law school. >> bill smead of smead capital management thank you for that >> yeah. >> thank you >> harold hammnot just john hamm >> did i say john? >> no. >> it could have because i was very optimistic about that green heat map, and it's a sucker rally. >> thank you very much, bill smead. >>> and coming up, mastercard looking to bring crypto to the masses we will tell you about their new plan and why it could spell trouble for names like coinbase. >>> plus a big user uptick, a big activist bet, and what's old is new again we've got the trade on roblox, splunk, and fox. funky names today. we'll be back in two minutes with stocks firmly in the green, the nasdaq up nearly 3.5%, folks. welcome to ameriprise. i'm sam morrison, my brother max recommended you. so my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors the garcia's, love working with you. because the advice we give is personalized. hey john reese, jr. how's your father doing? to help reach your goals with confidence. my sister told me s

back certainly there's a lot of energy-related headlines today from bp buying renewble company to harold hammake his company private. there's also something happening that not getting much attention, which is the real possibility of some diesel fuel shortages in the northeast this winter. that would be a big deal joining us is the cofounder of oil price information services tom, i was following some of your research last week, we talked so much about europe and their problems, it feels like the northeast, new england in razor's edge here. >> we are on the razor's edge, and the reality is we've been moving closer to that in the last few years a lot of the big storage terminals, places that would have a million barrels of diesel or heating oil, have been shut down or they have been repurposed to sort of, you know, general warehouses and so forth. so, we have a just in time inventory situation, and with europe, really, the big kind of question about what's going to happen between now and december 5th. we're not sure if we're going to have enough, and i would venture to say that we're seeing, you

. >> i'm thinking about one right now, harold hamm >> wow glad we mentioned it >> yes, harold hamm. > buying the rest of his company. i think this is fascinating. he did not understand the propensity, the new way that people in the oil business were which is, don't drill, baby, don't drill, and i think he's had it he's saying, listen, oil's up huge, i'm going to take advantage of it. so interesting that when i metric moncrief, the leader of, let's not drill, let's run capital, and he has changed the paradigm and hamm wants the other paradigm >> let's tell people mr. hamm controls 83% of the stock of this company. but he wants to own the other 17%, and he's offered $74.28 a share in order to do that. so, that's a tender offer out there right now. and again, the hamm and the hamm family, again, controls about 83% of the outstanding shares. so, he completely controls the company as is, but wants to own every last bit of it >> well, i mean, david, can't someone say that he is giving too low an offer >> unclear whether that price will carry the day offer price, by the way, does include 28