a small fee but listen listen this is what continental resources one of the biggest players harold him multiple times billionaire what hit how this company operates as a fracking company he pushes for legislation pro fracking he probably helps finance hamilton succeed and we don't know because nobody's allowed to know other than what bill kristol who is actually behind it well in twenty seventeen continental spent two hundred ninety four million dollars on interest expenses which is approximately one hundred fifty five percent of his twenty seventeen adjusted net income generation we can't even pay the interest on your credit cards you are broke well you know the same thing is coming to the american economy as a whole i mean this got twenty trillion dollars and on the books debt and the interest costs are rising exponentially and pretty soon it'll be just like a junk bond america's going to be triple c. rated wall street has been j.p. morgan by the way is the biggest underwriter of these junk bonds to the fracking industry but a question to ask is who who are they you know who's the wh

dakota, and the interior secretary of the united states, ryan zinke yesterday we were out on a continental resourceslling rig, a town of 750 people, out in the middle of the state getting an idea to what the price point is, how they'll make money, if they can make money, where the growth will come from. we did that tour we also got to ask a few questions. these guests will also be on tv today. but yesterday on the drilling rig i asked the interior secretary, secretary zinke about infrastructure generally and whether or not we'll get something done in the united state states >> we're behind in this country on infrastructure, bridges, highways this piece moves the economy forward of looking at our long-term infrastructure plan. >> the cnbc audience is keenly invested on infrastructure of all kinds, do you think we'll get something done on infrastructure as a nation this year or maybe early 2019 it seems like we're close but it's been frustrating for a lot of business leaders we talk to >> if the president keeps his campaign promises, i have every confidence we'll get infrastructure the president is a

to go out in the middle of north dakota on a drilling rig with the governor and ceo of the continental resourcestu dialog and talked about the need for energy infrastructure. energy infrastructure is part of infrastructure as a whole, something your boss, the president of the united states, has promised do you believe that we still on track to getting an infrastructure package passed this year or next year that will include energy >> i think we will focus on infrastructure it's not just about the, you know, the government funding part some is about permitting you look at some of these bridges, some of these have been languishing for 17 years and a lot of the process is looking, streamlining regulation, the president for every regulation put in, we've removed 22 unprecedented. and then looking at the permit, how do you shorten the time of the permitting process without removing regulation and the regulatory framework on permitting should use innovation, best science, best practices, to improve safety, reliability and environmental stewardship, but the permit process itself needs to be shortened a

a small fee but listen listen this is what continental resources one of the biggest players harold himmultiple times billionaire what hit how this company operates as a fracking company he pushes for legislation pro fracking he probably helps finance hamilton succeed and we don't know because nobody's allowed to know other than what bill kristol who is actually behind it well in twenty seventeen continental spent two hundred ninety four million dollars on interest expenses which is approximately one hundred fifty five percent of his twenty seventeen adjusted net income generation we can't even pay the interest on your credit cards you are broke well you know the same thing is coming to the american economy as a whole i mean there's got twenty trillion dollars and on the books debt and the interest costs are rising exponentially and pretty soon it'll be just like a junk bond america's going to be triple c. rated wall street has been j.p. morgan by the way is the biggest underwriter of these junk bonds to the fracking industry but a question to ask is who who are they you know who's the

apache, devin energy, continental resources and exxonmobil among the bill oil companies currently trading in correction levels or worse hess, conoco phillips, and halliburton among the worst performing stocks in the entire s&p 500 so far today those names are on pace for their worst day in four months finally let's look at the etfs that track the oil market. the xle down more than 5% so far this week. looking like it's going to finish in the red for the first time in two months we have breaking news. it's friday, of. and means rig counts you can look right now the rig counts are coming out from baker hughes. we are adding oil rigs for the seventh time in eight weeks. we are up 15 oil rigs to 859 that's 137 more than the same time last year sarah a lot of news come out of the oil patch today. >> more rigs is not going to do much to turn around the falling price today. dom, thank you oil prices down 4.25%. >>> to washington. 24 hours cancelling the big summit president trump today saying his meeting with kim jong-un could still happen ayman javers is following all the twists and turns in th

clearly, if something like puerto rico isoing to absorb all the emergency resources of the continentalted states to get its recovery week going to be in huge trouble if a nuclear emp takes down the national grid. mark: incredible. >> we've got to do better. mark: don't forget, just a reminder, join us every week night on levin-tv, on conservative tv, give us a buzz, 844-levin-tv and join us. that's 844-levin-tv. the first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. your digestive system has billions of bacteria, but life can throw them off balance. try align, the #1 doctor recommended probiotic. with a unique strain that re-aligns your system. re-align yourself, with align. with savings on the new sleep number 360 smart bed. it senses your every move and automatically adjusts on both sides to keep you effortlessly comfortable. and snoring.... does your bed do that? right now during our semi-annual sale save up to $700 on sleep number 360 smart beds. plus 36

you know, clearly if something like puerto rico is going to absorb the emergency resources of the continentalnited states to get its recovery, we're going to be in huge trouble if a nuclear emp takes down the national grid. mark: incredible. >> we've got to do better. mark: don't forget, a reminder, join us every week night on levin tv on conservative review tv, join us that's 844-levin-tv. ♪ you said you're not like me, ♪ ♪ never drop to your knees, ♪ ♪ look into the sky for a momentary high, ♪ ♪ you never even tried till it's time to say goodbye, bye ♪ ♪ everybody fights for a little bit of light, i believe. ♪ geico motorcycle, great rates for great rides. if your adventure keeps turning into unexpected bathroom trips you may have overactive bladder, or oab. ohhhh... enough already! we need to see a doctor. ask your doctor about myrbetriq® (mirabegron). it treats oab symptoms of urgency, frequency, and leakage. it's the first and only oab treatment in its class. myrbetriq may cause serious allergic reactions. if you experience swelling of the face, lips, throat or tongue, or difficulty brea