lng. they're bullish on the possibility of getting u.s. lng. not just the economic benefits to their countries but geopolitically as well the u.s. is a stable partner it's a reliable partner. you can have long-term contracts with u.s. companies. every conversation i've had, i'm not seeing those concerns expressed. i'm seeing people bullish about partnering with the u.s. >> isn't this an extraordinary conversation 2015, how much export did the u.s. do of natural gas and lng i know you know the answers. zero zero ten years ago zero 20 years ago. zero for 60 years the export has no not happened now they are ramping up to key markets. if they are shut out of the market who will benefit? a lot of people want to sell product to the chinese, including qatar, the world's largest lng exporter at the moment i caught up with the man responsible for that, the ceo of qatar petroleum. i said if this u.s. trade situation becomes more of an issue that will benefit you in the middle east, isn't it? listen to his response >> we are looking to invest in the u.s.

things focused on lng, the u.s.hipped about 7% of its lng exports to china, and there are $132 billion worth needed to fund a second wave of projects. the chairman of tellurian is not worried. >> we have very cheap gas and we know how to build very cheaply. that is not going to change. chinese natural gas continues to increase. that is not going to change. they are only 10% of the market. they can do what they want. they will not impact the global market. alix: is that right? >> the u.s. gas market definitely has an advantage in that we have all the shale production. this year will be a banner year. we are producing at record levels at a record clip. the problem is that all these u.s. developers are in the middle of negotiations. they are all competing on price, and this throws a wrench in it. alix: absolutely. the question is what happens to trade flows? can the u.s. sell more to europe, can they sell elsewhere? can china get their lng from qatar, russia? we have a chart that shows lng demand growth in china is so

can china get their lng from qatar, russia? we have a chart that shows lng demand growth in china is so huge. is it true that the trade flow can be destabilized? >> that's one of the advantages of u.s. lng. it is spurring the development of a spot market. before you could send it to point a to point b. so from australia to japan. the u.s. you can purchase the lng and sell it anywhere that's . -- anywhere. that's what a lot of people are expecting. there will be displacement. in the process, you will create inefficiency. alix: really appreciate it. i now want to turn to sterling smith, one of the biggest agriculture losers this week. china, including american cattle hide in its latest round of tariffs on u.s. imports. they already dealt a double whammy. what is the downside? >> there could be significant downside to leather. we see a strong economy. when we see that we typically see an increase in beef consumption. we have the increase in beef consumption, we have the increase in beef production, which as a byproduct, you create

i am glad american companies are delivering lng to poland. and this is a very important element of diversification of gas supplies to our country. i firmly believe that thanks to the lng terminal cake -- tanks, -- thanks to expanding its capacity, as far as the unwanted amounts of gas, we are not only going to realize to safeguard our own energy needs, but i hope we will be able to transmit gas further to our neighbors. these issues were raised by us. last but not least, opening up to business. we would like to invite american business to poland. they are better investment possibilities. poland is experiencing dynamic growth. there are companies from the united states that have been planted in the polish market for many years. like general electric. which is as limiting energy -- which is -- which has a huge energy investment in energy sectors and poland. a plan that is a huge contract amounting to almost $1 billion. -- almost these are huge $2 billion. which are realized in poland. we have huge economic projects here and have huge possibilit

we have a lot of lng capacity coming online this winter.atter of maintaining the amount of production we have versus the amount of demand. the big question is the weather. if we have a big storm or polar vortex, we probably cannot get production ramped up quick enough to meet that demand. so we have to rely on the smaller storage volumes in order to get us through and compensate. alix: the orange line is where the natural gas curve is now, as opposed to a year ago with the green. clearly seasonality, but clearly re-rated. the other wildcard for me is uncompleted wells in a natural gas area. how can that be a type of storage in this environment? >> it could be. the other thing is it takes a while for gas to come on once you drill a well. even once you have completed the well and started producing, it takes a while for that production to get ramped up and to get to market. we realize there is a cold front coming to new england next week. we could pull gas out of storage and get it there, but we probably could not complete a new well and get t

that is why we decided to construct an lng terminal. that is also why we decided to receive the lng gas from the united states. i'm really glad that we have concluded such contracts. i am glad that american companies are right now delivering lng to poland, and this precisely is a very important element of diversification of gas supplies to our country, and i firmly believe that thanks to the lng gas terminal, thanks to expanding its capacities as far as the annual quantities of gas are concerned, we are not only going to realize and safeguard our own energy needs, but i also hope we will be able to transmit gas further to our neighbors through the development of the three c's initiative area through construction of interconnectors. these issues were raised by us during our talks today with mr. president. last but not least, opening up to business. we would like to invite american business to poland. there are better and better investment possibilities. pole wrand is experiencing a very dynamic growth. of course, there are companies from

that is why we decided to construct an lng terminal.hat is why we also decided to receive the lng gas from the united states. i'm really glad we have concluded such contracts. i'm glad that american companies are right now delivering ln-f to poland -- lng to poland this is very important development of diversification of gas supplies to our country. firmly believe thanks to the lng terminal and expanding its capacity as as far as quantities of gas are concerned we are not only going to realize and safeguard our own energy needs but i also hope we are able to transmit gas further to our neighbors. now through the development of the three cs initiative area, through the construction of interconnectors these issues were all raised by us during our talks with mr. president. last but not least, opening up to business, we would like to invite american business to poland. there are veteran investment possibilities. poland is experiencing very dynamic growth. there are companies from the united states which have been present in the polish marke

is it because the germans are not buying enough lng? what is the issue?re many reasons sanctions might be imposed and everything is on the table. i am not in a position to discuss the particulars of the .tate department's decision but i can sure you on behalf of the u.s. government, all actions are on the table. >> it seems like the world is supporting president trump's plea for more production, with therussians, saudi's, and support of opec and friends. are you happy with the price of oil and gasoline? >> the price of oil is not something i can control. markets determine the outcome. pleased that the russians, saudi's, and others have managed their production in a way that consumers don't pay the cost of price hikes. i'm very encouraged by the activities we have seen in the world. isdo you think the u.s. prepared to cap reserves if needed? >> if needed we will evaluate that, but it's not on the table. was dan burr let's with matt miller. vonnie: time now for future in focus, treasury yields are at their highest since august 2, let's take a look at the bl

that's why we also decided to receive the lng gas from the united states.lly glad we have concluded such contracts. i'm glad that american companies right now are delivering lng to poland and this precisely is a very important element of diversification of gas supplies to our country. i firmly believed thanks to lng and expanding its capacities as far as the annual quantities of gas are concerned, we are not only going to realize our own energy needs i hope we will be able to transmitted gas further to our neighbors through the development of the ccc initiative. through the construction of interconnecinterinterconnectors. opening up business. we would like to invite american business to poland. there are veteran investment possibilities. poll land is experiencing growth. of course there are companies from the united states which have been present in the polish market for many, many years like general electric which right now sim plementing huge investment cob conventional energy such as construction of the 2, a huge contract abilitying to almost $2 billion.

lng tremendous amount of will be exported. say while we are together, tremendous effort and bravery is being shown in north carolina, south carolina that it by florence. salute all of the people that are working hard, the first responders and law enforcement. the job they are doing is incredible. i just want to thank them. i think what we will do is take our first question. >> thank you. news today of the russian plane shot down over syria. russia is assigning the blame to israel. you had hoped to bring troops home. suddenly, things are changing. what you tell american people today about the possibility of a war? >> i just heard about the incident you mentioned and it reviewo me based on a that serious shot down a russian plane and i understand about 14 people were killed and that is a very sad thing. that is what happens. syria, according to early reports -- we have done a tremendous job in syria eradicating isis which is why we are there and we are very close to being finished with that job and we will make a determination o

i'm glad that american companies are right now delivering lng to poland. this precisely is a big element of diversification of gas supplies to our country. and i firmly believe that thanks to that terminal and expanding its capacities as far as the quantities of gas are concerned, we are not only going to realize and safe guard our own energy needs, but i also hope that we can transmit gas further to our neighbors through the development of the three cs initiative area. and last but not least, we would like to invite american business to poland. poland is experiencing a very dynamic growth. of course there are companies from the united states which have been present in polish market for many years like general electric which right now is implementing a huge investment concerning energy sector in poland, conventional energy. such as construction of a plant that is a huge contract amounting to almost $2 billion. these are the huge projects which are all being realized in poland. and we want to invite all businesspeople, those with huge economic projects and

a tremendous amount of lng will be exported to poland. good price.g them a but they are buying and a lot of it. that is going to be great. i want to say while we are together, tremendous effort and bravery is being shown in north carolina, south carolina that -- virginia, and the area that was so horribly hit by hurricane florence. i just got some clips of some of the things that the coast guard is doing. and getting people to safety. horrible, horrible conditions. i want to salute all of the people that are working hard, the first responders and law enforcement. the military, fema. the job they are doing is incredible. it is incredible. i just want to thank them. i think what we will do is take our first question. from emerald robinson of one american news. reporter: thank you, mr. president. news today of the russian plane shot down over syria. russia is assigning the blame to israel. even though it was accidentally shot down by syrian forces. clearly, things are heating up. there are concerns i most americans that we might be involved

or to the gulf coast markets in the future, or we can take it to lng facilities and export it.t to mexico into petrochemical businesses. alix: what is your timeline for all that? richard: we have capacity moving up to california, we are moving about 70% of our production to california markets. the other 30% is in-basin, but the gulf coast express pipeline comes on in fourth-quarter 2019. that will move another 300 million cubic feet of production towards the gulf of mexico, half of that designated to go to lng facilities to get transported worldwide. alix: do you feel like you have to run even harder to stay in place as the oil decline rates pick up, that you have to get more wells to make up for it? richard: i think our acreage position is set for that plan. as we think about our conceptual plan of 1 million and 10 production growth profile, each year because they have hyperbolic declines, you have to increase the number of wells you are completing just to get to that million and 10 in the future. it is part of our plan, built in, but even when we look at our inventory, we wil

he has a long history in the lng world. thanks for joining us.u are in talks with 25 companies to get them to invest interest would. -- driftwood. are any of those partners still chinese, and does this change the game? >> yes, there are some chinese companies in the mix. you can note that there is lots of enthusiasm. it is just a piece of the total universe, so it is not a big deal. alix: why would a chinese company still want a long-term contract? why wouldn't you go towards more european companies, like shin near just did? >> fundamentally, the chinese need to guess. they are going to continue to increase the gas flow. despite all the news and the about chinese demand, it is probably still understated given the massive amounts of guess they will need on a long-term basis. they really do not have much of a choice. they are playing this political game where they are going to put some tariffs on chinese consumption, but that only affects their customers. it is only going to make lng more expensive in china. it changes nothing. alix: longer-term, w

i firmly believe that thanks to the lng, expanding the capacities as far as the gas are concerned. we are not only going to realize and safeguard our own energy needs, but i also hope we'll be able to trans mimit gas furthero our neighbors through the three cs initiative area these issues were already raised by us during our talks with mr. president. and last but not least, opening up the business. we want to invite american business to poland they're better, better investment possibilities poland is experiencing dynamic growth there are companies from the united states which have been present in the polish market for many, many years like general electric which right now is implementing a huge investment concerning energy sector in poland, conventional energy. it is a huge contract. these are the projects being realized in poland i want to invite all business people, those who have got huge economic projects here and who have got huge possibilities of investment and we also want to invite the smaller ones. poland is a big european country. i believe it is an interesting partner wh

even trying to think about whether lng will be exported, lng will ever be cost competitive or what the real impact on russia will be of the u.s. being able to export lng or the differences in various type the of oil that are produced or other characters who have been instrumental in this story whose names i still haven't heard. there's so much more to this. and i think that was humbling during the process of writing the book and slightly scary and is still humbling today. i by no means feel that i know it all. but i think the financial facts of the industry are pretty indisputable. in the end, numbers are numbers. and even companies are quite aware of what's going on because those frustrated investors have started to push back and say you guys need to produce returns, we're tired of this. so the idea that the industry hasn't made a return for shareholders is maybe something that executive the don't like to talk about, but they all know it's true. so i think that's, that's a tough pushback. and i think i am, i think if i were less nuanced about the outcome, i probably would get more pus

lng. that is big.re that would hurt the chinese as well because they are trying to veer away from burning coal and into lng, but we are getting mixed signals. we will see how it continues. shery ahn all over it for us. don't miss those stories. meanwhile, the bank of japan announcing a policy decision followed by a briefing. joe: i will be watching economic data. u.s. housing numbers coming out for august at 8:30 a.m. tomorrow. caroline: that is all for "what'd you miss?" romaine: "bloomberg technology" is next. joe: average evening. this is bloomberg. ♪ -- have a great evening. this is bloomberg. ♪ emily: i am emily chang in san francisco. this is "bloomberg technology." tesla and turmoil. the company is said to be the focus of a criminal investigation into elon musk's public statements about private funding alongside another investigation by the sec. plus, a 20 year trade war. prediction over the conflict between china and the u.s. after more terrorists are levied.

dealing with lng is the real question. the last time it had been tested and now it is the second year how will that filter through? david: let's go to the british pound. it is spiking up. we know why that is happening. it is first time against u.s. dollar because after all the back-and-forth, it is said there is hopes for a deal. it is said they are we able to firstan agreement on the stage on brexit. is this real? rachel: i think it is real as far as it goes anywhere looking at the agreement and not everything being spelled out. this is about getting an agreement in principle, the first stage before they hammer out the issues. still it stay coming of island whether you have a hard or soft border between the north and republic. we are seeing testimony by the bank and committees and parliament talking about bill have to move stock. all of that will still go on despite the move towards an initial deal. david: even if they could still do the deal, theresa may has take it back to parliament. they will live by the rules of the

. >> when investors ask you about lng, what do you tell them?we are number two in the business. a growing market is driving by -- driven by china. come fromave to somewhere. domestic production is limited. for us, it's a big push. number two,o be with ten percent of the market share. >> will you buy anything in the lng space? patrick: we just acquired a company, recently. when you look to the 20 year see growth isan incredible, more than 2% per year. natural gas and renewables, forhore, and then marketing potential customers. we are visiting back. we have 4 million customers. we create a new model of company with oil and gas. patrickat was total ceo pouyanne speaking to bloomberg. oil prices have been on the rise, by more than 1%. up next, a bullish call for a bank's wealth management unit. this is bloomberg. ♪ anna: welcome back to the market open. the picture looks a little more positive than it is. negative moves here in the european equity markets. the bill negativity is coming in that bright red spot. -- real negativity is coming in that br

they are taking the lng and doubling it. i said you have to do me a favor, we do not want to these deficits. you will have to buy more. they are buying massive amounts of equipment and military equipment. other countries are doing this thing thing because we have trade imbalances with almost everybody. it is a rare exception that we don't. we are doing great as a country. they just raised interest rates a little bit because we are doing so well. i'm not happy about that. debt, orather pay down do other things. create more jobs. thatorried about the fact they seem to like raising interest rates. we can do other things with the money. but, they raised them and because we are doing so well. we are doing much better than i had projected in terms of when i was campaigning. i said we would do this and we are doing much better than anybody ever thought possible. got in, it if others would have been the opposite because they would put restrictions and regulations on. they would have choked the economy. they would raise your taxes. t

for 40 plus years, we shipped lng out of the cook inlet area to japan. it was the longest running contract for export out of the united states for natural gas. and it was coming right out of cook inlet. so we have got good gas reserves down in the south central area, but we also have extraordinary untapped reserves up in our north slope. we have the potential for methane hydrate, unconventional gas. it is extraordinary. our challenge has never been, do we have the resource? our challenge is how do you move the resource to the market? back to your question about the role of my chairmanship on the natural resources committee, that has been an important part of how we work out access to alaska's resources. the resources are there, how do you move them? >> senator, in your view, has climate change affected alaska? sen. murkowski: absolutely. as one who was born and raised there, and who travels widely around the state, particularly some of our very remote areas, areas that are predominantly on the coast, but into some arctic areas where quite honestly, there

they are taking the lng and doubling it up. i said, you have to do me a we don't want deficits. you're going to have to buy more. they are buying massive amounts of equipment and militar equipment, and other countriesn are dhe same thing. we have trade imbalances with almost everybody. it's a rare exception that we don't. so we are doing great as a country. unfortunately, they just raised interest rates a little bit because we are doing so i'm not happy about that, because i know it's going to be a question. i'm not happy about that. i'd rather pay down debt or do other things, create more jobs. i'm worried about the fact theyt like to raiseest rates. we can do other things with the money, but they raised them, and they are raising them because we are doing so well. we are doing mhetter than i had projected in terms of when i was campaigning. i said we were going to do this, and we're doing mh better than nybody thought possible. if others gotin, it would have been the opposite because they were going to put restrictions onnd regulations on, and they were going to choke the econ

of policy that penalizes the most mindful among people you can take as much time off as you want as lng as you do 53 weeks of work. scott, thank you for joining us. >> thank you so much. >>> now a look at what's making news as we head into a new week. america's economy grew faster than first thought last quarter. the gdp was revised upward from the original reading, increased to 4.2%, the strongest number sense 2014 business spending increased and imports declined it was a record setting week for the markets, too the dow closing above 26,000 for the first time since february. the nasdaq closed above 8,000 for the first time ever. the s&p 500 setting a new high as well, all on hopes of a new trade deal with mexico stocks were mixed on friday. if you are flying jetblue, you may be paying a little more. the airline raising the price of checking the first bag to $30, if you buy the cheapest ticket the second bag you bring will cost you $40 most airlines facing increased cost in the last year, especially in fuel prices and salaries. >>> up next we're "on the money. meet a guy who goes by the

last year china was the world's second-largest importer of lng after japan and head of south korea.sia is an important market for ameran suppliers, so chinese taffs will hurt them. new tariffs also target u.s. meat and whaeter -- and wheat. trump tweeted, quote, china has openly stated they are actively trying to impact and change our election by tacking ou farmers, ranchers, a industrial workers because of their loyalty toe. china's retiatory tariffs a hitting where it is hurting. soybean farmers are now receiving aid from the u.s. government to help offset major losses. tech companies are also worried, despite being unscathed for now. apple's products are not on the list. but many leaders are concerned. they fear tariffs could disrupt supply chains, so they are warning the trump administration against further escalation of the trade dispute. javier: our financial correspondent at the new york stock exchange sophie scimansky is ready to give us the view from wall street. we have been talking about these tariffs for a long time. as they seem to pile up, just how much our american bu

the listlu incs small aircraft drug ingredients, wheat and lng. the government explained the move this way. this is a forced response to u.s. uni lateralismnd trade protectionism. china says they hope the u.s. will stop the trade friction. there has been speculation that the move by president trump would would kill off plab planned negotiations in washington the man supposed to go was the vice premiere. vuhu. he is the d point personling with the u.s. on trade. however there is a widespread feeling the latest decision by president trump has made it politically difficult for him to vis with the u.s. treasury secretary because thereot coulde r failure. the "wall street journal" ispo ing the chinese downgrade the delegation by sending the vice commerce minority who visited d.c. a few weeks ago. >>> a that trade war heats up china's holdings of u.s. treasuries cooled off falling to a 6-month low in july. according to the treasury department, the chinese ownership dlined to 1.71 trillion. the trump adnistration first activated tariffs on july 6th. mcis

francine: you have made acquisitions in oil and investors are buying lng.ck: we have [indiscernible] a growingl gas is market. they want to increase the share from 16% to 15%. gas will have to come from somewhere. [indiscernible] central asia or russia but also lng so for us it is a big push. i am happy to be [indiscernible] 10% of market share. we do pay value to shareholders. francine: if you were due -- to do acquisitions, what would you target? patrick: we just acquired a big company recently. the vision we have is to position the company on the growing market and when you look at the future [indiscernible] electricity growth is incredible, it is more than 2% per year. and what we want to develop in our business [indiscernible] noble -- ordurant renewables when and marketing, down to zero residential customers. we applied to a company and we are 4 million customers in france and belgium. created morere we than the company, [indiscernible] total's ceowas speaking to francine lacqua. what -- would hundred dollar oil be bad for majors? wouldp: the cash flo

they're taking the lng and they're doubling it up. i said you have to do me a favor, we don't want the big deficits. you have to buy more. they're buying massive amounts of equipment and military equipment and other count rears doing the same thing, we have trade imbalances with almost everybody. it's a rare exception that we don't. unfortunately they raised interest rates, i'm not happy about that. because i know it's going to be a question. i am not happy about that. i'd rather pay down debt or do other things, create more jobs. so i'm worried about the fact that they seem to like raising interest rates. we can do other things with the money, but they raised them, and they raised them because they're doing so well. much better than projected, in terms of campaigning, i said we're going to do this and doing much better than anybody ever thought possible, and i will say if others got in, it would have been just the opposite, they were going to put restrictions on. regulations on. they were going to choke the economy as it was choking

. >> reporter: businesses hope the white house iste lng. for nightly business report, fl wrkt. >>> and businesses express concern over the trade tensions. according to the fed's beige book companies are grappling with rising input cos due to tariffs. and in some cases those concerns resulted in postponed business investment. that said, the survey suggests e econo overall grew at a moderate pace at the end of the summer, alongh hiring and wages. >>> but for the first time in a yearnd a half a key inflation gauge actually posted a decline. the producer price index unexpected fell.1% last month as lower food prices offset higher energy prices. and despite the moderation last month, inflation overallte has beenily rising, thanks to the tight labor market, a strengthening economy and the rise i tariffs. >>> that strengthening economy is leading to more money in the pocketsf americans. according to the census ups bureau, median household income increased to the heit highest on record due to the change in the way the figures are calculated. and th

the pound sterling fell significantly against the euro to a all year low you can actually see it for lng while she was giving that statement in. downing street and so we've reached this standoff stage is quite a critical moment now and what to reason may appears to be saying is that either brussels blinks and stops playing hardball or london is crashing out of the club in less than six months time. from the next tonight. the us will the consequences if it doesn't council sanctions against china's military that has reacted to washington's latest move prior to the sanctions china had announced it would purchase russian military hardware they'll be deeper into this war and tonight ego is done. to analyze what b.g. has said we have to see we have to look at what washington's doing and essentially it's playing a double game it is targeting russia mostly with its new round of sanctions but also launching a blog that is wild which intention is to damage beijing everything revolves around the russia's weapons russia's heavy weapons like the su thirty five fighter jet and the earth's four hundred

with the pound sterling fell to a year low against the euro so you could literally chart the pound for lng while she was making that statement and this is very much a standoff these two big issues the northern ireland issue and the future trading relationship they are unresolved and what to reach to resume a appears to have said today is either brussels blinks and stops playing hardball when london is getting ready to crash out of the club in less than six months time the fireworks have only just totally started there's no probably maybe it was to be expected though probably boyd curran london more if you get any more from what she said earlier on to the. folks who are the snow coming up the new york times is that the firefighters have to report on russia's alleged interference in the u.s. election in two of the sixty we'll tell you why this month's seconds away. i've been saying the numbers mean they matter to us of over one trillion dollars and. more than ten white collar crimes happen each day. eighty five percent of global wealth to the rich eight point six percent market stock thirty

they're taking the lng, and they're doubling it up. i said, you have to do me a favor. we don't want these big deficits. you're going to have to buy more. they're buying massive amounts of equipment and military equipment. and other countries are doing the same thing. because we have trade and balances with almost everybody. it's a rare exception that we don't. so we are doing great as a country. unfortunately, they just raised interest rates a little bit, because we are doing so well. i'm not happy about that, because i know it's going to be a question. i am not happy about that. i would rather pay down debt or do other things. create more jobs. so i'm worried about the fact that they seem to like raising interest rates. we can do other things with the money. and -- but they raised them. and they're raising them because we're doing so well. we're doing much better than i had projected in terms of when i was campaigning. i said we were going to do this, and we're doing much better than anybody ever thought possible. and i will say, if others got in, it would have been j

they're taking the lng and they're doubling it up i said you have to do me a favor you have to buy are buy more they're buying massive amounts of equipment and military equipment. and other countries are doing the same thing because we have trade imbalances with almost everybody. it's a rare exception that we don't. so we are doing great as a country. unfortunately they just raised interest rates a little bit because we are doing so well i'm not happy about that because i know it's a question i'm not happy about that i'd rather pay down debt or do other things, create more jobs so i'm worried about the fact that they seem to like raising interest rates we can do other things with the money. and -- but they raised them. and theoriesing them because we are doing so well. we're doing much better than i had projected in terms of when i was campaigning. i said we were going to do this and we're doing much better than anybody ever thought possible. and i will say, if others got in it would have been just the opposite because they were going to put restrictions on, regulations on. they were g

they're taking the lng and they're doubling it up. i said you have to do me a favor. we don't want these big deficits, you're going to have to buy more. they're buying massive amounts of equipment and military equipment. and other countries are doing the same thing because we have trade imbalances with almost everybody. it's a rare exception that we don't. so we are doing great as a country. unfortunately, they just raised interest rates a little bit because we are doing so well. i'm not happy about that because i know it's going to be a question. i am not happy about that. i'd rather pay down debt or do other things, create more jobs. so i'm worried about the fact that they seem to like raising interest rates. we can do other things with the money. but they raised them and they're raising them because we're doing so well. we're doing much better than i had projected in terms of when i was campaigning. i said we were going to do this and we're doing much better than anybody ever thought possible. and i will say if others got in, it would have been just the opposite be

bob: there has been talk about not bringing lng but about a third of the gas can move from other places to china without big dislocations. it could slow down some natural gas projects in the united states. are you seeing a reduction in investment in things like lng facilities because of the uncertainty surrounding trade? bob: we have seen a reduction in -- in investment globally because they overran the cost for a little while. the discipline is going to build them in phases. a better way to project manage them. there are projects on the cards around the world. alix: how do you see the short-term implications of sanctions on trade flows? now we have indications that is not the case. europe coming in and saying we want to keep trying to do business. is there a backstop? i think the issue is that infrastructure which can be affected by this. are there ships out there that would not be subject to the sanctions? all of that is the big question. it does not feel like it but if the u.s. granted some exemptions , suddenly that would open that up and that could affect -- that is one of the thin

. >> it was real ngst real fidgetyoond lng around too much. >> reporter: police say he was hiding in a laundry room when three officers confront him e. th there was a struggle and police say he fired this gun. they say it was hidden in a waist band. >> officer grabbing it and pushing it away occurs a fraction of a second before the other officer who tased him, drew his service weapon. all of that was in abo one second. >> reporter: was the onner received injuries after grabbing the spect's gun as it was firing. >> the officer in grabbing that weapon, like you saved the lives of one of my officers and he is to be commended for that action. >> reporter: the prince george's county police have not identified the suspect who was involved in all of this. reporting live in temple hill. back to you in the stud. >> all right. thank you. >>> a maryland man charged in a sche to defraud hurricane victims. >>> and it is kindergartenen class with a 21st century spin. the youngest stunts are the youngest stunts are de what makes aldi olive oil oh sweetheart. because onlyhe specialest, most amazing

often the list, small aircraft, wheat and lng. saying this is a forced response to u.s.. chien wra hopes that the u.s. will stop trade frictions. there's been speculation that the move by trump would kill off planned negotiations in washington the man who was supposed to go to d.c. was the vice premier he is the point person for dealing with u.s. trade issues for china. however, what the widespread belief here is, is that the latest move by trump has made it so politically difficult for him to go to washington, meet with the u.s. treasury secretary as he had planned because of that now, we're starting to see "the wall street journal" reporting this morning that the chinese delegation has been downgraded, or at least the chinese are considering sending the vice commerce minister now, as he has been there a couple of weeks ago. guys >> we'll continue to watch how that political theater plays out. thank you, eunice. eunice yoon. >>> joining us at post nine, a treat for us, former ge vice chair beth comstock out with a new book called "imagine it forward: courage, creativity

they're taking the lng and they're doubling it up. i said you have to do me a favor, we don't want these big deficits, they're buying more. they're buying massive amounts of equipment and military equipment and other countries are doing the same thing because we have trade imbalances with almost everybody. it's a rare exception that we don't. so we are doing great as a country. unfortunately, they just raised interest rates a little bit. because we are doing so well. i'm not happy about that. i know it's going to be a question. i am not happy about that. i'd rather pay down debt or do other things. create more jobs. so worried about the fact that they seem to like raising interest rates. we can do other things with the money. but they raised them, and they're raising them because we're doing so well. you know, we're doing much better than i had projected in terms of when i was campaigning i said we were going to do this, and we're doing much better than anybody ever thought possible. and i will say if others got in, it would have been

will have you covered but if you live in southeast and carolinas, you need to be watching this and lnglocal officials. heather: thank you so much, we appreciate all the hard work put in when the storms hit. janice: absolutely. heather: president trump expect today declassify carter page and peter strzok documents, could come as early as this week. the president also expected to release information about the investigative of ohr and some believe will prove there was antitrump bias at the department. and the ceo of cbs is stepping down immediately after new sexual harassment allegations at least 12 women now accusing les moonves of misconduct in a pair of journalists, moonves and the network will donate $20 million supporting to me too movement, that money from any compensation that he is owed. executive first came under fire after he was accused by 6 women that was back in july, former president obama hitting campaign trail for democrats over the weekend trying to rally them bo midterms, listen. >> politics of revision and resentment has unfortunately found a home in the republican part

investigators now lng for answers afterou three were f dead in this home yesterday. call coming in about 6:15 last night. a man calling from this home off the 1000 block of safa street here in herndon, came home to say he found his two children, lying in a pool of blood. a wom was later found inside the home dead, a well. just after 9:00, police got the warrant to go inside, gathering evidence inside this me. at they're not saying right now is if this was a murder/suicide. they've also not yet made public the identifications of the victims or their relationships i at this . but back out live, as you are seeing here, police will have strong presence outside of this home, which is just off the fairfax county parkwaynd route 7 here in the herndon area. e medical examiner will determine the cause of death for all threehe of people found dead inside the home. they do not believe the public isy in any saf risks because of what happened here last night. we're live in herndon. i'm justin finch, news 4. >> thank you. >>> your ntime now, 5:34. jury section continues in the d.c

american exporters -- i just come back from an lng conference, they will be devastated they'll just flair the gas instead, because they won't build the infrastructure but they won't be selling it across the pacific or gulf. so from exporters to those who consume, they will suffer. >> 60% of u.s. imports are intermedia intermediate so these tariffs are hitting them and the u.s. worker and the consumer bears the brunt >> that's one argument i think it seems the economists, the businessmen and yourself are on one side. the other side of the argument the president has a much firmer footing. this is where there are other instruments that could be used rather than straight tariffs the president is right in many ways that china has had a free ride on the back of american technology >> indeed. the wto system itself is not fully balanced the u.s. and europe have made substantial commitments, but china not as extensive on top of that, we know china does not have a market economy and the technology transfer policy so there is a legitimate set of complaints complaints that are most effectively addres

growth we see that china's energy consumption will be growing at rates above a global average we see lng demand picking up and we want to work with our partners closely to supply them with energy to benefit from this together the relationship with china is a strategic one. and any strategic relationship works to the benefit of both parties. this gives us an opportunity to invite them to invest if various projects across russia, including hydro carbon refining. they are looking for more investment at the same time china is offer ing opportunities in their market >> alexander novak there talking a few moment there's to geoff cutmore. >>> in the uk a number of conservative lawmakers are discussing plans to force theresa may to stand town. according to the bbc around 50 mps who oppose may's brexit plans have discussed a leadership change. this morning the environment secretary has hit back saying speculation of leadership challenge is loose talk in an interview he urged mps to unite behind theresa may and wished the prime minister would stay on downing street as long as possible jean clued j