energy.we have the best of the brightest here. we've got the leaders in the community of energy executives who see it -- who see the big picture, who will articulate for you the most significant issues of the day, the things that they're confronting, the things you should know about and things on the horizon. and we start with mike summers, who is president and ceo of american petroleum institute, the 15th chief executive of the api since its founding almost a century ago. before being named api's president, mr. summers led the american investment council trade association which represented many of the nation's leading private equity and growth capital firms and other business partners. he spent two decades in critical staff leadership roles in the u.s. house of representatives and the white house, including chief of staff for the speaker of the house john boehner. and he was special assistant to president george w. bush at the national economic council. mike has been instrumental in crafting

this is energy progress. this is terry, a lifelong citizen of o' claire, he's the president of pipe trade association. he sees the benefits of natural gas and oils across all of wisconsin, bringing good paying jobs and fulfilling careers to 9,000 statewide workers. local pride goes further here. ontario is living it out. this is natural gas and oil. this is energy progress. >> this is anne, a student, a journey woman powering big time projects from hospitals to school and office buildings and jobs and the thousands of men and women who are facing a downturn and thank to natural gas and oil. jobs are happening right here to help people like anne thrive. this is natural gas and oil. this is energy progress. this is jim, a director of red new shoes a company that's providing shoes to citizens and soldiers and everyone in between since 1905. jim is using natural gas and oil to preserve a local brand with global scale. international impact is happening here and jim is leaving his footprint. this is natural gas and

where we've done previous state of american energy events.ng here on stage on the very spot where bob dylan has played gives a whole different field. americans embrace independence, you see it when we visit polling places and now when we get our energy right here at home. [cheers and applause] >> reducing our nation's dependence on foreign energy was the stated goal of every one of our last 7 presidents. democrats and republican. these leaders all understood that clean affordable and reliable american energy serves both as the basis of economic growth here at home and security abroad. now, finally, the united states has achieved this bipartisan goal, the state of american energy in 2020 is one of leadership, america is the global leader and energy development, carbon emission's reductions and environmental performance. [applause] >> so today i'm here to talk about 3 things, one, how america's energy revolution has benefited americans and the communities that we live in. 2, the risks of climate change and how our industry of problem solvers ar

american energy is powering the lives of people across our nation. today, we are introducing you to men and women from 7 american communities, you learned about some of the leaders during lunch and you'll hear more about them later today. their stories are different but their experiences are similar, american energy is helping revive the communities, from colorado and new mexico to ohio and pennsylvania, natural gas and oil development is energizing economies and improving millions of lives. in new mexico, natural gas fuels the state's economy and future generations to the tune of $1 billion every year for state schools. natural gas and oil help explain why in parts of america that haven't seen job growth for decades, you will now see vibrant manufacturing, people moving in, main street is busy again, businesses opening and hiring and more tax revenue for school, police, public work and conservation and so much more that powers modern life. i've had a chance to visit communities in new mexico, in michigan, in pennsylvania and when people in those are

energy. as we think about the combination of our resource base and technology and what has happened with oil and natural gas production, in terms of renewables, what's happening on batteries across the board, the combination i think of technology and innovation, and free markets, is doing wonderful things for u.s. energy and, quite frankly, for global energy. on the natural gas front, you just heard from our good present karen harbor. i think what's interesting is, a lot of what you're going to hear from me, and my guess as too what you'll hear from dina and charlie in the next segment, is very similar. as i look out at the audience, and i know who you are, there are certain people here that your first exposure to the natural gas industry is when we were fighting like cats and dogs against each other rather than working together. so that's been a remarkable transformation. one of the things i think that has changed is that we're not only talking about natural gas in the context of the united

waves are the transfer of energy. transfer and energy. so far today's waves have been pretty tame let's do an experiment on the beach and i ask a question it says town we can see how the way it is being propagated through the length of the cloth his shaking is providing the energy that's being transferred. but what does a wave in a towel have in common with a wave in the ocean. more than you might think. whether it's a towel wave or a water wave hit or the waves transport energy not matter. even though that might not be obvious as seen from the beach the water is just the transport medium. just like the surfers waiting on their boards the molecules in the water don't move over great distances the wave propagates much faster where where does the energy in the waves come from it. it depends on what kind of hoops we're talking about. the moon this gravitational force keeps the ocean in motion. its attraction produces the rising and falling sea levels known as and flow. but the waves. that interest servers are generated by the wind what matte

provides a subsy to wind energy producers for each kilowatt of energy generated for the first decade of a projt's operation. while the credit was originally scheduled to end in 1999, it has been extended by congress times since then. >> the idea with the p.t.c. was to say, "oy, we've got these technologies that don't seem to be developing as fast as we want them to, so let's put an incentive there." >> reporter: melissa lott is a senior research scholar at columbia university's center onb energy policy. >> so, if you look back at 1992 and you look at onshore wind, we had somewhgae around 1.5 tts of wind. and if you look at it today, st forward, we're talking at having over 100 gigawatts of wind power id the country. 's producing 7% of the electricity in this country at th20 time. since 11, we've seen thef amountnd on the system double. that's incredible growth. >> reporter: at the same time, the p.t.c. has also push down the wholesale cost of wind energy by about de% in the last de. >> onshore wind looks like it's competitive inmb significant of states in the u.s. so, if the idea beh

you know, these kind of energy jobs are a pathway to the middle class. they provide hope, opportunity, good wages, with good benefits. and that's what we stand for and that's what partnership with api in this sector provides. i have a few examples. i couldn't memorize them all. just to give an example of not only the potential but i'll talk for a minute about some of the challenges. we have the atlanta coast pipeline or dakota access pipeline. i had over 1,600 laborers on that job, and i'm not talking about for a week or a month. i'm talking about a year or more, over 4,500 building trades men and women. rover pipeline, over 3,000 construction workers, multiyear project, atlantic sunrise pipeline, 2,500. line three, a replacement in minnesota, 3,000. atlanta coast pipeline which has its challenges, which i'll talk about in a second, there's going to be about 1200 construction laborers on it. and one of the representatives that's here from western pennsylvania, there's a cracker plant there that has 7,500 construction workers on that facility. the potenti

the energy secretary testified before the natural resources committee on the topic of energy related issues. how did the administration's efforts on environmental is him and energy issues -- i want to have you listen and give your take on it. >> through the power of innovation, the united states is leading the world in energy production and in the reduction of emissions. america has become the top producer of oil and natural gas, and soon we will become a net energy exporter. it also includes historic growth in renewable energy. today america is the second-highest generator of wind and solar energy in the world. we are also providing nuclear energy by developing advanced technologies such as small modular reactors and advanced reactors. we are expanding the use of clean energy era since 2005, national greenhouse gases have fallen by 13%. power sector emissions have been falling by 28%, according to the epa. that is something all-americans can be proud of. as we pursue this all of the above energy strategy, we must continue to protect our energy infrastructure. we have developed the n

first, winston reviewed energy equity models. basically, examining the various frameworks and goals that other communities, other c.c.a. programs and academics use to define energy equity. so with energy equity, it's not just access to resources, outcomes matter. it's about reducing burdens on low-income consumers, avoiding a disproportionate distribution of the costs or the negative impacts, providing an equitable distribution of access to real benefits and also ensuring a reliable source of electricity and protecting low-income households. winston also reviewed other programs, programs at other c.c.a.s, and while considering the legacy of power generation sites that have had lasting environmental burdens in san francisco. talking here about the patrero and hunters point power plants. he also analyzed the san francisco disconnection data from p go an p imrch and even as -- pg&e and it's first time that this has been available and analyzed. so his findings were concerning. there were more than 15,000 disconnections annually for n

offshore wind energy. we currently have five turbines off of block island but a series of projects totally over 20 gigawatts of offshore wind off the east coast is pre-nexted in the next 10 years. when you look at other proposals, what they're proposing for the cost of wind off the east coast is competitive for electricity prices in those east coast urban areas. another diplomat to frame out the wind industry today, a number of larger developers are offering different types of products. i want to summarize two of them. they're taking wind, solar and storage, grouping it together and offering it as a firm product to utilities or other customers. they are able to say, we will guarantee this amount of electricity at this price because they're able to match wind and solar storage together to create a firm product. also, we just had announced at our conference this past fall, producers combining wind, solar and storage to look like a peaker plant, we will give you on demand, however much you want, clean energy

the natural gas, oil energy sector for us is thriving. i know one of my broergs is here, the teamsters, the pipeline crafts, and we have seen you don't want to use explosion when you're talking about natural gas, but that's what we have seen in our organization and in the industry. these kind of energy jobs are a pathway to the middle class. they provide hope, opportunity, good wages, with good benefits. and that's what we stand for and that's what the partnership with api provides. i do have a few examples, i can't memorize them all. i'll talk a minute about some of the challenges. we have the atlantic coast pipeline or dakota access, i had over 1,600 laborers on that job and i'm not talking about for a week or month. i'm talking about a year or more. over 4,500 building trades men and woman. rover, over 3,000 construction workers, multiple-year project. atlantic sunrise, 2,500. line three relacement in minnesota 3,000. atlanta pipeline which has challenges, there is going to be about 1,200 construction laborers on it. we have i saw one

advocates right now looks like the clean energy sector as a whole in the u.s. is actually lagging many many other developed countries and not the assignment and not developed countries even developing countries such as china china is now leading the entire new us that energy sector antenna solar power in terms of wind power so we just had the u.s. is actually losing out on innovation and furthering the technology now it definitely hurts that we're lacking leadership in the white house on issues like climate change and clean energy policy we saw that in the recent madrid climate change. conference where the united states was blocking a lot of progressive action that's why a lot of the positive activity on clean energy in the united states has been at the state level rather of a. at the federal level states like california new york washington maine new jersey massachusetts or all passing you know 100 percent clean energy bills and so a lot of the policies to try and promote that are going on at the state level however as you accurately point out you really need f

release the same amount of energy as a barrel of oil that's how energy dense fusion is. in other words there is potentially around 1700 kilowatt hours of energy packed into a cube like this that's enough to power your average electric car for about 8500 kilometers. we want for mobility to be truly green the energy generated at the source has to be cream so i believe that having a clean base look the chronology as fusion promises to be it would be very very important to sustain that growing into with a true cost. so when can we look forward to clean miniature fusion units powering our cars and other forms of transport. have fusion powered cars will be will be very very challenging if not impossible that's very difficult to see how you get a fusion powered car actually if you can powered cars a battery powered car right you just have a fusion power and all that shit on the other hand is perhaps more interesting because it's the very biggest need about 100 megawatts of power and that's that's not a small part that's actually quite a big problem so for the very biggest oil t

energy storage and energy-efficient technologies. and so from fossil fuels to renewables, supply keeps rising. costs keep falling. and it's all being led by the power of innovation. as i said earlier, we are now the world's largest producer of oil and gas. and we are also the world leader in reducing energy-related carbon emissions. the lesser -- the lesson could not be clearer. when we innovate more and regulate less, we can drive up energy production and drive down energy cost. we can revive our economy and create more jobs. we can manufacture more and emit less. all at the same time. as secretary, i'm also committed to focusing d.o.e. on the next frontier of innovation challenges so that we can help launch the industries of the future. we're focusing on the integration of advanced computational sciences. the development of advanced manufacturing technologies. and the growth of the b bio-economy. to do this, we call on the help of our national laboratories. some of whom i know are here today. i saw paul kerns walking around. they h

most energy is produced by burning fossil fuels and every year more energy is needed the prognosis is that the world will need 50 percent more energy by the year 2050. conditioners lighting on computers for a growing world population by using moderate temperature settings in energy saving technology everyone can reduce their carbon footprint. rain forests absorb lots of climate. every 2nd an area the size of a football pitch is cut down by cutting down trees and using slash and burn farming room is made for food production not just live stock but also the feed those animals need like soy and corn. buying plant based products in the supermarket is more environmentally friendly because they need less land and less resources than meat products. that means more of the forest can be left to store c o 2 it's. a huge consequence. but we have to be a problem an environmental engineer and a citizen activist have come together. and provides a lot of symbiote the connection between. energy production and excessive consumption. in the heart of. it is festering everywhere this neighborhood is lite

it did a study on title energy and energy services as far back as 2002. in 2020, we are starting and finishing up some exciting projects. we are leading the country's largest and most representative survey of on-demand workers. the final report will offer a slate of recommendations on how to improve working conditions in the sector. we're also examining what avenues the city can take to curtail labor abuses in the gig economy. and as i just outlined in my last presentation, we'll pursue a number of studies and reports around cleanpowersf. so to pursue special studies at least in this fiscal year, we've had to do some of our own fundraisfundraising. it is the first time in our lafco's history that we raised and received private foundation money. i'm happy to report that it was successful. we raised a total of $330,000 for our labor study. and i say "we" because i had help from the members of our survey team, our interns, dan rail and leah trove, and our colleagues at the association. it was a team effort. we diversified our fundraising services in this fis

revitalization of nuclear energy and energy storage and energy fishts technologies. it's all being led by the power of innovation. we're now the world largest producer of oil and gas and we are also the world leader in reducing energy related carbon e emissio emissions. the lesson sould ncould not be . i'm also committed to focusing on the frontier of innovation challenges so we can help launch the industries. we call on the help of our national laboratories. some of whom i know are here today. they have some of fastest super computing in the world. we're proud to make their performance, this high performance competing facilities available to researchers from industry and basacademia so the are able to generate the intellectual benefit. they hold enormous promise for our country. we integrate three disruptive computing technologies of the future. each respect monumental opportunities for growth pch. they will change the way we think. they will change the way re research and the way we interact. i'm excited about their potential. the experts are world leaders like adv

it did a study on title energy and energy services as far back as 2002. in 2020, we are starting and finishing up some exciting projects. we are leading the country's largest and most representative survey of on-demand workers. the final report will offer a slate of recommendations on how to improve working conditions in the sector. we're also examining what avenues the city can take to curtail labor abuses in the gig economy. and as i just outlined in my last presentation, we'll pursue a number of studies and reports around cleanpowersf. so to pursue special studies at least in this fiscal year, we've had to do some of our own fundraisfundraising. it is the first time in our lafco's history that we raised and received private foundation money. i'm happy to report that it was successful. we raised a total of $330,000 for our labor study. and i say "we" because i had help from the members of our survey team, our interns, dan rail and leah trove, and our colleagues at the association. it was a team effort. we diversified our fundraising services in this fis

and our great metroplex cities on any combination of all to fuel and all to energy and i'm afraid it's going to come as a is a big disappointment to the american public the main reason for that is you really can't fabricate the quitman for all these things and service them and maintain them without an underlying fossil fuel economy platform for that to happen under and unfortunately. this is the country has not figured that out including a lot of pretty intelligent people and people with good intentions you know we'd love to keep running our stuff the way we're running it now by other means it's just really unlikely to happen you know this combines 2 things that are really shouldn't be combined one is climate change denial the green part and one is that governments can possibly do anything positive the new deal part so these are 2 areas that the predominant political forces like to tell us are socialist or they're impossible or we don't have the money for them so all the branding on this is horrible is there a way to present this that would be more palatable because clearly infrastruct

the redwood coast energy authority, which is the community choice energy program serving humboldt county and cities in the area is partnering with an area off the coast of the humboldt project and looks to be one of the first projects in california and there will be other sites opened up by the federal government for leasing over the next several years. so we'll be paying close attention to that. and, of course, we will do everything here with engagement with our community and stakeholders. we're proposing to engage with stakeholders over two phases with the first phase focusing on taking the work i've presented to you today together with our integrated resource plan to the community of the next couple of months. so we're planning to present the integrated resource plan to the commission, the power cac and local agency commission later this quarter and targeting an april approval by this body. so the plan is to come with another presentation to inform you about the work we've undertaken with the integrated resource plan in advance of a vote. , which would come later. integrated resource

>> energy.ities or uso for crude. >> kristina, do you have a sector or a pick >> i'm very excited about china, in particular, chinese technology companies cqqq is the ticker >> huge coming up, tony, i love him. young talent coming on to the desk it's outstanding i might just hang out and watch the whole show with that said - >> your final trade? he's your final traych?slumberg. >> options action is up next s in the world, and tie it all together with a world-class software experience. >> no schlumberger >> options action is up next e? >> no schlumberger >> options action is up next h m. peloton is truly a category of one and we're just getting started. now, let's do this. together, we are going further than we ever thought possible. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. >>> it is friday, 5:30 at nasdaq that can only mean one thing that is that walgreens

the evraz steel plant uses a lot of energy.az had to find a cheaper power source to stay competitive and stay in pueblo. so, working with xcel energy, they are building the largest behind-the-meter solar project in american history to power the steel plant, creating hundreds of solar jobs, keeping thousands of steel manufacturing jobs in pueblo, reducing costs, and helping to save our way of life, all at the same time. that is what a renewable energy future looks like. [applause] innovation, growing jobs, growing opportunity, saving people money and doing our part to reduce air pollution in the process. we don't have any time to waste. those of you who know me well know i'm a big science-fiction fan. last year, we had a spider-man quote. they sure, it is not star wars, it is lord of the rings. in the first part of the trilogy, frodo, the protagonist, laments that he must carry the awesome burden of saving the world from a growing darkness. gandalf, his guide, responds with a charge that applies to us here in this chamber. he sa

the redwood coast energy authority, which is the community choice energy program serving humboldt county and cities in the area is partnering with an area off the coast of the humboldt project and looks to be one of the first projects in california and there will be other sites opened up by the federal government for leasing over the next several years. so we'll be paying close attention to that. and, of course, we will do everything here with engagement with our community and stakeholders. we're proposing to engage with stakeholders over two phases with the first phase focusing on taking the work i've presented to you today together with our integrated resource plan to the community of the next couple of months. so we're planning to present the integrated resource plan to the commission, the power cac and local agency commission later this quarter and targeting an april approval by this body. so the plan is to come with another presentation to inform you about the work we've undertaken with the integrated resource plan in advance of a vote. , which would come later. integrated resource

now scientists are concentrating on ways to grow food produce energy and make sure they're. all over the world researchers are working on a return to the moon and the chance to be able to stay there longer. we have to use the moon operationally understand. how to live and work on the planet if you live there are many ideas but actually putting them into practice is the final step that's missing of a great the seeing that humans return to the moment. when this will happen is not yet clear but science is making it possible to survive on the moon. on this wednesday and 969 the world was holding its breath mankind was witnessing a historic mission. onboard apollo 11 astronauts neil armstrong michael collins and edwin buzz aldrin had a goal mankind had not yet reached to fly to the moon 5 days later in the early morning of july 21st neil armstrong uttered his unforgettable words. or their. armstrong and aldrin spent a total of 2 and a half hours on the surface of the moon. as they collected rock samples and raised the american flag they were watched live by 600000000 people only

the only sector that is positive is energy. not that strange when you think oil prices are a few bucks higher. the dollar index is close to 97. the yen is stronger. most currencies are weaker versus the u.s. dollar, which is acting as a safe haven. gold as to point to well because you can see gold is up another 1.2%. we are close to the 1515 mark. crude 63.60. we are off of session highs. rent trading 68.81. big reactions on the treasury markets. isn is significantly weaker. stocksxx 600, european are down. airline stocks are suffering the most. risk off toassic geopolitical events in the middle east kind of day for these markets. just day two of 2020. vonnie: a complete reversal of yesterday's trade. that airstrike ordered by president donald trump that killed one of iran's most powerful generals near baghdad's international airport, and will draw a quote severe retaliation from iran. let's get reaction from washington. the president took a few minutes g.d then tweeted out a fla there has also been pompeo appearance on fox new

economy, energy, and the mexico, canada trade agreement. klaus: mr. president, welcome back to this stage, here in the beautiful swiss alps. we have arranged for you the best sunshine which we can offer. we are pleased that you have chosen to join us again, this time for the opening session of the 50th annual meeting of the world economic forum in davos. it is an honor to host you on mr. president, on this very special occasion. you have here in the room and in some overflow rooms, you have the best of what the global business community can offer, in addition to over 300 representatives from governments. you return to davos accompanied by a strong delegation of cabinet secretaries and senior officials, is testimony to the fact that you recognize the need for america to maintain a prominent role on the global stage. in the past three years, the united states, by any metric, experienced a story of economic growth and dynamism. stock market performance alone is one indication as is the record low unemployment rate. investors are showing deep confidence i