not only for our own fleet but maybe even being in the lng business because lng is a cryogen very similar. of course it's flammable. >> see, if you endorsed it, then i know the rest of the country would endorse it because no one knows this fuel like you. >> well, i'm sure there are companies that know lng better than airgas, but we were involved at one time. it is a cryogen. it's something we feel we can handle. and you know, the logistics are very, very similar to atmospheric gases. >> well, peter, look, i want to wish you the best of luck. you did it. you called me. you said listen, we can do better than air products. almost everyone makes that promise, and almost everyone fails to deliver. you didn't. congratulations to you. best of luck as executive chairman. thank you for coming on the show. >> okay, jim. and jim, thanks a lot for your support. it was pretty meaningful. and all of the airgas associates really appreciate it. >> ah, you're terrific for saying that. pu, peter mccausland, president and ceo of airgas, a stock that is not done yet going higher. stay with us. stay with cram

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the lng is expected to cover about 10% of demand in japan. it will help the country to secure a stable source of energy after the fukushima nuclear power plant accident in march last year. >>> japan and the u.s. have launched a joint project for research and development on next generation smart grid electricity networks. it is a power network that uses a combination of storage batteries and high technology to control supply and demand. >> one, two, three. >> the smart grid plan was unveiled by officials from japan's new energy and industrial technology development organization or nedo on thursday. a commercial building with a solar panel and in-house gas turbine was built to generate power. the smart grid will monitor the electricity used to determine low cost energy. the power generated can also be sold to utilities. >> translator: following the march 2011 disaster, efficient use of energy is becoming more important. i'd like japan and the u.s. to bring their technologies together. i hope that we can eventually export the system as well. >>

the lng is expected to cover about 10% of demand in japan. it will help the country to secure a stable source of energy after the fukushima nuclear power plant accident in march last year. >>> a joint pronl for research and development on next generation smart grid electricity networks. it is a power network that uses a combination of storage batteries and high technology to control supply and demand. >> one, two, three. >> the smart grid plan was unveiled by officials from japan's new energy and industrial technology development organization or nedo on thursday. a commercial building with a solar panel and in-house gas turbine was built to generate power. the smart grid will monitor the electricity used to determine low cost energy. the power generated can also be sold to utilities. >> translator: following the march 2011 disaster, efficient use of energy is becoming more important. i'd like japan and the u.s. to bring their technologies together. i hope that we can eventually export the system as well. >> the smart grid project will be cond

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lng. this share price doubled since last fall. >> the thing it has going for it is the only license to build an export facility. you look at u.s. natural gas prices at 2.50 per million btus. australia is exporting gas in europe. and it's going for 9.50. japan 11, $15. so if you get it out of the united states you make a lot of money. >> you have positions? >> both of them, yes. i own what i speak. >> jim jubak from the money show with jubak money management. >> susie: a high profile arrest today in the on-going phone hacking scandal for news corp. rebekah brooks, the former head of the company's british newspaper unit was charged with conspiring to obstruct justice. prosecutors say brooks, her husband and four others concealed documents, computers and other electronic devices from investigators at scotland yard. brooks was the former editor of the now closed "news of the world". that's the paper at the center of the scandal. brooks called the charges quote, "a sideshow and a waste of taxpa

to dallas to chicago to the east coast all on an lng powered truck. >> now companies like navastar arelding nat gas trucks in all classes. the trucks will cost more, but the savings will come quickly. >> this can translate anywhere between $20,000 and $30,000 of annual fuel savings per year. >> believing 30% of sales could come from nat gas trucks. once the fueling stations are in place, once truckers are convinced the product is good, and once we know for sure that there's 100 years of natural gas under america's feet. jane wells, cnbc business news, los angeles. >> well, coming up on "street signs," our sunshine stock and disaster du jour. that has herb's name written all over it. >> and unplugging your portfolio. could the app economy mean game over for gaming stocks? "street signs" back in two. ♪ why do you whisper, green grass? ♪ [ all ] shh! ♪ why tell the trees what ain't so? ♪ [ male announcer ] dow solutions use vibration reduction technology to help reduce track noise so trains move quieter through urban areas all over the world. together, the elements of science and the huma

is now up to the cuban alan gross is serving 15-year prison sentence inzd he was-ygúelngtoday the cuban supreme court announced they would not rule on a request by gross for a release. they instead passed it off to the cuban government. >>> still ahead tonight, burglars hit the wrong house and run into a sheriff's deputy >>> a new virus targets facebook pages and then jumps to your e-mail before moving on to your friends. >>> plus, the mother of a child put into a washing machine says she first heard about it on the >>> three guys down in central texas picked the wrong house to break into#gweekend. turns out the owner of that house is a sheriff's deputy. video from a neighbor's surveillance camera shows the deputy wrestling one of the suspects to the ground and putting some kind ma hold on him. after a long struggle, the man wasto wiggle three and all three of them ran away. police arrested all of them a short time later. mac the mother of the little put into a laundromat washing machine in camden, new jersey, is speaking out. she says she doesn't know the man in the vide

this es ebb specially true given there's likely to be a short and lng-term resistance to this policy. one concern we have is whether the vhs policy applies to all biological implants. to include those required at micropurchases why government car holders. we estimate nearly 95% of biological implants are acquired by purchase card holders neither trained nowhere nuanced in the use of sff contracts. this will be success or failure from al supplier perspective and potentially result in no improvement. how they implement, monitor and enfor encompliance is still unclear. we estimate $175 million annual annually. a nice cost savings to the taxpayer. in addition, if va makes better yufs the schedule's program it will alloyd violations assured of receiving high quality products and reap the revenue from the program industrial funding fee used to fund its supply change management operations. wharn is hurting academy is authority grarcht title 38 united states code. the biological implants is welcome news to us and other fss contract holders, section 8123 still looms large as long as this autho

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bill at workk.bt at hhme...it's a different story. 4844 i have a & 11 yearrold ddughter and she takes lng 3 nntssof wwter!!!and soon... those water bills coull bb goiig up. the city's departmmnt of public worrssis now calling forra á9-percentt ncrraseá in -3water and sewer rates. that & four could pay aa extra -3 á97-bucksá per year!55::9 it can hurt people ii the long - run because the ost of livvngg &pis going up but people's & innomes are not 15but ity officiall ssy the rate hiie is necessary ... to repair old 3 liness..that are often the culppittbeeind waatr main breaks across thh city and 3 06:33331 we also faced a lot of mandates that are unfunded. ttese re rrquirrmmnts thht come down from the federal government tootake care of -3 siutations such as ppotectinn our drinking wateras forr wylie... he doesn't mind a rate hhkk. 5000 an eetra - hundred dollars a year to help imprrve infrastructure you reasonabbe. that's what want - py taxes to o is to improve infrastrrcturee12but saysshe - will have to makk some adjustments....if it's approved. 5024 i'mmgoing to put a timer on the showee

to the petrol dollar and that is a key component of this economy going back decades a natural dollar lng so now that's now been dismantled yeah i mean we've kind of wrecked our market and it's sad because our oil is the highly valued kind it's the kind that is refined more easily it's suite. crude oil overseas benchmark in europe and saudi arabia sour so it should be priced higher than our oil our own is basically becoming just not respected this market is not respect our oil is getting completely dissed on these world markets basically now what about the airlines that are obviously impacted by oil what's going on with them more of them are starting to heads so what they do is they try to they try to hedge so that they get paid when fuel prices go up to get paid out a certain amount of money that will offset what they're losing in china ok but when the oil when these airlines go to the hedging business and they're hedging against these markets that are fabricated or they're not actually responding to real supply and demand they end up actually into the law of wall street then just captiv

we'll be here as lng as it take autos thank you very much. and so now, the hall looks empty but it's because they're making their way office to office here at city hall. >> thank you. >> coming up here a farewell to everybody's little sister. a celebrity-filled tribute today for a former giants bat girl. >> an appeal for help from a gourmet cafeteria. the budget cuts facing a college program where there is no more fat to trim. >> i'm nannette mirror randa. california's ban takes affect july 1. but chefs are hoping a compromise could be preached >> closed captioning brought to you by mancini sleepworld. >>> back out live now to a picture from san francisco city hall. row tunda. hundreds of workers gathered pushing for a contract as deadline loom autos they're just up at the mayor's office delivering demands to him. now they're making their way back down here at city hall and they say they plan to stay the night. they say fdiu needs a fair deal, now. >> we'll keep you up to date. >> san francisco giants said goodbye to their little sister today

. >> in san jose right now police are preparing for what could be a very lng day tomorrow. cinco de mayo celebrations there have gotten out of control before. and recent gang violence has them worried about what could happen this year. >> there is police and county sheriff's office will have more people on the streets. police will have emergency response plans ready to deploy if needed. you can understand the concern when you take a look at this video. a rogue crowd from downtown vandalized businesses including breaking several windows in a slip fall. now, police have modified their response since 2006 that is when an out of control crowd got violent. there were 56 arrests that year. there are also concerns because it falls on a weekend. weather has been nice. there has been gang activity including a beating death last week in roosevelt park. >> there is increased threats. yes. potential is there. we've known this is coming. i mean we've been able to forecast this. and san jose pd has a plan in place. >> this seems to be kind of focal point of the festivities. it gets to be

lng tankers and final year end lng companies.he increase in demand, not necessarily the supply in natural gas. >> and tom, just taking a look at your notes on currency, we're talking about euro earlier. a lot of analysts expecting to come down a little bit from the levels that we're seeing it now which is your view, as well. >> against hard asset rn, gold, oil, things that can't be devalued, you could see a decline in the dollar. but against other currencies, i don't see it rallying significantly because the world is in a global currency devaluation race. so nobody's going to want their currency to appreciate significantly against any of their major trading partners. >> tom, we'll have to leave it there. thank you so much for joining us. meantime coming up next on the show, we're talking costco. it misses expectations in april. so will other u.s. retailers follow suit as they release hair figures later today? >>> it was a record price for one of the world's most famous pieces of art. munch's painting the scream was auctioned off

meeting with urban agriculture experts saying they'll try to preserve as many crops as they can as lng as they don't interfere with research happening there. and they have not decided on the next move. >> san francisco is investing millions to keep fresh produce coming into city markets and restaurants. grocers and vendors were on hand. the mayor announced a makeover of a wholesale produce market that began 170 years ago near the water front moving to its present location. 50 years ago. 30 vendors operate there. most of its 650 employees work off hours to keep san francisco fed. >> this is a busy, busy market and this at 11:00 at night most of us are just finishing the day this is when the day started. >> four of the warehouses will be renovated. >> and much cooler out there. >> and. >> surprising over the weekend. >> temperatures dropped a bit. there are pleasant conditions and sunny skies into late afternoon hours. there are clouds around. during evening hours, clouds increasing and there is fog around as well. there is some skies starting to become sunnier, we'll see temperatures fr

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and we discussed in the meeting today, expanding lng exports. that is not the least, as stated in the shared income, next- generation youth -- to step up exchanges between youth and such endeavors as the japan project and the u.s. initiative. the japan that u.s. alliance has reached new heights. together, with president obama, i shall further advance these steps. i thank you. >> so, we got seven questions on each side. -- top -- two questions on each side. >> president obama, could you confirm whether the blind chinese dissidents cheng is under u.s. protection in beijing and how do you see this resolved? will the u.s. grant him asylum if the s. ford? and prime minister, how likely do you think it is north korea will carry out a third nuclear test? how would japan respond and what would you like the u.s. to do in response? >> obviously i am aware of the press reports on the situation in china, but i will not make a statement on the issue. what i would like to emphasize is that every time we meet with china, the issue of human rights comes up. it

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in chicago, we will endorse a proposal to support a strong and sustainable lng-term afghan for. third, we're building an enduring partnership. the agreement we signed today sends a clear message to the afghan people. as you stand up, you will not stand aalone. it establishes the basis far our cooperation over the next decade including shared commitment to combat terrorism and strengthen democratic institutions. it supports afghan efforts to advance development and dignity for their people, and it includes afghan commitments to transparency and accountability and it protects the human rights all afghs. men and women, boys and girls. within this framework, we'll work with the afghans to determine what support they need to accomplish two narrow security missions beyond 2014. counterterrorism and continued training. but we will not build permanent bases in this country, nor will we be patrolling in cities and mountains. that will be the job of the afghan people. fourth, we're pursuing a gotiated peace. in coordination with the afghan government and my administration has been in dire

lng. it's pulled back about 15%. it's a buy. >> stephen weiss. >> macy's. they didn't do was raise estimates. i think it's a quality name. >> big week for retailers.

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with all of japan's 50 nuclear power plants currently idle, demand is rising for lng to run conventionalooking ahead, japan's trade situation could worsen if the stronger yen persists and the global economy weakness while energy prices remain high. back to you, kelly. >> thank you. as we were saying earlier, the bank of japan's governor says it's up to the government to buy assets. speaking on worldwide exchange last week, the foreign currency czar gave us his take on an intervention that not all agree with. >> the intervention would not come at the level of 78 or 79. if it comes down to 72 or 70, then, you know, authorities might intervene. >> the idea that the yen is a safe haven is about the most unsafe safe haven i've ever heard of. this is a country whose fiscal arithmetic makes greece look like switzerland. so the likelihood is that they are going to have to do something, which they have failed to do so far of a meaningful fashion to reduce the value of their currency to keep their economy going. >> okay, joining us now for more is kevin gibson at east spring investments. kevin, yo

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for example, on the export, the export of lng -- >> john, i got to cut you off and i apologize becauseck soon so we can continue on this. >> all right. >> i gave you arthur brooks' book to read, "road to freedom." he did read it and i have a presentation for you, i want to give this to you since you're back from france. this is for you. >> here's your check. >> how much are you paying him? >> $175. >> i'd be willing to trade every tax credit we get in exchange for a lower corporate income tax rate and that for us would be about 25%. z >> i would say the bottom of sales for jcpenney. >> when do you measure? >> i would say we'll start to see real progress the beginning of next year. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braking power when you need it most. and we imagined it looking like nothing else on the road today. then...we built it. the 2012 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. tdd# 1-800-345-2550 checking the charts. tdd# 1-800-345-2550 l