joining us now to talk more about this is john larson co-author of the study. john, thanks for joining us and, you know, this is great news to hear. we all benefitted from lower prices, but as you look out and you're making your forecast out to the year 2020, how much of your assumptions are based on lower energy prices? it might not work out that way, right? >> well, i think you're right. there is an important story that has to be told about where the energy prices will go and when you look at the supply side, the rapid growth in this technology has unlocked a tremendous amount of resource space and tremendous growth in both oil and natural gas production. so we feel confident about that underlying assessment of where that supply will go and the corresponding price paths will be. there is a tremendous wealth of availability of natural gas in this country of around 4 to $5 and btu. when you look at relative to the global prices, and that's the key, that's what determines the break even economics for the underlying plays allowing us to enjoy this energy renaissan

. >> john larson of ihs. john, great stuff.nk you very much. >> has your energy bill shrunk out there? let us know, tweet us. @squawk on the street, at cnbc. >> a private ticket around the world. >> why theme parks should have you thrilled about this economy. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. ...amelia... neil and buzz: for teaching us that you can't c

representative john larson heard from both sides of the syrian debate in connecticut yesterday but sayst decided how he will vote when he gets back to capitol hill. >> obama! obama! hands off syria. >> rallies like this await lawmakers and, yes, you just saw all of those rallies that are being staged both sides staging massive rallies. we are joined, again, by the gaggle. perry bacon and maddie duffner and steve jones. the question of the hour is this getting through congress? perry? >> i think it ultimately will. you have the house anti-war democrats and are weary of war and libertarian and anti-war democrats and the caucus that opposes obama on everything. >> i hate to agree with perry because i don't know if this is the best outcome but i think congress is going to have a hard time voting against this kind of action. however, i hope they ask the hard questions and i hope we don't have a caucus of people who just want to vote against obama. they want know what this will accomplish and i don't think we have those answers yet. >> steve, this is perilous for some who are up for re-electi

john larson from connecticut -- as congress begins its debate, we must exhaust all international avenuesin response to attacks and syria. twitter.com/cspan. the former u.s. ambassador today released a statement of support, and supported the administration and a potential military strike saying -- >> earlier today, the state department ordered u.s. nonessential -- nonessential u.s. diplomats to leave lebanon due to security concerns as the obama administration and congress debate potential military strikes on neighboring syria. the issue was brought up at today's state department reefing as well. -- today's state department briefing as well. >> good afternoon, everyone. i am sorry that august is over. i do not have anything at the top today, so i am happy to start with your questions. >> let's start with embassy ,ecurity, personnel movement non-evacuation, evacuations. threats that exist, that you believe to exist to your personnel in interest to lebanon, beirut specifically, are they related to syria or are they related to something else? >> there are potential threats, as we said, and t

analyst edward snowden are james larson a reporter for propublica, and james barrett, britain's equivalent of the cia. and matthew green a cryptography researcher from johns hopkins university. i thank you gentlemen for joining us today. fascinating story jeff looking through these documents. the laterrest dump of documents from edward snowden is again enormous. what is the most striking piece of information you want to cover? >> well, i think the fact that the nsa has waged a decade long war against the encryption we use every day oprotect our communications. in the '90s we had this sort of idea proposed as a public program called the clipper chip where they would hold one encryption key to unlock communications and another key would be to protect the communications to the people you were communicating with. but in this case documents show they have been waging a secret campaign to undermine encryption by inserting back towards influencing standards and looking for software vulnerabilities that are not necessarily known to the public. >> but what in the end is the big deal? they are not supposed to look at any american communications unless they have a w

john kerry and president obama. robert costas, cnbc contributor and washington editor for the national review. and lars larsonnationally syndicated radio host. gentlemen, help me out here. bob costa, i must go to you first. at the very end of my interview, i don't know if you heard it, with rand paul, he said there are going to be procedural problems there is overspending. they have broken the sequester budget caps, which actually not only can you not do, because it breaks the legislative rule, but it stops all kinds of other votes. i just want to read this, because i had it in my notes, courtesy of steve moore of "the wall street journal" editorial board. the spending cap for this coming year 2014, discretionary spending sequester, $967 billion. okay. in the house, they put down $988 billion, roughly $20 billion above the level. and in the senate, apparently they're coming in at over a trillion dollars, a trillion 5 0 50 dollars, about 75 or $80 billion above the caps. bob costa, this throws a monkey wrench into the whole story, because no one was disputing the spending part of this. the dispute was about th

larson. as a councilor, grace is fierce, strong, steady. >> assault and drug possession. you realize that's enough to get your ass thrown in juvie? >> in private with her boyfriend, fellow councilor mason played by johnonce she's been a victim of abuse herself. >> it's out of my head. >> they represent the me curear thoughts that grow out of your gorgeous mind. >> why are you so nice to me? >> every day grace bikes to the squat, unlovely facility, where negotiations for power with kids who have none seem endless. >> can we play big and small? >> is that a real game or is that a game you just made up? >> there it's a real game i just made up. >> there's so much free-floating pain, you don't see the abuse or the abusers, only the consequences. you see marcus, played by keith stanfield, who is about to turn 18 and have the leave, he's so broken, so angry. the rap he shares with mason is a finely channeled howl of rage at a mother who wasn't a mother. >> look into my eyes so you know what it's like to live a life not knowing what a normal life's like. >> you see punky, upper-middle-class jayden played by caitlin dever, so studily is blase and overdefended. >> i'm going to be living with my dad soon and i