from sweet water is the permian basin the largest shale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas are flared rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. navia says the market is being skewed against oil and in favor of renewables even though crean energy is in his estimation unreliable there is definitely. i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy. i think is shortsighted. but others see the future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry off is good pay travel and opportunities for advancement and jobs not far from home. a lot of the students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then when oil drops you know people

for navy here the heart of texas pumps oil hours from sweet water is the permian basin the largest shale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas off lead rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. nevil says the market is being skewed against oil and in favor of renewables even though green energy is in his estimation unreliable i think there is definitely pollution but i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy. i think is shortsighted. but others see the future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry off is good pay travel and opportunities for advancement and jobs not far from home. a lot of the students that come through here are from oil families so they know what it's like to the way of having money and everybody working and

from sweet water is the permian basin the largest shale basin in the us countless oil pumps work around the clock vast amounts of natural gas off lead rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. nabeel says the market is being skewed against oil and in favor of renewables even though green energy is in his estimation unreliable there is definitely. i think it's not good for us to be reasonable about the way that you go about it and condemning 11 energy industry in order to supplement another energy industry that intermittent energy. i think is shortsighted. but others see the future in wind texas state technical college in sweet water trains turbine technicians there's no shortage of students the industry off is good pay travel and opportunities for advancement and jobs not far from home. a lot of these students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then when oil drops you know people are laid off and you know they lose the

for napier the hoss of texas pumps oil 2 hours from sweet water is the permian basin the largest shale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas off lead rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. navia says the market is being skewed against oil and in favor of renewables even though freen energy is in his estimation unreliable there is definitely. i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy. i think is shortsighted. but others see the future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry of his good pay travel and opportunities for advancement and jobs not far from home. a lot of the students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then when oil drops

coast can you imagine, permian is producing 4 1/2 million barrels of oil a day in oil. you imagine if darkside got involved in shutting down pipelines down, and we lost 4 1/2 billion barrels a day. we're checking to make sure their fire walls are totally in tact, and someone like darkside can't do this again. and cyber security is critical it's important. >> what did you find, scott, i mean, when you had those conversations, they're still ongoing. did you get a satisfactory response >> yes, yes. we're getting more and more confident. i'm definitely confident with our department, with our technology department that we have the right fire walls, and we're also getting more confident that all the major midstream companies taking the product from the permian to the gulf coast have the appropriate fire walls in place. >> scott, really appreciate having you on. it's good to have you on our program. hope you'll come back. >> thank you, david, morgan, appreciate it. >> sure thing, scott sheffield join us tomorrow, darren woods, exxon mobil ceo, we're going to keep talking energ

for napier the hans of texas pumps oil 2 hours from sweet water is the permian basin the largest shale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas off lead rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. navia says the market is being skewed against oil and in favor of renewables even though freen energy is in his estimation unreliable there is definitely pollution and i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy. i think is shortsighted. but others see they future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry off is good pay travel and opportunities for advancement and jobs not far from home. a lot of these students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then

when do we start to see more coming out of the permian, etc.?supply side respond to that story, do you think? jan: from the opec side, it is slowly, cautiously not wanting to risk a downside in price. so we are getting oil sitting on the sideline coming back in the next few months. by july they will probably have to make a decision to release still more of their supply. by the end of the year, opec perhaps should be tapped out if our models are right. we think opec is tapped out, and that is down to the united states. what you're seeing so far is private equity beginning to line up buckets of money. but in terms of growth activity, very little sign yet. as an equity, the sector is still not loved. alix: in terms of the actual price action, are we matched up and that? we started to roll over a bit even though brent reached $70. have we reached an equilibrium? jan: you know me, equilibrium is maybe just for a day. there's a lot of crosscurrents in this flow, i would argue. i think the market has been digesting negative news for the last seven or e

we're still seeing under 11 million barrels a day under the permian, about 13 million at its peak iflined, a big if, if they can, maybe the stocks will keep running. >> that's a key question as we see targets on crude in the '80s that's a great explanation of what's happening up and down the supply chain. >>> hormel is in the green thanks to continued elevated demand and then after the break, the next leg of the space tourism race, we'll get you details on that when "squawk on the street" continues. make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good. high protein. low sugar. mmm, birthday cake. try pure protein shakes. with vitamins and minerals for immune support. that building you're trying to sell, with vitamins and minerals - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings

from sweet water is the permian basin the largest shale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas are flared rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. navia says the market is being skewed against oil and in favor of renewables even though green energy is in his estimation unreliable i think there is definitely. i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy. i think is shortsighted. but others see the future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry off is good pay travel and opportunities for advancement and jobs not far from home. a lot of the students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then when oil drops you know

for navy here the heart of texas pumps oil 2 hours from sweet water is the permian basin the largestshale basin in the u.s. countless oil pumps work around the clock vast amounts of natural gas are flared rather than piped to markets it's terrible for the climate it's a practice president biden aims to regulate more tightly. navia says the market is being skewed against oil and in favor of renewables even though green energy is in his estimation unreliable there is definitely. i think it's not good for us to be reasonable about the way that you go about it and condemning $11.00 energy industry in order to supplement another energy industry that is intermittent energy bash i think is shortsighted. but others see the future in wind texas state technical college and sweet water trains turbine technicians there's no shortage of students the industry of his good pay travel and opportunities for advancement and jobs not far from home. a lot of these students that come through here are from oil families so they know what it's like to the way of having money and everybody working and then wh

gas leaks.rn, in the permian basin if you have it around 2.7%, scientists say that can be more damaginghan co2. our leakage is at about 5% or 10% in co2. because of the melting of becau permafrost and the melting of the tundra -- the thawing of the tundra we're nowelting seeing m being released around the worldn that isn't capped, that isn't used. president biden has put a no measure in thist legislation to start capping open wells and mines in the united states. >> could i summarize your position by saying you want no > crude or petrol used? would that be an accurate you want no crude, no petrol atu used in the future? >> we're going to be using crude.e crude first of all is used for lots of other things than food, fuel and power. >> not delivered by pipeline. >> f otheno,r it could well be delivered by pipeline. already we're doing that.or but our source of power.time president. biden has already mav this decision and the utilities are already accepting it. >> i want to ask one more question because i want to yield some time to one ofdecis my fri> here i who may not be able to a some

resources that will refine the oil imported from the middle east, but also the oil produced in the permian basin. the oil, if allowed to come to us, would be in the canadian sands. a diversified mix is going to be a more robust energy structure that we are -- we don't want to depend on a single source, a single type of crude, or a single refinery. that has really got to be the message. host: congressman michael burgess, always great to have you on. we will have you back again. when we come back, we will with chief deputy whip, democratic congressman dan kildee of michigan come on president biden's legislation. and we will turn to the cyber hack on the pipeline this past weekend. cyber threat alliance's michael daniel will talk about how to better protect critical infrastructure in this country. john kerry testified wednesday before the house foreign affairs committee on climate policy. here's a portion of what he told lawmakers. [video clip] mr. kerry: 22 weather and climate disasters costing over $1 billion each. last year's tally of 22 hurricanes, floods, droughts, and wildfires shattere