doesn't exxon-mobile it. president obama may need a someone to bash. >> oil companies have made more than they've ever made. >> exxon pocketed nearly 4.7 million dollars every hour. >> nobody is doing better than exxon. >> well, you know, all of that bashing is apparently working, eon mobile is no longer number one in the world. for the about first time ever, ever, the oil company on earth is not from the u.s.s., it's from china and while we have a problem with companies pumping out oil in this country. apparently, we do not have a problem with companies like petro china pumping it out in theirs, china is winning, we are losing and meanwhile, gas prices, well, they use keep soaring. >> charles payne, adam lashinsky, and ameleamilya. >> this week was really over the top. deliberately confusing the difference between the dutch and subsidy, and tossing in the idea that kids are held hostage in the same speech from the rose garden and you know, suggesting that somehow, exxon-mobile is really not part of america, w

exxon mobil, conoco phillips and b.p. reportedly would ship production from the field to a planned facility on alaska's south coast. alaska had threatened to revoke the companies' leases in the region because they had been slow to drill there. all three of the oil stocks gained ground on that pipeline news and may have also gotten a boost from higher oil prices. oil futures spiked earlier today on word president obama is moving ahead with sanctions against iranian oil buyers. the president decided to forge ahead with the sanctions, saying there was enough oil in the world market to allow countries to cut iranian exports. in new york trading, may crude futures gained about a quarter to close at $103.02 a barrel and are up nearly 6% this quarter. and, that's tonight's market focus. >> susie: our market monitor guest says the second quarter will be a good one for stocks, if you look at wall street history. he's sam stovall, chief equity strategist at s&p capital i.q. always a pleasure to have you back with us, sam. >> thank

and exxon mobil in particular over the last few years has invested over $16 billion in qatar in the gas sector alone has fueled a lot of the wealth for the country, but the leadership in the country understand that the wealth in gas needs to be diversified from upstream to downstream products. there's been a tremendous emphasis on the development of petrochemicals and other kinds of related industries in the carbon sector. in pack while qatar has been producing 9.5 million per year in the petrol chemical sector. it hopes to reach 23 million tons by 2020. that's its goal. so, again, while not totally moving away from the hydrocarbon sector, but making sure that they are producing downstream products that increases the value chain for production and also diversifies uses within their country and markets outside of qatar. now linked to that is a way of looking at the country away from the carbon sector ask how to make themselves a center through education and for the education where i'm proud to say education city hosts six major united states universities there with branch campuse

the koch brothers put all this money into this why are the rise big oil found in the us we know exxon mobil played a big role in this why well you know i guess at some basic level. if we you know except the fact that our current addiction to fossil fuels on is having a very real cost to us a cost that sometimes hidden but it's the cost to our environment it's the threat to our future to the future a future that the earth that our children and grandchildren will inherit to be will see the most severe impacts of climate change they are the ones who will have to deal with the legacy of what we're doing today the fossil fuels that we're burning today and i think it's that recognition that if we accept that this is a threat that we have to deal with and we have to transition to cold turkey a transition to get away from our reliance on fossil fuels it's understandable there are certain vested interests who are quite happy with the status quo they are profiting greatly from our addiction to fossil fuels and they don't really want to see that change and unfortunately rather than having that good fa

this morning we'll hear from the ceo of exxon mobile about this. >> and it's scary when you kids get sick and you're not sure why. one couple knew something was wrong with their 3-year-old. she had swallowed not one, not two but 37 magnets and was in desperate need of surgery. she'll be here with her parents. >> they must have been frightened by that. and also this morning an internet campaign that keeps growing. we told you about kony 2012 on thursday when it had more than 20 million hits on youtube. this morning it's up to 50 million hits. this just in the past few days. with the publicity comes good news for the creator and his organization. he'll be here live for an interview. >> we begin with the economy and what we can expect from the jobs number this morning. jim cramer, host of cnbc's "mad money" is here. >> good morning, carl. >> jobless claims for unemployment. close to a three-year low. do you think the good news will continue today? >> i do. the data indicate it s the firi are going down and hirings are coming up. that's what we need for a good number today. >> we're mana

that's chevron and mobile and exxon. >> we're in a political camp right now. and the republicans as well as democrats are hand ringing over the price of gas. >> and blaming each other. >> they blame each other and obama. let's go to the president, the most powerful force. does he have much impact at all? >> i think he does relative to the policies that we all adopt and live under. so i think when you're talking about volatility in the market, you want to try to find how you can make things as certain as possible. you want to take the uncertainty out of the equation. if you have uncertainty, you have uncomfortability. so you want to use all the resources at home. you not only make sure you have a secure supply, but you bring jobs to the economic recovery of the u.s. then you also look around for partners that are more stable. canada is the biggest exporter of crude oil to the united states. >> bigger than saudi arabia. >> way bigger. mexico is next. saudi arabia is next. but canada is our partner. so they will develop their oil source and they will sell it to s

only microsoft , exxon mobile, civico, and general electric have ever surpassed that work.company is now worth more than many countries, including saudi arabia. and the stock is going for more than $540 a share. micosoft unveiled windows 8 for public testing today. microsoft also opened a new windows store. it will be the marketplace for all windows 8 apps. for now, the apps are free to download. microsoft hopes its new products will help the brand win back some of the luster it's lost to apple and google in recent years. >>> the warriors look to keep the hot hand tonight. >>> and battered but not beaten. that was the story of jeremy lin tonight. bay area ! here's big news from verizon wireless and xfinity from comcast. now get the xfinity triple play and verizon wireless together. call 855-704-7400 to sign up and get a free smartphone. choose one of our hottest phones. verizon wireless and xfinity. tv, home phone, internet and wireless together. >>> all right, good evening, everybody. warrior owner is putting it out there again tonight. he is willing to do whatever it take

the foreign land of america and ten exxon mobiles or a cube of gold that will fit in your big backyard right now the backyard is filled with gdx because i like the miners play in the space. >> i don't like it. i'm sure it's going higher. >> let's talk about gold more. off the 2012 low. not back to record high of almost $1,900 set last august. there are still plenty of gold goals in the market. bob pisani sat down with a dallas based hedge fund manager to talk about that precious metal. >> good to talk to you. i did sit down with kyle bass who says gold is a lot higher to go. he's a big backer of taking physical possession. physical delivery of gold bullion. these are pure gold. they weigh about 400 troy ounces a piece. let me hold them up. that's about 27 pounds believe it or not. we'll get you to try to guess with what's going on with the weight and price. this is standard weight and purity of the gold bars in the world. it's a london good delivery bar. kyle bass relies on these requirements when investing in physical gold. bass advised the university of texas recently to take physica

check out the exxon mobil at 13,820 smoke town road in woodbridge, virginia. first 50 drivers can get up to $20 in gas and this event begins at 10:00 a.m. >>> how about a trip to cabo san lucas? mexico? google offers is featuring a four night stay at the los cabos golf resort for $275, there is a discount of 83% and includes two rounds of golf and a $50 dine-in credit. the normal price for this trip is $1,650. >>> and best buy is offering a sony blog duo 4 d hd flash memory camcorder. you're saving 41% off the normal price and this deal includes free shipping. if you have an offer you've seen or you're a local merchant with a deal for the viewers, i would love to hear from you on facebook. i'm jessica doyle, 9news now. >>> the pope left italy this morning for a two country trip to latin america. he arrives in mexico this afternoon. monica villamizar has more. >> reporter: pope benedict used the cane to make his way across the tarmac as he started his pilgrimage to mexico and cuba. aides say the walking stick helps the 84-year-old feel more secure. it's the pop

i think if you take a look at exxon mobil, really my lifetime is the best managed company in the worlde are valuations once again as we talk about equity valuations around the world that are kind of ridiculously cheap given the uncertainty and unrest around the world about what's going to happen to oil and where the price of oil is today. i think natural gas -- we've got these dislocations that make sno sense. we're going to have to spend more money on energy. it's going to be a continued problem in the future. so i think exxon mobil these stocks have to have a reason not to own them if you don't own them. >> gentlemen, have a great weekend. good to speak with you. >> thank you very much. >> thanks, sue. thanks, ty. >> one analyst said the next stock could hit $2,000 in the next two years. coming up next, what to do with priceline? higher again today. buy, sell or hold it? >> and a bit later, talk about a wrong number. wait until you hear the tally of cell phones lost just last year. it's pretty stunning. who have u, there's big news. presenting androgel 1.62%. both are used to treat m

exxon mobil was the top performing stock in the dow. the oil giant and a major turkish energy company reportedly are in talks to explore for shale gas in turkey, an area rich in recoverable shale gas. exxon shares rose 1.5%. meanwhile, financial stocks bucked the market's up trend today, amid worries about the fed's latest evaluation of the banking sector. still, some analysts are urging clients to be on the look out for dividend increases from those banks that pass the tests. j.p. morgan chase, wells fargo and citigroup are considered among the strongest capable of weathering another economic crisis. but shares ended mixed. turning to a couple of foreign buyouts: shares in zoll medical spiked almost 18%. almost 24%. on word it's being acquired by japan's ashai for $2.2 billion. zoll will run as a separate unit, expanding asahi's u.s. healthcare operations as it seeks to diversify its businesses. china's largest online video company youku said today it's buying china's number two online video firm tudou holdings for over $1 billion in s

you liked coca-cola then up 5%, sdpu liked exxon mobil up about 7%. of course, this is without dividends. you still like these two? >> we certainly do. >> tom: disclosure? do you center a mixed health care, consumer and energy stocks. >> we own them all. >> tom: that's good to hear. you eat your own cooking. randall, always good to see you here. let's hope we continue to see the rally as the first quarter comes to an end. randall eley from randall and lomax. >> susie: the deadline for filing your federal taxes is less than a month away and we're here to help. all next week, kevin mccormally joins us with his best tax advice. he's editorial director of kiplinger's personal finance. and he's taking your tax questions at nbr.com/tax tips. and finally tonight, it's our friday feature "lou's been thinking." tonight, lou's been thinking about an emotion that can surprisingly drive us to greater things. >> i've been thinking about being scared. not the bad kind of being scared-- snakes, suspicious people following you, relatives who stay at your home too lon

shareholders own exxon mobil. this is not a mr. exxon mobil.ou've defended grover norquist in the past who has made it clear he wants no tax increases. you and i have had this discussion. if you're going to put me in the box -- >> you're mischaracterizing my position. >> you've done that with me then. exxon mobil is owned by shareholders, other oil companies. where they do wrong, we should take them on. but if we want to reduce oil prices, reduce gas prices in this country, we can't have it both ways. we can't only say we're going to cherry pick and be about the energy sources we want to support. i don't want to be put in the box of supporting oil companies. >> you did a good job. you talk about iran. let's get there. tensions in iran are looming over energy costs with heightened concerns with an -- >> you're going on and on, harold. >> stop it, boys. >> you were afraid you gave somebody a 30-second tv ad in a future campaign. >> harold ford loves big oil. that's right. while grandma pays $6 a barrel, harold ford wants them to get more. >> conc

if it's more than $7 million in annual revenue come from wealthy conservative donors look b.p., exxon mobiland industry trade organizations. ales legislative priorities included "privatize education break unions, deregulate major industries, pass voter i.d. laws." a look at voter i.d. laws demonstrates the organizations effectiveness. 34 states have introduced voter i.d. bills. in 2011, seven states signed them into law. the brennan center for justice estimates that 11% of americans don't have photo i.d.s. these laws could disenfranchise those voters in the upcoming election. the more they can control who votes, the more republicans they can elect who share that conservative agenda. this bill mill is in overdriver according to alec's web side claiming: >> but some progressive state lawmakers fighting back. just this year, representatives in wisconsin and arizona introduce the legislation they hope will expose the inner workings of the american legislative exchange council to the public. in january arizona representative steve farley introduced the accountability act of 2012. he urged the ho

analysis, the consumer federation of america, and we can certainly get you the testimony that led the exxon mobile ceo to offer the judgment of speculation that increased the price a barrel of oil by $20, and i would like to hear from you four recognized authorit whether you think those three studies are off base, because i'm stipulating to the fact that i think iran's a tipulate trying almost daily what's happeningnc hard to walk away from these judgments from three people who have spent a conra of whom conc there is a significant speculation premium. so the door is going to be open to you, and would be very interested in your reaction. gentlemen, if you have something you feel strongly about, i'll let you offer it, and, otherwise i think we've got to wrap this up. >> on that, i would be very happy to get with all three of those organizations on that point, because i believe they're wrong. have ot the drift on that the impression that those views represent the majority of views or the ken senconsensus among o faulty analysis. >> that's why you are being welcomed to show us li saeos ar. all right.

we can only imagine what our nation would be capable of if our coal and oil barons ed massey and exxon mobil and chevron were to put aside their thirst for more instant profits cut back on their lobbying for more and more subsidies and actually work with all of us to invest in the future of america since one of our national pride our desire to leave a better planet for our nation to arctic and nation city to our kids get replaced by the singular goal of maximizing profits for today's c e o's the really sad part of this is we had the jump on germany more than thirty years ago when president jimmy carter put solar panels on the white house and introduced a comprehensive energy plan to get america off its addiction to foreign oil and on to renewable energies here's what he told the nation in one thousand nine hundred seventy eight. we simply missed. the move. but i reckon it's reaping resources. and i think the we can control the future instead of good in the future because we've always been proud of our leadership in the world and there we go which is again to give the world a positive example

takes the number one spot in corporate taxes, exxon-mobile loses its number one spot as the top oil producer to a chinese company. and now, someone on the cavuto gang says all the oil bashing from the white house is back firing. and neil's gang is on it at the bottom of the hour, first, what government regulators are doing right now that could have gas prices speeding to $6 a gallon by the end of the summer. . >> if you believe the mayan calendar, on december 21st, polar shifts will reverse the earth's gravitational pull and hurl us into space and would render the retirement planning unnecessary. let's say the sunrises on december 22nd and you still need to retire, throw in up to $0 when you open a new account or roll over an old 401(k). so who's in control now, mayans? when you open a new account or roll over an old 401(k). we've got to protect the environment. the economists make some good points. we need safer energy. [announcer:] who's right? they all are. visit powerincooperation.com. ♪ why do you whisper, green grass? ♪ ♪ why tell the trees what ain't so? ♪ [ all ] shh! ♪ whispering gr

the refinery in the exxon mobil facility, 92% of the workforce is saudi and it's blue collar, white collar so it's hard to say that the challenge in saudi arabia is a bloated public sector and saudis represent 90% of the public sector into 10% of the private sector and the reality of the situation like that is the government becomes the biggest obstacle toward developing the private sector in entrepreneurs and small and medium enterprises. >> that really is the challenge with diversifying the economy and they're tackling it, but, you know, you look at the sawedization issue today and it's good they're targeting jobs and the expectation is that you go get a job, but when you target third country nationals as your problem you essentially identify the solution as if we're going to solve the california unemployment problem by sending all of the mexicans back so there are more strawberries to for americans. you have to create new industry, new earn prizes. it's all about technology creation and new industry with this hugely educated educated yn coming of age that you bring in at entry level man

he said that exxon mobile made $16 billion profit. paid no income tax. got a $6 million tax refund. we also know that caterpillar paid no taxes. ge paid no taxes. you want to lower the tax rate? >> wayne, let me add to the conversation. tax rates hit ten-year low. >> that was the article i was referencing earlier. it points that the effective tax rate is 31.5%. the examples cited. we have a lot of companies like net operating losses and carry forward. exxon pays billions of dollars in royalties and other taxes. that isn't the whole story with them. but companies that have losses, general motors has losses as far as the eye can see from the past. those are still being applied to lower current tax bills now that they are showing record earnings. it is somewhat the case in airlines or was the case in the steel industry. but what we're saying is for that marginal rate and the next investment dollar decision is up, where do you put it? we are saying we should have an environment in this country. take canada. they have a corporate down to 15%. they have a more valuable research and develo

unless they get a phone call from their paymasters in the oil industry like the koch brothers or exxon mobil then of course rather than updating our water pipelines they want to build a new oil pipeline that red china was speaking rather than renovate public schools they want to close public schools and they want to let for profit corporations make money educating our kids rather than fix seventy five thousand structurally deficient bridges that millions of americans drive across every day and want to give more massive tax breaks to millionaires and billionaires and last time i checked millionaires and billionaires are investing their fortunes and building bridges across america but most disturbingly beyond ideological politics are the role of government republicans are against these crucial infrastructure investments because they don't want the economy to improve they know they know that if they pass legislation to move america into the twenty first century with the new smart energy grid with new water pipes with new high speed rail systems and millions of americans will be put back to work

group would be harmed by it and that's the multibillion dollar trans national oil corporations like exxon mobil shell koch industries and b.p. but considering that the five largest oil corporations in the world made over a half trillion dollars five hundred billion dollars in profits over the last five years which is profits collecting twenty billion dollars in subsidies from taxpayers like you and me and spending twenty million dollars in campaign contributions most of it going to republicans player who are denying climate change are as of the things that the oil company wants plus another one hundred fifty million dollars they spent on lobbying here on capitol hill i think those well companies can afford to take a slight hit to their profits tree especially for the well being of the rest of the united states of america it's time for us to stop having the big oil companies determine our nation's trade and energy policy and look at what other national governments that haven't been bought off by corporate interests are doing to boost their economies it should be about protecting our nation inste

of coastline exxon mobil has spent roughly $4 billion to clean up that spill and is still facing lawsuits the boom town mystery has been solved. scientists say that they have figured out what caused all of that strange booming and rumbling noise that has rattled a town in northern wisconsin people in clintonville complained about the noises on tuesday and the u.s. geological survey went to work discovering that the area had a small 1.5 milk magnitude earthquake plus several aftershocks since wisconsin does not get in here earthquakes of any magnitude it does not have much earthquake monitoring with today's business headlines ... chicago is a hot spot with gas prices ... but things may decline in may. $5 gasoline is most likely not in the cards according to some experts ... the demand will diminish if the prices flat note analysts say not to count on the illinois housing market to rebound any time soon ... if you hand over the deed to bankamerica in new york arizona or nevada a pilot program will take the deeds of homeowners that are under water and rent the property back to them for a lim

so i think exxon mobil, other major oil companies are doing very well. i don't even think they would argue with that statement. and they certainly don't need these subsidies from us. >> but the administration has often talked about the way the chinese have been investing in things like windmills and solar. they're also investing very much in fossil fuels. in fact, about 86 percent of the shares of this company are held by the chinese government, so isn't the chinese government doing that? >> well, i'm sure they are. but this is not about -- there is not a market reason for us to subsidize oil and gas companies. major oil and gas companies in this country are doing extremely well, making record or near-record profits. they do not need, as an incentive to drill and explore, billions of dollars in taxpayer subsidies. so i think that's a principle that a vast majority of the american people can agree with. unfortunately, even though a majority of the senate agreed with it, because of the rules in place, you need a super majority. and unfortunately, the vast

speculation has a lot to do with it and those conclusions come from the likes of goldman sachs exxon mobil a analyst from oppenheimer and company anywhere between they estimate between twenty two and thirty percent of the cost of gasoline is due to speculation people who are. not going to use the oil but are just all street gamblers like we saw in the housing market and and so that means that as someone who owns a small compact car could spend as much as seven dollars and thirty cents more at the gas because of the speculation when they fill up their tank when most americans hear about speculation you know their eyes roll whereas the slogan drill baby drill is really easily understood i mean is it's a basic bumper sticker slogan hadia when this debate when you're. or democrats in general when this debate when you're using you know logic and truth but you're using words that aren't so familiar and the other side is using slogans that people think they understand well because when you talk now about wall street speculators i think people get enough of the sense that that's what's going on th

really want someone to blame for rising gas prices blame or called brothers and executives the exxon mobil and shell and blame wall street which is again throwing itself full bore into oil speculation spending hundreds of billions of dollars betting on futures and creating artificial demand further jacking up the price of gasoline just like they did in two thousand and eight that's the real story behind rising gas prices in america but there's something else going on here that we need to address and that's this the united states is quickly becoming the world's dirt pit we're the nation where the dirty work of refining crude oil and turning it into gasoline and jet fuel is don't work that inflicts tremendous damage on the environment and the health of our population is the kind of work he expect to see in the slums of developing nations where there aren't regulations or strong governments looking out for their people it's not what you would expect to see in the united states but thanks to thirty years of coddling oil corporations giving them subsidies and tax breaks and not seriously cracki

phillips exxon mobil and royal dutch shell made record profits of one hundred seven thirty seven billion dollars and many of those companies pay a lower tax rate than the average american and in two thousand and nine exxon actually paid zero taxes even though they made over forty five billion dollars in profits. not to mention threes point out some of the problems with paul's logic here the tax breaks that the oil industry enjoys our corporate welfare so by asking them to actually pay their fair share of taxes instead of getting to use loopholes that amount to welfare something that someone of paul's ideology normally would be opposed to well that's not punishment it's bringing things back to where they're supposed to be but now a big part of paul's argument is that we shouldn't be penalizing the job creators. your company employs nine point two million people we don't need to heap punishment on them we need to give them encourage men to employ more people. fortunately for paul the oil companies don't exactly employed nine point two million people the entire industry including minimum wa

the american taxpayers forty billion dollars over the next ten years includes oil companies like exxon mobil that made a forty one billion dollars profit last year but paid a mere thirteen percent corporate tax rate is around the asking. so just how detrimental use our nation's commitment to big oil especially when other nations around the world are doubling down on clean energy joining me now is miles graham blogger of the national wildlife federation miles welcome tom thanks for having me great to have you with us first of all does the vote this house in the senate they surprise you it doesn't surprise me at this point to me you know at a time when the you five biggest oil companies and that's all we're talking about here to cut subsidies from the two point five billion just those five companies made one hundred thirty seven billion in profit last year alone i think they consider that you want it will be a hundred thirty five thousand million i mean it's thirty five million mind bogglingly yes it really is and. that's the well actually i think the killer question is what could we have done