really like halliburton. david: halliburton harvest, i love that technique, that idea. liz: we don't want to ignore gold as we're talking about commodities. michael give me a sense of gold. gold had a couple of days of upward moves. everybody gets all excited but the fact is the price here is still well below its 2 1/2 year, 3-year high. 1317. what do you think. is gold really have an opportunity here to continue ramping up? >> oh, absolutely. as you referenced that 2 1/2 -year high/average where it was, you're kind of referencing a peak of a market it has ever seen. so in that reason alone i would not be too concerned about being here those prices but at the same time we've had such a move from 1250, that was really kind of a dire scenario going into that. for the same reasons we're seeing things settled overseas in regards to a lot of conflicts that are flat-lining on us, particularly the ukraine and of course iraq, i think gold has a bright future going into the rest of the year. david: i want to ask ashle

i like it a hot. >> what about halliburton?burter, i'm in shall limber jay or baker hughes. >> why those over hall burger? >> smaller, more nimble, but halliburton is having a strong bay. >>> doc, you flew all the way in for us today. >> epi, the india epf. i bought it again. >> national -- >> john deere. >> suntrust. >>> power begins now. thank you very much. >>> and the apple worldwide developers conference beginning any minute now. that is video from just a short while ago, people lining up in san francisco. we have a full team inside that hall, and we're getting video, pictures, information from inside. cnbc scott just took this picture as the people attending the -- apple share is down 32% from the summer of 2012 to the summer of 2013, down it's almost half a percent on the trading session

during the iraq war all while owning the millions in's halliburton stock options.ethics anybody remember cheney was the guy who played a key role in the bush administration's illegal torture program you know the illegal torture program that was based on tactics invented by maoist china and turned our country into a pariah state this guy remember cheney was the guy was supposed to be on the lookout for terrorist attacks in the summer of two thousand and one but was too busy busy instead plotting ways to attack iraq to listen to warning after warning after warning about how al qaeda was about to kill thousands of americans. cheney let nine eleven happened on his watch. american history has had its share of ill j. edgar hoover joe mccarthy richard nixon come to mind to some of the worst but there's no one in recent history who has disgraced our country quite the way dick cheney has he lied his way into an illegal war he profited off that war personally and he's shredded our constitution he's a war criminal and has the blood of hundreds of thousands of innocent people

i'm wondering if i should consolidate. >> halliburton is a point off its 52-week high. would sell that. i don't think there's a lot of upside there. the one thing you have to remember is that conoco has had such a move, take some off the table. 68 in 80s in a straight line. john in california. john. >> hi, jim. boo-yah to you. from san diego. >> nice. >> i'm calling about vertex pharmaceuticals. >> very negative article talking about how there was a presentation, people didn't like vertex. i like celgene. still the cheapest, but looking at 2017 earnings and most people are looking at yesterday. bob in pennsylvania. >> great show and great staff. >> fabulous staff. >> last night, you talked about takeover targets ba based on advantages. >> i think mylan's going to do a deal and every time, i say why didn't i recommend. i typically do not like commodity makers of products. they are low cost producer, but i invite the program anymore. be my guest and that ladies and gentlemen is the conclusion of the lightning round. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male

the supreme court has given a partial victory to halliburton. imposed new requirements on shareholders to want to ring class-action lawsuits. halliburton had hoped to abolish lawsuits altogether. justices refused to go that far. ai is close to settling allegations. will pleadain't guilty and pay as much as $19 billion. the terms have not been finalized. >> secretary of state john kerry is in baghdad today. and topith maliki leaders representing the studious and kurds. this comes as they seize more territory in iraq's northwest. i would like to bring in phil mattingly. give us the latest. >> john kerry just held a press conference in baghdad. he had meetings with prime minister maliki and the top sunni leader. his point was this. this is the time. hinges on of iraq what the government leaders do in the next couple weeks. the primeow is that minister has said that the parliament will be convened by an addedot puts emphasis on what u.s. officials are doing behind the scenes. they're working with groups on the kurdish side to have more of a unifying

dick cheney then goes to work for halliburton, makes hundreds of millions of dollars as their ceo.xt thing he's back in government, it's a good idea to go back into iraq. >> that video was used in a sense as a way to discredit rand paul as a potential presidential candidate, but now you have dick cheney putting an op ed in the wall street journal. of the letters written in response to it, it's pointed out it's six for six, all against cheney. >> yeah, of course, that videotape was something we first broke at mother jones. rand paul goes on to say that dick cheney used 9/11 as an excuse to go into iraq in order to benefit halliburton. back in those days, you know, rand paul was taking really a conspiracy theory approach to his critique of dick cheney. now with the unraveling of iraq and the rise of sectarian violence, something that dick cheney, bill crystal all said wouldn't happen before they launched the invasion of iraq, rand paul doesn't have to go to conspiracy theories anymore. he can stick to the facts and side with what i think the majority of americans who are now looking

this halliburton tanker didn't contain oil at all.e planning for wide distribution of your product, why not go for walmart. >> how good are these fakes? >> some of them are excellent. >> they've cloned directv trucks, fedex trucks, even police cars. and would you believe a school bus? >> what was really interesting is they took dummies so that if they passed by, you would see it passing and you would see it was occupied. >> police is k not say how many cloned vehicles are on the road, but correct spelling is essential for those who don't want to be caught. this truck was labeled border patron. >> that's a common vehicle in our area except for wait says, "border patron." so someone's got a sense of humor on the other side too. >> anna werner, cbs news, dallas. >>> well, coming up after your local news on "cbs this morning," more on the insurgent push in iraq. holly williams is in erbil with the latest. >>> plus why health experts are saying it's okay to eat butter again. and we sid down with writer and producer chuck lowery, producer o

>> the big heavy, not so much by sectors, things like conoco and chevron halliburton is surging.sion i think really is people looking for lagers in the group. we know it's the best performing sector with utilities here to date. some like the group, double back and find a lagger like this and try to play it. >> you obviously see the trade. where do you find the value in the energy sector? >> we have been talking about it. throughout the last month, we have seen tons of upside call buying in afadarko, kinder morgan. it's hard to pin point it. it seems like anadarko is attached to exxon rumors. you look at the xle, it's going gone to the moon here. the price in the actions market seems speculative to me. i have to assume at some point we will get some sort of announcement if a name that can cause another name up. i don't like it here. when you see the sort of frenzy, i think you want to create it. >> final call from the options pit up next. [bell rings] ♪ time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, fro

we were sued by russian billionaire oligarchs for a story we did about dick cheney and halliburton and their business activities in siberia. that suit went on for five years. it was dismissed. but, you know, generally, we're not -- this is a fortunate country in that sense. we don't generally kill journalists or even beat them up, unlike other countries. >> can democracy die of too many lies? >> i don't think there's any question about it. you're usually the one who quotes scripture. but my only thing i could ever quote -- i may not even have it perfectly right -- but from proverbs. "when there is no vision, the people perish." that happens to be one of the all-time, most interesting statements i've ever heard. and i think if you don't know what's going to happen and you don't know what is happening, how are you going to embrace any problem of our time with any seriousness? if all you're ever doing are two parties fighting over everything and everything is debatable, and you can never reach a consensus on any single thing, and you don't even have common goals anymore, what are we here?

info graphics they talk about various metrics and big data and they're in the same business as halliburton or chevron and they're competing with each other in this region of iraq that they they are become the equivalent of goldman sachs in the area and we were saying this for quite some time that there really is the difference or come from the same cloth the terrorists and the bankers there they have the same mindset they're both the jihadi s. one follows out of smith's one follows the qur'an they're both ideologically willing to kill themselves and others for their belief. using financial.

. >> reporter: sheriff t michael o'connor has even seen a halliburton oil tanker used.think of it, they can clone it. >> i think they probably spent a lot of time seeing what type of clone they can make. >> reporter: how good are these fakes? >> some of them are excellent. >> reporter: this ambulance carried e.m.t.s and a fake patient. the marijuana was stuffed into the ceiling. >> they'll bail out and take off. >> reporter: sergeant jorge medina first stumbled upon the problem in 2007. he got into a car chase with what looked like a texas department of transportation truck. it finally spun-out. >> it had flipped over and there was black bundles scattered all over. >> reporter: it held nearly a ton of marijuana. police don't know how many cloned vehicles are on the road. but sheriff o'connor counts at least 15 seized in the region carrying tendons of marijuana since 2007. they also confiscated this u.p.s. 18 wheeler. so how much does a truck like that hold in terms of drugs? >> tons. let's just leave it at that. >> reporter: there was nearly 1.4 tons stashed under the s

info graphics they talk about various metrics and big data and they're in the same business says halliburton or chevron and they're competing with each other in this region of iraq that they they are become the equivalent of goldman sachs in the area and we were saying this for quite some time that there really is no difference or come from the same cloth the terrorists and the bankers there they have the same mindset they're both the jihadi s. one follows out of smith's one follows the qur'an they're both ideologically willing to kill themselves and others for their belief. using financial weapons of mass destruction or. roadside bombs that makes no difference well that's kind of the foundation of all of our global trade and financial system is you know markets started back in the sixteen hundreds in the netherlands in amsterdam and why they were seeking funds to go off on their ships across the world and plunder other areas much like what the somali pirates are doing by the way they also have a basically a stock market which sure raise funds to invest in the next venture to go out and raid

share of criticism over his reach abroad specifically over whether his teil ties to the oil company halliburton played into president george bush's invasion of iraq in two thousand and three here is rand paul back in two thousand and nine on that. change the new that i mean that's what we're going to. do you need to work for over a hundred million over here this evening that i'm going to do it. in a war that ended in controversy as the violence reignited so does the war of words here back at home. and i'm a round in iraq the country's biggest oil refinery beijing has been shut down and its foreign staff evacuated local staff remain in place in the military claims it is now in control of the facility the refinery in beijing sits less than fifty miles north of the city of to crete which militants seized just last week the beijing refinery accounts for a quarter of iraq's entire refining capacity and while the process is oil entirely for domestic consumption like gasoline cooking oil and fuel for power stations and outage there could lead to greater chaos in the country the stakes for the oil mark

info graphics they talk about various metrics and big data and they're in the same business as halliburton or chevron and they're competing with each other in this region of iraq that they they are become the equivalent of goldman sachs in the area and we were saying this for quite some time that there really is the difference or come from the same cloth the terrorists and the bankers there they have the same mindset they're both the jihadi s. one follows out of smith one follows the qur'an they're both ideologically willing to kill themselves and others for their belief. using financial weapons of mass destruction or roadside bombs and makes no difference well that's kind of the foundation of all of our global trade and financial system is you know markets started back in the sixteen hundreds in the netherlands announcer down and why they were seeking funds to go off on their ships across the world and plunder other areas much like what the somali pirates are doing by the way they also have a basically stock market which sure raise funds to invest in the next venture to go out and raid so

i don't know how companies like halliburton or hired. want.s. government did not saddam torching all the wells like he did on his way out of kuwait. they may have taken steps to ensure that. i cannot address that question. host: dennis is next. good morning. isler: the question i have people don't believe the news. we are all being programmed. a lot of americans died over there. what do you say to those people who died for oil? as a treasonous to use our military to help corporations get oil and other things? face wears a suit has a flag pin on the recall could -- lapel. thank you. guest: i don't have a flag on my lapel. terrible, iomething am not expecting to go to prison. i am not an elected official. i don't how to respond to that. host: tom is joining us in north carolina. thank you for waiting. is the gentleman familiar with books written back in the 1980's? they were written by a french economist. are you familiar with those books? guest: no. host: why'd you bring it up? caller: he documents everything about opec. they have not boosted pri

halliburton is having a strong bay. >>> doc, you flew all the way in for us today. >> epi, the india epf. i bought it again. >> national -- >> john deere. >> suntrust. >>> power begins now. thank you very much. >>> and the apple worldwide developers conference beginning any minute now. that is video from just a short while ago, people lining up in san francisco. we have a full team inside that hall, and we're getting video, pictures, information from inside. cnbc scott just took this picture as the people attending the -- apple share is down 32% from the summer of 2012 to the summer of 2013, down it's almost half a percent on the trading session at $630.06. in the last year, however, the stock has seen a dramatic turnaround, up more than 40%, ty. >> and carl is live in san francisco, my friend jim cramer is here to help us through this hour, watching all that is going on with apple and the developers conference. carl? >> hey, guys, buckle your seat belts, keep your arms and legs inside, the next hour is likely to be choppy with a lot of headlines. we will have our ear tuned. we're ac

preston wheeler, a truck driver for halliburton auction sidiary kbr is working in iraq.ry. >> easy job but we went to the kill zones all day, every day. >> on this september day, wheeler is scheduled to carry supplies from the camp to operating base mckenzie, 45 minutes away. >> i said, "preston, you've not made any pictures or took a video or anything in a while. why don't you do that again." >> so using a new camera that his mother sends him, wheeler begins documenting his day. >> that's new camera? >> yeah. i wanted my family to see the places that they'll never get to see in their life. >> he gets into truck five and joins a caravan of 12 trucks and their military escorts. with one hand holding his camera and the other holding the wheel, he hits the road. >> the town was dangerous. a lot of ambushes there. a lot of people shot. >> the convoy becomes a target almost immediately. >> knocked the hell out of us. told y'all we were going to get rocks. >> is everybody all right up there? >> they're in grave danger, and it's because the lead military escort took a wrong tur

. >> what about halliburton and some of these names? >> they've been the leaders so far. >> but the evaluations are still low. you look at some of these names. i think there's plenty of upside in these names in the service sector. >> rigg is different than slumber jay. i was thinking the service side, those have been the leaders this year and they're not actually that cheap. >> i think it's important to highlight what's really -- the way you have to look at this is not so much in the short term. pete mentioned before the reason yesterday for the market being down. some said eric cantor, some said iraq. i don't think that's what you want to focus on. i think if you want to talk about eric cantor, you want to say to yourself, is there a potential solution here in the u.s. where we can increase our production. we had the conversation in las vegas with harold ford. i said does keystone get done. he said no way. in the wake of the loss of eric cantor there's no way it's getting done. you mentioned before, analysts slowing coming around. the

halliburton got $7 billion and no contracts before they went in? it's either they didn't know what they were doing or they did it out of greed. and i'm not saying greed is a bad thing. but that is what has happened here, i think. >> let me read part of the op-ed. rarely has a u.s. president been so wrong about so much at the expense solve so many. too many times mr. broome has told us he is ending the wars in iraq and afghanistan as though wishing made it. so his rhetoric has now come crashing into reality, watching the black-clad isis jihadists take territory once secured by american blood is final proof. if any were needed, that america's enemies are not decimated. they are emboldened and on the march. so what do you think of the policies here? does dick cheney have any credibility when it comes to criticizing the administration when the faulty intelligence got us into the iraq war in the first place? >> well, don, i need to tell you, as the senior intel guy, when we went to war in iraq, i was the guy that was holding the wmd bag and had to try t

at least 20% growth in oil services, halliburton is another example of that. you could see this in apple even, who's at the bottom of its valuation chart over the last five years. and yet last five years, probably about to introduce a bunch of new products. there's a lot of places where investors can feel safe. >> perfect place to leave it. bob, jerry, thank you very much. simon, over to you. >>> sue, the crisis in iraq, syria and the jordanian border shows no signs of -- there is reports that they have struck sunni targets inside iraq. one report says scores of civilians have been skilled. secretary of state john kerry is in northern iraq visiting the kurdish president, urging him to keep iraq together. statements from the kurds, however, show there's no willingness to do that. the kurds are moving toward a de facto state of their own. in iraq itself, the prime minister malaki seems to be suggesting he doesn't want to form a more inclusive government, either. >>> major news directly for the oil markets. the white house seems to be starting to clear the way fo

halliburton, weatherford are moving out. they can't leave their people in there. so where are we? that's your question to me. we are using 19 million, producing 8 1/2, importing 10, 11. where does it come from? 4.5 from canada, the rest around the world, but 4.5 from opec. we don't get -- i don't believe we get any oil from iraq. we get a million 7 from saudi arabia, but opec includes venezuela, nigeria, angola and other countries around the world. what you've got to look at on a global basis that we are producing 92 million barrels a day, for the world. >> and using about 92 millions barrels a day. that's myopoint. if iraq goes off-line, we don't buy their oil directly, nor from some of the countries you mentioned, but if they go, that reduces global supply and prices go up for everything, when theoretically we have the ability to at least be more independent than we are. >> okay. the absolute to that is bring together mexico and canada with the united states. we would be the market for members canned and canadian oil and they have reserves and production they use. we're using fr

interesting die famics, they are still running to a certain extent, but.coming out of there to halliburton -- >> for instance, do we want to go the total routes or? >> i tell you what, one of the problems also with integrated oil is traditionally when oil spiked, these things didn't rally because of all the reasons that we know the economy, there was never a sustainable view you can hold oil prices. now, this was really the view prekind of super commodity strikes. hess is the best value, especially if they sold off the retail business. they got a buy back coming. this has the most on valuation. i think if you look across the space, refiners start to get a boost when people speculate whether they can increase capacity. >> hess is interesting. a nice run, it's significantly lower than levels we saw at possibly seven, eight years ago, possibly longer, so to tim's point, hess is interesting. it could play catch-up the same way conoco philips played over the last year him when they spun off psx, it was two-and-a-half years ago, that stock took a bath. same ting could happen. >> it's not just ir

we look at halliburton as an example of a stock we like.dman sachs -- >> northrop grum mond. >> cisco would be another example. companies basically -- some of the characteristics we're looking for. a more difficult stock selection environment. we're trying to be selective in stock. >> and you like risk. i'm wondering covering of the papers, go daddy ipo, $750 million. a lot of big anticipated technology ipos. when your clients ask you if they should be getting into them what do you say? >> if we think about where there is value opportunities in the market, broadly speaking we want more value oriented than growth at this juncture given the high starting point of valuation. technology is of the sectors in the market is the most attractively valued part of the market. that's a big area. on the other extreme consumer staples on a valuation metrics are very, very expensive. that would be where we would -- >> separate the technology component from the ipos that we're seeing with these sky high valuations. >> so again the technology is an area of

i believe you'll see schlumberger and halliburton moving in the same space. they are up again today, those stocks, so i don't get out of those, michelle. that continues to play out as far as broadcom, when they get a bid, they basically put it out there that they want to get rid of one of their chips and put it out for sale. i think the stock trades north of 39 on that, and i think that that sale is when you get out of stock and that's when i'll lighten up. >> eric schneiderman coming out swinging against barclays. the new york attorney general filing a big lawsuit against the bank claiming it lied to investors about the makeup of its dark pool. mr. schneiderman explained his case this morning on "squawk box." he did. i heard it myself. >> compelling story. >> all right. >> guys, we got it. let's go. >> they had this very elaborate presentation to investors about how safe their dark pool was, how they screen and rated all traders to protect themselves -- protect their investors what from what they call toxic predatory aggressive traders, meaning high frequenc

halliburton, schlumberger, weatherford, could eat into the companies' bottom lines. it happened before. baker hughes reduced its fourth quarter profit by $80 million after operations were suspended at a facility last year, but for now those stocks are also benefiting from the higher oil prices and moving up today, too, tyler. >> cuts both ways potentially. morgan, thank you very much. >>> as oil rises you know what happens to airline stocks. they fall. let's take a look at a board of airline stocks as a group. you see american, delta, united, jetblue, and alaska air all with significant declines. delta, more than 6% as is americanairlines and united. the other two with somewhat lesser declines. sue? >>> ty inflation has been vanquished and rates will be low. that's the report to pimco investors since his return to that firm. first on with the power lunch" we're pleased to welcome back paul mcculley live from beautiful newport beach, california. good to see you, paul. >> good to see you, sue. >> let's start with this note. you spent a lot of time talking about well an

. >> that is the halliburton case?ndy, which ones would you point to as being the most significant? >>aereo is probably number one on tve of the impact broadcasters and tv stations. is a knock on effect of client services providers. there is a real question that if ereo.ourt rules against this could hurt cloud developers. which doof the cases seem to have implications of business are the hobby lobby quinn.nd harris versus some of this has more of a social or political consequence. they involve directly or indirectly cap honeys. >> absolutely. take hobby lobby. the question is whether a company whose owners have religious beliefs about not providing certain forms of contraception in health care to their employees can be exempt from the obamacare statutes requirements that that coverage be provided. if the court recognizes that kind of religious exemption, it will not just apply to contraception. it opens the door to all kinds of potential challenges to government workplace regulations. an employee can say i have a relig

and base precious metals and they folded 40% of the holding into energy stocks like baker hughes, halliburtonger. what is leading market higher is energy. liz: look at yield, ten%. >> 10%, they have a covered call buy right strategy they put in place. as volatility increases throughout the balance of the year i which i think will take place in commodity and energy this, is good to bring in premium. covered call premium. pays monthly. nice way for people to get involved in that part of the market with diversified portfolio that pays a double-digit yield. the stock paid around 20. today it is around 10. gold a hair over 13. i think we can catch a nice trade and at least be well in front of inflation demons if in fact they come out of the bottle. david: the yield is not quite so good, but master limited partnerships always have good yields, really attractive yields, well above inflation. a lair i don't know is one you focus on, why? >> one of the leaders. it's a universal name. an mlp exchange traded fund fit for just about everyone, because, one, it does cast a net over the entire sector and th

this halliburton tanker didn't come tain oil at all.ibution of your product, why not go for walmart. how good are these fakes? >> some of them are excellent. >> reporter: they've cloned fed ed trucks, police cars, even a school bus. >> they also have dummies so if it passes by, you would not see it. >> correct spelling is essential for those who doan want to be caught. this truck was labeled border patron. >> that's a common vehicle in our area except for what it says border patron. someone's got a season of hnse as well. >> reporter: so when an ambulance flies by, you have to wonder too. when they pulled one over, they found even a patient. >> border pa trone. >> i think that have to go to school. >> it was more that than a >>> ahead, the first government study of its kind in a decade on fish. finding the healthy balance while keeping mercury off your dinner plate. that's coming up right here on "cbs this morning." but add brand new belongings from nationwide insurance... ...and we'll replace destroyed or stolen items with brand-new ve

if you look at the cases like halliburton, people were hoping that would strike a blow.or a company to actually prove everything is working well. >> it ends up and posing a lot more costs and it's great for lawyers but i don't think it's going to make any difference in how the cases come out. , totwo environmental cases class-action cases, the plaid -- the plaintiffs bar one both. there were a lot of unanimous cases were business did well, but in the close cases this year, more often as this was on the losing end of the stick. people in the past have said this is a pro-business court, but now i don't think this is going to make people say this is an antibusiness court. you think about that? i would agree my interpretation is this is a pro-business court. what is your overall take? >> i agree with andy. there are some areas of the law or the court generally sides with business. it is skeptical about what it sees as litigation driven by the plaintiffs. it's supportive of arbitration which is something businesses like. so there are areas of the law where the court usually s

this halliburton tanker didn't come tain oil at all. good are these fakes? >> some of them are excellent. >> reporter: they've cloned fed ed trucks police cars even a school bus. >> they also have dummies so if it passes by you would not see it. >> correct spelling is essential for those who doan want to be caught. this truck was labeled border patron. >> that's a common vehicle in our area except for what says border patron. someone's got a season of huense of humor as well. >> reporter: so when an ambulance flies by you have to wonder too. when they pulled one over they found even a patient. >> border pa trone. >> i think that have to go to school. >> it was more that than a >>> sea breeze cranking up. the fog is back in parts of the bay area. lots of sunshine coming our way by the afternoon and already sunny over san jose. but the temperatures will be cooler into the afternoon. that low pressure center approaching the coastline will help to drop the temperatures over the next couple of days. still comfortable in some of the valley, 7

energy related stocks, the big ones, exxon mobil, chevron, several oil services companies like halliburtons, all moving higher, green arrows across the board. the higher oil prices impacting the airlines as well. look at american, delta, united, continental, southwest, jetblue, all down between 4 and 6%. right now southwest and delta, sara, among the two worst performers in the entire s&p 500. back over to you guys. >> all right. thanks, dom, for pointing out the ripple effect. speaking of airlines a question for you, which is worse? airline travel or the dmv? that's the question we asked in a cnbc -- >> can there be a tie? >> economic survey. can it be a tie, steve liesman? he has the results at hq. >> who asked that? >> scott wapner. >> he's a spoiler. ever sit in the airport or one of those crowded planes and say to yourself i would raetser be doing -- i don't know walking on a bed of hot coals. would you rat rather be at the dmv or at an airport. a tie. 12% say it's equally bad, 40% say it's worse to be in an airport. 2% within the 3.5% margin of error say that the dmv is worse. we dri

but schlumberger, halliburton, and baker are up 30, 20, and 18% respectively because you can't toucher you're angola, russia, nigeria, venezuela. you can't touch that oil without getting to the american drilling technology. china, nobody can touch their oil and gas without these good companies. >> and that said, david, going into this weekend how worried are you about what's happening in iraq? >> well, i think this is very serious. and i'm glad our president and people are waking up to this. kelly, it's -- iraq's oil production has gotten up to 3.6 million barrels her dper day. that has a chance to roil the oil markets. all the american men and women who sacrificed. nobody knows the number, a trillion, two trillion into this. many lives lost. many people maimed over there, these ieds, the impro viesed explosive devices. to me i'm very, very happy to see the american people, the response. the last two days leader editorial in the "wall street journal," the lead editorial has been about this is a very serious matter, this is not nothing, this is not the same -- crimea is important, but

. >> and you talk to halliburton, every time i talk to them, what do they say?hey look into the camera, where is the camera, look into camera six and say we need another thousand people. but try to find them. you have to some education. >> jim mentions gm. officials believe that ceo mary barra will be cleared of any wrongdoing in the recall crisis, that's according to the times today. gm's internal probe led by former u.s. attorney anton, expected to name individuals and departments within the company. last night on "mad money" jim is sticking with his call to buy gm. take a listen. >> when i recommend gm four weeks ago i took a chance the monthly numbers for may would be good. what's the astounding thing, those numbers were far better than i expected. yet the stock is not up 50 cents from where i got behind it. in many ways that is the most absurd fact of all. which is why i'm telling you right now, it is time, it is still time, to buy general motors. >> look, mary barra gave a -- that was a fabulous article about how she's putting it behind her, may 28, she ga

on the oil services side you've got halliburton at a record hoy or setting one and baker and schlumbergerther multi-year highs and big names like hess, on the integrated side, apache and new field exploration as well. they have positive momentum, so that wraps up our look at energy sectornomics and hopefully you've learned where the companies fall on the overall stream in the energy trade. back over to you guys. >> dorge thank you so. 12 minutes to go before the close on wall street. dow jones up 15 points, and the s&p up less than a point much more ahead on marks as well? next hour of the show the ceos of tyson food and ea speak with me, tyson winning the bid for hillshire. we'll find out why the company went so high to pay up for hillshire and ea with on the biggest gaming conference of the year. lots to discuss. ♪fame, puts you there where things are hollow♪ the evolution of luxury continues. the next generation 2015 escalade. ♪fame are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly mon

i don't know how companies like halliburton or hired. want.s.nment did not saddam torching all the wells like he did on his way out of kuwait. they may have taken steps to ensure that. i cannot address that question. host: dennis is next. good morning. isler: the question i have people don't believe the news. we are all being programmed. a lot of americans died over there. what do you say to those people who died for oil? as a treasonous to use our military to help corporations get oil and other things? face wears a suit has a flag pin on the recall could -- lapel. thank you. guest: i don't have a flag on my lapel. terrible, iomething am not expecting to go to prison. i am not an elected official. i don't how to respond to that. host: tom is joining us in north carolina. thank you for waiting. is the gentleman familiar with books written back in the 1980's? they were written by a french economist. are you familiar with those books? guest: no. host: why'd you bring it up? caller: he documents everything about opec. they have not boosted prices so

us going into iraq, halliburton was not allowed into the country. host: bring it back to airstrikes. caller: why continue this? in 1961.ted why continue this? we know what's going on here. by thears are started south. in the military contractors -- they are in the south. host: republican line. nick from florida. let's move on to judy in florida as well. democrats line. caller: hi. us engaging inf airstrikes and putting special forces on the ground. i think it is very important we do that. people in this danger frommize the the extremists in the middle east. it is almost unbelievable to conceptualize what a threat it is to the people in the region. us that we are not so far away from that danger. frightening to appreciate that reality. host: you identify as a democrat. a previous caller said if president obama goes down this road, it would divide the democrats. what do you think of his statement? caller: i think it might happen. but i think there are some that are more important than political considerations. for puttinglt obama political considerati