, no production of oil and natural gas in the gulf. we understand it is our responsibility. when tragic situations occur, that is our responsibility. we want to protect the environment, so we understand that is our goal, and we are working to figure out what that appropriate level should be. >> let's talk about one of the changes that happened, which is the requirement that companies proved they can contain an oil spill. there are two containment systems out there, and they are being used by companies as they get passes for bill but were stopped, after we saw what transpired in goals and last year, we were doing everything we could -- after what transpired in the gulf it depends they are depending on those who work, and if those do not work, we are back to the same situation, which is days if not weeks intercepting a narrow drill pipe, so my understanding is they have not been tested, so how do we know they are going to work? if they do not work, what is our best resource? >> the production of energy in the oil and gas industry, it is

a natural gas piece that is a game changer is the large vast resources of natural gas we have found. it has over tripled in the last few years. it is a great form of energy. it can produce energy. some are proposing it as an alternative in automobiles, trucks leads, etc. we're the major investors try to find the new frontiers, if you will, in energy development. that is a great point. we are all about oil and natural gas, which is 61% of the energy we consume. but we're also about all these other forms of energy. we will need a mix as we tried to supply with the country demands. >> we started off talking about the high gas prices and the high oil prices. that is reflected in the corporate profits reported last week. chevron made $6 billion in the quarter. senate democrats would like to use some of that money, one in to repeal some tax breaks to the oil industry. do you not think it is appropriate? >> first, we need to dispel a member of the myths around these tax provisions. the first important myth to dispel is to owns orland gas. corporate management only owns 1.5% of the oil and g

get the natural gas out. to test it you want to turn it an eighth of a turn and turn it back to the way it it was. notice the little thing? that's going straight with the flow of the pipe that means it's open. if it's across that means you turned off the gas. the eighth of a turn you didn't turn it off you just moved it. these are in better shape. if you can get to this valve, safely, the building's collapsed on it you can't get to it you have to use the one in the street. pg and e put all the meters outside the houses in a lot of the neighborhoods, these are pretty easy to get to. they are easy to find. if you can find the little round circle in the sidewalk. if you look directly at the house you will find this meter and this shut off on the ground floor. in is a closeup of the shut off. in is the wrench i recommend you you use it for other things. they are cheap and they will work. this is great because you can use it somewhere else if you have to. an adjustable open end wrench. a diagram are off/on. shut o

this provision is not just tied to oil and gas and to the oil and gas industry but applies to income derived from all manufacturing within the united states. maybe we should have a meaningful conversation about whether this provision is good tax policy, given that it impacts industries far outside of the oil and gas industry, it is a conversation more appropriately suited to a debate over tax reform but i'm not going to hold my breat waiting for this adult discussion of tax policy. i know the distinguished chairman haseen trying to do a series of hearings on tax policy and i am personally very appreciative of that and i applaud his leadership. instead i expect some good political theater. the liberal people at nbc certainly had the talking points yesterday afternoon and are ready to make middle hay. many will point to a comment made by a former c.e.o., that oil and gas companies do not need these taxrovisions. that c.e.o. might be right. but let's be clear, they would be less likely to drill in the united states without these tax incentives. we have to ask whether we want to help inc

rurun aiway gas price -- runaway gas prices are not fair. it is our job to bring a stop it it. instead of pursuing some commonsense goals that would move our economy forward, that involve a comprehensive energy proposal, we're here punching away at each other on issues largely unrelated to our energy independence and the prices that americans pay at the pump. i am going to support the vote today. we ought to reduce tax breaks for the five largest oil companies but i really have to say, i wish this had been part of the larger discussion on a comprehensive energy strategy that would allow us to lead the global economic race. that said, i am going to vote to repeal what i think are needless tax breaks for big oil. traditional energy production has received billions of subsidies over the last 70 years -- 70 years -- and the top five oil companies in particular make billions in profits that far exceed the need for more government support. and i happen to agree with thousands of coloradans who have been in touch with me to say, these companies, which are among the biggest in the worl

prices the main question right now is how the shale gas industry survive now that gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shell development began for another potential plots of shale or is it still in countries dependent on russia which the glides most of europe with natural gas rights now it's more holds then facts and we have really to think realistically about this source of energy we don't want to think in the terms of cause in russia like america have thought some are already suggesting that it shale deposits are found to europe russia will lose the balloted of selling resources to other countries but been hadn't stopped gus braun tuller don't seem to be losing any sleep over the likelihood of these new records prospect and owner of countries like france have already put in place a ban on shale gas extraction on their territories women because we're watching the situation and we think that locally it's very viable but it will remain a local gas supply it's impossible to extra gas at a loss for long

natural gas production. what are you all doing at the department of interior, particularly with the bom leasing and development process to give us a chance to get out in front of the issue, strike the balance that i'm talking about. >> senator wyden, you are spot on on the issue of the president's energy future very much envisions natural gas being a significant part of what we do. i have often said unless we deal with the fracking issue in the right way, it can become the achilles heel. we've held a forum with industry and other stakeholders a the department of interior, holding hearings, and i would ask deputy secretary to respond very briefly on what it is that we are doing with the blm. >> briefly, i want to get into one other issue. you can do additional comments and writing. yes, your thoughts on the leasing and development process. >> i'll be very brief, senator. within the last three weeks, we had three public forums in arkansas, colorado, and wyoming. on the fracking and how bom should address it. w

natural gas, we want to use natural gas. let's use our own natural gas. the largest oil reserves in the world. we just have to be willing to have american jobs and reduce our reliance on foreign oil. i yield back. the speaker pro tempore: the gentleman from california yields back. the gentleman from new york reserves. the gentleman from massachusetts is recognized. mr. mcgovern: i yield myself 10 seconds. the speaker pro tempore: without objection. mr. mcgovern: this bill does absolutely nothing to lower gas prices and it does everything to increase profits with big oil companies. again i repeat the question i have been asking over and over again. why was the amendment that would help our veterans get jobs when they return from iraq and afghanistan defeated in the rules committee? i have no idea why. at this time i yield five minutes to the gentleman from michigan, mr. peters. the speaker pro tempore: the gentleman from michigan is recognized for tife minutes. mr. peters: i thank my friend from massachusetts for yielding time. i urge my colleagues to vote

with gas prices. strengthen the to so longer a massive economy that of labor depressing wages for everybody else. want incomes for middle-class families to rise again. [applause] i want prosperity in this country to be widely shared. i want everybody to be able to reach that american dream, and is why immigration reform is an economic imperative. an economic imperative. [applause] and reform will also help to make america more competitive in the global economy. today we provide students from around the world with visas to get engineering and computer degrees at our top universities. [cheers] but then that our laws those to start a business or a industry here in the united states. lenore's on a per to stay leave. american the jobs they created, everything that us take leadership in the high-tech industry, every was founded by -- and emigrant. -- an immigrant. we do not want the next intel or in china or india. we want those companies and jobs take root here. gates as this. he knows a little of somethin

this provision is not just tied to oil and gas and to the oil and gas industry but applies to income derived from all manufacturing within the united states. maybe we should have a meaningful conversation about whether this provision is good tax policy, given that it impacts industries far outside of the oil and gas industry, it is a conversation more appropriately suited to a debate over tax reform but i'm not going to hold my breath waiting for this adult discussion of tax policy. i know the distinguished chairman has been trying to do a series of hearings on tax policy and i am personally very appreciative of that and i applaud his leadership. instead i expect some good political theater. the liberal people at nbc certainly had the talking points yesterday afternoon and are ready to make middle hay. many will point to a comment made by a former c.e.o., that oil and gas companies do not need these tax provisions. that c.e.o. might be right. but let's be clear, they would be less likely to drill in the united states without these tax incentives. we have to ask whether we want to hel

gas. ever whenever you tax something come you get less of it.hatever, y whenever you tax the refining process or whatever from a java the cost. it's just that simple. so we are all aware that gas prices have doubled in the a president's first years in office and raising taxes on ica energy companies operating in america would do nothing to help that situation. e the real solution is for america to enact legislation that increases american energyf production from a variety of more his. oil, natural gas nuclear. we need to do more nuclear. i sure like it biofuels and r other sources of reliable energy that americans can put to good our use. ergy our energy. a conservation is a very important fact. should play a very important our natnal role. america needs an inner-city policy that strengthens our t national security, fosters economic growth, protects the environment in a reasonable and cost effect manner. the affordable, domestic energy. regrettably the senate majorityf plan does not seem t

that's natural gas. now, in natural gas, i have to say this. the president made a speech -- and i responded on a couple of tv stations. this was probably three weeks ago, mr. president. it was on energy. and nesd that speech -- and he said in that speech, we have an abundant supply of good, clean natural gas, we need to be using it. then at the end of that speech, he said, however, we have to be very careful what we're going to be doing because we don't want to contaminate our drinking water with hydraulic fracturing. well, i happen to come from oklahoma. the first hydraulic fracturing job was done in oklahoma in 1948. we have not had one documented case of one groundwater contamination in 60 years. and yet right now they're going to stop us from going after natural gas by taking away hydraulic fracturing. now, hydraulic fracturing in these tight formations, the shale formations, you can't develop a cubic foot of natural gas without using hydraulic fracturing. it's a way of inserting liquids in to force the gas out so that we can develop it. an

it's located inside your gas tank. >> this is what tells that fuel gauge where your gas is in that tank. >> so this is submerged in my gas tank. >> absolutely. >> and it's the gasoline that lubricates the fuel pump. so if you run on a quarter tank or less -- >> if it's not getting lubricated, it's a motor. it could die. >> or if you're taking a corner quickly. >> if you're taking turns very sharply, you could slosh the gas away from the fuel pump and stall. >> or if you park on a hill, the gas moves away from the pump and your car may not start. and one of the biggest threats to your fuel pump and fuel filter, letting sediment in the bottom of your tank clog things up. >> we took this gas tank out. just by chance we found a gas tank with some sediment in it. >> the black particles you see floating in this tank? sediment. as you run closer to empty -- >> this is where the major dollars of damage comes in. >> replacing a fuel pump could cost as much as $2,000. >> anything where you've got to go into the fuel tank is not going to be cheap because it's handling a hazardous fluid. >> aaa say

. >> reporter: gas prices are easing slightly at the pump. in fact, aaa says prices appear to be stabilizing but with the nationwide average at $3.98 today, some folks are apparently getting desperate. and ktvu's allie rasmus is live at the park and ride with the bold action that someone took there. allie. >> a bold action that is costing some drivers money. we talked to one man who parked his truck at this concord park and ride at 6:00 a.m. yesterday, by the time he came back from work at 3:00 in the afternoon, he discovered someone had pried open his gas compartment. he also found a chain just like this one next to his truck. >> i thought my gas had been stolen. >> reporter: by the time he got into his truck his gas tank confirmed his suspicion. >> it was about a half tank. >> reporter: he had the equivalent of $50 of gas siphoned out of the tank. >> i was pretty surprised. pretty surprised that people just go in the broad daylight and do that. >> reporter: this man says the same thing happened to his friend who had parked his car in this s

. >> acceleration is what really uses the gas. >> know your gas mileage. he uses a 18 gauge that plugs into the carbos a computer -- car's computer. >> idling is 2.4 gallons an hour. >> what happens if you turn on air-conditioning? you are using quite a bit more gas to sit here and use your air. >> that is about 40 cents if it is $4 a gallon. >> they admit it saves gas, but he avoids its. >> you have the urgency to turn your engine back got and get going because people will haunt you. you feel are urgently like you have to speed up and go. that violates all of the hyper mileage techniques. >> use cruise control any time you're going 25 miles per hour or more. you interact with the computer and it has lots of good information that you can use the best possible way. is great for saving gas. >> try to use cruise control? hong >> it accelerants more slowly than his foot. >> stay in the ocean. >> what is happening, when you put on your brakes, you are taking money and turning it into heat instead of motion. the more you can use that motion, the better. >> lots

the price of gas is a good example and a timely one, too. year after year, politicians talk about the pain at the pump, but they never act. the president promoted brazilian-made energy in brazil while the administration gives our recess this -- keeps our resources under lock and key. energy production can help address the soaring gas prices. this is also important because when you're talking about energy, we are talking about jobs. the cost of energy is directly related to the cost of hiring workers and running a business. the cost of government is also affecting our economy. washington's failure to enact policies that promote long-term economic growth and balance the budget is creating uncertainty for employers and consumers alike. for years, washington kicked the can down the road without facing its spending addiction. not anymore. the american people reject the idea of giving washington a blank check of increasing the debt limit. the house is listening. republicans have made it clear there will be no increase in the national debt limit un

i think gas prices are $3.89 per gallon.f we drill here we'll have to worry about exporting and we need to stop giving the gas companies tax breaks. host: what do you think that would do? caller: i think that would force them to lower the prices. they will keep raising the prices at the keep getting tax breaks. host: with the price of gas for you. ? caller: $3.89 per gallon. host: do you think a lot about this? caller: yes, i don't just want to give away my money on gas to go on vacation. we will just find something closer to the house. host: this is similar -- mt. carmel, ill., a republican line, good morning. caller: gas prices are not affected me because i do not -- i will not go with this summer. they are affecting a lot of people. i think it is bad. i think it is not right. gas prices in illinois are high for high test. host: what did you think should be done if it is a problem? caller: i think they should lower the prices. they can lower it. will go up when disasters happen and it will go up like when the tornadoes hap

it's not just oil and gas. but it's also not just new, undeveloped, advancing forms of technology and energy. we need all of the above in a big way. and so let's come together around that commonsense wisdom of the american people who favor all of the above and let's start doing all of the above aggressively. but that surely has to include much more domestic production of energy. open access to all of these vast resources we have. we can do it, we can do it safely, we need to do it to provide some relief to american families. thank you, mr. president. with that, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: ms. landrieu: mr. president? the presiding officer: the senator from louisiana. ms. landrieu: i ask unanimous consent to dispense with the reading of the roll. the presiding officer: without objection. ms. landrieu: thank you, mr. president. i ask consent to speak for up to 15 minutes from time reserved on the majority side on this issue. the presiding of

we continue to invest in natural gas production from the rocky mountain west and our existing shale gas regions. we have significant oil production in alaska. we have made significant investments in our refineries in the u.s., including major capital projects at our key midwestern refineries. we also invest actively in renewable energy. during 2009, we invested nearly a billion dollars in alternative energy. these investments include the operation of wind farms in 10 states, development of the first commercial scale biofuels facility in florida, and work on advanced biofuels molecule with dupont. we have our solar business, which has been in operation over 35 years. bp supports a comprehensive energy policy that includes all forms of energy, including oil, natural gas, coal, nucar, biofuels, wind, and solar, and encourages conservation. even with major improvements in energy efficiency, and the rapid growth of bfuels 20 yearsrom now, the united states will still depend onil, nural gas, and coal to meet more than three-quarters of its energy needs. on the supply side, we support properly

livid here watching the gas prices and the gas executives milk us every day. head to the wmar facebook fan page and leave your two cents and we will share the comments throughout the show. so keep them coming. >>> in other news switching gears, springtime means the end of the school and graduation is very near. which means a lot of new adventures for some people. the paths can vary. one students who faced many challenges and overcame all of them. take a look. >> reporter: marie jean faced struggles17 different fosters homes, and if that was not a big enough hurdle she was in a car accident and had 38 surgeries. she had to relearn how to read and write. evidently she learned well. >> a remarkable woman. >> reporter: a remarkable woman and model student. >> she is the most enthusiastic student i met and is very, very bright. and she shared pieces of her life with me made me realize how remarkable she is to be here. >> reporter: and soon marie jean accomplished a goal so big she couldn't even dream it. she will graduate from howard community col weg not one not -

world's outputs gas from maybe the king here but it's not the only one as small independent gas companies are also part of the game and we'll find out how. this is one of the fields of significance it holds licenses developed fields and the companies slow to surface amounts to months of. it's already owned by not such which is are just in the planning process and other parts of it is owned by its heroine which is slightly smaller but still one of the largest in the. either the old own living since. this move in these companies that the chances that it plays. right since then they can make decisions so that's really the seeds are get a lot of signatures. and also they can get this is something that is no longer interests against them for example the one simple choice. to gas that so it's been given that's not ever run for its money but it's nothing great in the book but this is something that is a great step forward pull off something that's also a business part. time to take a look at the markets now crude prices on trading moderately higher the south a weakness in the dollar is weighing

of clean burning natural gas. the bow ford resources are closer to shored and existing infrastructure. the lion's share is thought to the chuck cheesy. we have to decide if this is a national priority, if it is as i believe it is, we need to get serious about the work ahead of us. the transalaska pipeline, or taps as it's called, through put is about 650,000 barrels a day at this point. between 12% and 13% of domestic production. declining at a rate of 6% to 7% a year. it will reach a point where it's technically and economically impractical to operate the line. at that point is half of today's production, its switch will be flipped and the u.s. will lose 6% of its production and dramatically increase cost to access future alaska resources. there are some resources available to slow the decline onshore but the best chances are in the o.c.s., offshore. critical to the economy of my state and energy security of this nation, we see we can develop this resource responsibly and produce this resource for our country's n

this time it's high gas prices. i wish i could say i'm surprised, but since democrats took control of this chamber and since president obama was elected, this seems to be a recurring theme. no matter the question, the answer always seems to be: raise taxes. there's rarely any consideration of how this impacts the economy, how it impacts businesses and families that have to shoulder this load. my colleagues on the other side of the aisle too often look at working men and women as an endless source of cash that washington can rely on for more governmental programs. the democratic party's emblem is the donkey. sometimes i think they would be better off transitioning to a one-trick pony. the democratic bill that we will be voting on later today is called the closing big oil tax loopholes act. that is certainly one message test in name. big oil, check. tax loophole, check. never underestimate the left's ability to underestimate the american people. they think just because american citizens are angry at high gas prices th

gas prices over $4 a gallon. the american people, once they understand what's happened, will fix it. america really is a hostage in her own land as a result of imported petroleum. just as america's starting to regrow her economy now, billing big oil wants to steer our country back toward recession. now, look at this chart. in the first quarter of 2011, just one of the companies, exxon mobil, took in $10.7 billion, that's a b, in profits, in one quarter. that's a 69% increase over last year. oxydental, that's the group that wants to drill more in colombia and they need a free trade agreement to do that and bring it in here, their profits are up $1.6 billion, 46% increase. conoco phillips, $2.1 billion, their profits up 43%. in one quarter. and most of these profits are being with pocketed tax-free. while working americans earning less than $20,000 paid 15% of their income in taxes, chevron, which made $6.2 billion in one quarter, their profits went up 36%, they only paid 4.6% in taxes on their total of $32 billion

prices the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shill development began. and other potential plus of shale of course is stopping countries on russia which supplies most of europe with natural gas rights now it's more holds then facts and we have really to think realistically about this source of energy we don't want to sink in to terms of cause in russia like america have thought some are already suggesting that it chilled it was it's our pound in europe russia will lose the benefit of selling resources to other countries what's been happening that's wrong tower it doesn't seem to be losing any sleep over the likelihood of these we recognize prospects a number of countries like france have already put in place a ban on shale gas extraction on their territories. we're watching the situation and withing that local it's very viable but it will remain a local gas supply in the us it's impossible to extra gas at a loss for long and

. >> so sara hands gaynell a $100 gift card for gas. as she was leaving for the cemetery, sara had something to say. >> all of these people that pass by as people we have a lot of people driving. none of them are helping. >> and benefit cemetery gaynell reached her mother's grave -- and then at the cemetery gaynell reached her mother's grave and told her about sara. she wanted to story to be a message to others. >> we have been paralyzed by the gas prices. it not been able to move preview cannot go to church -- and not being able to move. you cannot go to church. the woman who is going to drive gaynell couldn't because she needs a kidney transplant. >> i am hoping we can pay it forward. >> three people who 24 hours ago knew nothing about one another. >> this is a love story. this is a story about compassion and about love. a lot of caring. >> it has been quite a story could we want to think sara for helping and now our concern is trying to get susan better. >> a great story. >> the next time you tap off, the price of gas may be a little

for russia which is the main supplier of natural gas for europe european natural gas fields are declining so aren't necessity for russian imports increases goes by and the main fields in russia will provide for europe have not been constructed yet both of the struck mine fields so be supplied it's important that we can start supplying europe in the meantime christine and just very quickly as we are running out of time the third energy package has been heavily criticized by some companies working in the sector do you think projects such as north korea would get funding if there's supply of gas in this case it is gazprom is not allowed to own the means of distribution. well the problem is that we want to lower the price of energy consumption and energy prices here in europe about we need to liberalize the pipelines i don't think it will disrupt gasper and supply of europe if it contributes to the liberal sation of europe because that will increase demand so although they might think that it hurts them it doesn't really because if the price of gas to go through a certain degree becomes more

we know you want cheap or free gas. we are working to help you save money watching "good morning maryland starting at 4:30 starting on monday, you can wayne $100 gas card. text the code word to 46988 or enter online at wmar.com. the contest runs through may 25th. for complete rules go to abc2news.com. >>> and if you are look for cheap gas prices in the area, head to the abc2news.com and click on traffic and gas prices. we have got an interactive map. put in your zip code and find the cheapest gas in your area all right there on abc2news.com. >>> maryland basketball coach gary williams stepped into retirement with tears in his eyes today. williams said bye before family, friends and thousands of terps fans during an emotional ceremony at the comcast center today. the crowd chanted his name at points during the announcement. the 66-year-old explains that while he still feels like he can coach, he wanted to try something else. williams coached college ball for 33 years the last 22 at his alma mater. >> i think the one thin

high gas prices are painful. they are painful to seniors living on a fixed income, and painful to small businesses. and the big oil subsidies accompanying them are paying for our nation's economy as it recovers from the bush recession. let's end these big oil give aways to some of the most profitable companies in the world and provide drivers with alternatives. creating clean energy jobs of the future. i'd like to thank the gentleman for his leadership on this issue and for yielding. mr. speaker, i yield back the balance of my time. the chair: the gentleman yields back the balance of his time. the gentleman from washington. mr. hastings: thank you, mr. chairman. i'm pleased to yield one minute to the gentleman from michigan, mr. benishek, a valuable member of the house natural resources committee. the chair: the gentleman from michigan is recognized for one minute. mr. benishek: mr. chairman, this morning a gallon of gasoline in my hometown of iron river, michigan, was $4.29. and unfortunately most people are pla

there is oil and gas in the ground. we need to find a way as soon as possible to get it out, and i hope both senators will express if not now leader their views on revenue sharing for alaska and for texas and i want to thank them for their testimony and submit those to the record if there is no opposition. >> we are glad to include it in the record. >> think you very much for adding to that. >> it might not be directly what you're talking about but i know the time would be much more involved in the process of getting a permit. do you have any comments on that, a proper period of time, 90 days should the federal government say yay or nay, time to review the process are you getting much prospect saying the time period is so long that its -- >> yes. >> we are talking nine months. estimate would be the timetable, do you have one you would work with your local companies? >> if you know it is to be basically submitted permit within 30 or 60 days you've got a yes or on notes. the problem is now a not only are you not able to s

gas companies are also part of the game and we'll find out how. this is one of the fields of significance it holds licenses to develop the one fields and the company slowed the search amounts to months of being. now it's partly owned by robert sets which is the largest in the gas company russia another market which is owned by its parent which is slightly smaller but still one of the like. that either it sold the winning bid or. like it was given these companies the chances of that place to hold new exploration then they can make decisions so it's really your parents in the seats are going to love the signatures and the rules and also they can suck it this is something that is no longer interests against them for example the one simple choice the company's sydney yes no but so it's there may not be giving grants for everyone for its money but it's definitely creating the book that this is something that is a great step forward for russia during that monster of a business card. and that's the latest business for now we'll have more fuel in just und

have to walk in the gas station and am i getting a four percent rebate on the gallon of gas. >> matthew back is important. one percent rebate gave him four cents a gallon and four percent knocks it off 16 cents off each gallon of gasoline. >> i calculated for a year $100 or $200. for me that is four thanks of gas. >> we contacted the avis corporation and did not look back. citibank said indeed matthew should have received the full rebate for the gas purchase. the problem was invalid merchant code used to process the purchase. the bank said citi-provided a full rebate and taking step to insure future purchases receive the appropriate rebate. in addition we are reviewing other 76 master card purchases to insure other card holders receive the appropriate rebate. >> it is just a couple of days later, they contacted me and followed up. so power to the people. [laughter] >> citibank urges customer to check their statement to make sure they are receiving the correct rebates and contact their banks if there are mistakes. >> i posted links and some of them, some excellent gas rebates and to chec

part of the problem is gas is more expensive and the gas. tax remains the gas cars are getting more fuel- efficient. there's less gas being purchased, so less money going into the trust fund. the spending has outpaced -- the amount of money you need to maintain the highways is not quite there that comes from that. but the last couple years, $35 billion has come from the federal treasury, but taxpayers pay for the highways. >> was the common type of repair work and needs to be done on the highways? guest: everything. they need regular maintenance, especially if there are heavy trucks on it. there's noise congestion and there's accidents. and just your basic -- it does put a stress on the roads to have people driving on it. that is just maintenance. and there's problems of trying to construct new roads or new lanes or that kind of thing. the other important thing is only 40% or so of the money that goes for highways actually comes from the federal government. the rest of it is state and local funded. it is a real combination of the government

gas, coal oil. wh all we have to do is how many people in america who have gone through elementary school, don't remember supply and demand? we have and huge supply and it will blde j difficult for us. american people are open upd toa production all over america. t and to do that we have to gothii beyond this bill. a this is a start but is worthwhile. >> joining us as len kerner at dna news. the senate took a pair procedural vote on legislation this week aimed at addressing high gas prices at the pump when democratic sponsored bill, one republican sponsor. how do these two bills aim to lower gas prices? focus the attention or by both sides? >> well, yesterday the senate democrats tried to move to a bill that would refuel about $21 billion in tax breaks for the five major oil companies and that was defeated. it didn't reach the 60-vote threshold they needed. and today the republicans tried to move to a bill to expand offshore oil and gas drilling the senate is pretty much in a gridlock right now on h

with gas hovering at around $4 a gallon. republicans have consistently called for greater access to our domestic sources of energy to spur american jobs and to prepare for circumstances we cannot control like natural disasters or unrest in the middle east that creates instability and drives up the cost of a barrel of oil. we have vast resources under our land, and we need to safely explore and develop them to have a stable energy supply for our consumers and our economy. for nearly a year, america's energy producers in the gulf of mexico, our nation's most abundant source of oil and gas outside of alaska, were sidelined by a drilling moratorium proposed by the administration. exploration slowed to a halt. thousands of american workers found themselves out of the job. the moratorium was officially listed in october. the permit approval process has been burdened by bureaucratic impediments. in energy-rich deep waters and in the gulf, only 15 permits have been approved in the last full year. before the moratorium, an average of

and say am i going to get a 4% rebate on this gallon of gas. >> matthew says at today's gas prices,ashback is important. a 1% rebate gave him back about $0.04 per gallon while a 4% rebate is about $0.16 off each gallon of gasoline. >> i calculated for a year, maybe it's $100. maybe it's $200. well for me, that's two, three, four tanks of gas so that's when i called 7 on your side. >> we contacted avis corporation and did not hear back. however, citibank looked into the matter, too. and it said indeed matthew should have been receiving the full rebate for those gas purchases. the problem was an invalid merchant code used to process his purchase. the bank said "citi has provided a full rebate to the card holder for this purchase and taken steps to ensure future purchases receive the appropriate rebate. in addition, we are reviewing other recent 76 mastercard purchases to ensure other card holders received the appropriate rebate." >> just a couple days later that they contacted me and followed up. so power of the people. >> citibank urges customers to check their statements to make sur

world's output not gas from maybe the king here but it's not the only one as small independent gas companies are also part of the game and we'll find out how. this is one of the fields of significant licenses to develop fields these little inserts amounts to months of living. now it's already own i know but which is the largest and that's. another part of it isn't it sara which is slightly smaller. than either it won't open giving. orders in these cities that it's a. better place. to make decisions that haven't really. seen the seeds or haven't seen a lot of signatures and. also they can argue it's because it's in the interests of gas for example the life force. may not be giving everyone for its money but it's not reading the book its mission so it's a great step forward for a fact that most of our business are in. the south rain gas pipeline is in focus in brussels the main players behind the deal are lobbying the european parliament to give the final go ahead for the multi-billion dollar project the european commission says it's supporting the pipeline but there's still a long way to go o

gas but not to worry. >> we don't want customers to be alarmed from the gas odor. if you smell the gas it's more than like lick from the work here. >> the one test is set to begin on monday. another test on another day will be done on the gas line in antioch. this is expected to cost pg&e $140 million. >>> the mayor of san jose called for new police and fire pension reforms to help ease the city's big budget crunch. >> we will need to stretch out some of the retirement benefits that some people accrue. we're not gonna take away anything that people have gotten already. but we need to bring this down. >> mayor reed says police and fire pensions make up 50% of the total city budget. he plans to ask the city council to approve a ballot initiative. it would change the city charter to rein in those costs. the city unveiled a budget last night. it calls for a 10% pay cut for all citiers -- workers, eliminating 193 police officers positions and firefighters and cutting library hours to three days a week. >>> this camera caught up with them this morning on the corner of sa

we are going to lockking gas caps. once you lockk it, they can't spin this gas cap out as the bottom spends freely. >>> and depending on the car, a locking gas cap goes from 15 to 50 . as i reported we didn't see the crime yet. it is not always reported. >> that is true. thank you, michael. we'll be back in a moment with an update on the south market fire. itgmgmgmgmgmgmgmgmgmgmgmgmgmgmgj >> christi sent in these pictures of the fire burning south of market via twitter. >> here is a shost smoke pouring off of the fire. >> we have word of four people injured in the fire. >> they are life on the scene tonight. leslie? >> this is a fourth alarmm. fire are rolling past us one after the other in the last couple of minutes. they are going to the scene where you can see all of the smoke billowing out of a three story park hotel. firefighters are strapping on oxygen tanks and going up ladders to the roof. you can get a look. four injuries . three firefighters. one of them smoke inhalation was the problem and one person taken o

smell of gas. what can you do as nerts? turn off the gas. and what are the 3 situations when you want to shut the gas off? smell the gas, something -- oh, yeah, wheels are spinning and major building collapse. muni -- overhead muni wire, flopping around. what can you did as nerts? always assume all electricity is live and hot. so what can you do as nerts? cordon off the area, tell people to stay back. small fires reported in the rear of a building, what can you do as nerts? if it's still burning that small fire is now a very large fire. so all you can do is really notify the erd, evacuate the area, assist the fire department. five buildings have suffered heavy damage -- heavy damage, kind of a clue there. three of the buildings have collapsed. what can you do as nerts? not quite nothing. would you go in to search a heavily damaged building? no. you will -- very good, notify erd, if there's a gas smell, shut the gas off. you can do something. even if it means everyone stay back, no one is trying to rush in. you are going to have your yellow h

which coil and gas companies fiercely opposed. corruption is probably the biggest problem money in politics corruption is people think of in terms also might get a payoff like that's part of it but it's goes much deeper than that once you begin to change the way an agency does its business once that happens then the whole agency begins to change and it no longer works for the people if it's what. political scientists call client capture agency becomes captured by the group it's supposed to be regulated and then the agency serves that group and it doesn't serve the public anymore the good people leave because they don't want to work in that kind of environment and you're left with a sort of dead in the water agency and we have a number of those no we as you know. even if you got the law in place industry has had a big say in writing the rules they want to take a first look at the regulations and then they would edit them and i was on from that program because the management program over that. drill baby drill. right here. yes we mu