on a major project in utah, the greater natural gas, natural bp gas project we put together a best practices program and include epa and anadarko, the developer in that arena as result of those best practice solutions we will be able to protect the environment and the company is going to be able to move forward with development in excess of 3000 wells. >> mr. secretary, you didn't answer my question. do you consider those regulations, do you have any communication with epa as you look forward to developing energy resources that are under your jurisdiction? >> we have communication with epa, but we also recognize that epa has its own authority. and administrator jackson abiding by the law and moves forward in implementing our responsibilities at her department. >> with these into agencies, would you agree it is apparent policy of this administration to increase the cost of energy and to dramatically limit domestic access to those energy resources? >> congressman, i would disagree with that. i believe that when you look at what we've done in terms of moving forward with a robust energy for fol

we have not yet reached a conclusion that we support natural gas development here in the united states. >> thank you mr. chairman and i yield back. >> the time the gentleman has expired. >> thank you secretary salazar for attending this hearing on the future of oil and gas development on lance. is a member of colorado i'm sure you understand by here for my constituents and i think you were in my shoes once in a related role. the valuable 8.4 million acres of land in colorado controlled by the bureau of land management are subject to a litany of federal regulations that have gone well beyond their purpose of protecting lands that have become economically burdened. everyday i receive correspondence regarding the frustrations my constituents have with dom and the land-use regulations that hamper or suspend otherwise viable mineral and energy development. under the obama restriction, these restrictions have only inflamed an already tough situation while burdening an economy with an unemployment rate of 8.2%. this committee has developed several proposals and restrictions on promoting energ

but in reality the natural gas prize for ukraine is command sure eight with the prize paid by its european neighbors. then there's a discount equaling russia's gas exports fee which was agreed on in the c.t.o. of harkov. so the price appears to be quite appropriate and affordable for ukraine as we have seen in the past few years. of course all ukrainian parties are looking for yet cheaper price and that's why they come to moscow regularly school gas prices contract with belarus is due to expire soon but with that country you seem to have gone further in the negotiations agreeing on price cuts in exchange for a stake in beltran's girs the national gas company is that the kind of a bargain that ukraine has refused to accept let's leave the specific conditions of gas supplies to belarus now because. i would like to talk about a new contract on the supplies and transportation of natural gas through balor routes. we have seen much faster progress there. and we are confident that as early as november the papers required to close the contracts and intergovernmental agreement will be ready. i like

in fact i was just looking at liquefied natural gas prices for japan they're between fifteen and seventeen dollars per million d.c.u. and of course what how do we price the cost. to the quality of life in japan of the fukushima disaster which is a parent's that is going to we're told to image over several decades so i think that warren buffett very nice guy how does golden age in a particular you know to stink era of global growth i think that warren has perhaps run out of ideas at this point it's not really warren's fault the world has changed we're in a phase transition with energy and i just don't think that warren's perspective is as valid as it seems right now i gregory mentioned this phrase tightly coupled with i guess another analogy to this would be that just in time the supply chain management that's part of globalization everyone's all hooked up and moving around in the transportation system and all the parts and assembly is all happening linked together very tightly coupled i guess you could say now with their pan obviously being an island and whatnot you can see how t

and plugging various sources not just solar and wind into that new power grid but also natural gas we do have a decent natural gas resources here and here in north america so you know your question's pretty easy to answer we're also considering the fact we don't even price in the cost of security you know the costs that we incurred to maintain our global military presence which if you look at a map of global military presence were dispersed throughout the world but the main concentration isn't of middle eastern europe resources so that's not a mistake right now and let's talk about japan for a second and though it is streaming that warren buffett in the wake of the fukushima disaster and the more bond markets over there is going to take a little field trip from omaha to tokyo i looking for bargains is this a good idea of warren buffet's to go look for bargains in this area or is this economy because it's dependency on oil and the changes and macroeconomic really not such a bargain of the fukushima disaster revealed trippin is really running on what's known as a very tightly coupled en

. >> the first thing is natural gas. what do you know about natural gas? flammable. it goes, boom. it's important to shut this off. we use it for cooking, eating and hot water. there were 40,000 people that called pg and e about their gas. that means they call turned off their gas? did they need to do that? when do you have to? when there is a problem. how long did you think it takes pg and e to get out and turn it back on? 45,000 people. days weeks, may be a month. who has seen this in the streets. a lot of muck is in there is it's full of dirt and weeds you turn it to the right to tighten it and left to loosen it. your home work you have to look at your house, pop open the lid, look in there see what's going on in there it's not nice and clean like this. who has seen this around their house? everybody. each meter has a shut off. you want to find out where your gas meter is. you can keep track of your usage but you will know how to shut it off. here's the shut off. i have some tools up here, you can look at these. any hardware store has these. they fit on this and it allows you to

we're america's natural gas. the smarter power, today. learn more at anga.us. >>> okay.write for this late in the show, but tonight is a first. we're doing that tonight because in tonight's rewrite, profiles in courage, republican style. now regular viewers of this program know very well that most republicans cower in fear of this man. who has forced them to sign a pledge that they will never vote to raise taxes in any way, including by closing loopholes. the evil genius of grover norquist's pledge is that his control of republican thinking on tax policy gives him a complete stranglehold on the american government, including not just tax policy but all spending policy, which is of course dependent on tax policy. now, no one person is more responsible for gridlock in washington than grover norquist, which is why i've called him the most powerful republican in america. something the most powerful republican in america, according to the constitution, really doesn't like to hear. today, the republican speaker of the house, second in the line of succession to the presidency,

we are the saudi arabia of natural gas . if we want to go with a clean energy that provides tens of thousand and hundreds of thousands of blue collar jobs that's where you go and not down a silver rat hole. it doesn't set the scale in the way steven chu thinks. >> but natural gas is carbon and carbon is evil according to the administration. >> natural gas is better than coal. shut them down and get natural gas on line. >> vicki? >> if we don't build that pipe line and create those 20,000 jobs, guess who will take that carbon and awful stuff? china. >> i think the president was for infrastructure projects. >> shovele ready projects. >> forget one percent. and now 100 percent. powerful politician calling high taxes on everybody to power up the economy. would that be the result though? cashin in crew is on top of that. first, these parents stay home to care for sick adult children. why is the union forcing them to pay $100's a year in dues. >> i never worked for a union before. >> they have done nothing for us. for a hot dog ca

. >>> leaders of the world's major exporters of natural gas are calling for a fair price for the fuel. the gas exporting countries forum or gecf issued a declaration on tuesday, after its first summit meeting in qatar. the forum's 12 members, including russia, iran and qatar, stressed the need to reach a fair price for natural gas on par with oil. natural gas prices have been lower compared with those of oil, despite increasing demand for the fuel. consumer countries are concerned that gas producers group could become an international cartel. >> this is not intended to manipula manipulate, raise prices. it sees its role as a stabilizing factor for the gas markets. >> the gecf member nations hold nearly 70% of the world's natural gas reserves. >>> tokyo stocks are moving in a narrow range this wednesday morning on persistent concerns over european debt. the nikkei is currently trading higher by just about 0.2%, currently at 8,558, the topix moves sideways currently at 731. skepticism remains over the new italian prime minister's ability to implement a fiscal reform, due to his lack of

a lot of those jobs are riding on the natural gas boom right now. ecca jarvis is here with an inside look at the game changing potential of this natural resource. there's a lot of controversy surrounding it, as well. >> there is. and we will explore both estimates. by some estimates, the u.s. has two centuries worth of cable buried thousands of feet below ground. but now through hydraulic fracturing, energy wells are digging wells across the country and they're hoping to generate up to a million new jobs. >> how many guys would you find on a rig like this at any given time? >> it will vary a little bit. from five to as many as six or seven. >> from high above this rig outside oklahoma city, chesapeake energy is focusing on america's drive toward energy independence. >> and this one can drill as much as two miles underground or could it drill even deeper than that? >> it could drill deeper. 18,000 feet, something like that. >> the drilling is part of a natural gas boom involving more than 150 companies across 36 states. >> what makes natural gas so im

natural gas is the cleanest conventional fuel there is. we've got to be smart about this.a smart way to go. ♪ >> hello, everybody. sources are telling fox news that moammar qaddafi's song seif al-islam was captured. he will go to libya with talks on the country government on where al-islam will stand trial. >> gop hopeful mitt romney is skipping the thanksgiving family forum tonight. six other presidential candidates will attend. is it a huge political error on behalf . romney camp? tony perkins will join us in the top of the hour. and two month anniversary of the tornado that ripped through joplin, missouri. we'll look at the residents who are trying to heal. stay with us, we'll have more coming up in the top of the hour. >> here are alarming numbers. spending on welfare sky rocketed 300% since 1990. but the poverty rate hasn't budged but it is higher despite all of the spending . republican senator jim demint wants to overhall welfare. johnathon said getting rid of all welfare would help the poor. >> specifics are apparent. we spent more. food stamp usage is all-time hig

natural gas is the cleanest conventional fuel there is. we've got to be smart about this.o. ♪ ♪ > >record breeaking cold start to this morning. the same scenario accross the bay. says the tide line testing was cleared of gas before the test began. they were checking the pipe for weak points. although the pipe was a different age ed diameter, the broken pipe line is along the same line of the one that exploded in san bruno killing eight people and destroying 38 homes. will tran is live this morning speaking with pg&e experts about the pike is exactly what this shows. years old, 24 in. in diameter very vividly that it was seen less and that it should not have burst. nonetheless, they put it to the test that went beyond the daily transmission. the daily line takes about three for discounts. they put this up to about 600 caused by mechanical damage. this could be a clear-cut, easy investigation. we want to review the information before we make a final determination. it normally means it was hit by a back hoe or ripping operation. something that could damage the pipe significan

natural gas is the cleanest conventional fuel there is. we've got to be smart about this.s a smart way to go. ♪ it's a smart way to go. whrvve i p rfwh"ae lyw,ay ingoio ca >>> with more than 9,000 inmates and six facilities, mary cope pa's special response team has the massive task of keeping the jail secure. >> we searched 73,000 bunks last year. 73,000 bunks, are a lot of bunks. you know? so that's our job. >> one way they do this is through frequent inspections for contraband. on the ground! get on the ground now! >> okay, they're opening, lower tier. once they're strip searched they're going into the rec yard. straight down the middle. straight down the middle. >> though the goal of the raids is to neutralize threats, some inmates are less threatening than others. >> we go through this about once a month. and usually they're looking for things we're not supposed to have. >> 68-year-old patrick stanwick has been at the 4th avenue jail for the past eight months and is one of maricopa's oldest inmates. >> i was born five days before pearl harbor. that makes me an old guy.

with it and we hold the companies responsible. >> reporter: michael krancer is chief regulator of natural gasane contained in drinking water is a direct result of drilling. >> we have had shallow gas formations here for centuries and that has caused for a long, long time the ability of methane to migrate into private water supplies so it would not be unheard of at any time in the last 100 years for a person in our commonwealth to have been able to do a dramatic light of their faucet on fire. >> reporter: but it's not just water supplies that have been affected. in april, this chesapeake well in leroy, pennsylvania, suffered a blowout. according to the department of environmental protection, frac fluid spewed into the ground uninterrupted for nearly 12 hours. its investigation found that some of the fluid entered towanda creek. chess a week disputes the findings and shut down operations to investigate what went wrong. >> we have a distinct and unique geology. >> reporter: you understand it now? >> absolutely. we have worked with the epa department of there and we understand we now cased our we

natural gas is the cleanest conventional fuel there is. we've got to be smart about this.s a smart way to go. ♪ >>> welcome back to "press here." my next guest sold his start-up to ebay for $75 million. now, normally the story would stop there. except stumble upon's founders bought their company back from ebay one year and 11 months later for far less money. after ebay appeared to change its mind. stumble upon is a peculiar mix of search engine and serendipity using your preferences and tastes to steer you to web sites you may like. >> for the most part we stayed pretty independent. >> reporter: its found eer garrt camp is a serial entrepreneur. he grew it to 20 million users, and he launched uber, an instant gratification service for people looking for a ride. garrett camp actually gained one of his investors in stumble upon from stumble upon, the investor used the service, liked it, and said i want in. so you buy your company back from ebay. why? why not just move on to the next thing? you made $75 million. move on. >> yeah. i think the reason is -- basically desire for

natural gas is the cleanest conventional fuel there is. we've got to be smart about this.s a smart way to go. ♪ yeah, it does seven great things like giving me a healthy scalp and great looking hair. you should make that eight things. dude, why don't you just use the stuff? [ male announcer ] head & shoulders: seven benefits. every bottle. doing this anymore, they're author. >>> i've reported several documentaries about dr. martin luther king jr. so i was intrigued by a new star-studded play that opened recently on broadway. it's called "the mountaintop." the way it portrays the last night of dr. king's life has people talking. and the playwright, katori hall, wasn't even born when dr. king was killed. but she says her play makes king look more real. >> we've got some difficult days ahead, but it really doesn't matter with me now. because i've been to the mountaintop. i don't mind. >> reporter: wednesday, april 3rd, 1968. >> mine eyes have seen the glory of the coming of the lord! >> reporter: the last speech dr. king ever gave. memphis's mason temple. he finished exhauste

we believe that natural gas should not cost less than a crude just because natural gas meets high ecologicalrequirements and this should be priced in by the market when it comes to the immediate future gas home has already forecast an increase in european cells next year of around eight per cent and of course will be more volumes now with a newly launched nord stream gas supply plane so it's really essential for gas to iron out its differences with its european counterparts saying look at the markets they're looking for direction in the united states retail sales come in better than expected for the second consecutive month which did give an initial boost to the dow but now it's down by a quarter of a percent the nasdaq is filling up. this is the closing picture in europe well of london and flat frankfurt was down almost five percent eurozone debt worries once again weighing on investors on rising spanish and italian bond. in their ranks but the main losers. in sure it's. while it was fairing in that negative ground most of the session the r.t.s. m i six i managed to end the day. let's suppo

russia could team up with its key rival in the global natural gas industry is eyeing a stake and russia's top private gas producer norma turk and its yarmuk fortune the arctic area western siberia the project is expected to produce five million tons of liquefied natural gas per year starting in twenty sixteen it should then take two years for production to reach fifteen million tons annually russian officials believe that carter's expertise in arranging liquefied natural gas shipments could be off hughes talks are underway but there's no indication as to how big carter's stay could be. time for a check on the markets oil has dropped from its highest level in more than three months it's in the wake of a report by the american petroleum institute which says crude stockpiles in the. one point three million barrels last week as you can see from the graphic light switches trading at around ninety nine dollars a barrel while brant is that round one hundred twelve dollars per barrel. and european stocks are higher breaking a two session losing streak as investors digested earnings reports and wa

prices to oil prices we believe that natural gas should not cost less than a crude just because natural gas meets high ecological requirements in an issue be priced in where the market can you which will come with a flick of. the demand for energy is skyrockets right now in russia's role is crucial to meeting that extra demand of major consumers and the international energy agency actually expects natural gas consumption to double bytes one c. a thirty five and also now with germany abandon a nuclear energy it will need a lot more power stations worth around fifteen a billion euros and russia's energy minister has already said that russia is ready to finance a large scale project and castro has already forecast that next year european gas sales will increase by about eight percent and of course will be more volumes with a newly launched nordstrom gas pipeline so it's really essential for gas from to iron out its differences with its european partners thank you very much archies morgan acosta reporting from the gas forum here in moscow and let's check on the markets courage is tr

prices to oil prices we believe that natural gas should not cost less than crude because natural gas ecological requirement a mission be priced in by the market the international energy agency actually expects natural gas consumption suit double lights thirty five and also now with germany abandon a nuclear energy it will need a lot more power work around fifteen billion euros russia's energy minister has already said that russia is ready to finance a large scale project castro has already forecast that next year european gas sales will increase by about eight percent and of course will be more volume's with a newly launched nordstrom gas pipeline so it's really essential for gas from our and out its differences with its european partners. back and time to check on the markets courage is trading near a low speculation that europe will struggle to contain its debt crisis providing some support for prime. expectations that are poured by the u.s. energy department jew on wednesday may show declining fuel stop aisles in the u.s. flights which is trading at under ninety eight dollars

bge told the fire department the odor was not natural gas. >> the police could not get to the second floor. >> there were some barricades that were put in place that prevented officers from going upstairs. the fire department called for their hazmat units and police called for a bomb squad. unsure of what they were handling, police took extra precautions to protect the neighborhood and the public safety officers checking the house. what did they find out the second floor? >> there was no math lab. it was no fire. we did find a significant amount of marijuana plants growing inside of the location. >> the discovery surprised tonya. >> wow. that is a lot. >> george had a different reaction. >> it does not surprise me. >> according to detectives, nobody was inside the house and police and firefighters went inside. there are trying to fight those involved in growing the pot plants. >> just over one dozen people were taken to the hospital after an accident involving a bus. the accident happened at 8:30 this morning. authorities say the boss was stopped when it was rare and it. all 13 peopl

bryce likes natural gas. a lot of the technology came out of government research, so government can do more than solar. i mean, government can do research related to fossil fuels as well and make things better. nuclear, there's a lot of stuff there that could be improved. >> brown: what about that, mr. bryce. isn't it the case that government is already involved in so many different ways in all kinds of sectors of the energy industry. >> well, look, there's no question about that. and i am adamantly pro nuclear. i think if the u.s. is really serious about reducing co2 emissions, then we should be aggressively moving towards nuclear and in particular modular reactors, and if possible, fueled with thorium. i think this is tremendously positive. but the reality is right now that nuclear is priced ow of the market. why? because of low-cost natural gas. exleon said they could not build nuclear plant in the u.s. with natural gas prices below $8. the reality is the shale revolution that's now under way for both shal

natural gas is the cleanest conventional fuel there is. we've got to be smart about this. go. ♪ ♪ >> no weapons. >> we're out to ford heights right now. so if you see anything, you' got my number. we will be out there all night. so -- >> far from the sh ig that most people know is one of the poorest suburbs in the u.s. it's the village of ford heights. the cook county sheriff's police inherited all law enforcement duties here after budgetary problems shut down the local police force. today, investigators matt jenna and zach smith are searching for one particular gang member. he was last seen waving a gun at women and children on a neighborhood block. >> he have oen a bicycle and pulled a gun. he's got his crew with him face to face. holding a gun, i'm telling them watch out, pushing them and they were playing ball. >> he was pointing it at you? >> he was pointing it at them and when i said something he pointed it at me. i was trying to keep the kids from getting shot, them little babies. i tripped. my foot swelling right here, see? i was trying to push the neighborhood kid

that are in play we know that tom corbett who by the way to more than a million dollars from the natural gas industry his campaign recently a pipe exactly. orbit and chris christie will vote yes we know that new york actually is going to vote no surprisingly they came out that we're not going to pass this regulatory package obama and jack markel in delaware and interestingly the vice president i think has a role to play here because you know as both of those guys being a seller and being as president so we're asking people to weigh in right now with both the obama administration and the governor of delaware specifically and please if you can get down to trenton the place right near where george washington crossed the delaware to defeat the british and started the united states of america the barracks that he left behind the protest is right across from there and i think the place where b.p. the british corporation brink's i'm assuming they're involved in taking business but actually in my county in the upper delaware which is the headquarters like i said fifteen point six million people taki

on the shell or exxon mobil about fracking or about how great natural gas is without using the word fracking like i said and this is the charm offensive what we saw when the film first came out is they attack it like crazy they mounted a huge smear campaign in your campaign against the film against myself against the families in the film against the new york times whose incredible coverage on the issue has been in line with the film against pro publica basically every news outfit that ruth reporting on this they attack and they even sent a letter to the oscars asking that our oscar nomination be rescinded and all these things backfired what it ended up doing was it drew more attention to the film people watching the film realize these were just ordinary america actually extraordinary americans who had no reason and lying were simply reporting on the devastation in their own backyard and what they're doing now is they're moving into this other mode where it's this feel good natural gas we're trying to try to put the genie back in the bottle and i don't think it's going to work so in the thirt