not with exxon but with bp.ling rig, deep water horizon, blew up in the gulf of mexico. >> they were absolutely no more prepared for that spill than they were for this spill. >> the only thing that gives them comfort is having a citizen advisory council. a watchdog to hold government regulators and the industry accountable. >> we need advocacy. because if we're not watching and protecting ourselves, no one else will do it. >> exxon and its shipping company were charged with environmental crimes, pleading guilty to a combined four counts. and paying $1 billion in fines and civil claims to the government. exxonmobil says the oil spill was a catalyst and turning point to completely re-evaluate how it manages risks. among the reforms, drug and alcohol tests for safety sensitive positions, and better training for ship captains. exxonmobil says its unswerving commitment to safety has shown results, and that it has enduring regret over what happened. as for joseph hazelwood, his wife and daughter have stood by him. but

you have exxon, and we do business straight.will consider whatever it takes to keep you whole. >> so what are the lasting impacts on the people of alaska? and how do americans everywhere feel the effects of the disaster? joining us is tyson slocum, steve rodtschild, and patty, the executive director of the regional commission. we invited exxon to appear with us on the show. they did not respond. we use a variety of new technology to give those voices who don't have a chance to appear on main stream media. sometimes there are technical hiccups so bear with us. patty, enough oil spilled to fill 17 olympic-sized swimming pools. has the area and community fully recovered? >> no, it hasn't. the native people suffered the most dramatic impact from the oil spill as far as i'm concerned. their subsistence, use of resources declined by 77% after the spill, and they have since had to change their diet to eat other foods that are available, rather than the ones that, you know, are devastated -- or populations have declined, and there prett

they are on the exxon valdez oil spill trustee council web site.se quotes are straight from the -- there's a lingering oil page, and it's a great -- lingering oil to. but that is the terminology they use. there's a lingering oil page on the evs-tc web site which is directly where these quotes come from. same with this. there's a long-term injury page on the web site where they use the no hope for recovery quote. this is pretty stark. no hope for recovery. and that basically says it all, to me. yeah. the thing is what happened -- again, we knew the oil would be there 25 years later. you can still see from the 1964 earthquake in prince william sound which was also epicenterred right in prince william sound where it ruptured the fuel tank, and this heavy fuel flowed out. you can see splatters of this 1964 earthquake fuel spill on rocks. it's part of the geology. this is now a part of the geology as well. you find this down, you know, several inches deep in the batch cobble, but you also see splatters of exxon valdez oil hardened on the rock surfaces t

five years ago, a court ordered exxon to pay for the spill. don knapp, prince william sound alaska. >>> and that's it for this week's second look. i'm julie haner. thank you for watching. - alex, what are you doing? - i need to document haley's first day on the chain gang. it's not a chain gang. it's community service. and leave her alone. she feels bad enough as it is. okay, i'm torn. on one hand, i'm like, "ugh, i have to pick up garbage all day." and on the other hand, i'm like, - "look at me in orange." - (camera shutter clicks) aw, that's cute. send that to me. haley had a little run-in with the law in college. she was arrested for assaulting a police officer. accidentally. i fell on him. while evading arrest for underage drinking. that was on purpose. they were very lenient with her. she only has to do community service. because i do not have any priors. taking a little too much pride in that, sweetheart. things can get pretty rough out there. i couldn't get my hands on any cigarettes. but i did make you a shiv out of an old knife. you d

we mentioned a lot about exxon. but on the other side we have them in the gulf of mexico trying to do exploration. i think there is a balance that they will have to find. but i think that they may be overshadowed by the geo political concerns, especially t if russia were to send troops into ukraine, proper. >> can the u.s. call upon exxon to work its own back channels, to help with this crisis or not? >> well, i think that's a possibility and one way you would put some pressure on russia is for exxon to slow down the rate at which it is investing over there. i mean, exxon is producing a lot of liquefied natural gas as well as crude oil. they really don't want to see that stopped. >> how do major corporations like exxon respond to political and international disputes like this? >> well, i think they try to work behind the scenes quite a bit. of course, we have bp who gets one-third of its oil production out of russia. so i think they try to sit on the sidelines and work behind the scenes in order to continue with bus

and russia wants exxon, because we believe that exxon can bring something that russia does not have. or russia needs more oil. >> reporter: and it gives them a foothold in the west for exploration rights in the gulf of mexico. the exxon mobil deal are poised to enhance the relationship regardless of foreign policy restrictions. >> we can disagree on politics, and everything else, but we're here to do business. >> reporter: according to the book, the company's former ceo once said, quote . . . when asked whether the crisis in ukraine would bolster the project, they cold al jazeera quote . . . a public stance that may not support the white house by may make washington's job easier now. so far u.s. sanctions have steered clear of russia's energy sector, but if they were to change the partnership could be in the cross hairs. that's not to say exxon mobil would necessarily lose out. >> let's say this crisis gets worse that means there is more pressure on engive markets, which means higher prices and more revenue for exxon. >>> to that missing malaysian airliner now, most of the passengers

but exxon needs to think bigger than that because exxon will survive when others don't. you'll never know from the way they're treating mayflower, arkansas, right now. leaving some boom behind they plan to check quarterly. exxonmobil is absolutely massive in corporate terms. they're historically huge. they were surpassed by these guys, rosneft. right before the olympics, vladimir putin put on a show of letting dissidents and political prisoners out of prison ahead of the olympics? remember that? he released two imprisoned members of the band pussy riot who had been in prison two years. the other high-profile prisoner he released ahead of the olympics was this man, once russia's richest man. when he was still free, he decided to use his economic power to fund and help lead an opposition effort against vladimir putin and his seemingly permanent reign in russia. he had him jailed for over a decade when he released him before the olympics. putin also seized the assets of his company, yukos oil, the company who made him so rich. they jailed the guy, took his company and made

history when "exxon val dooefs" ran aground. it contaminated thousands of kilometres of coastlines, we have a report on the lasting effect of the spill. >> they didn't have this 25 years ago - a computer simulator to teach marriners about alaska's trickery coastal waters. it's real, the decks appearing to heave on the swell. there's no way to practice. >> it's as real as it gets, without being in danger. it's hard to convince yourself that you are not in danger. it's totally real. it's virtually real. >> wh when exxon hit the reef, billions of litres went into prince alfred sound. the clean up and court cases wept on for years. a quarter of a century later, the waters look clean, the scenario as splendid as ever. problems remain with the environment, animals and humans. thousands lost livelihoods as fish stocks collapsed. possible left his salmon boat to scrub beaches, and fell ill, probably due to chemicals. it took a transplant to restore his health. >> i ended up with an autoimmune disease, my bone marrow failed. i had two or

and this was at one point exxon's? >> this was at one point exxon's. >> so you had this?> yes, and down below us are the producing wells. >> this is it? >> this is it. >> how is the difference between speed? they. >> there's going to be some slower. >> but you can't be concerned about whether you do it by the end of march. i mean, it's not a business that lends itself to what you can do for that quarter. you do what's right for the business for whatever time. >> we're going to maximize the efficiency around our drilling with this rig so we want to get a well down every 45 days. that's the game plan. if we have two of them drills and completed in a quarter, great. most likely it's going to overlap a quarter. you're just not looking at your business quarter-to-quarter, you're looking year by year at least. >>> you should understand that the north american energy revolution is about more than just more money for companies that produce oil and natural gas. the fact is, our plentiful supplies of natural gas are making the united states a much better place to do business for al

so says exxon. that's in alaska.exas today, exxon on this 25th anniversary of the valdez disaster, exxon in texas today also had to partially shut down its second largest oil refinery in the country, the one in baytown, texas, because of another terrible oil spill. this one's in the houston shipping channel. it's on the way to that baytown refinery. on saturday at midday, there was a collision between an oil tanker and a barge that was being towed by a houston-based company called kirby inland marine. the tow boat that crashed has been involved in a string of 20 accidents and other incidents reported to the coast guard over the last 12 years. including two other accidents that occurred when that boat was pushing barges containing asphalt or oil like it was on saturday. it's according to the "houston chronicle" reviewing government records. well, that company that owns the towboat and now partially sunken barge says they'll pay for the cleanup costs associated with the new oil disaster in galveston, but the coast guar

british petroleum which is more responsible than exxon i won't let exxon off the hook but you know take. there's run aground oil spills but it's it's containing it you don't have to have a tanker leak oil and it goes in and it destroys a thousand miles of coastline it was british petroleum that was in charge of making sure that that oil never left the area of the ship it's not rocket science basically you put a rubber on it is suck you put this rubber boom around the ship a big rubber skirt you can make it miles long and then you take skimmer ships with hoses and you suck the oil out it's not rocket science and in fact the exxon valdez hit at bligh reef british petroleum had promised in writing under oath that they would have a skimmer ship that they would have the equipment right there at bligh island it was as if you had started a fire in front of a fire department it should have been completely contained no damage but in fact b.p. had lied they lied under oath they lied in writing they never placed the equipment there they said it was there and it wasn't there and that's only the beg

. >>> 25 years since the exxon valdez paster. toxic oil clogs america's rivers and waterways like never before. and a deadly virus threatens americas vulnerable piglets. and i'll talk to an expert who can help you beat all odds and land a job. i'm ali velshi and this is "real money." ♪ >>> this is "real money." you are the most important part of the show so skroin our live conversation on twitter or facebook. we have talked about it a lot on this show, the safety of america's growing oil traffic is in the spotlight again. a barge carrying more than 21,000 barrels of oil collided with another vessel in the all-important ship channel. the united states coast guard. take a look at that. the united states coast guard has shut the 53-mile texas waterway to traffic as responders scramble to clean up an estimated 4,000 barrels spilled into the bay. eight local refineries are now cut off from new oil deliveries. and the spill threats a nearby oil sanctuary. this has america remembers the exxon valdez paster 25 years ago today. a quarter

well we think of the exxon valdez disaster as exxon's probably because they they were dumb enough to have their name on the ship which has now been changed to the to the to the sea river mediterranean but b.p. and i was the chief investigator fraud charges them for the people who owned the shore in my vest to gauge and i found it was b.p. british petroleum which is more responsible than exxon i won't let exxon off the hook but you know tankers run aground oil spills but it's it's containing it you don't have to have a tanker leak oil and it goes in and it destroys a thousand miles of coastline it was british petroleum that was in charge of making sure that that oil never left the area of the ship it's not rocket science basically you put a rubber on it you suck you put this rubber boom around the ship a big rubber skirt you can make it miles long and then you take skimmer ships with hoses and you suck the oil out it's not rocket science and in fact the exxon valdez hit at bly. british petroleum had promised in writing under oath that they would have a skimmer ship that they would hav

the arctic icecap since the exxon valdez. we can talk about specifics and questions. thank you. >> i am with the alaska of base to hear it i am honored to be with my friends from alaska and i am mad we are still talking about drilling in special places and have not learned our lessons. this is the time to remember promises made and promises broken. rick had a list of the promises made and broken even before the tragic spill. , march 24th. he talks about the permanence. but once and then the damage is irreversible and the battle lost. with the deep water horizon tragedy the government in the oil industry make the same bad promises about safety and also technology so we need to think about these promises and the talk about drilling in the arctic ocean so without thinking through the consequences. nothing like the gulf of mexico. it is very remote it is harsh as gale force wind and a sub of freezing temperatures. this presents challenges to drilling with the unique infrastructure i'd like prince william sound there is no infrast

this is exxon valdez crude oil collected 25 years after the date. >> reporter: they are still findingn shore and rick worked on the disaster and now cleans up spills rounds the world and transporting petroleum is risky and only one way to lower the risk. >> more oil produced and burned in the world since the exxon valdez oil than all of history to date so it's stunning and we have to get better at using oil more efficiently and transitioning to a low carbon sustainable economy. >> reporter: until that happens those that live in this spectacular place cannot help worry about another spill and the wreck of the exxon valdez led to safer shipping but effects still lingering and demand of oil growing by the day, the disaster lives on in the minds of many, i'm in alaska. >> reporter: a land slate in the u.s. state of washington killed 8 people and devastated neighborhood of 30 homes along a state highway and several injured and 18 more are still missing. with the football world cup weeks away brazil police are cracking down on drug gangs and focusing of the national airport and gabriele ale

three houses were so badly damaged, exxon knocked them down. most sat empty. even after an accident, this could be a long shot. if you look at the polls, two thirds of americans do support the keystone pipeline, and that number hasn't budged. it seems you are a minority. >> i think this is a topic in which people don't understand what it is, and it is always presented as we do this or we do nothing. that's absolutely not true. we are not going to run the society without energy. it's just how you think about it. >> he says the biggest issue is how tar sand oil is recovered from the canadian countryside. 20% of the oil is mixed in sandy soil lying just beneath the surface. it is spun in centrifuges to separate the oil from the dirt. 80% is trapped hundreds of feet below solid rock. steam is injected to loosen the oil. it must then be mixed with chemicals to make it flow to the pipeline. this requires 70% more to extract than traditional oil. >> this is a gigantic mining operation in the middle of nowhere. they want to take production by 2025 and more than double

amazing it's 25 years since the exxon valdez spill. you know what technologies they're using to clean up an oil spill, now in galveston pay or four years ago with bp in the gulf of mexico, the same technologies they used 25 years ago. this is an industry pouring billions of dollars into figuring out more and more intricate ways to get stuff out of the ground. what we've seen is they're not putting the investment to prevent or clean up. >> the innovation on the extraction side is amazing. everything that's coming out of the ground now because of unconventional oil, horizontal drilling, all this stuff 10, 15 years ago you couldn't do it at a price point that mattered, they've been amazing in that. they've been less amaze in figuring out how to get it from point "a" to point "b" safely. >> we have to be a little bit fair. in deepwater horizon, for example, they had to go back and had to renovate basically every deepwater rig that's out there in service. >> after the spill you're saying. >> after the spill, of course. it's, of course, beca

a deal signed on by exxon to trade access to billions of barrels of oil for expertise. >> exxon is going to russia for the opportunities there, and russia wants exxon because they believe that exxon can bring something that russia does not have or something that russia needs more of. >> reporter: the relationship gives them a foot hold in the west for exploration rights in the gulf of mexico. oil and gas are a linchpin of russian power and they're poised to enhance it regardless of u.s. foreign policy objectives. >> exxon usually sends a message that they disagree on policies. they're here to do business. >> reporter: the company's former korea lee raymond once said, quote, i don't make decisions based on what is good for the u.s. when asked whether the crisis in ukraine would impact its joint project in the black sea, exxonmobil representatives told al jazeera, quote, the situation is not going to affect our operations. a public stance that may not support the white house but which might make washington's job easier for now. >> i think they prefer the companies stay out of this conversa

and the exxon valdez oil spill 25 years later. and how about this: a very special concert from a teen's hospital room as she was seriously injured at the big music festival sout south by southwest. >>> first, a grim outlook for the washington state mudslide. >> i'm very disappointed to tell you that we didn't find any sign of any survivors and we found no survivors today. >> dprean confirmed death >> 14 confirmed deaths today. the ground started sliding in oso, washington just north of seattle. >>> a quick change in focus today at the world nuclear summit in the netherlands. president obama took center stage, talked about ways to isolate and punish russia for its takeover in crimea, the group voted to oust it from the g8 group. >>> officials are convinced the flight 370 crashed into the south indian ocean. search efforts have been called off for tuesday because of bad weather. before the storm mov moved overe indian ocean andrew thomas was able to get into one of the search planes. >> an object in the water. now on return pass a s

missing malaysia airliner and debris off the coast of australia and a quarter of a centsry after the exxonaldez ran aground, they are coping with an environmental disaster. ♪ so the court in egypt handed down what is being described as the biggest mass death sentence in modern history, 529 people accused of being leaders and supporters of the muslim brotherhood convicted and sentenced to death in the south of egypt last year and we have the report. >> relatives in shock, moments after the verdict was announced. it's the largest number of people to be sentenced to death by a court in egypt in world history. the 529 defendants may have been supporters of the deposed president mohamed morsi were accused of killing one police officer, seizing government weapons and damaging property when a police station in the town of batii south of cairo was attacked. [gunfire] it happened last august. at the time egyptians and security forces carried out raids on two large antimilitary protests sites in cairo. hundreds of people were killed leading to riots in other parts of the country. defense lawyers sai

this is exxon valdez crude oil collected 25 years after the date. >> reporter: they are still findingore and rick worked on the exxon valdez disaster and cleans up spills around the world and learned transporting petroleum is risky and only one way to lower that risk. >> more oil produced and burned in the world since the exxon valdez oil spill than all of human history up until that date and it's stunning and we have to get better at using oil more efficiently and going to a low carbon sustainable economy. >> reporter: until that happens those that live in this spectacular place can't worry about another spill, the wreck of the exxon valdez did lead to safer shaping and demand of oil growing by the day the disaster lives on in the minds of many. daniel with al jazeera in alaska. >> government statistics show 13 of 32 different wildlife populations monitored since the spill have fully recovered. back to the crisis in crimea, reports this morning that ukraine troops will soon be ordered to evacuate the region, with russia controlling crimea, ukraine soldiers still there have been put i

that spill is small compared to the exxon valdez disaster which happened 25 years ago today. the tanker struck a reef off lass, unleashing an estimated 11 million gallons of thick, toxic crude. we'll look back on that disaster in our next half hour. >>> china says its planes have spotted an object in the indian ocean that may come from the missing malaysian airlines jet. it is in an area where there could be possible debris. if it is from the boeing 777, one that disappeared two weeks ago, searchers may look for underwater drone to look for the plane's wreckage. >> these drones can go to much deeper depths, carry lots of extra gear and they can stay down for long times. so they'll be quite useful helping us find potential wreckage on the bottom of the sea floor. >> it's concentrating on a large area, 1500 miles from australia. bad weather may slow down today's search efforts. >>> president obama is confronting the crisis in ukraine today. he's beginning a busy week of foreign travel which includes meetings with mideast leaders and the pope. but the most important are allies t

is it blame because even though the name exxon is on the exxon valdez the oil from alaska has alwayseen british fifty percent of the oil and the pipeline take routes that's all british petroleum very responsible for the for preventing containing and cleaning up any oil spill sea. takers hit reefs all the time. leak oil pipes break that doesn't mean you use line six hundred miles of goals gulf coast line like in deepwater horizon or a thousand miles in alaska like in the exxon valdez what you do it's real simple tom it's a two step process you put on rubber around around it and you suck that is you put a rubber skirt call the boom around the stricken ship you have skimmers skimmer ships which take just suck up the oil it's real simple as long as you have the equipment the exxon valdez. it is a place called bly island british petroleum had promised in writing under oath promised again and again that there would be an emergency containment oil spill barge right there on bligh island it's as if there were a fire set in front of a fire house it should have been nothing you should've of ba

exxon, extremely disappointing. churl in illinois, cheryl?: boo-yah from pea y r illinois. >> you got great companies head quartered there. >> caller: what are you feeling on molly corp? >> no, no, speculative, stay away from that one. don't want you anywhere near that. william in florida, william? >> caller: boo-yah cramer. >> how are you? >> caller: blde? >> fuel cells, no, no, i mean, it just had a move i'm not going to endorse that stock. let's go to mark in pennsylvania. mark? >> caller: boo-yah jim. >> boo-yah mark. >> caller: i want your opinion on dgnx. there is misleading information and points i looked at were the new drugs, the hydro dose pro -- >> you know, look, there is pure speck play and if you like pure specs this is perfect. i think you're okay. as long as you understand that it's speculative. zack in new jersey, zack? >> hey, jim. big fan, boo-yah. >> caller: thank you, zack. what is going on? i'm 23 and new to the market. what do you think about nxp? >> sky works has the greater ability and cheaper than that. fran? >> call

. >> 25 years after the exxon valdez oil disaster. the impact on the can a alaskan wildlife. train derails in chicago and crashes into an escalator. >>> and in sports the race against doping. how kenya's reputation for world class runners has been hit by a series of failed drug tests. but first, more than 100 people are missing after a mudslide in the u.s. state of washington. rescue teams are continuing their search for survivors but nobody has been found alive since saturday. allen schauffler is live for us from arlington, in the state of washington. you were saying there were 18 people unaccounted for and now it's more than 100. >> reporter: well, the number is a little bit squishy right now. they're saying 18 unaccounted for, that was as of this morning. we're now being told that they have 108 separate reports or descriptions of people who may be missing. they say very specifically that doesn't mean that they have 108 people who are missing. but they have a whole series of different databases and lists of people who have been reported who might have been in this area that

. >>> it was 25 years ago today, the oil tanker exxon valdez hit a reef in alaska. credit are al jazeera's daniel lack has more. about the impact on the residents that still live there about. >> they didn't have this 25 years ago, a computer simulator. the decks appear to heave. there is no better way to practice steering and oil tanker. >> about as real as it gets without being in danger. although it's hard to convince yourself that you're not in danger. it's totally totally real. it is virtually real. >> reporter: when exxon valdez hit bligh reef, hundreds of thousands of gallons of crude hit the shore line. quarter century after the unthinkable happened, the waters look clean again, the scenery as splen did i as ever but problems -- splendid as ever. but problems with environment and humans. fish stocks collapsed. bobob lynnford, needed a transplant to restore his health. >> i got what turned out to be an autoimmune disease, my bone marrow failed, aplastic a19 ya, 16 years of ill -- anemia. >> credit she helped rescue hundreds of sea otters from the spill. thousa

>>you also think that chevron and exxon are deeply diversified companies so they can be in your view a better play. >>right. i think investors really need to analyze and assess and reassess their energy portfolios. there's been a lot of moves in the second and third tier companies in u.s. production which is great but there's actually a glut of u.s. production. alternatively there's been a little bit of a disatisfaction with the big projects of exxon and chevron internationally but given what's going on overseas in europe that's going to pay off especially for chevron which has a $50 billion lng project in australia. it's gonna start increasing their production over the next couple years. more actually than exxon which is mired a little bit in a big project with russiawhich of course creates some uncertainty there. >>good to talk to you matt. you have some good insights into these things. thanks so much. >>thanks bill. you are now set for the business day ahead. tomorrow morning...wall street is bracing for the latest flood of corporate earnings - and it could get ugly. we'll tell yo

missing malaysia airliner and debris off the coast of australia and a quarter of a centsry after the exxon valdez ran aground, they are coping with an environmental disaster. ♪ so the court in egypt handed down what is being described as the biggest mass death sentence in modern history, 529 people accused of being leaders and supporters of the muslim brotherhood convicted and sentenced to death in the south of egypt last year and we have the report. >> relatives in shock, moments after the verdict was announced.

. >> 25 years after the exxon valdez flushed oil into the prince arthur sound, there's a new concern along texas. >> the deadly shooting of a homeless man has been added to an investigation of the albuquerque police department. >> on tuesday: s >> monday marks 25 years to the day when the exxon valdez oil tanker ran aground off the coast of alaska causing an environmental disaster, an incident that reverberates in the business and environmental communities. yet spills on a smaller scale continue to happen with some regularity. this past weekend a fuel oil spill has shut the shipping channel between gall vass tonne bay and the gulf of mexico. >> we intend to protect the public from exposure to the oil. we'll remove the oil from the environment, protecting sensitive environmental areas before we move the oil. >> we talk to the author of "disaster on the horizon - high stakes, high risks and the story behind the deep water well blow out", how big, bob, is the fuel spill and how significant might the impact be? >> this spill is considerably smaller than the bp blow-out that happened in t

exxon by the way has a 50-year plan according to a lot of my pro friends who follow the oils and exxono big to get the job done right now? does it have to split up? what does it have to do? exxon doesn't have growth in a market starved for growth. >> liquids production up 2%. 4% over the subsequent couple of years. but cap-x was $42 billion last year. >> right. >> it's going to 39.8. >> and still saying record number of oil and gas prices and they talk about ukraine and involvement there. exxon has what some people want at home which is a steady flow good dividends, good buyback but not mutual funds. they don't want that and hedge funds particularly don't like hedge funds. >> gm mary barra taking the reins of what is turning in to be a persistent problem. >> gm charitable trust owns it technically you look at breakout. goldman sachs say this is it this is the time to buy. there's a lot of talk about cash flow being very big. here's the key thing you need to know about gm. as rates go higher okay this stock goes higher because they have a big pension obligation and it cuts back the pens

exxon has been there. rex tillerson -- exxon is coveted by russia.hey will never get thrown out of russia. if that's why you're selling the stock, that's not the right reason. if you're selling because the stock is fairly priced, good move. i love exxon at 84. i don't love it at 95. >> next up, pop mania, seeing step losses. the geography is unfortunate. >> it closed the low of its moving averages. i would let hovnanian. k.b. homes was unfairly hold off the back of hov. they don't share the same risks. i saw guys buying versus selling. >> next up, steve balmer making an appearance at the university of oxford. listen to what he had to say about his former company and apple. >> empowering technology for all, that ought to be a brand proposition, if we run the company correctly, can last 20, 30, 50, years or more. i had a bunch of guys at microsoft, we were going through angst five or six years ago. what do we want our brand to stand for? apple's had a good run recently. and apple's, quote, cool, unquote. unquote, quote, your choice. >> if the company w

exxon is dividend mizeer when you look at it.rse than 10-year treasury but payouts are 25% annually of total profits. you can get dividend -- david: put a fine point on it. dividend of these companies, sea brill and transocean, double that of big oil companies? >> yeah. if i recall correctly on today's pricing, five to 10% respectively for dividend on these companies. i don't think there is lot of growth there i think there is stability, not a lot of growth. if you invest in a company like this you certainly want dividend coming from that what is the point of investing in tobacco company with a 2 1/2% yield, right? sandra: jeff, i think the to be sure i think is the global picture for oil. while our demand is waning last couple years because we've gone to alternative sources, globally the iea, international energy agency i'm seeing here is boosting 2014 global oil demand picture. exxon, chevron, may i remind everybody, they're u.s.-based companies and they operate globally and their margins largely come from outside the united st

exxon is one reason why. economic data this morning was disappointing.ther we are talking about isn which givesthe edp us a snapshot into what the jobs outlook might look like. >> what we have seen month after month is the edp report trending because the economy is creating fewer jobs in america. : noah's ark for seed. you just hope we never have to use it. ♪ >> live from bloomberg headquarters in new york, this is "marketmakers" with eric chapter in stephanie rule. >> good morning once again. i'm eric schatz care here today with scarlet fu. the u.s. supreme court is hearing arguments today. the case of the year. halliburton could cripple or destroy the securities class-action industry. an industry that is recouped almost $80 billion from public companies over the past two decades. to time warner, to rogues gallery of fraud. the lead counsel on one of the biggest security class actions of all time that is recovered $10 million for plaintiffs. he is now the head of conflict litigation groups. it is very easy to talk about this in world ending terms. from

three houses were so badly damaged, exxon knocked them down. most sat empty. even after an accident like the one in mayflower, defeating keystone could be a long shot for steyer. if you look at the polls, 2/3 of americans do support the keystone pipeline, and that number hasn't budged in the last two years. >> it really hasn't. >> seems like you're in a minority there. >> i think that this is a topic in which people, a, don't really understand what it is and b, it's always presented either we do this or we do nothing. that's absolutely not true. we are not going to run the society without energy. it's just a question of how we think about it. >> but keystone is just part of the problem. steyer says the bigger climate issue is how tar sand oil is recovered from the canadian countryside. 20% is mixed in sandy soil lying just below the surface and is strip mined and spun in centrifuges to separate the oil from the dirt. the remaining 80% is trapped hundreds of feet below solid rock. steam is injected underground to loosen the oil and it is pumped out. the thick t

three houses were so badly damaged exxon knocked them down. most sat empty, even after an accident like the one in mayflower, the feed in keystone could be a long shot for steyer. you look at the polls, 2/3 of americans support the keystone pipeline and that number hasn't budged the last two years. >> it really hasn't. >> seems like you're in a minority there. >> i think that this is a topic in which people, a, don't really understand what it is and b, it's always presented either we do this or we do nothing. that's absolutely not true. we're not going to run the society without energy. it's just a question of how we think about it. >> but keystone is just part of the problem. steyer says the bigger climate issue is how tar sand oil is recovered from the canadian countryside. 20% is mixed in sandy soil lying just below the surface and is strip mined and spun in centrifuges to separate the oil from the dirt. the remaining 80% is trapped hundreds of feet below solid rock. steam is injected underground to loosen the oil and it is pumped out. the