the shale gas revolution in the usa.red how to crack shale rocks to release gas trapped inside. the central part of the usa has a vast amounts of shale gas. in the uk, firms have started seeking gas in shale rocks too. they and the government hoped for an american—style energy miracle, but a leading geologist says they may be disappointed. what are the reserves, can it be got out, does the geology work or not? that the key question. when they work on local scales, it is unlikely to give us the amount of gas production that we need to make a difference in terms of uk wide gas needs and demands. the problem he saysis needs and demands. the problem he says is an event 55 million years ago, when magma surged up under iceland, with great underground layers of rock that shift and float under the surface directly affected the uk. they disrupted and buckled the uk. they disrupted and buckled the shale rocks where gas could be formed. the uk is very different from the usa, the professor warns. shale gas firms are still optimistic

gas prices on hold.lief as bigoted towards winter, turning on boilers, that sort of thing, but nonetheless, a significant rise, 12.5% in electricity which will affect just over 3 12.5% in electricity which will affectjust over 3 million customers. the worst affected british gas says will get a small re bate british gas says will get a small rebate but nonetheless, politically contentious but also raising tariffs like this always of course an important issue and we should just say this announcement comes as british gas issued its results, the figures were pretty good but the crucial thing, 377,000 customer cou nts crucial thing, 377,000 customer counts people walked away. they lost 377,000 so people are getting better at moving around but it's the same message, move and then switch with a provide you do like. then, thank you very much. and what's the political reaction been? let's speak to our assistant political editor norman smith. what are politician saying all about this, norman? it's striking the gov

british gas froze gas and electricity prices in february.se companies to boot up their prices. we had a wholesale costs fell by £36 in typical bill. he says that is not the driver, it is transmission and distribution of electricity to the home and government policy costs that is the main driver. with the exception of wholesale costs, these are more or less constant over our billing period. over a long period of time they have gone up, but there are co nsta nt they have gone up, but there are constant underpinning. on the labour side, we would like to see a tarot structure which reflected different elements of the bill, publicly registered, so everyone could see what goes into their bill and what the other costs of energy companies we re the other costs of energy companies were and how they worked out their trading as far as the wholesale retail costs are concerned. there area number of retail costs are concerned. there are a number of factors that go into these bills, but overall what we know among other things from competition and markets i

british gas says rising costs here is one reason responsible for today's hike.m ofgem shows these costs fell over the last year. the other one is government policy. that makes up 13%. that includes increased use of renewable energy, and promoting energy—saving measures like insulation. british gas says they are going up. ofgem says, yes, they are, but only by 2%. no wonder some consumers are confused. they make them as complicated as they can and people don't understand them. the bills aren't very clear, i don't think. i'm not sure where british gas is coming from but i guess the other option you've got is choose a different supplier. the fact the wholesale prices have stayed the same, or going down, as far as i'm aware, the fact they're putting them up, for the consumer, is pretty disgusting. british gas froze prices when others raised them earlier this year, so it's catching up with the rest of the pack. consumer groups say it is the government's responsibility to take industrywide action. the government needs to urgently look at what it does for those custome

provided by british gas, will be going up.t will now cost you £1,120 a year, that is an increase of £76 compared to last year. it isn't the cheapest among the big players any more, but it is not the most expensive. british gas says it does mean 3 million people will pay more for their energy, but another 5.3 million customers won't be affected. british gas‘s owner centrica says it has little choice but to increase bills because the cost of providing electricity in particular has increased sharply. the reason for this is the transmission and distribution costs have been going up as well as the environmental and social policy costs. and recently, we've been selling electricity at a loss. those are the reasons why we've had to put prices up, beginning in the middle of september. over the past six months, centrica has seen profits from its home energy business fall sharply, and it's also lost hundreds of thousands of customers. british gas has had pressure on its profits, on the domestic side, reflected in this announcement which

and new this morning we talked with the petroleum analyst for gas buddy.com which tracks gas prices and he said californians are getting squeezed from several different angles, expect and unexpected, though we don't get our gas from the gulf. >> part of it because of intense demand from the pacific northwest due to the eclipse, and part of it because refineries have been knocked out on top of this with har i have, everyone is stretched thin in the is is going to affect california as well. >> reporter: now a side note this morning, they usually track cheap gas but now it's helping folks in texas and louisiana find any gas at all. now, no matter what the gas prices, 80% of folks say they're not going to change their travel plans, they're going to go where they goont. triple "a" stopped doing their travel forecast so woe don't know what the volume is expected to be there weekend but it seems like a lot of folks are looking forward to getting out of town. in the meantime, if i can link to you gas buddy through my twitter feet and my facebook page. i also want to hear where you find the chea

and natural gas prices. a bad storm could shut down refineries and cut off imports and exports in the wra area. there are six main regio esz it little less than half the category 1 hits a refinery, it takes about a week to get back up. category 2, more like two weeks. the energy markets are not in panic mode, but traders who recall past storms say prices will move quickly if this storm packs a bad punch. >> shutting down a refiner is a complicaims gas prices. getting one back online after a big storm is even more complex. sharon explains. >> getting a refinery back online due to a hurricane or major storm can be a lengthy operation. the first step returning evacuated personnel to the refinery could take a few days depending on conditions in surrounding areas. once on location, the crew evalm d floolding or downed powerlines. if power is out, the refinery has the to wait for local utility to restore it. once team restart the refining unit. this is done in the sequence of the actually process. at a large facil

that isa fuel, gas and electricity get.urely british gas decision, they have decided to put up the bills by that £15, then there are things like smart meters which we are supposed to have in our homes by 2020. that is costing £11 billion, and british gas is paying its share of that. that is supposed to save money in the long run. it is being quoted as one of the reasons why they are putting up prices at the moment. you can get smart meters for free in your house, but someone is paying for it somewhere. you don't paying for it somewhere. you don't pay for them, but the suppliers who fit them have got to pay for the meter and the fitting, it cost about £67 for them to do all that. then there is a £3 billion communication network that has been set up. that will eventually go on to our bills. we will all be paying it. they say it will help us use less energy and that will filter through to our bills. the current generation of smart meters will all have to be either upgraded or changed by the end of 2019 to work properly. at the

fuelling demand for more gas.e speak to the head of one of the world's oldest private exploration firms about keeping the lights on around the globe. and as new york based company wework annoucne a $500m expansion in asia — let us know what do you love or hate about your office. tweet using the hashtag bbcbizlive. they very warm welcome. a lot to get through, including things you like or maybe do not like about the state of your office with the news that wework is expanding. prosecutors in south korea are demanding a twelve—year prison sentence for the heir to the samsung business empire. samsung covers all sorts of businesses, a conglomerate made up of different entities and is caught in the midst of a huge corruption allegation. hearing in lee jae—yong's trial, the prosecution said he was the ultimate beneficiary of the crimes. the corruption scandal brought down the country's former president. all sorts of details have emerged as pa rt all sorts of details have emerged as part of the trial. he denies wrongdoing

welcome to me sophie shevardnadze a world that's dependent on oil gas and coal is becoming a thing of the past with renewable energy becoming cheaper and more widespread every year. but is solar and wind power as reliable as it is clean well we talked to mean the director general of the international renewable energy agency. a warming planet and the drive to car pollution is giving energy as we search for a way to shake off our fossil fuel addiction completely renewable energy has become more affordable than ever so will our reliance on extracting fossil fuel slowly become a thing of the past how reliable is older wind hydro for generating vast amounts of energy and what are the hidden dangers of a green future. and not i mean director general of the international renewable energy agency thanks a lot for being with us today it's great to have you on our show thank you pleasure so tell me something where oil and gas and coal exciter assistance are already in place right our plants where pipelines whether a new a bill and what we have is pretty much just wires in the great. so when the

with us today it's great to have you on our show thank you pleasure so tell me something where oil and gas and coal exciter systems are already in place right power plants where pipelines was there a new a bill and what we have is pretty much just wires in the great. so the costs of doing everything from scratch be enormous i mean how much would it cost to actually equip the world to do or nubile not that much. there is a misconception what we're doing is ripping out everything and changing everything overnight but the fact is that renewables are now it transformative transformation of the industry of energy how energy is produced distributed managed and the imperative is really one is the decoupling as asian imperative so we live in a carbon constrained world and the current energy system we have is not taking us to the limits that we cannot afford to pass without get to strive for change and the second is that renewable energy today the technology that it provides provides clean accessible electricity and energy that is now having an important business case around it so it's actually gen

guest: western energy alliance oil and natural gas producers across the west. environmentally responsible development, we do evelop on multiple-use, appropriately-designated lands. we do not operate on the 110 acres of wilderness or the 90 million acres of national wildlife refuges. we develop in a responsible lands that were appropriately designated through public land e -- management process in a responsible manner. comply with we laws, such as archaeological rotection act, the natural historic -- natural resource, act, many otection other laws that ensure our development on federal lands and and state lands is done in an environmentally manner.ble host: you met with interior the tary ryan zinke on decision that he will be forthcoming with the president on shrinking some of the monuments. what did you tell him? guest: i have not met with on the y zinke monuments, not discussed it with him. comments, just d as anyone can through the open and public process. the secretary were that fortunately, most of themonument designations in last couple decades have not ff

for investors to shift and mass and invest in the renewables there's no shortage of oil and gas and we don't expect one to happen anytime soon but there was a very famous oil minister once said the stone age didn't end because we ran out of storms and the oil age will not end because we ran out of oil one of the most interesting things about this whole transition that we see happening is how many oil economies are positioning themselves for the energy economy of the future which is not going to be entirely based on fossil fuels it's going to be increasingly renewable it's going to be increasingly decentralized and it's going to be increasingly managed to the communications by big data by digitalisation of grids and so on so it's going to be a very different world so you feel like there's going to be no our choice like people will have to turn to renewables it's not going to like one major cause why everyone is just shifting there is a reason we have to shift and that reason has to do with the carbon emissions and the concentration of carbon in the atmosphere and if you want to belie

lowif: gas prices have been on a global basis.is now increasing by 11% year to date for the last 12 months. on that basis given the consumption of natural gas last three years from today, if 11% growth continues, we will be operating at 90% of 2020,erating capacity by which is not sustainable. in other words, either prices have to increase to drive demand down or demand continues to grow at 11% per year and we have a real problem in 2020, not 2024 or 2025. alix: you see that glut in 2020 the racing. more see a 2024 or 2025 issue. charif: low price createscharif: more demand. as an example, increase in energy production in china last month was 55%. when you have low prices, people go to the low price solution for all the needs they have. they have issues of environmental concerns and pollution, which pushes them to change the energy mix away from coa and intol natural gas today.they made an announcement in china, for instance, not too long ago that they want to take the natural gas proportion from 6% to 15%. that is impossible. are

gas? there appears to be tear gas or some kind of gas. let's go see what's what.here is apparently -- it appears to be a fire to me. let's look. see this? i don't know what that is. everything was very calm. no one was setting upon. there are cannisters of gas. trish: i can see it now in your video. reporter: holy shut. someone just set off fireworks. we talked earlier about people who came to this with an agenda. you can see over there. you be very careful. >> there is something about to go off. trish: oh, dear. reporter: right appears to be fireworks of some sort that folks have brought. this protest was largely -- it was completely non-violent. then all of a sudden they are leaving. >> they were walking away throwing all this shut at people. >> the police did that? >> yeah, yeah. reporter: why would the police do that? >> lori, come over here. i'm not sure if we can get a look at the cannister. it got obscured by smoke. they seem like smoke bombs. trish: how many people are there would you say in the crowd? it's hard to see. are there hundreds there? how many p

new this morning, we talked with the petroleum analyst for gas buddy.com which tracks gas prices and he told us that harvey will continue to have an impact on supply nationwide. >> the storm came out of left field and now all the sudden we is 25 % of the nation's refining capacity offline, which say significant number. >> reporter: a side note this morning, gas buddy usually tracks cheap gas only but now it's helping folks in texas and louisiana find any gas at all, a lot of stations don't have any. no matter what the gas pricing prices, 80% of folks tell us they won't change their travel plans. i'm reaching out to triple a to see what their forecast is for this weekend. eye hoping to have that at 6:15. in the meantime i'll link to you gas buddy through my facebook and twitter pages. there i also want to know if you're planning on heading out and where you find the cheapest gas where you live. let's all be neighborly. >> and then get in line, right. >> thanks, kris. >>> california refineries likely won't be sending gas to the gulf coast or anywhere else. >> scott mcgrew continues on

, provided by british gas, will be going up.ow cost £1120 a year, an increase of £76 compared to last year. it is not the cheapest among the big players any more, but it is not the most expensive. british gas says it does mean 3 million people will pay more for their energy, but another 5.3 million customers will not be affected. british gas‘s owner centrica says it has little choice but to increase bills because of the cost of providing electricity in particular has increased sharply. the reason for this is the transmission and distribution costs have been going up as well as the environmental and social policy costs, and recently, we have been selling electricity at a loss. those are the reasons why we have had to put prices up, beginning in the middle of september. over the past six months, centrica has seen profits from its home energy business falling sharply and it has also lost hundreds of thousands of customers. british gas has had pressure on its profits, and the domestic side, reflected in this announcement which they

reporter: natural gas demand is broken down into two parts.direct demand like the industrial use and power generation that goes on all the time, and then seasonal surges. in china, which has lots of people living in cooler northern climates, traditionally the wintertime has been the strongest for demand for gas. now that we are seeing this big surge in the summer, and make people realize that this endemic national gas demand is really taking off because the government policies to use less oil and less coal and more gas are working. now the worry is, you have that higher baseload demand. when the winter comes and it is really cold, are you going to have to see a price spike to be up to justify this extra use? yousef: we spoke to the ceo of australia's second-biggest gold producer. here is what they had to say about the earnings and the broader outlook for gold. guest: we have gone and embarked on a process of really recalibrating and generating a portfolio which can produce gold a very low-cost. we are forecasting 820 to 890,000 ounces in the n

millions face higher electricity bills after british gas announces a price hike. the company says there'll be help for the poorest households but a typical bill will go up by nearly £80. they seemed to overcharge and the bills go up, prices go up and then they do not go down when prices go down. i guess you have the option to choose a different supplier. we'll be asking why bills are going up while wholesale electricity costs have come down. also tonight. it's 50 times more powerful than heroin — fenatanyl, the drug that's led to dozens of deaths. moped menace — police reveal new tactics to tackle the two—wheeled crime wave that's hitting the capital. once they were in, now they're out — what the white house staff changes say about the trump presidency. a new pilot scheme that could give rural communities better broadband connections. and coming up in sportsday on bbc news. the world's greatest sprinter prepares for his final bow. we'll hearfrom usain bolt‘s pre world championships press conference at half past six. good evening and welcome to the bbc news at six.

you will find gas stations fresh out of supply. no gas there.e lines at gas stations all over dallas. our crew car ran out of gas on empty. it took four stations to find that had gas and we had to wait 45 minutes to get up to the pump. guy had to drive 35 miles to find gas and ran out in the process and had to push his car to the pump. why is this happening? for one it's a distribution and supply issue. refineries in port arthur are shut down. those service the area of dallas. when they are shut down, it means the supply of gas rene can't get here. there was a frantic call on social media and facebook and twitter of long lines. also the higher price is not helping either. we are seeing the price is up at least 10 cents a gallon and prices very different all over dallas. one gas station for a gallon of regular. 4:49 a gallon. that takes an investigation, but we are definitely seeing a situation where you see a rush of everybody depleting the source of gas. >> thank you very much. also tonight as we are dealing with that, fears are growing about a

but british gas argues its own costs have risen. we'll be asking what, if anything, the government can do to keep energy bills down. also tonight.... at least 60 people have died this year after overdosing on the painkiller fentanyl. dozens more deaths are being investigated. moped menace. police reveal new tactics to tackle the two—wheeled crime wave that's hitting london. the president's men — but not for long. what trump's latest white house changes could mean for his presidency. and counting down the days to retirement as usain bolt gets ready for his final races in london. coming up in sportsday on bbc news... england women's goalkeeper karen bardsley has been ruled out of the rest of euro 2017 after breaking her leg in the quarterfinal win over france. good evening. more than 3 million british gas customers are facing a big rise in their electricity bills. from september, the company will charge 12.5% more for electricity. it means a typical household on a dualfuel tariff will see its annual bill go up by £76. british gas says

if you buy from british gas, it will be 12.5% more expensive from september. the uk's largest supplier, it hikes prices for the first time in four years. given wholesale costs have come down over that period, why raise prices now? we do agree that over the last few years since we dropped electricity prices the last time, wholesale costs have indeed fallen by about £36 on a typical bill. but we've seen these other factors of transmission and distribution costs and energy policy costs go up by almost £100. that is the main driver. electricity may be a simple commodity but the factors that influence its price are complicated. 22% of the bill is made up of the company's operational expenses. there's also 5% vat in there. the wholesale price makes up 36% of the bill, that's the price at which the energy suppliers buy the energy they then sell on to us. british gas concedes that this has actually fallen since the beginning of the year. then there's the cost of delivering the electricity to our homes. that makes up 29% of the cost. british gas says rising costs here

but it's keeping the price of gas on hold.x months. it's reported half year profits of £1.9 billion. that compares to a loss of £2 billion the same period last year. it says it's seen a big rise in sales. we'll have more on that in a moment. bp seems to be shrugging off the low cost of oil. it's reported better than expected second quarter profits of more than $680 million. it's been cutting costs and boosting efficiency to try to combat the low cost of crude. let's go back to that story about the aircraft engine maker rolls royce. the company has had a spectacular return to form. it's turned a $2 billion loss into an almost $2 billion profit. what's it done right? analyst howard wheeldon joins me now. these are pretty impressive results, right? very impressive figures in relation to where the company has been over the last two and a half yea rs been over the last two and a half years but it is only a start. this isa years but it is only a start. this is a company in transition. it is looking very deep and hard at its producti

most of us cook on gas.it thought, it is going to have to import more and that would be another issue for a government that is already struggling with energy policy. roger harriman, bbc news. studio: a judgment is studio: ajudgment is due later today in two landmark legal challenges against northern ireland's ban on same sex marriage. it's currently the only part of the uk which does not permit a marriages between two men or two women, and does not recognise same—sex marriages from other parts of the uk. the ruling due to be made at belfast high court is on two separate cases that were heard together due to the similarities of the arguments. now, injust over half an hour, the first ever day/night test match in england gets underway, in birmingham. england's cricketers take on the west indies in the first of a three test series at edgbaston. joe wilson is there for us. what can cricket fans expect? well, interesting, there is a degree of the unexpected, the novelty, the attraction, warwickshire, the organiser

americans are hitting the roads just as gas prices start rising. the question is, how high might they go? >>> shrinking seats. it's not your imagination. airline seats are getting smaller. now a judge wants the faa to reconsider its position. those stories and more tonight on "nightly bu july 31st. >>> good evening, everybody. welcome. a record way to start the week and end the month. the blue chip dow index powered to another all-time high. its eighth record close of july. investors cheered strong quarterly results from corporate america and that's widely considered to be the main driver of july's gains which were the best since february. today the market was mixed. the dow jones industrial average advanced 60 points to 21,895. nasdaq fell 26. the s&p 500 was off just slightly. for the month, all the major indexes were up. the nasdaq was the big winner. bob pisani takes a look at what worked for investors and what didn't in july. >> reporter: was a good month overall. s&p up about 2%. up nearly 11% for the year. tech's been the leader and it was a

dana gas seems to be going from creditors to debtors. bloomberg's tracy alloway has more from abu dhabi. tracy: dana gas is the only company i am aware of actively turning its lenders into debtors. that makes it possibly one of the most interesting stories and capital markets in general. the ceo used the occasion of the company's second-quarter earnings yesterday to really hammer home his argument regarding these. he said the $700 million worth of debt at the center of this dispute being held by investors, those investors would actually have to repay the company the excess amount of profit payments they had received. because these are sharia compliant bonds, they don't a out interest. instead, they pay out profit on the company assets. dana's arguments are because the bonds are not sharia compliant, not only did they have the right to withhold current and future profit emits, but also the right to clawback payments it has already made. you can imagine how contentious that has been with investors. on that point, you really have to ask whe

the key is basically liquefied, natural gas.mp administration is hoping in general to become the world's biggest exporter of liquefied natural gas. there is also some resistance to those ideas because if you export more natural gas, that would mean higher prices and that could increase the cost for u.s. consumers and also for some of the u.s. industry. if we look at future exports of liquefied natural gas, europe could be one place to sell to, but also china and other places. if you look at the market right now, the biggest importers of u.s. natural gas are chile, mexico, and further behind, china, india and argentina. that could be a plan if you look at the u.s. industry -- actually the export of liquefied natural gas could kick off quite a bit. gerhart: -- daniel: qatar has lost a complaint of the world trade organization challenging a boycott by its neighbors. they accuse them of supporting terrorism. it's the worst diplomatic crisis in the region for decades. saudi arabia and the united arab emirates now have two months to s

gas prices on the rise. the impact from hurricane harvey before we even see any rainfall. >>> and we wanted to tell you that we are preparing to honor our late colleague and friend jim vance in a couple of weeks. we want to share details. there will be a celebration of vance's life on tuesday, september 12th. we'll broadcast that live on nbc4 and online at nbc washington. also, there will be a limited number of ticketsai online and do o come, you'll that by going to our app or website and searching celebration events. if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have. i'd of said... i'd of said you're dreaming. dreaming! definitely dreaming. then again, dreaming is how i got this far. now more businesses in more places ca

now let's go live to the gas station with more.>> reporter: from this gas station where he was shot. his father was outside of the time and heard the gunshots came over and saw his son on the ground. tonight's parents tell me they are in shock. they say that jarvis was laid- back and very kind to everyone that he met. i want to show you the surveillance video. this is the video police wanted to see. you can see the armed men walk up to the gas station in broad daylight and start firing into a group of people. the gunshots killed jarvis bell. his parents have no idea why anyone would hurt their son. >> right now i am feeling a little numb, but from the support we are getting from the neighborhood and family and friends is helping get through this. >> he had nothing but love and care for us and his family and friends. >> reporter: re were also shot that denied. his parents say they are hoping for a speedy recovery for those people and they are asking anyone with information about their son's murder to come forward. there is a $25,000 reward, live from northeast marcella robertson wusa9

gas is that right. that's one interpretation the other again is the perception of the ukraine situation but if you look historically all the times the valves have been turned on and off it's been by ukraine and suspension we've been holding your a pos the judge for higher rates for throughput of gas so directly from russia to a germany or to europe makes much more sense because it's business it's not politics who which is these sanctions the most they're going to affect russia iran china or even trump himself all of the above all of the above and more. we have left the era of even trying to trust there is a demonization of. intolerance but what about trump in office some people are saying that trump is under attack from all sides as these days are up and up in the white house is this how it's going to be for the next three years at least i hope not but i think that's what the cases look he was voted in to be someone different not to be a republican a democrat to be an american. to safeguard american int

the suggestion was their work gas canisters in the van “— was their work gas canisters in the van ——their work gas canisters in the van -- swift conclusion is. yes. -- there were —— swift conclusion is. this is a few days after the attack on las ramblas. it's understandable why people are extra cautious and why people are extra cautious and why the mayor is issuing this warning. this band is particularly interesting. they say in an interview with the guardian that they often have messages from muslims who are offended by the use of the word allah, arabic for god, using that word in their name but at the moment everything beyond what we know, the facts, a van discovered outside has been searched by police, the venue was evacuated the cost of a terror threat. it's not yet known whether those two incidents are linked. the driver has been detained obviously? he has. the spanish driver, according to police in rotterdam, tweeting this information, they say the spanish driver has been detained and taken infor driver has been detained and taken in for questioning. thanks for that, anna holli

gas prices sharply higher over the weekend and this morning. airlines canceling thousands of flights in and out of houston texas dealing with flooding runways. >> insurance stocks taking a look at features, dow down 36, nasdaq town 12. cheryl: in europe stocks open under pressure. lauren: cooper has a new cbo. the earth to take over and turn on the company. "fbn:am" starts right now. cheryl: 5:01 a.m. in new york. monday, august 28. good morning, everyone. cheryl casone. lauren: thanks for joining us. lauren simonetti. cheryl: a devastating weekend in texas. houston is dealing with record flooding is catastrophic rain is life property in the nation's fourth-largest city wrecking the epicenter of it all come assessing damage from the tropical storm in a decade. just a warning. >> incredible, incredible pictures in houston at the national weather center said, this is something we've never experienced before over such a wide location. maybe you can see the rain still falls in houston. your headline this morning. the floodwaters continue to rise be

bushes a man in delaware county while the victim was just standing at a gas pump pumping gas.ter jeanette reyes is live for us now outside of chester police with more on this story. good morning, jeanette. >> reporter: good morning, tam. still more questions than answers in this shooting. the man we're told by police was just pumping gas and all of a sudden a barrage of bullets rang out. he was hit several times in the chest and now he is in the fight of his life. this is video of the scene from overnight. police arrived to find the driver side door still ajar and two gunshots in the front windshield with the back window completely shattered. police on scene say the barrage of gunshots began around midnight at the sunoco a plus at the intersection of edgemont avenue and east 22nd street in chester. the man who is in his 20's was rushed to crozer-chester hospital in very critical condition. investigators back at the scene spoke with witnesses and were checking to see if surveillance cameras in the area captured that shootout and possibly to give them some clues on the shooter.

, provided by british gas, will be going up.ll now cost £1120 a year, an increase of £76 compared to last year. it is not the cheapest among the big players any more, but it is not the most expensive. british gas says it does mean 3 million people will pay more for their energy, but another 5.3 million customers will not be affected. british gas‘s owner centrica says it has little choice but to increase bills because of the cost of providing electricity in particular which has increased sharply. the reason for this is the transmission and distribution costs have been going up as well as the environmental and social policy costs, and recently, we have been selling electricity at a loss. those are the reasons why we have had to put prices up, beginning in the middle of september. over the past six months, centrica has seen profits from its home energy business falling sharply and it has also lost hundreds of thousands of customers. it is gas has had pressure on its profits, and the domestic side, reflected in this announcement whi

so i don't know if it's tear gas. you can see people who are taking treatment here for having been maized, let's go ask this guy what happened to him real quick. sir, can i talk to you, tell me what happened? >> i can't talk right now, bro. i got hit with pepper spray. >> who did it? >> one of the nazis. [inaudible] >> are you okay? >> i've had better days. [laughter] >> all right. good luck to you. thank you. >> i spoke to some state police officers a little while ago, they are off to the right side of the pedestrian mall here in downtown charlottesville, that may change given the tension they are hearing but i spoke to one of the guys, the commander over here who was formulating with state troopers, he -- i asked him what is your go point, at what point does it become too dangerous and you begin making arrests, he said, we don't really have any policy formulated. it's the charlottestville police. a few more minutes after he had the conversation with me, he ordered all of his state troopers to get away from the parki

the combination is what is fighting the gas prices. -- spiking the gas prices. a topping off quickly. mark: weaker oil prices which is wising -- rising. mid-$42 to $43, why are you bearish? >> it is rising and i think it is rising in concert with a little bit of the gas prices. overall demand is still terrible. it is very low. opec continues to produce more and more. most of the countries are not abiding by the limits that had been set. i think there is major downward pressure on the oil market. the $42 level, $43 level is where the next significant support trend is. change, up aittle quarter of 1%. is geopolitics going to be the main driver of gold in the short-term? >> you have two things, geopolitics and the dollar. the gold has rallied on geopolitics and the weakening dollar. the dollar seems to be stabilizing somewhat. the wildcard, along with much other economic news, is geopolitics. if things do, down with north korea -- if things do called withwith -- calm down north korea, that will put pressure on gold. if something happens, there could be a big spike

same with rbob gasoline, that's where we have seen a move in gas, gas prices. 3% pop there on top of a gain yesterday. >> we have full team coverage of this developing story. jackie deangelis is live along the gulf coast looking at harvey's impact on oil and gas industries and we have a look at the storm's impact on the broader energy section let's start with wvit's caitlin mcgraw with the latest on harvey's path. >> reporter: harvey working its way into the texas gulf coast overnight. now seeing outer convective bands working their way into texas it was upgraded to a category 2 hurricane with sustained winds of 105 miles per hour to the south and east of corpus christi, texas. expe expected to make landfall late tonight and early tomorrow morning, right around the time of high tide here's the track it will continue to strengthen into a category 3 hurricane as we head through the day today making landfall as a category 3 with winds in excess of 1 111 miles per hour then it will stall out just enough of the hurricane in the gulf of mexico to fuel it and bringing rainfall of over 30 in

gas prices are expected to come rising. we don't expect to see a drop again probably for several weeks at the earliest. in beltsville, brad bell, ab larry: the spike comes just before the labor day holiday. a lot of people are making the long getaway tonight. "7 on your side" to make sure you find the best prices no matter which way you are head something we'll give you the best places to fill up. whether you are heading north, south, east or west. let's start out heading east. according to the gas buddy heat price map, the best place to fill up is on the other side of the bridge. station in stephensville charging $2.57 a gallon. find out the best prices at wjla.com. nancy: now we know how harvey could impact the holiday travel when it comes to getting there. what will it mean for the weather. we have the answer to that question. it looks nice outside now. doug: it is. it will stay nice. cold front is coming through tonight and change things a bit. they are waiting for remnant energy. moisture on the east marching our way a

the water and the cow and the methane gas they produce. the converts into very little. >> i feel as a planet we will eat a lot less because of the way it is hard on the planet. it is naturally going to go that way. i am not a vegetarian that i am close. i am not trying to be on your side. it makes more sense. >> he could never be a vegetarian. >> i can't see you being vegetarian. >> i am not. >> are we on tv right now? >> yes.>>> 101 in antioch in livermore has a high of cooler and down a degree. we're down to 100 today. the heat advisory in effect through tomorrow but the higher elevations of the bay area is not impacted by the marine layer that is sliding in. we have fog along the coast. temperatures -- and you can see the cool air and the thunder storms and fog along the coast and thundershowers around mammoth and north into lake tahoe were there was thundershowers and the warm air is here. will be as warm tomorrow and the next couple of days. the temperatures will be over 2000 -- tomorrow is a lot like today and the trend will be tempe

police were forced to use pepper spray and tear gas. we are in phoenix live tonight and you were right in the middle of what was clearly an intense situation. >> reporter: that's right, dan, police remain behind us tonight and say that four people were arrested tonight. it's not clear what sparked the chaos but we were on hand moments after it began. a demonstrator is hit by a nonlethal round. water bottles are thrown at officers who fire pepper spray. the police continued to move the line to keep protesters moving farther and farther away. >> we're not going to be scared. >> reporter: some here desperate to clear out their eyes. we witness at least one arrest. some of these here appear to be anti-fascists, anarchist types. inside, president trump holds his first campaign style rally since the violence in charlottesville last week. he rereads portions of his speeches and mocks the media for criticizing him. >> why did it take a day. he must be a racist. these are really, really dishonest people and they're bad people and i really think

tam. >> thank you, matt. >>> a gunman opened fire on a man pumping gas at a gas station in chester delawarenty. the victim took several shots to the chest. "action news" reporter jeanette reyes is live for us now at chester police with more on the story. good morning jeanette. >> reporter: good morning, tam. that man is now in the fight of his life after being shot multiple times in the chest while pumping gas. police arrived to find the driver's side door still ajar and two gunshots in the front windshield there with the back window completely shattered. police on scene say the barrage of gunshots began around midnight at the sunoco a plus at the intersection of edgemont avenue and east 22nd street in chester. the man who is in his 20's was rushed to a local hospital in very critical condition. investigators spoke with witnesses at the scene and were checking to see if surveillance cameras captured the shootout. no word this morning on a suspect or a motive but the investigation into this shooting continues. of course we'll let you know as soon as we get some additional information. report

not put gas in a car unless somebody asks him to put gas in the car. [ laughter ] they don't put gasnd don't change toilet paper. >> announcer: "judge judy." you are about to enter the courtroom of judge judith sheindlin. the people are real. the cases are real. the people are real. the cases are real. the rulings are final. captions paid for by cbs television distribution laura preganz is suing family friend 19-year-old jesse aielli for destroying her s.u.v.'s engine when he mistakenly put

pursuingd dana gas this into different jurisdictions.h the the assets ruled that the islamic debt covered, thethrough the u.k. courts, london high court, because the bonds were sold under english law. you are he have two parallel jurisdictions. things get more complicated because the u.k. court said last month it thanks dana gas should drop the uae aspect of it. that means the u.k. court would essentially also decide the sharia compliance of the bond. that gets really interesting. again, this whole dispute centers around the sharia compliance of the debt. now we have another player that could potentially weigh in on that. in any case, the date to watch is september 7, the next date of the u.k. high court proceeding. yousef? yousef: let's widen out this discussion on the dana gas story with the head of fixed income asset management. welcome back to the program. want to dig into the implications of the dana gas saga, if you want to call it that. this was a real test when it comes to recoveries. guest: i think it is. in a lot oft instances.

first gas mask.pretty freaking basic. all that is is a cotton wadding pad that has a bicarbonate soda solution. you keep it wet. punk.ve some steam you come up with it and begin in the trenches within the first five days. what really shocked me and i have studied war for a while now, it has made me a deep dark cynic. military history will make you a cynical person. you look at the amount of thought that is going into the weapons technology, it will depress you. find a cure for cancer. screw that. find a way to kill off half the population of europe. th eminute chlorine gas does not work, they go that was a good idea. no, we come up with a better gas. they come up with phosgene. the biggest killer gas of world war i. it is colorless and odorless. a faint smell. kills because the soldiers do not have an immediate response to it like chlorine. you're in it and getting a lethal dose without knowing. you die a couple of days later. now that's horrible but the generals go, that's nice, but what if you done

yousef: coming up, dana gas withdraws an offer to restructure debt.rg. ♪ ♪ yousef: welcome back to the "best of bloomberg markets: middle east." a ceo in court. abu dhabi listed dana gas after withdrawing its offer to restructure its debt. the move came on the day the company was expected to make a profit payment to investors. we got more on this from tracy alloway. tracy: a lot of investors have been expecting that dana gas might try to sweeten the terms of its exchange offer in order to sweep some of the controversy that has been caused by this whole debt drama under the rug. remember, the terms of the original offer to swap about $700 worth of debt for bonds that pay less than half the rate of the 7% to 9% the original debt did. already pretty controversial, but instead we have seen the company take an even more hectic mystic -- antagonistic approach. it comes hot on the heels of some infractions words swap between investors and the ceo last month when they held a call with investors to describe what it is doing here. some investors may consider th

gas stations, though, might run out of gas.tates like south carolina, tennessee and oregon are expecting 1 million visitors each. >> predict 1.5 and 7.4 million various places throughout the country to the center line of the eclipse. this certainly is going to be the biggest traffic event in the nation's history. nancy: the viewing stretches from oregon through the carolina. the prime viewing spot is santi, south carolina, 450 miles south of washington. jonathan: i want to show you something happening now. the infamous corpse flower at the u.s. botanic garden getting ready to bloom. a beautiful looking plant. it is. but when you get up and take a whiff of it, not so beautiful. this is a live picture from the garden conservatory where the stinky plants are expected to bloom a week from today. it is believed to be the first time that any institution in north america has had three corpse flowers blooming at the same time. bring a nose plug. all good. nancy: better it's not smellavision. "7 on your side" helping students since they

a motorist pumping gas. now the search once again on for the shooter. also: >> you never really think about somebody coming to assault you while you're running. >> preditor in the park. police shutdown a popular running spot after a jog is her sexually assaulted at gunpoint. armed and dangerous, they now know his name. now, they just need to track him down. the intense manhunt to find the suspect in the main line murder. >> also ahead this morning, it is a prime day for job seekers. amazon set for hiring spree today. where you need to go if you are in fact looking for work. >> great to have you with us this westerns, we're halfway to the weekends. i'm thomas drayton, bob kelly, sue serio, good morning, everyone. >> good morning, what they call hump day. >> it is, isn't it? we're almost there. almost there. few traffic problems on the road that i experienced this morning. >> i saw you tweeting out some info. >> middle of the night detours everywhere. crazy. it is an adventure, let's say, getting where you nee

according to triple "a," the average price of gas is $2.99 that is up 2 cents. in oakland you can get a gallon of gas for about $3, and san francisco $3.12 a gallon. according to gas experts, travel demand is driving that increase in prices. >>> if you need something to help make sense the world we live in today, we're bringing back our weekend update segment from "saturday night live." >> it's the summer edition and it premieres tonight. if you watch host collin joes and michael jay during the regular snl season, you know what to expect. sometimes way too real analysis of those news headlines, a lot of what includes is happening of course in washington. >> it's going to be more of the same but looser and funner and we're going to be able to experiment a little bit more. >> we hate leisure, we hate fun and sun and enjoying our lives. >> the first episode premieres tonight at 9 clock on nbc bay area. it had its best season in 25 years earlier this year with the highest ratings and earning 22 emmy nominations. >> those guys are fantastic. >>> up next a great start