natural gas which is the way to us and liquefied natural gas does burn cleaner than crude but certainly coal is that in your opinion would that be at least a little bit more viable solution to our oil dependence well yeah i mean there's no question that we've seen a mission reductions in the united states as our electric power fleet has relied more on natural gas than coal because of as you know the emission benefits of of gas relative to to oil and coal the problem here is that there is no such thing as benign fossil fuel extraction any time you are hydraulic fracturing tens of thousands of wells injecting chemical fluids into the ground you're going to increase the risk of water contamination and and localized air pollution and methane emissions which is a major greenhouse gas emission so when our desire to become a natural gas export in state i don't want to see us have to start importing clean drinking water well that makes a good point but alternative energies themselves also have caused their environmental impacts of the manufacturing of solar cells even when turned by turbines ki

liquefied natural gas, revolution in natural gas, making our country more competitive.s involved in it that aren't. i've got cheniere, cabot and cummins and they are. don't move. >> tomorrow kick off the trading day with "squawk on the street." live from post nine at the nyse. >> when everything is right, don't change a thing. when everything is wrong, everything is up for grabs. >> it all starts at 9:00 a.m. eastern. >>> it is time. it is time for the lightning round. rapid fire calls. are you ready skeedaddy? lightning round. want to start with kent in colorado. kent. >> caller: a big, hearty mile high boo-yah, jim, from denver, colorado, my stock realty income corp. >> it yields more than 5. if they go down to 5% then i pull the trigger. lets go to al in new jersey. al. >> caller: hey, boo-yah from new jersey. >> thank you, boo-yah back. >> caller: listen, i read your book. i want to ask you real quick, what's your feelings about amazon. >> amazon is like solar city, a cold stock. i don't get in front of a cold stock. i love the product and for a lot of people that's

liquefied natural gas, revolution in natural gas, making your country more competitive.r companies involved in it that aren't. i've got chen ear, cabot and cummins and they are. don't move. >> tomorrow kick off the trading day with "squawk on the street." live from post 9 at the nyse. >> when everything is right, when everything is wrong, everything is up for grabs. >> it all starts at 9:00 a.m. eastern. we're cracking down on medicare fraud. the healthcare law gives us powerful tools to fight it... to investigate it... ...prosecute it... and stop criminals. our senior medicare patrol volunteers... are teaching seniors across the country... ...to stop, spot, and report fraud. you can help. guard your medicare card. don't give out your card number over the phone. call to report any suspected fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 1

officials at the united states energy department have for the first time approved exports of liquefied since the state of japan. nhk world spoke with tokyo gases vice president about what's at stake. >> hello. >> nice to meet you. >> i understand that the current administration has the positive position for the export. we expect a few more project will be approved in the next few months. our project we already have a contract with the resources and energy from cove point is one of them. >> reporter: tokyo gas has already sign add deal with an american firm to buy from shell gas. the deal had blocked exports until now. experts say shale imports will cut the overall fuel cost by up to 15% by the year 2020. tokyo gas is building the world's biggest underground tank to store the imports. 72 meters wide and nearly 62 meters deep. the company hopes to expands its domestic business using cheaper gas. >> how will it change your business strategies? >> the energy to japan and asia already been diversified from the varus sources like asia, australia, middle east and russia. u.s. shale gas will m

it's completely liquefied. all that nutrition has been turned inside out.verything has been completely broken down. and when we pour it, we can see just how glowing it is, beautiful. the real test is always the flavor. let's give it a try. that, ladies and gentlemen, is what i call a nutriblast. we've taken all of those cells, pulverized, flipped them inside out, got all of that juice, all the nutrients, the vitamins, the minerals, the enzymes, the essential fatty acids, the protein, and now we can actually assimilate and utilize those nutrients. we've turned this into a superfood. listen, juicers makes juice and blenders make smoothies, but the nutribullet makes nutrient-packed nutriblasts. all i'm asking you to do is have one nutriblast a day and that will transform your life. >> about five years ago, the doctor told me, after taking my cholesterol numbers, that i was going to have to be on cholesterol medication and most likely for the rest of my life. we tried to address it with diet, we tried to address it with exercise and neither of them seemed to wo

the profits may as well be glazed and liquefied sugar.it's not, it's always about "money." ♪

the profits may as well be glazed and liquefied sugar. but even when they say it's not, it's always about "money." ♪ dennis: and our stock -- top story tonight, social security and how long willt really last. the annual social security trustees report releasedoday says the program will go belly up in just 20 years. the medicare finance committee 30 years or so to go bust. is the situation dire or nothing to worry about? here to cross the numbers, -directorf social security works and dan mitchell from the cato institute. thank you for ing with us. why don't you start us off. what do you think of the report? >> actually it's good news for the american people showing that social security is extremely affordable. it is working even in this recession. $54 billion surplus. and almost $3 trillion a cumulative surplus and i can pay all benefits for the next 20 years and with just small anges it can pay benefits for the foreseeable future. dennis: okay. but we have some numbers that we put together. take a look. this year so security, 2013, it wil

are doing a lot of purchases but yet on the other side of the ledger, what are they doing to try to liquefyey're sending distourting signals to the repo market. you have a number of new regulations coming down the pipeline which most likely will fall on money market investors. >> and this is some of the collateral issues. >> some tax issues. on the backside of it the fed wants -- >> even while they're buying tens, thnt rethrowing $13 billion, $14 billion in -- without the overnight repo structure the gears are having a hard time meshing and turning. >> that's exactly right. >> why is this a big plus for all those out there that may own cme stock? >> there are a number of different things but a long story short, ten-year treasury futures trade the seven year curve. given the distortions and the regulatory push from dodd/frank and the fed, these instruments are all eventually going to land right here. >> so as opposed to getting involved in all these questionable structures, having all these fails because the security you borrowed you can't find to replace, they just do the easy short which i

is why some of this is still r&d, and one of the areas that is more and more viable is the use of liquefiedad talked to me a year ago, we would have said that really, there is no al teternat to diesel for the tractor-trailer fleets over the country, and what we are seeing with the low price of natural gas and with some of the the technology innovation, it is becoming more viable. although the capital expense is very large. the cost of a tractor is almost double that of a conventional right now. >> and kurt, a quick comment if i could. the fedex has said now they plan to cut the capacity costs reported by the "financial times" and do you plan to do the same? >> well, we have made adjustments most notably out of asia in the last six months, and watching that closely, and have been really adjusting the fleet downward to make sure that it matches the demand. we are in pretty good shape as far as the fleet right now. >> all right. kurt, thank you for joining us, and congratulations the award last evening and we look forward to talking to you real soon. >> thank you. >>> and stocks on the move. w

two weeks ago the department of energy approved one of many requested permits to export liquefied natural gas. given that a recent study showed that exporting liquid natural gas can lead to over 200,000 u.s. jobs, it's time for the department of energy to approve the rest of the applications and let the market drive our success. cut the red tape for job creators, and if we embrace a path to energy independence, one that allows the market to pick winners and losers rather than washington, d.c., we'll get our economy going again. i yield back. the speaker pro tempore: for what purpose does the gentlelady from texas seek recognition? he gentlelady is recognized. ms. jackson lee: mr. speaker, i am a strong advocate for the first amendment and for the freedom of the press. i believe that there is no question of the sanctity of that provision. even to the extent of being a strong supporter of the shield act so many years ago, and now joining my colleague, congressman ted poe and john conyers and others, on legislation to provide that armor. but i will not stand by while malicious and unsubstant

sitting on their oak desk are dusty folders holding applications to export liquefied natural gas. in 2010, the oil and gas industry contributed almost $500 billion to our economy, and over the last seven years, the amount of recoverable natural gas in our country has skyrocketed. for the first time in our nation's history we have more natural gas than we can use here in the united states even if we tried. america can sell that gas on the global market for billions of dollars, creating thousands of jobs in the process, but we're not doing it. for one simple bureaucratic red tape reason, the department of energy. . in typical washington-style fashion we have seen delay, delay, delay by the department of energy to approve these permits. over the last 70 years this bureaucratic hurdle was hardly noticed as the u.s. was an importer of natural gas, but not so anymore. technology has changed all of this. there are some 18 export applications sitting over there on those desks in those dusty folders for the d.o.e. to approve. the department's response, no response. the last three years the

>> well, this is a company that you need to make liquefied gas and convert and united parcel says theyout this one? >> this is in homage to mcnerney and what he is doing with the precisions cast, all-time high. look at that. what a stock. >> that is amazing. >> speaking with other things that are at an all-tie high tonight, you have a trika of guests. >> well, howard schultz has been ten years at the job, and he is great. and terry lundgren getting it rig right. and alan mulally had the best month selling trucks since 2006 and the company could be on fire here, america, and we have to find out about latin america and europe. >> the f-150 has replaced the camary has the most american-made car on the market. >> well, i have bought a f-350, and i have to tell you, you are king of the highway, carl. king! >> and let me tell you about the market here as we said the best three days since the beginning of the year, and does it seem like too short of a time to reset expectations on rates, on growth? is this a head fake? >> well, we are all, and again, i don't want to be too technical here, but

are in a hearing today in the energy and power subcommittee talk about exporting coal, exporting liquefied natural gas. that will be revenue and jobs to this great country. for many of us we haven't seen times like this in a long time and it's for us in the public policy arena to make sure we don't mess it up by increasing regulatory demand and other hurdles which will inhibit the entrepreneurs and the risk takers from taking advantage of this great opportunity. with that, mr. speaker, i yield back the balance of my time. . the speaker pro tempore: the gentleman yields back. pursuant to clause 12-a of rule 1sh the chair declares the house in reces >> the house crops up morning our returning and noon. lawmakers will vote on a bill sponsored by trent franks that would ban abortions after 20 weeks. they also begin work on the farm bill. live coverage of the house when they return at noon. on theate continues work immigration bill and also tightening border security votes on a number of amendments and 3:00 p.m. this afternoon. that is on c-span2. on your screen is the director of the nsa. he i