bpoena to get halliburton, the company that pioneered fracking, to respond. fracking chemicals are linked to bone, liver, and breast cancers, gastrointestinal, circulatory, respiratory, developmental, as well as brain and nervous system disorders, and they are in frack waste and may find theiway into drinking water and air. and it gets worse. today, waste from pennsylvania gas wells, waste that may also contain unacctable levels of radium, is routinely dumped across state lines into landfills in new york, ohio, and west virginia. new york does not require testing waste for radioactivity prior to dumping or treatment. so drill cuttings from pennsylvania have been dumped in new york's chemung and other counties since 2009, and liquid waste is shipped to treatment plants in auburn and watertown, new york. it is ironic that new york state, the first in the nation to put a temporary hold on fracking, pending a safety ew, nevertheless alther states to dump frack waste within its boundaries. how radioactive is this waste? experts are calling for testing and are conc

right. >> but a tox chemicals is not the only wonent in frack wastewater. critics argue it could contain far more dangerous substances. >> these shale deposits are rich in radium, radium 226. the l lel ofofradium in n the marcelis taes the safe disposal at, meaning that 'o tere's alsso--there's anecdotal evidene that these frac fluids will leach uranium out of these shale dedeposits. there's also r radon in these shale depeposits. so in addition to the fracking fluid, which we know is toxic, the frac flowback leaches radium out of le. e shae radium is carcinogenic, and that's something g 's being introduced to the surface in a ill tt wasn't there bef >> as the profile of the potential dangers of hydraulic and experts are becoming ecreasingly concerned by the ansion of fracking. hiback wh expensive ads, p. campaigns, and high-level >> itit'it of b.s., of f p.r., of ads, and payof to poliliticians is extraordinary. the return on investmenent of paying off f a politician,un discrediting critics is--it's one of the b best investments that the indusustry can mak

giving them the right giving them the right to frack for to frack for plastic i mean they're an ass i mean they're an agent of pollution invasion of pollution given the right to a monster to frack for plant the right to a monster to frack for plastic that is the writing on stick that is the writing on the wall since joe started the war since joe started complaining against complaining against fracking the number of people in this case the number of people in this country who are fracking country who are fracking has risen to about has risen to about eighty percent is the gas eighty percent is the gas it's been difficult to calculate our government difficult to calculate our government is empty papal mantis empty papal stuff that's what i'm sort of saying listen it's not not is it's pro wrapping up a show more than psalms. the papal n.e.o.'s didn't get back papal n.e.o.'s didn't get back to us in time for. the specific allegations the specific allegations made. what what is not is now. now happening about in just happening about injunctions actions and laws and law against against prot

range resources is the company doing the fracking. they're very deliberate about how they deal with the community. there is a moment that feels like a metaphor and it's early in the book when it is clear that harley has arsenic poisoning. they meet with some of the representatives from range resources, while they are there one of the representatives suggest a harley maybe he got arsenic poisoning from woodwork classes in high school. there is also a guy sitting there in the meeting with his gofeet up on the desk scrolling through his cell phone. stacy and her son are there to talk about the metal poisoning that has been so critical that the local doctors now testing everybody for metals. >> that moment has shaped harley's life. in the course of reporting in the book, harley went -- harley was sick, he still wanted to go to college and become a veterinarian. by the end of the book, he has given up on not just medical school but college also. he also wanted to go into the military but because of his illnesses he did not think he would b

to frack for plastic that is the writing on the wall since joe started complaining against fracking the number of people in this country who are fracking has risen to about eighty percent is the gas difficult to calculate our government is empty paypal that's what i'm saying it's not it's pro rob a sure monster and it's empty paypal any of us didn't get back to us in time for these specific allegations made here what is now happening about injunctions and law against protests against this this in. the fracking of st i learned plastics i mean any of us to have been gaming the british legal system in order to obtain this injunction and then injunction that they. brought in a secret court hearing where no one was able to go and represent themselves no one was able to go and put a different point of view they were managed to obtain through the chant so we call the business call the do not specialist in human rights issues just one of the reasons why in your sim i believe took the case to the to the chancery division. they convince a judge to effectively give them the most draconian inte

monster to frack for plastic that is the writing on the wall since joe started complaining against fracking the number of people in this country who are amfi fracking has risen to about eighty percent is the gas spec difficult to calculate our government is empty paypal that's what i'm saying it's not it's pro rob a shell monster and it's empty paypal any of us didn't get back to us in time for the specific allegations made here what is now happening about injunctions and law against protests against this industry the fracking of cereal and plastics i mean any of us. have been gaming the british legal system in order to tying this injunction and their injunction that they brought in a secret court hearing where no one was able to go and represent themselves no one was able to put a different point of view they were managed to obtain through the chancery call the business called the do not specialist in human rights issues is one of the reasons why in your sim i believe took the case to the to the chancery division. they convince a judge to effectively give them the most draconian interim in

and it can be to frack's in the same layer of rock, and two fracks in a different layer, it all becomes big reservoir. enter pioneer national resources. plans.d big crack -- it they are ramping up its 3.0 plus well, on track to bring 45 point 3.0 online in the first year, and operating 24 is on the rigs in the basin, and targeting production growth of 24%. can they sidestep the parent-child problems plaguing other companies? what is the plan? i recently caught up with tim dove about the performance of his version 3.0 plus wells. tim: they are well outperforming what we used to call 3.0. right now, our spacing is 750, 800 feet. we can drill six wells in a zone in each section, and we are drilling multiple sections. alix: were the results consistent? tim: very consistent. we have seen generally 40% to 70% uplift. they do cost more because in general, you are adding more sand, water, so on, but we are saying the completion, even though it costs more, pays out very rapidly because the proliferation of the production from the wells. alix: in a one-mile section, how many wells do think you ca

and with fracking you have the same thing.people who have chosen, really deliberately chosen to live out of the way, right? people who really do prefer to keep to themselves. and suddenly they're overrun not just by the forces of industry, but by journalists like me who are coming to knock on their doors. >> right. and one of the things that's kind of interesting to me and then i want to -- well, one of the things that's interesting to me is there's a lot of distrust, obviously, towards government from these people. a lot of distrust towards outsiders. but one of the things that surprised me is with the exception of stacy and her neighbors, the people were very accepting and trusting of range resources, this company that came in. you think that's simply because of the money that was exchanged hands? >> i think it -- well, first of all, range has many supporters in the area. and i write about them pretty substantially in the book. who still support the process. and range has brought in jobs as well as some support for local non

fracking isn't going act. it's going to continue to grow. they make a lot of money on it, so this is a smaller, again, tactical play. this is not a long-term hold. this is one you're in while and you've got to get out. >> all right. what abosynovis energy? >>t they are j like amazon. when you're talking about amazon, people thought it s super-pricey, but they had cornered the marketn something. this is the same story. they can pulln canad oilsands out cheaper than anybody else, in the 30, $35 a barrel range. again prices will be in 60s a 70s for some time. they can make more money. they divested, and before they had to hit 50 something a bare, now they're 30 something a barrel. they're going to profit more than their peer they can do something cheaper, more efficient than their competitors. >>> and ilsolaris field infrastructure. >> back to the fracking play. the infrastcture and technology that's involved in it, they're the backbone for that whole industry. that's probably the safest of the bunch. that's the one that will be around for a lo

techniques more widely known as fracking. and sticking with energy oil prices went through the air as we went to the air we're sixty six dollars in that sort of trading range while brant crude at london was trading in the mid seventy five's and the u.s. government reported a larger than expected reduction in domestic crude supplies which was the largest single week drop since the end of march however recent data shows an increase in opec production here discuss all of that and more as futures and currencies expert simpler trading hoarder welcome back thank you so much we always preceded when you're here what do you make of the current situation with prices thanks i love being here and today it's been a very interesting day between tweets and we've got an opec meeting closing in interestingly enough in the meeting we have coming up right now all sits at lows it's sitting at some interesting lows at the moment and i do see higher highs coming after the meeting and that meeting of the opec meeting coming up on whatever the end o

$8 above wti because it is a sea born crude it is about a $20 difference we are shifting rigs and frackrews as fast as we can. >> literally because you have these greet eagleford assets, you would make more money if you just had permian >> down the road permian will have more and more drilling locations because it is a high column. >> but hard to get to market. >> it grew so fast it got ahead of its pipelines and the pipelines will come on third quarter of '19 until then, there is going to be a problem. >> there is a big opec meeting so crude >> we have been trying to get our cash flow neutral where we are not out spending we are getting closer and closer that will be early '19 we brought our leverage down we hedged our oil and we hedged the bases. so for instance getting the oil from midland to kushing oklahoma, we locked in ten cents. >> so if oil goes to 50 you are okay. >> if oil is 50, we will be getting $57 in eagleford. >> that's what matters there is a, it isn't the only liquid you need to worry about you have solved what people don't realize. >> in the eagle foaford, and it abo

a lot of our production is fracking. fracking is more expensive like in texas and saudi arabia getting oil gushing out of the ground. that costs 20 bucks a barrel depe depend on what your fixed costs of. fracking requires the price of oil to be a little higher so we're a little perplexed as to what the president was tweeting about but i figured it's a good opportunity to get you up to speed. this is about where world experts had thought oil prices would be right now. $66.98, $67, that's where we are right now. we start to get worried when oil gets above 75 bucks. it was getting there last week at some point. and when it gets too low, oil producers in america have to lay people off. we're looking at a comfort zone between 55 and 70 bucks a barrel. we're there now. i will keep you up to date on oil spikes ands how it affects your oil your oil and gas. thank you for being with me. i'll see you back here tomorrow 11:00 eastern with stephanie ruhle, again 3:00 p.m. eastern. now it's time for "deadline white house" with my fri

with the fark rebels on the economical side he wants to further tax the rich he wants to prohibit fracking and. while he is more supportive of the peace agreement we're on the other hand we have you run zuko who wants to make major changes to the peace agreement on the economical side he is more market and investor friendly but he is against same sex marriage and he has also said that he would unify all the higher courts into one entity which has made many suspicious as they think this is a protective measure for his mentor or former president even who is being widely investigated focusing for a moment on the peace deal this of course the the peace till some between the outgoing president and the fark in two thousand and sixteen it was ending or five decades of conflict what could happen in colombia if the peace deal were to be changed. well peace in its current form has been armored for three periods constitutionally but what many fear is that a government of uganda ok who's leading the polls and who has a majority in congress would further slow down this process that has already been pro

yes in actual fact they are bigger than the earthquakes which stop to the fracking in blackpool, they movements on faults. every earthquake will be on fault, 2.4 is a minorfault earthquake will be on fault, 2.4 is a minor fault and earthquake will be on fault, 2.4 is a minorfault and the movement is only a few millimetres but it can produce an earthquake of this size. they are difficult to detect because even seismic exploration which is done for oil will not detect faults of this size. two tremors, i know when we have larger quakes elsewhere around the world you often get a number of after—shocks. do you get the same effect with these smaller tremors? yes, it's likely, although probably they have not been exhaustively examined that there will be a series of smaller events. there has been won 1.5 i can see on the records but there may be sequences down to magnitude of magnitude zero even. you can go below zero. i would anticipate there might be others the geological survey will be looking for. this is a relatively unusual thing here but it‘s fair to say i think people forget, we‘ve do

i think most people have long-term contracts and it is better for them financially to delay the fracks 60% of the cost of the well so i think people will drill and just not frack their wells. alix: i feel like what we are leading up to his drilled, but not -- is drilled, but not completed wells. are we looking at a situation where we have a backlog and all of a sudden in 2019 they will come on stream? how quickly do you anticipate that happening when the capacity is ramped up? scott: i think i agree with you and i think the ducts will build over the first half of 2019 and late -- 2018 and late 2019 and you will see production increases when the major pipelines come on third quarter of 2019 you will see a big increase in production in the permian that will continue 2026.i way to 2025 maybe am a believer permian will get to $7 million, $8 million a barrel -- barrels of oil a day. see you, scott sheffield. for more on the opec meeting, tune in this afternoon for my show "commodities edge." the about a woman, she is car a diamond ceo at 1:00 p.m. eastern time. what is interesting in there

minority government he did tourism a browse on with her plans to frack the british countryside unsustainable energy all this and more coming up in today's going underground first straight to our top story in a nation that arguably encapsulates the fragility of the world from trade wars to call been emissions the moral deaves it's twelve hundred islands famous for dream holidays but today it's in the eye of a storm on monday deposed leader of the she'd criticize chinese influence in. the region this after britain's foreign secretary johnson voiced concerns to some it appears that nato nations what machine in president abdoulaye i mean out elections this autumn well joining me now is the maldives former president mohamed why he doesn't he's just been recognized by the center for international competitiveness and research as a member of its twenty eight hundred power brands hall of fame former president we're going to going other god right now what is the strategic importance of your nation because we're hearing all manner of things from press releases from different foreign offices whether it

producers to up production from sources like fracking output there is reportedly already at an all time high let's talk a little bit about oil prices and the opec decision with early parts our man at the front for the stock exchange only we hear that opec is moving closer to wards a deal to increase output would that be good or bad news. that would be good news because the output of course if it's increased puts a damper on prices the effect at the moment seems to be the exact opposite if i look at the price of brant crude in the market it's surely arabia is ready to pump as much oil as needed in iran is obviously is apparently off and also softening its stance means that they can move to a deal that will see prices increase gradually and to a level that it was out before anyways and that's prevent perhaps any rolled countries from increasing output at their own discretion if such a deal were not reached and therefore perhaps to increase the possibility of the price fluctuating too highly or too lowly so it seems like a good use of the moment and eighty dollars the price that we have at

arabia now wants an increase prices could encourage us producers to up production from sources like fracking output there is reportedly already at an all time high. well and here's something related to the upcoming brix it air bus warns it might leave the united kingdom of britain leave the single market and customs union without a transition deal it's the european aviation group's strongest warning yet over the impact of a no deal breaks it airbus employs about fourteen thousand people to twenty five different sites in the united kingdom british prime minister to resign may has ruled out staying in the customs union the u.k. is due to leave the e.u. on the twenty ninth of march twenty ninth teen. and with that it's over to our man in the frankfurt stock exchange really bad so. might pull out of the united kingdom in case of a no deal breaks it what impact would that have an airbus e.u. sites. would have a huge impact because airbus of course has to if it withdrew from the u.k. then restart reinstall the production elsewhere that has for example production facilities in spain and hamburg ger

partners, many of who are here with us, the black college track, filipino graduates of san francisco, frack san francisco, masonic foundation of san francisco, mission economic development agency, mission promise neighborhood, mission graduates, san francisco achievers, san francisco yout fund, san francisco ered university state project rebound, the association of chinese teachers,nd a26 valencia. these organizations reflect the love san francisco has for our youth, so we want to thank you for being a part of that. i also want to acknowledge gina frommer who is our sponsor from the san francisco education fund. she has always supported the work that we do with our young people and with ciples, teachers and paraeducators, and last, i want to thank pg&e for their generous support. andrea, you did this donation on behalf o mayor lee, and so it's really important for us to dohis in partnership with you, so thank you, and thank pg&e for all you do for our city. these partnerships, as i said,

whether it is unleashing fracking in the anwar, whether it's getting the nato nations finally to pay 2% of the defense budget or whether it's arming the ukrainians, we have a lot of leverage. this is a country in a death spiral. 600,000 russians die every year. more than are born. the average mortality of a russian male is under 60. so, there is all kind of things with the economic, diplomatic that we can leverage. but the big problem is this is a nation run by a former k.g.b. officer. the kind of people that daniel was dodging in moscow for many years. this is not your average country. >> jeanine: all right, daniel. you are shaking your head. add to it. >> i'm nodding. dr. gorka is 100% right about that. >> jeanine: all right. but then, what do we have to offer them? >> well, you know, i think dr. gorka was right about the leverage in ukraine. what scares president putin is democracy. having a country on his border with a large number of ethnic russians and the russian-speaking population like ukraine, which is growing in its relationship with the european union and with nato and ha

some kind of controversial moves have large associated with it i mean the atlantic's got what the fracking off field boil drilling off shore but you know now canada is as this like a horribly controversial tuscon i mean my goodness we all know how terrible the government is of making lists and checking them twice and eventually once about terrorists i mean no we've known as the united states government under obama under bush under trump it doesn't matter who it's under it doesn't matter about the administration if you terrible system for tracking bad guys first we don't track the bad guys we already know are bad i'm not trying to be sexist in jordan we know you know that he said it not me so you have this majority of people that we can't keep track of already we don't know what they're doing we don't know what this person is doing we don't know where anybody is but we're going to expect the united states government to come up with another terrorist watchlist that we're told will you share those time we figured out the words to his candidate like outsourcing. i mean you know one of the i'm

pharmaceutical industries their donors are big oil so of course they're not going to come out against fracking because big oil gives them a lot of money of course they're not going to come out you know wall street thank you yes so it's like when you have two parties that are just kind of bought and sold by the same people one party's allowed to represent those people on apologetically because hey we're on the right this is what we do the other party is just a little more subtle about it ok gina you know i really like dineros film sees a great actor i think he made a complete fool out of themselves by making a spectacle out of themselves. one of these award gatherings where we will it's really time for hollywood to kind of simmer down and you know we give you a few ball actually a lot of books to watch your films but i don't need to hear your political opinions to be honest ok because i don't see how anyone really in hollywood clint eastwood i can show my prejudice but i don't see that they're particularly well informed and i don't know why they should try to get involved in the political proce

we have the oil majors like exxon mobil and chevron up and then the fracking stocks are also on the rise. elsewhere we are watching the rv the company thor industries came out with its numbers, the shares down. they had been down 6.5% in the premarket, they have come back. -- thor came out with third-quarter estimates. there was in freight -- inflationary price increases but it looks like a moderation of those declines. caroline? caroline: let's check in on what's happening with the european stocks. struggling for direction and following into negative territory. that european data that -- germaned us has factory data did lead to risk on sentiments across the board. we are dipping in european stocks. check out what is happening in luxury. these are your worst performers. remi contra, let's start there, down 5.3%. what is a company to do? they see the increase of earnings at a faster pace in six years. a few have missed expectations. analysts the stocks as are saying i'm not liking the valuation here. mes also down 5.9%. the stock downgraded on valuation. let's have a look at kerring, up 3

political organization like the nra, senator grassley has been focused on a shell company to the anti- fracking group but targeting the left and the right to funnel in the political money that is very similar. then to see more reporting with the political faith in the u.s. or to say what is going on in australia. and then not until recently have a ban on foreign financing in the election. and recently uncovered one of the largest political donors in australia was actually a chinese national with close ties to the chinese communist party that had some pretty -- pretty serious scandals they had to resign because of the close ties. and then to potentially learn the and we are doing three things all based on folder abilities. and then to have the will to do so. there are regulatory people in also exploiting a failure on our part we have that political will to combat? >> i'm from university of wisconsin madison for the opportunity for my research here. my research team recent paper with the groups and targets. when enough political communication and those who operated the campaigns on facebook and w

really, all across the sector, a large majority of the best performers in the s&p 500 are these frackou have a patchy pioneer resources mail up seven up several-- percentage points. if we want to take a look at why this is, hop into my terminal. this shows what happened to iranian oil last time they work -- there were sections. there crude output tumbled into those and 11 when the sanctions were imposed. when we struck the nuclear deal went back the output up. it is now up to levels where they were prior in 2010. now that president trump has withdrawn from the nuclear agreement, now that he is saying he will be imposed sanctions and notthat he is asking allies to import iranian crude, back and see a drop off in their exports. that will be beneficial to u.s. suppliers. are saying time they none, zero. before they said cut back. kailey: a hard-line stance. david: pretty dramatic. kailey: exactly. we also had that bullish report from the record report. you have u.s. suppliers putting out a record 3 million barrels a day of crude. that is more than iran puts out a week. rt. is a very bull

the last year and half, which has any impact on russia, they have been whether it is unleashing frackingtting nation to pay the 2 percent of their defenseth budgets or whether it's arming the ukrainians, we have a lot o leverage for a this is a countr and a death spiral, 600,000 russians die every year more than m our born the average mortality of the russian mail i under 60. they're all kinds of things wit economic, diplomatic that we ca leverage. the big problem is this is a nation run by a former kgb officerr and those of the kind people that was dodging in moscow for many years. this iss not your average county . >> you are shaking your head. >> he is 100 percent about righ about that. >> but then, what do we have to offer them? >> well, i think doctor gorka was right about the leverage an ukraine. which threatens putin is democracy. having a country like the ukraine which is growing and it relationship with the european union and nato and just receive tomahawk antitank weapons from the united states. i think we need to double down on our support to the ukraine. i would like tocl see

. >> look at the encouragement this president has done with fracking. look what he's done to keystone pipeline. anwr, opening up the 2,000 acres hadn't been done since don young said in 30 years. it's making this country energy independent. it's a national security issue and i just appreciate the president taking the stance he's doing. liz: and for russia, like sanctions on steroids. our oil industry going in like that. congressman, great to you have on. appreciate it. >> my pleasure. liz: first homeland security secretary nielsen confronted by protesters at dinner, now outside her home. "the next revolution" steve hilton joins me next with his take, coming up. what might seem like a small cough to you... can be a big bad problem that you could spread to family members, including your grandchildren babies too young to be vaccinated against whooping cough are the most at risk for severe illness. but you can help prevent this. talk to your doctor today about getting vaccinated against whooping cough. because dangers don't just exist in fairytales. hi.i ju

has become the most important pivotal swing producer because of hydraulic fracturing and fracking, itu.s.'s role there. we have the ability as an oil producer in this country to basically turn on and off those spigots fairly rapidly we can become the influencer over prices much more son a lot of other producers out there. >> we'll have more on all of these story lines tomorrow and the days leading up to the meeting. dom chu, thanks. we'll see you soon. >> you've got it. >>> still to come on "worldwide exchange," megamerger mayhem could more m&a kick off over last week's deals. we'll discuss after the break. >>> if you own disney, listen up something happened this morning you're going to want to hear stick around for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >>> all right. welcome back if you own shares of disney, listen up t

frack, baby, frack. mr. duncan: that's right. mr. olson: we have the chairman, mr. shimkus, for as time as he may require. mr. shimkus: thank you. i'm glad you have obviously the l.n.g. terminal and the lithuanian flag there, independence. i also brought it down. i don't have to be as complete in my comments because i've heard the comments of easing s be independent of imported russian natural gas. lithuania is on the baltic sea. i am the chair of the baltic caucus. lithuanian, estonia, latvia. watching and encouraging them and their actually leadership of eastern europe. they set out in 2014 to become independent of russian gas. and so they went through the process of getting the l.n.g. terminal. i love the name. it's called the independence. so they can be independent and free. they have a history of being extorted by the russians in the crude oil department. ere's a refinery there which a u.s. company bought. and then the russians turned off the oil. so that's the extortions and the concerns. now what they have is the ability to compete in the open market. they h

whether it is unleashing fracking in the anwar, whether it's getting the nato nations finally to paythe defense budget or whether it's arming the ukrainians, we have a lot of leverage. this is a country in a death spiral. 600,000 russians die every year. more than are born. the average mortality of a russian male is under 60. so, there is all kind of things with the economic, diplomatic that we can leverage. but the big problem is this is a nation run by a former k.g.b. officer. the kind of people that daniel was dodging in moscow for many years. this is not your average country. >> jeanine: all right, daniel. you are shaking your head. add to it. >> i'm nodding. dr. gorka is 100% right about that. >> jeanine: all right. but then, what do we have to offer them? >> well, you know, i think dr. gorka was right about the leverage in ukraine. what scares president putin is democracy. having a country on his border with a large number of ethnic russians and the russian-speaking population like ukraine, which is growing in its relationship with the european union and with nato and has just

fracking from rocks is a lot more expensive than conventional oil drilling, where you drill into theund and oil comes up. crude oil prices have to be around $60 a barrel for shale operators to turn a profit. there's some differences in the number. rough average, about $60 a barrel. back when oil prices collapsed in 2015, america's oil industry ended up shaving 60,000 jobs from payrolls. now prices are back up, america's oil producers are hiring again, until the next time prices go bust. on friday, trump tweeted, hope opec will increase output substantially. need to keep prices down. be careful for what you wish for. this weekend, saudi arabia convinced other oil-producing companies to raise global output. it declined to give specific numbers. it is a move widely seen as an attempt to satisfy donald trump but it might only serve to hurt our domestic oil producers. even so, oil futures actually shot up on the news of the oil increase, settling at, as i showed you, $68.58 on friday. take a look at that. it's just shy of its peak in may, when it hit $70 a barrel. that's because oil marke

now.u because i use a service where i can buy renewable energy instead of having to buy power fromce fracking. the poor people in e third world cat have -- paying for indulgences. >> you are misstating the facts. it's cheaper to use solar energy than any other form of energy right now for electricity generation except for wind. it's cheaper to use solar o than it is to use gas. >> tucker: i'm talking about your personal behavior. you want to change it to the macro question. you don't want to talk about what you do. >> this is not about indulgences. it's absolutely not aboutbo people's behavior. it is about the systems that are at work here. this is a political question.. this is not a question ofe. consumer habits. >> tucker: you're a rich guy, you go to lecture the poor people but you don't have to change the way you le. >> i'm definitely not a richma guy. if you know what documentary filmmakers make you probably know that. >> tucker: relative to the people living in bangladesh, you are. >> what we are talking about -- what we are talking about is using fossil fuels for air conditioning and

because i use a service where i can buy renewable energy instead of having to buy power from fracking in the third world can't have -- paying for indulgence is brick >> you are misstating the facts. it's cheaper to use solar energy than any other form of energy right now for electricity generation except for wind. it's cheaper to use solar than it is to you gas. >> tucker: it's a macro question. >> this is not about indulgences. it's absolutely not about people's behavior. it is about the systems that are at work here. this is a political question. this is not a question of consumer habits. i'm definitely not a rich guy. if you know what documentary filmmakers make you probably know that. what we are talking about -- what we are talking about is using fossil fuels for air conditioning and what we should be talking about is how to use the most efficient air conditioning and the best power. the best power is renewable energy and that's in fact with the study says. >> tucker: if you are not doing that yourself, you are paying for offsets. because i just said that i was. tucker, you are n

but the industry adjusted becoming leaner and improving fracking technology. >> we lowered our breakn price much faster than opec could lower its and so the bottom line was they blinked before we did. >> renewed sanctions on iran and unrest in oil producing countries are helping push up gas prices, but analysts say historically similar events would have shot the per gallon cost up by dollars instead of cents. >> because the u.s. are major producers now, they are creating a buffer, not just for the u.s. economy, but for the global economy. we're still on a path to be in the biggest oil producer in the world, the biggest oil exporter and one of the biggest consumers. >> detractors say the president's pro fossil fuel policies will hurt the environment. >> it seems like we're going back in time almost 100 years now to where oil and gas are king. >> the trump administration believes the strategic petroleum reserve created after the 73 oil embargo is not as necessary now and is considering cutting the amount stored there for a rainy day by half. in denver, alicia acuna, fox news. mike: mea

can give you the exposure to the oil sector without a great amount of risk >> jon >> i think the fracking stocks are where you want to be here, mel. because obviously, i think it can bring it on faster so you and i spoke yesterday, and several weeks ago, even leading into the opec conference that there's the buy rumor sell news adage that works on wall street fairly well and the converse of that we sold off pretty hard because the rhetoric was that they were going to talk the opec ministers into increasing production and then pushing down prices that didn't really happen to the extent that people thought it would. we saw $3 pop in crude immediately after the opec meeting was announced as far as the results of that meeting. and now i think, mel, with what's goi on in iran right now or towards iran, this just further plays into that good for the frackers >> where do you stand on energy and what point do you get concerned for the consumer >> right, it's a great question. on energy, we are overweight we have been saying all year that going into this opec meeting, yes, supply, it's been a supp

, painted by charles wilson peale, next to a contemporary video "portrait" of a north dakota oil frackinger, by susie j. lee. >> this is the kind of subject that would have never been painted in the 19th century. and so here in the 21st century. >> brown: you me like a common man, a worker. >> a common man, a worker, wouldn't have been given this grandeur, this attention, and so >> brown: wall texts now tie older artworks to contemporary s sues. for george petti65 painting of union refugees in the civil war, a digital label draws a direct connection to today's syrian refugee crisis.pa anothe of the "new" american story being told here emphasizes native american art. bobby martin, a local artist, professor and member of the muscogee creek tbe, served as an advisor. he pointed to a colonial portrait set next to native moccasins ancradles. >> for me it expands the story it's not just aboua european sensibility of here's what people look like in 1600s or whatever. here is also what was going on at the same time. so it brings in a whole another thread, a whole nother story that is often set ap

feeling around in the 70-ish range because the saudi's and the russians don't want north american frackinganadian oilsands to be viable. suncor is a turning point when you get above $40. it's actually performed a bit better in canadian dollars. the trade would be, we are at the $40 level. you basically by the 40 to call out of the money, that covers you in case i am wrong. receive $.70. your maximum loss is $1.30. it is a hit or miss kind of trade. wrong, we had our risk under control. >> oil proxy here. thank you, steve. of -- had a little bit coming up, our exclusive conversation with neel kashkari. from new york, this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. well, it's a whole day's wor

the company had argued that the scottish government acted beyond its powers in seeking to ban frackings had not acted illegally. a new battery—powered plane has taken to the skies over norway — as part of the nation's bid to tackle climate change and air pollution. the country is planning to run all its transport systems on electricity. our environment analyst roger harabin has been to norway to find out more. flying, the worst thing you are likely to do for the climate. all those co2 emissions. is this an answer in norway? the pollution—free plane, powered by batteries. getting into this thing is a feat of human... he laughs human origami. she is tiny, but bigger electric planes are coming as technology improves. they're quiet with no exhaust. norway aims to have all its short—haul flights battery powered by 2040. norway's boats are going electric too as part of the battle against climate change. this battery—powered boat is faster than a normal ferry with two big advantages. no exhaust, no noise. the batteries are hidden below decks. in future, all norway's ferries will look like thi

companies went bankrupt, but the industry adjusted becoming leaner and improving fracking technology.reak even price much faster than opec could lower its. so the bottom line was they blinked before we did. >> renewed sanctions on iran and unrest in oil producing countries like venn as well as la are hoping to -- venezuela are hope -- venezuela are helping to push up gas prices. >> we're still on a path to be in the biggest oil producer in the world, the biggest oil exporter, and one of the biggest consumers. >> detractors say the president's pro fossil fuel policies will hurt the environment. >> well, it seems like we're going back in time almost 100 years now to where oil and gas are king. >> the trump administration believes the strategic petroleum reserve created after the 73 oil embargo is not as necessary now and is considering cutting the amount stored there for a rainy day by half. in denver, alicia acuna, fox news. eric: thank you. arthel: so voters in one kansas congressional district might do a double take when they go to the polls through their primary election this august

so we strive to be a leader in fracking technology.>> the bottom line was that they blinked before weing push-up gas prices. but then it caused the gallon -- the costs for the gallon up by dollars not cents.>> we strive to be the biggest producer and exporter a few as possible.>> reporter: the president donald trump administration says the strategic organization for the embargo gas prices are no longer needed now. >>> racking up student debt in the million-dollar range.>>> swimming, running, and biking is no easy chore. we will have more coverage from the escape from alcatraz triathlon right after this. when the worst oil spill hit san francisco, first responders went to work. and mayor gavin newsom, he went to hawaii. man: newsome left the day after the spill for a four-day vacation in hawaii. the same gavin who said his job as lieutenant governor was so dull, he only showed up for work at the state capitol one day a week, tops. gavin's not gonna work as governor. to california schoolsd, need big change. marshall tuck is the only candidate for state superintendent who's done it befor

having followed the oil industry back to year one i have never seen anything rush this fast in the frackingduction, and output now over 10 million dollars a day is close to highest, russia is higher than but very slightly we are higher than saudi arabia. >> that is interesting that is very promising, dr. greenspan good to see you again thanks so much sir. >> my pleasure. >> alan greenspan joining us coming up newest member of the dow out with earnings next. we perform over 50,000 operations a year in places like this. for the past 15 years, chubb has identified ways that we can strengthen our safety measures. and today, our hospitals have some of the best patient safety records in the country. now, we're constructing new buildings that will define the future of piedmont and chubb is here, insuring our expansion. two million patients a year depend on us. and we depend on chubb. maria: welcome back, president tweeting again this morning saying this, peter strzok worked as leader of the rigged witch hunt for a long period of time got it started only fired because gig was up remember, he took h