: doesn't agree. tracy: time forgoing to the floor of the new york stock exchange. nicole with we're just flat-lining now. >> what a day we've had on wall street. back and forth action. news on sac. we're in the middle of earnings season. jobless claims that were a disappointment. durable goods that were better. the market is sitting right at the unchanged line for the s&p and the dow. we'll see whether or not we post five straight weeks of gains. right now the dow is looking to snap that. four straight weeks of gains. this week so far is a loser. we're seeing the nasdaq composite, that is the best of the bunch. i wanted to get over to look at headlines on the homebuilders. d.r. horton, we're also looking at pulte group. you san see it is down 11 1/2% pulte here and horton down 9%. both came out with numbers. the executives of d.r. horton noted the rising mortgage rates, how quickly

boone pickens, energy ceos and more. tracy: yeah.oday's winners and losers from today's s&p 500 as we head out to break. we're talking about starbucks. nicole petallides keeping the stock nice and high. up 7% today. we'll be right back. i've been doing a few things for a while that i really love-- tdd#: 1-800-345-2550 playing this and trading. tdd#: 1-800-345-2550 and the better i am at tm, the more i enjoy tm. tdd#: 1-80345-2550 so i'm always looking to take th up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they'vnow put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which means i get schwab's most advanced tools tdd#: 1-800-345-2550 on whatever comper i'm on. tdd#: 1-800-345-2550 it's really taken my trading to the next level. d#: 1-800-345-2550 i've also got a dedicated team of schwab trading specialists. tdd#

. >> that was oil tycoon t boone pickens. whether oil companies will reconsider their dependance on trains. we'll back after this. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >> welcome back to "fast money" live from the nasdaq market site. we continue to follow the story of that deadly train explosion up in canada and how it could possibly affect the energy industry and the way it transport crude. let's turn

. >> i'm sure boone pickens is smiling. thank you for watching. more analysis on the fed coming up on "closing bell." we have something cool for you tomorrow. tune in to "street signs." >>> hi, everybody. record-setting territory. welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. >> i'm bill griffeth. there's the high. 113-point gain at one point on the dow, but we're off those highs. what a day it's been. the economic data this morning, positive, gdp report was a good one. what was the other one? there was another one so good. the jobs report. >> the jobs the adp numbers. >> much stronger than expected as we get ready for the government report. of course, the federal reserve this afternoon. >> today's statement looked very much like the last statement. after that statement came out, money did move into stocks. even though we know we've got some stocks for sale going into the final hour, we are -- we are pretty strong and in record territory in the s&p 500. >> and for the dow as well. >> and for the dow jones indus

boone pickens responds, "the first billion is a heck of a lot harder." witnessething you don't every day. and i was mentioning an earlier conversation. will tweet out hg literarysmackdown. okay, this novelist or this one, go? know and ers we all love will chime twoo the conversation with everybody else. i think because of x, y, z. it's fascinating to see that. in a class tting where the best novelists of the world are coming in and talking of this. those kinds of things, and, lot, but it this a e it's ara silverman tweeted, if your family is driving you crazy at the holiday, just picture woody allen picture and mia farrow tweeted, i tried that, it didn't work. those are my favorite moments. [ applause ] >> thank you for womaning. a look at on-line learning and the impact on traditional education programs. the atlantic magazine and aspen institute's econd annual new york ideas festival explores massive open mooks.e courses called an increasive number of colleges re developing as part of their curricular. this is 20 minutes. >> thank you all very much. the

boone pickens and his plan to break us out of our dependence on foreign oil. >> put together now, showon, put together a north american energy alliance an then use the canadian crude, the mexican crude and fill ours out with theirs and then you've got a real deal going because it gives you all the security you could ever want and you don't need the opec crude. tracy: well, california could be a big part of the solution. the golden state is potentially sitting on 15 billion barrels of oil in its untapped monterey shale field. that is the equivalent of five years of oil imports. our next guest says there is no single opportunity as big for california or the country quite frankly than the monterey shale. joining us, mark mills, a senior fellow at the manhattan institute. the numbers are crazy, if they are really true. we're talking 15 billion in tax revenues for every bill barrels of state oil produced? economic benefit could reach a trillion dollars. these are crazy numbers for california. >> they're incredible numbers but it's a little hard to talk about oil on the day of the royal baby

be but as boone pickens will tell you that the imported oil used for trucks is diesel. it is the dirty field, and if they care and a la bloomberg who has been right of getting the diesel out of the urban eareas like the waste management does for trash truck, it would be monumental for the particulates in the sky and the urban areas and the president just has to say, let's go nat gas for trucks and go out to the al mulally plant, and then their hands are forced a and thatly put it in there, and right now clean energy, and very few. two natural gas stations in chica chicago. this is ridiculous. ford is taking it. they are taking the bull by the horns. >> and that is amazing. >> and cummings on the conference call, and they have the best natural gas and they said nothing. and westport -- >> well, cramer's mad dash and then the opening bell after a break. i've been doing a few things for a while that i really love-- tdd#: 1-800-345-2550 playing this and trading. tdd#: 1-800-345-2550 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looki

boone pickens who has an idea how we can put the abundant nat-gas to good use. it to power our big trucks. >> it is 30% cleaner than diesel. it is cheaper by $2 a gallon. here you are with cheaper, abundant, cleaner energy in america. you would think you would move to it rapidly. if you did the eight million 18 wheelers on natural gas, that would cut the opec crude by 75%. >> of course boone talking his book there because he actually put money into this. he is an investor nd sits on the board of clean energy fuels, which is the largest provider of nat-gas fuel for transportation in north america and that company's ceo, andrew little fair i will, will be our guest late they are hour. lori: meantime we have lot of earnings going on. actually they're ruling the day on wall street. a slew of new reports coming after the close. big money manager mike cross will tell us whether to buy, sell or hold. that's all next. dennis: first take a look at some of today's winners and losers. ashley: 90 minutes until the close. nicole petallides is that the new york stock exchange

boone pickens, thank you. >> thank you. >> shannon: ntsb is on the ground in san francisco, trying toiece together what caused the deadly plane crash. more from passengers and witnesses from the terrifying moments they knew something was very wrong. >> were you scared? >> the moment, the hard impact, bang. we were pretty sure that something, you know, had gone wrong. [ male announcer ] imagine this cute little orange blob is metamucil... and this park is the inside of your body. you see t special psyllium fiber in metamucil aually gels to trap and remove some waste. and that gelling also helps to lower some cholesterol. it evetraps some carbs to hp maintain .. ♪ could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdonald was a really bad speller? your word is...cow. cow. cow. c...o...w... ...e...i...e...i...o. [buzzer] dangnabbit. geico. fifteen minutes could save you...well, you know. the aircraft was -- the bottom of the atlantic ocean. the investigation should be easier. any accident, you top conclusions or you make

investments, and who better to kick off the special series than legendary energy investor himself, t boone pickens of an energy hedge fund. we'll have an interesting chat with him next week. >> i'm excited about this. everyone's saying there's an energy revolution going on in the country right now. >> they say it, but we got to get it to reality, i guess. >> exactly. >> there's signs of it, but the debate over fracking, between environmental groups, and the industry, that's also a very hotly contested one. we'll get into that next week. >> yeah, good stuff. stay with fox business for countdown to the closing bell. we have a great show. first of all, we are talking about the fcc civil charges against steve cohen, and, plus, exclusive with the exof athena health providing online services to doctors and hospitals, companies' big earnings miss. huh, find out about that. what's next for the business and the entire health care industry? "countdown to the closing bell" is next so don't go anywhere. which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage.

today's the five-year anniversary of boone pickens' plan.t signs," cnbc, check it out. >> thank you very much. up next, from jumping out of planes to crossing freezing rivers, it's another day in the office for bare grills. he joins us next with his advice on "get out alive." any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. ♪ how did he not see that coming? what's in your wallet? how did he not see that coming? peoi go to angie's listt for all kinds of reasons. to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to he

boone pickens response, the first night is a heck of a lot harder -- the first billion is a heck of a lot harder. [laughter] >> these are things we witness every day. i mention an earlier conversation, solomon rushdie will tweet out these literary hashtag libÉre smackdowns and say okay, this novel is or this novelist, go. then you will see like other great writers that we all know and love will chime in to the conversation with everybody else. i think, you know, because xyz. it's fascinating to see that. it's like sitting in a class with the best novelists of the world are coming and talking about characters. so those kind of things. and again, i say this one a lot but it's my favorite one is, is around the holidays when sarah silverman tweeted if your family is driving you crazy, just pretend you're in a woody allen movie. me a fair responder, tried that and it didn't work off make the adamonis are my favorite moments. spent think is a much for joining us today. [applause] >> they have a tremendous role, and we would talk about martha, some the things she gave george but that's going