fred smith this morning from fedex on the use of gas, natural gas in their fleet. and in my district, with the basin, fayetteville shale and gas plays that are happening throughout the country, there seems to be growing demand for compressed natural gas as a mobility fuel. however, chicken and egg, we don't have the infrastructure involved helping me get to where that readily available resource can be put to good use. >> first, i agree completely with fred smith about his assessment of liquefied natural gas in heavy trucking. couple hundred filling stations on major interstates, that's a significant part of energy use. that's 20%. you can offset a lot of that. we looked at the numbers. it looks very promising. payback periods, something on the order of three, four years for an investment in more expensive truck. the filling station the private sector is getting behind and investing hundreds of millions of dollars. so the heavy trucking, very few filling stations, we think it's a great way to diversify our energy supply. when you go to delivery vans and personal veh

i was with fred smith, the ceo from fedex as you saw in the clip, and a room full of economistingses,w borrowed guaranteed money at the education without a real strategy is not great investment for a lot of families and frankly people are chasing after a college education with borrowed money and not any goal. it also points out that a crane operator on the west coast can make $150,000 mid

i was with fred smith, the ceo from fedex as you saw in the clip, and a room full of economistingses,w borrowed guaranteed money at the education without a real strategy is not great investment for a lot of families and frankly people are chasing after a college education with borrowed money and not any goal. it also points out that a crane operator on the west coast can make $150,000 mid career and aviation mechanics well into six figures. so there's money to be made. glen fenter,ice to meet you. have a nice weekend. >> thank you. appreciate the opportunity to speak with you. >>> that wraps up the show, but the conversation continues online. you can find us on facebook or twitter. my

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and fred smith. >> let's talk about fred smith. >> he is kind of underknown, you know, the impact ofk about it. and amazon. they are powered by fedex. >> the guy is amazing. he really is. what fred smith has done at fedex, and just the demand for excellence from the top down. talk about his background. >> you know, he went to vietnam. he was in the marine corps, and he did a lot of logistics work trying to get troops and material all across that country. and he saw that this was something he was good at, and he saw there was something that was needed in the united states. and when you think about what federal express does, it's made thousands -- and again, millions of businesses, national and even international. so if you know of an eye glass store in seattle, the only way to get those glasses before was to go to seattle or hope that the post office could get them there, which didn't work so well. now you can get any product from any company anywhere in the united states thanks to fedex. the reliability, signing, and tracking the packages. the collateral damage, kind of putting the p

if i could hand pick anybody to be president of the united states it would be fred smith. this is a guy who knows how to run an operation and run it efficiently. fred has run fedex amazingly well. i do think the economy is recovering, doing pretty well. the question is how robust and sustainable it is. i think if i were advising president obama, i would give him one piece of advice. do not raise taxes in 2013. i think that the economy is way too fragile right now. the recovery is too early a stage. >> are you making the assumption he's president in 2013? are you making an endorsement or prognosis here. >> look, i just think it's a big mistake. the economy is doing well. i worry starting in september, october, people say wait a minute, we're going to face this tax tsunami starting in january, capital gains going up, small business tax going up, i'm not sure the economy can withstand that second of all, i do think we should have a much more impressive energy policy that exploits our own natural resources. >> if i could talk about the tax issue. historically the periods in thi

. >>> now, jobs finished ahead of bill gates well as as fred smith.he founder of maim an -- of ama on.com -- amazon.com next on the list. >>> let's check in with sal. it has not been that bad. >> no, it's not been that dad. we're gonna start -- bad. we're gonna start off with the east bay. i think we'll start all over again. i can do that. let's start it there. 880 southbound, busy traffic from 238 down to about union city. on your way to the south bay, it's not all that bad. if you are driving on 101 a little slow. northbound slow at 17, which is typical, you don't have to worry about 101 or 280 heading up to san francisco or the other way around. it's been a decent morning. let's go to live pictures now. i want to show you 880 northbound looking good showing the -- passing the coliseum. >>> 7:38. let's go to rosemary. >>> good morning to you. an additional beneficial rain in store for your week ahead. that also means it can be a little hectic for you at times. giving you a look at the mostly sunny skies. seeping into the area and eventually lowering

of february, there was great excitement and enthusiasm, leaders in american industry including fred smith of fedex. i will paraphrase what he said when he gave a plenary talk there. he said, and, pound for pound, dollar for dollar, he felt arpa-e was the most effective use of government resources hissing and a a long time, that's a pair fries. paraphrase. we can get you the exact quote. many people thought that it was very important to help america get a leg up to increase our competitiveness and help our prosperity. >> thank you, secretary chu. senator rush, you're recognized for five minutes. >> thank you, mr. chairman. mr. secretary, as i state in my opening statement, i am -- set the record state with regard to the level of oil and gas production importation, and consumption during the time that president obama has been in office. while my republican colleagues may engage in a scorched earth strategy and an endless and senseless blame game, and point to the administration's policy that the single cause for rising gas prices i believe is the fact that your agency supports the policies

or something like apple or even fedex when fred smith wrote that famous paper in business school that i think didn't get a very good grade that now resulted in our fedex. if he hadn't been able to -- if they hadn't been able to find the funding to begin many of them would say because of the regulatory structure, because of the inability to find funding, they wouldn't even be able to get started today and grow into the thousands of jobs they have. it's great potential. it's bipartisan. i support the jobs act. the speaker pro tempore: the gentleman from connecticut. mr. himes: reserve the balance of my time. the speaker pro tempore: continues to reserve. the gentleman from alabama. mr. bachus: madam speaker, i'd like to inquire of the amount of time remaining on our side. the speaker pro tempore: the gentleman from alabama has nine minutes remaining. the gentleman from connecticut has 14 1/2 minutes remaining. the gentleman from alabama. mr. bachus: i'd like to yield to an outstanding freshman on our committee, the gentleman from tennessee, mr. fincher. the speaker pro tempore: for how

leaders in the american injury -- industry, including fred smith from fed ex. he said pound for pound, dollar for dollar, he felt that rpe was the most effective use of government resources he had seen in a long time. there has been strong support. many people thought that it was very important to help america get a leg up in competitiveness and help our prosperity. >> mr. rush, you are recognized for five minutes. >> i am here for you to set the record straight in regard to the levels of oil and gas production imptation, and consumption during the time provided obama has been in office. while my republican colleagues may engage in a scorched earth strategy and in that this incessant blame game and point to the administration's's policy to the single cause of rising gas prices -- does your agencies support policies that will help america move past our dependency on foren oil and fossil fuels in general? we continue to have this debate every year. gas pris inevitably rise. mr. secretary, can you talk about the levels of oil production under president obama's adm

alex smith might be on the move and we'll tell you where he could be taking snaps next season, sports wrap with freds next. ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are delivering. with more choices and fewer calories, >>> good evening everyone and thanks for joining our sunday night edition of sports wrap. not long ago, 49ers head coach jim harbaugh said that alex smith is still his guy and it seemed like a new contract for alex was right on the table. but now after courting peyton manning, 49ers are hoping

fred trump, donald's dad. [laughter] [cheers and applause] that's right. for all of his self-starter bullshit, he's basically jaden smitht hair like dennis the menace. what's going on here? did you--did you fall headfirst into a cotton candy machine? what happened? um, by the way, the producers have asked me to interpret that last joke for the handicapped person on our stage. duh, hey, situation... [laughter, cheers, and applause] rich guy have funny hair. and, donald, as long as i have you here, it's pronounced "huge," not "yuge." and here's another one. it's pronounced, "i am fucking delusional," not "i am running for president." [laughter] that's right. trump says-- he says he's gonna run for president in 2012. [cheers and applause] but if his plan for america is to fire everyone, he's about two years too late. but for me, it's kind of tough to vote for a guy whose resting facial expression is "who farted?" [laughs] he also sells trump cologne, and, fellas, that stuff can really get you laid. basically, you pour it onto a cloth and press it to a woman's face until she... [laughter] stops struggling. but even when you