lng from the u.s. to europe would be a message, strengthen the transatlantic relationship and besides making economic sense would create jobs both sides of the atlantic. the transatlantic cooperation on energy should result in a more courageous energy mix in europe that should include all sources including shale and nuclear. europe needs to support the building of interconnectors and port facilities to make sure u.s. lng is an important factor n. this, the u.s. private sector should be actively engaged. we need to use all opportunities to shape transatlantic energy agenda intrucluding the tpp pros and the fourth coming nato summit should deal with the issue and by reinventing u.s. european dialogue and cooperation on energy. sometimes we feel that's a bit too slow. the united states and europe must also lead the international efforts on the future of the arctic, sometimes neglects issue. finally, the united states and europe need to get serious on alternatives. practical projects that reinforce coopera

ultimately you can only get so much lng into these countries. until they get to the renewable future a decade off. >> we are so far out of time if they're in a burning comments we can take otherwise we will wrap up. >> i endorse the idea of a package giving incentives to develop both short-term and longer-term approaches and one of the things here to keep in mind competition is not only a matter of the european space that there is more competition in the russian space. .. and gas prom are competing themselves, so the notion of encouraging a market-based approach should not be dismissed out of hand. the critical challenge is to develop a political environment in which a stabilization of the crisis in ukraine makes it possible to talk sensibly again about how it's in the economic interest not just of the west, but frankly, of the east to adopt these approaches. everybody will be better off. and i think that's the opportunity. through crisis, you get to an opportunity. >> well, let's thank our panelists for this fantastic discussion and all of you

and a much lower gas price and one has to see lng and lng infrastructure as national security times and from that point of view vital for europe and the american export licenses already granted there, very important psychological component in that even before any molecules flowed. finally, i would just touch on energy market reform. russia abuses the energy market, the sething of benchmarks, the trading companies abuse the market. a lot of stuff is very difficult to write about publicly because of english liable rules and i refer in the written testimony to the role in the economist liable defense sued by someone now on the u.s. sanctions list. this really deserves the full attention of the american criminal justice system. you have all sorts of evidence about money laundering, market abuse and insider trading that goes on. you have the ability to clean this up. and the more open, the more transparent, the more liquid world energy markets the better everybody is and the safer europe is. i'll stop there. >> ms. shaffer? >> chairman murphy, ranking member johnson, thank you for conven

certainly we can make lng.new terminals right now being built to export lng both in western canada and the u.s. will mean that there will be more and more drilling and from all the shale geology that is out there, there is lng. there is gas available certainly. to, take advantage of that and demand internationally should really offer real economic advantages for people like us in this industry. david: rick shearer, emerge energy services ceo. rick, great to have you on. please come back again. ticker symbol is emes. >> thank you, david. david: you may want to look it up. it has had a spectacular six months. look at this. this is ad for 72-hour july 4th sale for chevrolet. one of many promotions automakers and car dealers are using to draw out consumers this holiday weekend. we'll break out biggest trend in auto advertising with an industry insider. >>> with new york city apartment prices skyrocketing, big spenders are pacing top-notch prices for eco. what does that mean? cheryl casone is one of these in brookly

if we could take our excess lng. we remember we're flairing gas we're capping wells. if we could ship that now that almost completed their new lng facility. >> can we get it there in time? >> we can get it there. and -- i was there recently as well. they want to ship their gas into eastern europe. if we were to do those two things for the future it would give a lot of confidence for investment in ukraine because it would mean they wouldn't be solely dependent on raurn. >> turning to the middle east. the violence in gaza has spread to the west bank. if secretary's call for a ceasefire doesn't hold what are the implications? >> my hope is that that ceasefire holds. that is the only thing i see right now. we have got to work with every party to try to get that ceasefire to hold. and there's one other thing we should point out here. the only reason they're able to fire these longer range rockets that they're firing at tel aviv and at jerusalem is because those rockets were all provided by iran. the other actor in this is the ayatollah and giving this inventory to hamas. >

i agree with you with respect to lng and keystone. what do you make of the idea that photo when the president spoke he took europe to task without acknowledging we could actually free them so they can make these independent decisions. i'm sure europe doesn't want to help -- they don't want to embolden a vladimir putin and the ussr sass a chadow. what is stopping the message reaching the white house. >> the radical environmentalist left. they refuse to acknowledge the persons of lng and exporting lmf and refuse to acknowledge the importance of keystone pipeline, not only for our country but nor geopolitical association, and the president is to wed to that radical left wing base he simply just can't utter the words. >> how embarrassed should we be at americans. we know that vladimir putin is the evil darth vader guy, but to a certain degree, we could have been pushing these things a long time ago. how embarrassed should we be and maybe this will get the american public to nudge the administration. >> what is really tragic -- i don't kno

i think american lng is a vital part of the pitch. i'm very glad that you putouche on that even before molecules lng arrived in lithuania, they were able to drive a much harder bargain and get a much lower gas price. i think one has to see lng's infrastructure not just in business terms but national security terms. it plays a very psychological component. finally, i would just touch on energy market reform. russia habitually abuses the energy market with the abuse of the setting of benchmarks. the trading companies abuse the market. a lot of this stuff is very difficult to write about publically because of english libel laws. in really deserves the full attention of the american criminal justice system. you have all sorts of evidence about insider trading and stuff that goes on. you have the ability to clean this up. >> ms. shaffer. >> chairman murphy, ranking member johnson. thank you for convening this hearing this afternoon. it is a very important topic. the 21 century is the era of natural gas. the 20th century of dominance of coa

billion cubic mighters of lng a year but it was previously envisaged we would import 80. particularly in 2011 and 2012 a lot of supplies were redirected toward the european market. those changes, increased availability of supply, the infrastructure, the policy changes, have allowed every single major western european utility to renegotiate their contracts with gazprom to lower the price and extend the financing terms, principally in 2011 and 2012 when that took place. the reason that is so critical is the importance of that market power has created in the european context. and the critical objective for ukraine is to be brought into that community of european energy, european energy so they are part of the strength of a community of 400 million consumers and not just left alone. if they can be part of those rules and be treated in the same way as that market is treated, they are in a much stronger position than they are otherwise. that has been the foundation of where we've been trying to move. one of the things that we just got a note about, energy in ukraine it is at he

on w its undernnd lng tay heofer. ets thtre ff.anunkeic d a rsr habeen owned.mne e char ♪ouky ♪ ♪ is v "tacky," a lot of faacesn it. niant, hease brigoo. >>d neeady to come home, but what about the life-saving friends they are determined not to leave behind? this is my partner. >> reporter: conducting nearly 100 missions, seeking out enemy explosives and weapons, keeping each other company. >> this is who i talk to every single day, so, you know, that bond grew pretty quickly. >> reporter: when sergeant boss left the army, cici stayed behind. but with some help from the american humane society and mission canine rescue, they were reunited 18 months later. there have long been dogs of war. this photo is from world war ii. some 3,000 dogs have served in the u.s. military since 9/11. when they retire, they are put up for general adoption. but now, there is a movement to reunite them with their battle mates. not just for the dog's sake. >> we'll never label them as pets. we call them our partners. >> reporter: james harrington was awarded the bronze star after he a

billion cubic mighters of lng a year but it was previously envisaged we would import 80. particularly in 2011 and 2012 a lot of supplies were redirected toward the european market. those changes increased availability of supply, the infrastructure, the policy changes, have allowed every single major western european utility to renegotiate their contracts with gazprom to lower the price and extend the financing terms principally in 2011 and 2012 when that took place. the reason that is so critical is the importance of that market power has created in the european context. and the critical objective for ukraine is to be brought into that community of european energy european energy so they are part of the strength of a community of 400 million consumers and not just left alone. if they can be part of those rules and be treated in the same way as that market is treated they are in a much stronger position than they are otherwise. that has been the foundation of where we've been trying to move. one of the things that we just got a note about energy in ukraine it is at heart o

exporting lng or crude oil, all very hot topics. when we compete with others, we make markets more competitive. we are the only country the oecd that exports the risk of energy and we spent the last 35 years telling everybody else to put restrictions on the exports of energy and develop all they can. maybe this is not sustainable. when we do with these crises can we address these crises come we have to ask ourselves are we doing enough on the agenda to promote this? what about the caspian as well? ambassador courtney will talk about this in his talk. we spent decades trying to build up the caspian and promote exports and are probably wondering where the policy is right now. i think we have done important things. we are helping ukraine the shale shale gas and internal reform. we are helping them on debt. if the strategic option is to make energy less profitable for russia, an investment in russia less attractive than provide diversity of supply for europe and diversity of supply for other countries, there's a lot more energy than we

lng from the u.s. to europe has a strategic message with the transatlantic relationship and besides making economic sense it would create jobs and both sides of the atlantic. the transatlantic cooperation john result in a more courageous energy mix in europe that should include all sources including shale and nuclear. europe needs to support the building of interconnect i inted important facilities to make sure that the u.s. becomes an important factor and the u.s. private sector should be actively engaged. we need to use all opportunities to save the energy agenda including through the transatlantic trade investment partnership process and the forthcoming nato summit would deal with the issue and by inventing the euro 82 u.s. european dialogue cooperation of energy sometimes we feel that is a bit too slow. we must lead the international effort on the future of the arctic sometimes on a neglected issue. finally the united states and europe need to get serious on the common research on alternatives. the

we are have our main power plant as lng and transfer that into propane.we'll be able to reduce emissions and reduce the energy price. >> it was 31 when i was sworn in. now it is 26. doill do whatever i need to to improve pripa said that he might have to have a rate hike. >> did you need to start over? you have agencies that have $300 million in unpaid bills. >> and that is one of the ideas. >> what happens if all of the union workers say i'm going on strike, i cannot take this anymore? >> that will not happen. that has happened with the previous government. he fired 30,000 people. that had a domino effect. mortgages went down, cars went down. when i try to get them in a position for them to pay their loans, their mortgage, so that we can make everyone grow at the same time. >> governor padilla is confident that he is getting puerto rico's internal issues under control but the success hinges on getting capital from outside of the commonwealth. we will look at new tax laws designed to make the island a paradise for investors. they are creating plenty of int

if we could take our excess lng, firing gas here because we have a glut. if we could ship that now that polls have completed the facility, we could get there and also there is another -- i was in azerbaijan recently. zeris want to ship their gas to eastern europe. it would give a lot of confidence for investment in ukraine, because it would mean they would not be solely dependent on russians. >> turning to the middle east, the violence in gaza has spread to the west bank. if the cease-fire does not hold, what are the indications? >> my hope is that the cease-fire holds. that is the only thing i see right now. we have got to work with every party to try to get that cease-fire to hold. there's one other thing we should point out. the only reason they are able to fire these longer-range rockets at their firing on tel aviv and jerusalem, is because those rockets were all provided by iran. the other actor is the ayatollah giving this inventory to hamas. they have been critical on extending the nuclear talks with iran. are you going to extend more sanctions? >>

implied move, 3% it will cost you going into earnings and schennier, the rockstar, lng terminal companys thing has basically going up in an epic fashion, expecting a 4% move the options traders are expecting that, that move will be a bit lower. >> i love when a guest goes to the smartboard when carter is here, we can get carter's take of their interpretation of the carts. carter. . >> sure. it's all good hess is quite extended. here's the thing about the sector that's important. the whole sector, 11% of the s&p, three names exxon, slumberge are half awaiting the sector and cheniere. exxon has 450. while it probably comes, if it's about exxon, chevron and a few marquee names. they look okay. >> they look okay. stacy, what side of the trade would you be on at this point? >> it's actually again looking at the energy, etf here. these stocks aren't movering together. i like looking at the individual names, having an opinion, do you like exxon mobile? you trade accordingly. i think this is one where it's actually harder to trade the etf options, that being said, we continue to see bearish pos

reporter: a protest on capitol hill today about dominion resources' proposal to use a facility to export lng overseas. the company says the upgrade will bring thousands of jobs and millions of dollars to the local economy. but environmentalists are worried it will encourage an increased use of fracing. >> we're going to get a lot more fracking. not just in appalachia, but the suburbs, northern virginia, montgomery county. >> reporter: the story is not just about the environment. it's also about national security, the economy, and where people live. among those who feel they have the most to lose are the people from calvert county who live near the facility. >> the people living close by are going to be exposed to 20.4 tons of chemicals every year. there's always big risk with possible explosions, a similar plan to. this people are living right next-door to this plant. >> one of those people is rachel. >> very peaceful. we love it there because of the peacefulness, and now it's completely changing. so we're going to be isolated by a giant wall. we're going to be in fear of explosions. we're g

, so he said, all right, i'm going to start a company, and we're going to build terminals to import lng, liquefied natural gas. it's hard to transport natural gas, you have to liquify it, it's expensive. he said, hey, why don't we take it from abroad, import it, and i'll be the one. yeah, it'll take billions and billions of dollars of borrowed money to build these huge terminals, and he picked a spot in louisiana, but he figured it was worthwhile. so he set off to do that, and he's a really smooth, charismatic individual, and he was able to borrow all this money and they built these huge terminals in louisiana. and they were making progress and things were looking up for sharif suki. he was worth a lot of money, other $100 million, and the stock was soaring. they were really going to be a savior for this country. they were importing l, this g just like chairman greenspan suggested. and then, lo and behold, it dawned on people around 2007 or so, 2008, that you know that whole thing about there being a need for a desperate need for natural gas? actually, we have a glut going on here. so h

left over from decades ago, probably will disappear, and i think -- i think the significance of that, lngts and so forth says the united states is a player in these global markets in a different way than before, adds a new element of influence to america's position, and at the same time is kiekd of a counter weight to exports from other countries including russia. i think it will have a psychological and strategic significance. >> dan thank you so much for joining us. >> thank you. >>> if you are unemployed right now, it is still a tough job market, but there is one industry where the bosses are looking to fill a lot of positions fast. no job, then no degree. i'm looking at schools that require you to work your way through college. ♪ ♪ >> we got another sign today that the u.s. labor market keeps getting stronger. the number of americans filing new claims for first time unemployment benefits fell. we haven't seen a number that low since february of 2006. summer claims usually increase because of temporary factory closings. to put it in perspective how far we have come, at the depths of th

left over from decades ago, probably will disappear, and i think -- i think the significance of that, lngts and so forth says the united states is a player in these global markets in a different way than before, adds a new element of influence to america's position, and at the same time is kiekd of a counter weight to exports from other countries including russia. i think it will have a psychological and strategic significance. >> dan thank you so much for joining us. >> thank you. >>> if you are unemployed right now, it is still a tough job market, but there is one industry where the bosses are looking to fill a lot of positions fast. no job, then no degree. i'm looking at schools that through college. ♪ >> start with one issue ad guests on all sides of the debate. and a host willing to ask the tough questions and you'll get... the inside story ray suarez hosts inside story weekdays at 5pm et / 2pm pt only on al jazeera america >> audiences are intelligent and they know that their needs are not being met by american tv news today. >> entire media culture is driven by something that's ver

left over from decades ago, probably will disappear, and i think -- i think the significance of that, lngts and so forth says the united states is a player in these global markets in a different way than before, adds a new element of influence to america's position, and at the same time is kiekd of a counter weight to exports from other countries including russia. i think it will have a psychological and strategic significance. >> dan thank you so much for joining us. >> thank you. >>> if you are unemployed right now, it is still a tough job market, but there is one industry where the bosses are looking to fill a lot of positions fast. no job, then no degree. i'm looking at schools that through college. ♪ >> disappearing polar caps... >> in the arctic the prize promises to be much substantial >> untapped resources... >> the really big expense hasn't been tested in the arctic >> could climate change reveal new battlefields? >> countries are developing combat capabilities fault lines al jazeera america's hard hitting... >> they're blocking the doors... >> ground breaking... >> we have to ge

we'll be beginning to export export lng in large volume. they're very well-positioned geographically to be well-positioned for that. adam: charlie you like axe seal corporation. let me ask you from retail investor with a chicken little attitude and i'm looking at some of these pes, seems like kind of expensive if i want to get in at this point. >> with a market pe at 17 we think you could probably pay up to 20, 22 times if a company has return on equity that is in the high teens. so any company that can return to shareholders somewhere in the 18 to 20% range in terms of roe, you can pay more than a market multiple for it. cheryl: hey, scott, i know earnings season, this is somewhat on your radar, earnings season officially kicks off tomorrow with alcoa. this could be where the rubber meets the road as far as earnings go. a lot of companies cut as best they can. how does it affect what you're trading? >> it absolutely affects what we're trading. companies borrow money and use capital and we have use interest rate market we watch closely ever

hillary, we know she might be running for a lng time. elizabeth warren more recent.divide the party? could it hurt her? does she want to be associated with president obama? i'm hearing a lot of people don't like president obama. his disapproval level or rating is a -- 52% today. >> new york and l.a., my friends love him. >> primary involving elizabeth warren would drive my crazy. a lot of times i see the words of her supporter and i wonder if they really truly can back up what they're saying or in this case, singing that we've been squeezed and hammered. people think it is rigged because it is and it's time we stand up. we've been cheated, broken down. they love her anti-wall street message. the whole system is rigged. elizabeth warren has championed that. her supporter are interesting. you see them, the website launched in support of elizabeth warren. it's powerful and as tucker carlson pointed out on this couch, at least she's taking a stand and she's got a message capturing a lot of people. whether or not you like it. >> she said no one made it on their own. that

i'm staying long lng. i think the benefit is to be in that space. if you want to buy the oil space or energy space, you should be in the service fames. i think refineers, as paul said, football versus to come down. you will see a lot of bearish sentiment on that space. >> i am long, brent. you saw last night, there is also a fire in kansas city. you saw wti prices come in. so it is all about these refiners. when you see wti going further, i think brent can stay where it is. >> his coverage universe, a couple names we talked ability. conoco tlil philips stalled as has e ps. psx around 82, 82.5 these stocks to me sell upside. >> big movers, we check it off to at&t. >> the headline that got this space working was wind street to spin-off networks. that got that whole space spinning higher. if they can do it. why can't anyone else do it? the idea that if it's a potential, it's another ref few stream for them. at&t is still bullish. >> a bill drop for corning down 9%. >> i was twitter stocking done earlier. it said gorilla slapped on corning. all of this

lng. >> politically, if things stay hot, brent stays higher, that brent is great. >> paul sankey mentionedarathon petroleum up 6%. obviously, it was a lousy day. exxon possibly they picked the wrong day to report. that was a pretty good quarter, a lousy day to report. they got ahead of their skis in terms of the stock price. this thereby 94-and-a-half to 95 for the buy the stock again. the vix soared, hitting the highest levels since april. one trader is saying the volatility index is headed higher. we'll break down that trade next. . >>> gopro still trading lower. seema. >> trading lower, cutting back a little bit, melissa. that might have to do with better-than-expected guidance. ceo saying expect a seasonally strong second half of the year with gopro with q3 results above consensus, 6 to 8 cents. citing the big opportunities. internationally they are in select markets overseas as well as generating the user content. capitalizeing on the content definitely a focus. melissa. >> thanks for that. today it sent the vix soaring to the highest level since april. some traders are betting on mor

first is golar, lng, doesn't it sound like something godzilla would fight? it's a liquefied natural gas, and zillow.com. in third place, energy company williams, and in fourth is micron technology. >>> that list, of course leaves out, by the way, companies that were involved in m & a. >> there are better performers, but what's the point because it got bought, it's gone. >> totally. more headlines regarding pimco this morning. "wall street journal" reporting that bill gross that is threatened to quit several times in year all stemmic bag to the resignation of the former ceo seeing net outflowing for 14 straight months. >> cnbc's big conference delivering alpha is tomorrow. one of the investors is ken griffin, a guy that runs citadel investments. it is a very rare interview, courtesy of our own kate kelly. all right, kate, you can't give away too much, because ken is probably watching the show, but i'm just going to assume, and he probably will, too, you might ask him about michael lewis or high-frequency trading. >> that will certainly be high on the agenda,

. >> i'm no longer a fan of lng as i am as cheniere energy partners, that's the way i would play it. ladies and gentlemen, is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by td ameritrade. >>> there's not a lot of good that comes out of -- how do you think i got hurt like this? meanwhile, not true. >> see this morning, i was totally out of the action, both in pre-op and passed out under the knife. i had to work backwards to figure out what was going on. we were crushed thanks to the collapse of a bank i'd never heard of until the anesthesia wore off. banco espirito is too big to fail. nlgs you mean lisbon, ohio, a town which has the distinction of the northwestern most city the confederates raided during the civil war. the more you know. here's the big question, can the biotechs keep roaring? how about regeneron? it's been one of the biggest winners in "mad money" history, you know that. it's a stock i recommended at, well, let's see, five, where would five be? like here, maybe under -- i recommended it at five. langley going to launch gilead to 100

which you can't do now to countries in eastern europe, the nato countries that recently joined, europe, lngminals that would not make europe and eastern europe so dependent on russian natural gas. secondly, i would put some of our missile systems in poland, get that going again. and i think the community in europe would welcome that. but third, i think the united nations, i was u.n. ambassador. i think this has got to be a forum on this issue that just happened. this tragedy of unspeakable proportions. the issue of public opinion, condemnation of what has happened. and again, we have to get the facts. some credible entity has to say this is what happened. and that hasn't happened yet. >> well, it's a challenge. it's obviously very hard to get to the crash site, as our correspondent has shown us. stand by, everyone, please, because we have more questions for you. could this escalate? and what can nato do as governor richardson was just talking about. we'll explore that more when we come right back. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of

you move to natural gas, whether it's cng or lng, you move to natural gas, and your customers are going to love you for it. your planet is going to love you for it. and guess what? you're going to drop more money to the bottom line because the differential in fuel between diesel and natural gas right now continues to be very beneficial for us. so you know, if you want your customers to like it, if you want the planet to like it and if you want to make more money, i'd say switch to natural gas. and you know, again, we're the poster child for doing that. you know, as you know, we've not only moved to natural gas and bought natural gas trucks, we've also built our own fueling stations. so for those folks that are looking to move to natural gas, you know, we're here to help you get it done. >> one last question. i have been following anyone who's involved in the environmental movement and is making money. recycling, good numbers, right? >> yes. yeah, you know, jim, when we look at recycling, we had a real success story in recycling this quarter. you know, we had prices were down 2.1%. you m

--y have struggled to apache,gas producer, says to be selling its stake of lng. they are in talks with potential wires -- buyers. they announced that they would be selling $10 billion worth of assets and look to cut down on that. -- debt. those of the corporate headlines and i am john dawson. >> bringing down the house. why some say that the property bubble is about to burst. >> it is a day in tokyo. just seeing a bit of a move out there to the upside. nothing to talk about full faith left picture. we are looking for a lead. section.ave the sydney is pretty much flat there. the index is that 45 minutes. wading into fiscal waters. are trying tos spur on growth. we are talking about china home prices starting to fall in cities across the country. warnings of a property bubble. as -- byk, as seen analyst. are we about to see one happen? yes. we will look at the property market. one view says do not worry because the risk is overblown. there is weak evidence of a property bubble. before we get to that, look across 70 cities surveyed. rice is falling. 35 out of the 70

one question i would have is what it means for the lng cargo going forward.ther issue is working together with gas from -- gazpr om neft. that is dependent on the technology that europe says they are now going to ban. funding for all russian companies is tight. the oil and gas industry is always capital-intense project. that would presumably also affect them. we will watch the numbers. analysts expect to actually see a rise in profit. russia is just a small part of the big picture. >> ryan, thank you. let's talk latin america and argentina. they have defaulted. the country could not come to an agreement with a group of holdout hedge funds that wanted the 2013d in full on dead. our international correspondent hans nichols has been following the story and joins us. -- they wanted to be paid out in full on the 2013 debt. they're negotiating again in new york today i understand. >> there will be more recrimination and name-calling. the big thing we are going to be looking at is whether this whether theefault," association that governs whether it is a technical de

there's another thing the united states could do, and that is answer ukraine's request for gas, for lngand we'd have to change the president's position on this, but one where we sell lng for the future into the market in ukraine in order to replace the russian gas. the way in which we can do it, obviously, is to use the angst, the concern in russia -- about russia's actions today in europe and around the world in order to get the kinds of sanctions that would force putin's hand. >> we could certainly operate on other levels, mark halperin, that being one of them. >> absolutely. we'll see what happens. certainly increased pressure for that. congressman, can the united states, should the united states have normal productive relationships with russia as long as putin is in power? >> absolutely. but at the same time, we should be pointing out that putin is using social media right now to recruit every skinhead and malcontent around russia and get them into eastern ukraine. i was in eastern ukraine, and i had an opportunity to talk there to the russian-speaking population. and their concern

with the ukraine shortage and the difficulties of getting lng from russia, the united states might be engaging in a supply -- kind of increased the supply to make up the difference they are not getting from russia. i have heard a lot about that on european is and not a lot on u.s. news. in oklahoma and they had town hall meetings because they apparently averaged 3 per month. that has been an issue in oklahoma. 3 months in ae row where over 300 parts per million of co2 in the atmosphere. hostguest: well, yes. in germany, for instance, they outlawed fracking. i believe they are going to allow it again because of earthquake -- but because of earthquakes. this is a decision that has to be made. the people in oklahoma are upset have staten they can government regulations in place. yes, europe has a problem. they get a lot of the natural gas from russia and there really isn't any obvious source to make up for that. that is a problem. the u.s. doesn't have the capability to export that kind of natural gas, and they probably don't have the lng offloading capability to even take that much natu

the lng is a strategic national asset and bringing down the cost of our natural energy. it our united states navy, the most powerful and most effective and awesome in the world depends upon american shipyards. however, the private shipbuilding in the united states has basically gone down hill together with the maritime crews that are on those american-built ships. we have an opportunity here. if we are going to export l.n.g., we ought to export it on american-built ships. it's an issue of american policy. we can do this and revitalize an important sector of the shipbuilding economy, which is found on all of the coasts, from maine, philadelphia around in the gulf and san diego and all the way up through settle. there are shipyards and this is an opportunity to bring home the shipbuilding and when it is coupled with the exim issue, we can rebuild an economy. mr. tonko: a long-standing stillset and that of shipbuilding. it is important as we look at that make it in america agenda that the democrats in the house of representatives have put together a very sound platform of i

we still have some morning showers, possibility of lngs and thunder again. very muggy, humid a lot of clouds out there. temperatures, 60s, 70s and 80s. coast and bay are near average to above on the high temperatures. inland temperatures are definitely way below, the lows have been above by 5, 10 degrees. the tropical clouds will clear out. fog will be with us on wednesday. it looks like high pressure builds in. warmer pattern takes us into the weekend. >>> a special electric wheelchair stolen from a woman with cerebral palsy. >> that breaks my heart. oh, my god. >> coming up in 15 minutes, the costly inconvenience she is now facing. >>> he was caught on camera going 120 miles an hour and doing wheelies on his motorcycle. the serious new trouble for a man known for reckless driving. >>> a man with a history of reckless driving has been arrested on dui charges following a crash that killed a passenger in his car. this is video of 23-year-old corey mcdonogh in april. that's when a highway patrol plane caught him racing on his motorcycle on interstate 580 in oa

occurred -- the third category is whether we are doing enough on our own to combat to markets exporting lngr crude oil all common topics the one we compete with others we make prices more competitive. we are the only country in the oecd that exports energy and we tell everyone else to put their restrictions on exports of energy and develop all they can. maybe this is not sustainable. maybe we should look at this but i think we have to ask ourselves are we doing enough on this agenda to promote this and what about the caspian as well and ambassador courtney will talk about this in his talk but we spent decades trying to build up the caspian and promote exports and they are probably wondering where the policy is right now. i think we have done important things. we are helping ukraine with the shale gas. we are helping them some on debt but if the strategic option is to make energy less profitable for russia and investment in russia less attractive and provide diversity of supply for europe and diversity of supply for other countries there's a whole lot more on her agenda that we are not doing

issue and with the nation states of energy diversification, giving them other options, interconnectors, lng, other sources of energy to reduce their dependence major line of effort of what we are involved with. so i think it's continuing to talk about our larger dependency of countries that use trade as a weapons and countries that use energy as a weapon and more of a vibrant market set of principles within europe. >> so my default is to do this in concert with the europeans. when we were in bulgaria, we did see the effect of unilateral u.s. sanctions. we sanctioned russian individual who was potentially going to be connected to the construction of the south stream pipeline into bulgaria. not exactly sure why bulgaria decided to halt construction, but there's a lot of speculation that part of it was that they were worried about the consequences of doing business with an individual that was sanctioned unilaterally by the united states. so maybe the question to you, mr. glaser, as you think about the impact of unilateral situations, there's certainly evidence if the europeans are not willing

ultimately, you can only get so much lng in these countries that you're going to be relying on russian gas until they get to the renewable future for us and for them is probably a decade off. gas is the bridge, and they need to build it quickly. >> great. we're so far over time, maybe if there are any final burning comments, we can take them, otherwise i think, wrap up? jan? >> well, i just endorse very much the idea of a package giving incentives to develop both short-term and longer-term approaches. and one of the things here to keep in mind is that competition is not only a matter of the european space, but there's more and more competition in the russian space. a point that i made earlier about how novatech and gas prom are competing themselves, so the notion of encouraging a market-based approach should not be dismissed out of hand. the critical challenge is to develop a political environment in which a stabilization of the crisis in ukraine makes it possible to talk sensibly again about how it's in the economic interest not just of the west, but frankly, of the east to adopt thes

larger issue with the nationstates of energy diversification giving them other options enter connectors, lng other sources energy to reduce their dependence and what we are involved with. i think it's an issue of continuing to talk to the europeans about our larger strategic interest of creating less dependency on countries that are autocratic in countries that use trade as a weapon and countries that use energy as a weapon and more of a vibrant market set of principles within europe. >> so my default is to do this in concert with europeans but when we are in bulgaria we saw the effective unilateral sanctions. we sanctioned russian individual not exactly sure why bulgaria decided to hault construction but there's a lot of speculation was part of a was they were worried about the consequences being sanctioned by the newsday said the question to you mr. glaser is you think about the impact of unilateral sanctions there shortly seems to be evidence that if europeans are willing to move because there is impact with the united states. >> absolutely mr. senator and as secretary nuland said preside

cease-fire proposal allowing israeli defense forces to remain in gaza and israel and hamas try to reach a lng-terms after an attack on a u.n. school in gaza that left at least 15 civilians dead including 3 children. about 200 more people injured. palestinian officials say israeli tank shells are to blame. israel says hamas rockets could be responsible but did not rule out accidentally striking the facility. tragically, the school was serving as a shelter for those trying to escape the violence. >> reporter: these are people who have taken shelter in a u.n.-designated area. the warring parties particularly the israelis were given the precise gps coordinates. they new exactly what was going on there, and in spite of that, this has happened. we, again, say, enough civilians. enough women. enough children. they have suffered quite enough in this appalling conflict. >> one way of putting it for sure. the ongoing bloodshed led to large protests in the west bank including clashes between israeli soldiers and thousands of palestinians at a military checkpoint. one palestinian was killed hundreds hurt. isr

lng from the u.s. to europe would be a message, strengthen the transatlantic relationship and besides making economic sense would create jobs both sides of the atlantic. the transatlantic cooperation on energy should result in a more courageous energy mix in europe that should include all sources including shale and nuclear. europe needs to support the building of interconnectors and port facilities to make sure u.s. lng is an important factor n. this, the u.s. private sector should be actively engaged. we need to use all opportunities to shape transatlantic energy agenda intrucluding the tpp pros and the fourth coming nato summit should deal with the issue and by reinventing u.s. european dialogue and cooperation on energy. sometimes we feel that's a bit too slow. the united states and europe must also lead the international efforts on the future of the arctic, sometimes neglects