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in 2013, we produced and imported the same proportions of petroleum. the only experience we have had of lifting oil export prohibition occurred following the 1996 removal of a ban on alaska oil exports. much alaskan oil was shipped to the west coast. an analysis found that lifting the oil ban tripled the already existing price difference between west coast and natural gasoline prices. -- national gasoline prices. when alaskan oil exports cease, the gasoline price differential between the west coast and the national average did decline. lifting the nationwide crude oil export ban could raise gasoline prices. lifting export ban could add $10 billion a year to consumers fuel bills. without the ban, oil companies could sell their oil at the higher world market price -- the foreign domestic price spread for oil was $10 a barrel. domestic production has significantly grown over the past five years, the energy information administration projects crude oil production will peak in 2019 and begin a steady decline after that. this energy abundance could be a temp

we need 35,000 at the petroleum engineers over the next few years. and we need pharmacists. >> pa pharmacists and people who work in healthcare delivery institutions that deal with drugs. turns out that the other interesting thing about this profession is that it's very open to women. women are the majority now of the people who major in pharmacy in american colleges and universities. >> because a lot other women dominated professions including nursing and teaching, do not pay those kinds of wages. >> the college major market that is the majors that men and women take are highly segregated. 80% of the people who are in science, technology, engineering and mathematics are male. virtually about 70% of business majors except for people who major in hospitality that is people who end up working in hotels, they tend to be female. and education and counseling as well as the humanities, liberal arts are heavily female. >> let's talk about computer science, software engineers, petroleum engineers, coders as some people call them. people in this industry have

there's a phenomenal amount of petroleum trapped in the tar sands of canada. canada wants to send it south through the united states by pipeline to the u.s. coast. the obama administration moved slowly in either killing or approving the project as it pits environmentalists against the big close trading partner. there's no making everyone happy. you either build the pipeline and ship the oil through it, or you don't. somebody is not going to get what they want. the president kicked the decision to the state department. state commissioned a new report. decision time is getting closer. >> most americans don't know the united states gets most of its imported oil from canada. thanks to new technologies canada churned out oil in amounts unimaginable and for this the u.s. is seeking a new way to get that oil to this market. thus, the keystone xl pipeline plan, a project bringing oil and jobs to the u.s. in significant quantities. because the project crosses an international border the state department was required to produce an environmental impact report that came l

that could be a way to utilize those existing regulations. >> it is not petroleum based products that caused the problem but a cleaning product. >> petroleum based products under the clean water act, and it is not issued standards for spill prevention control. that is the big gaping loophole. dimension build definitely would move things forward at least for those tanks that are near drinking water supplies. the other thing worth mentioning is one that you mentioned, state revolving fund. we need an investment in our infrastructure and this is another reason to highlight that. this treatment plant simply didn't have the resources or the technology to deal with this type of skill, a lot of others across the country. >> one of the things, i haven't heard about an act that is important, i think, at least in this hearing we haven't talked about it. that is the community right to know act that was passed by this congress in response to the incident many years ago that involves notification and procedures by which persons and the community become aware and know how to respond to particular s

future to the minister of oil and gas was up by cumberland according to mr the current stock of petroleum products in kazakhstan while maintaining fuel prices in the first quarter of this year. he also added in domestic refineries are operating normally and will continue to provide the context of the market with their products. woo wee was the view of some export of these products from context and armband and therefore all products will be used only in the country on its cover the bottom of petroleum products produced by domestic plants does not satisfy then tie them in context any customers for this case context and has concluded an agreement with the russian side on the duty free imports of petroleum products. he is scheduled to go in. these imports have already been marked as i indicated plans with the russian side. russia will provide a certain amount and duty free basis. therefore it is important that this product is applied in the ball into our markets the lead through the year so that we can maintain the prices at the same level with school we would go with them of the new home. al

and even if the pump the removal of the hospital stable pond will have more water flow 2340 to the petroleum and the rec and park department has affirmed this. this will have significant consequences for the water quality and the animals and none of this was considered in the negative declaration. this has significant consequences for the frog and snake >> thank you. next speaker, please. >> hi, i'm a one-time san francisco resident. we humans are taking so much more than our space on this and get. if there's any doubt on wildlife and, yes i was googling and there is a lot of controversy about this scientists were saying it's a harmful it's not like everybody is saying it's harmful. since there's doubt it's our mortal responsibility to do everything we can. red legged frogs and snacks are in consideration of the a full eir. they were having their spaces prioritized with the red legged frog that would dry anti from the pumping. the wildlife is worth having share needs prioritized. a lot of those changes are about having at that gulf course and trying to, you know, make sure it's not so import

in the last one, they have two board members of erm, sit on that board and the have the american petroleuminstitute and they failed to disclose the fact they worked on transcanada projects within the last three years, which is a big question mark, which is a big question in conflict of interest. but i think this is a lot of speculation until the findings come out. we could comment on the other thing that happened a few weeks ago, and the actual influence that some groups have with epa, when the own epa ministry under said, this is not going to impact climate, the oil sands are going to get to market with no single project is going to have that much of an impact. this isn't about climate. it is about another agenda and it is about politics. >> the head of the epa saying it won't have an impact on climate change? 's well, the state department eis -- >> environmental impact statement. >> does. despite what we think is the undue influence of the oil industry says, you could have up to 27 million metric tons of release.year in a if you're looking at the president's test when he says he will not

it's been petroleum product that's been moved by rail.ge is north dakota going by rail, east, west and south. and the explosion recently, might have some consequences in north dakota. >> what is the risk, as you see it, to crude oil prices in terms of, if that shipment has slowed because some cars are taken off of that cycle? >> you look at the amount of trains and tankers coming out of the north dakota terminal, it is a train with 100 tankers, leaves that terminal every 2 1/2 hours. if that slowed down, what does that mean to the price of oil? >> sure. we don't know whether that's going to be whether they're going to aim. they're going to aim in part, at what the gaseous content is of crude. and the producers may be able to do something about that. they may have to shut some production to put in gas/oil separation units if there's too much gaseous material there. it's not going to stop the flow of north america crude for a very long time. these trains, the unit trains, are pretty safe. no one is talking much about tinkering with that. ta

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, and the only country, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. >> you are watching abc 7 news at 11:00 with leon harris, alison starling, chief meteorologist doug hill weather and tim brant sports. this is abc 7 news at 11:00, on your side. >> a new threat and warning surrounding the winter olympics. the transportation security administration issued a ban on liquids, gels and aerosols for carry-on bags on all u.s. flights to russia. u.s. officials fear terrorists will try to smuggle expletives on board in toothpaste tubes. >> there are a number of specific threats of varying degrees of credibility that we are tracking. >> some 40,000 russian security forces are patrolling sochi and the city outskirts to prevent any terrorist attack. opening c

. >> asking the city council to crack down on petroleum coke. the waste comes from the oil refinery process and as high in sulfur and carbon. it is believed to contribute to respiratory problems. the mayor wants to stop existing facilities that process or handled the material from expanding. >> we're bringing tough regulations and oversight to make it their bottom line is let's get out of chicago. >> back in december the mayor and attorney general announced the new regulations on the storage of petroleum coke on the southeast side. >> the chicago aldermen wants a higher fine for a valet parking scam. they're supposed to park cars and lots or garages. the altman says some parkers are using spot for free with counterfeit receipts. if a car gets a ticket the valet driver blows away. riley is proposing to raise the define to $500.raising the fine to $500. >> georgia officials say they're more prepare them there were two weeks ago. a storm shut down the atlanta area. the ice and snow from today's storm could be catastrophic. authorities predict hundr

pretty much in a nutshell, china has been importing record amounts of iron or and petroleum products.things that bhp are goodat and that is very news for bhp. they're fast have revenue was billions of dollars -- their first half a revenue was over $30 billion. it was significant to beat. easily outstripping the median estimate of that analyst of six .9 billion. they did extremely well and that is reflected in the share price this morning up a raw 2% in the first hour or so of trade. shareholders can expect a $.50 per-share share dividend. there is a warning. such a good news story cannot last forever. >> there is a bit of a chance to have turbulence from china. they are predicting a really good at numbers. record i had or advance or just in china may see a bit of turbulence. or -- iron ore and china may see a bit of turbulence. >> not just the china storks are rio tinto, bhp has been cutting costs. debt is down solid they are seeking to lower. let's talk about coca-cola. their profit has plunged more than 80%. because of a huge or write down all struggling frank cannery. >> a yeah. an

it's like taking the critics are made from petroleum. over one thousand green salsa. since produces far it has been like weeks fibers are extremely thin just five microns across ten times smaller than humans. twenty thousand rupees for a good time the woven into bundles which are then mixed grades in each of us. needing two hundred ninety degrees hopkins tobias a fight between two very rich sheiks. with the first carbon fiber sheets. it was not fixed and shops schools and cracking. japanese manufacturers sold the problem by developing an extremely fine grey reinforcing rest. his carbon fiber is ten times stronger than steel. four times is locked in the house of reps in these qualities make carbon fiber reinforced polymer an ideal material for a stretch. unit two was tested in the digit number a bit rough on us. these are the factors that led to these important quality of fun last conference on the use of the tree. it's the last minute. yet gotten so used to the rick ross need about twenty percent less fuel. it decreases the rate on one point three tonnes. every small

tell me about marathon petroleum and why. >> marathon is definitely benefiting from that team of the u.s. energy independence. the u.s. is generating about 83% of its domestic oil needs right now. and that's going to continue. so what's happening is that production and that infrastructure around that needs to be built out. and marathon, as one of the largest independent refiners, has done a very good job of capitalizing on that opportunity. they made a smart acquisition last year. they have a strong balance sheet. the yield is about 2% right now. as you said that's not all that high, but what's important is that they grew it by 20% last year. so not only the yield and the good, strong fundamentals of the company, but that growth of the dividend is important to edge. >> and jill, another thing, you don't always go to the larger cap companies, you look for small and medium-sized companies that as you say may not have a large dividend but grow that dividend by a large percentage basis. and i would assume that your next pick calumet specialty partners fits under that umbrella? >> that's

it's not even fly ash is what is a coke coke petroleum coke yeah. ash after it's made a lot of waste poison actually tons and tons of it. so we bring the stuff from canada down to the gulf coast we refine it so we get the we get the pollution we get the cancer cancer alley from texas through louisiana gets larger and worse right and. then with the gasoline in the diesel fuel most americans who are supportive of keystone x.l. think that they're going to get their gasoline and diesel fuel not going to happen it's actually going it's actually going to result in higher gas prices for the for consumers in the midwest who are now benefiting from that thirty dollars a keystone actually said that a year or so ago did they not right but they've been. the trans canada is the name of the corporations canada that wants to build the pipeline they've acknowledged that in order to maximize the fuel efficiency our side of the economic efficiency of developing the tar sands they have to get that one hundred dollars per barrel that the open they could could get on th

record i think there's two separate things the pipelines that have been built thus far are moving petroleum products around the united states that's a separate issue this is the linchpin the keystone x.l. which will bring the tar sands from alberta into the united states he hasn't said how he's going to decide yet but as we've discussed he's laid out all the framework for a no and we're hoping he gets there and what else do you recommend people to do that maybe are concerned about this issue or want to stop the construction well there's a comment period now there's a thirty day public comment period and those comments will be taken into consideration as the administration considers the national interest guidelines so whether this project fits the national interest and so this is a great opportunity to comment publicly and to get involved in some of these rally is we would expect to see a lot of direct action and i think that that's going to be very important to counter the big money lobbying of course and you know josh if he does approve the pipeline do you think that it will leave a lastin

history but unconventional petroleum products like tar sands oil are exempt from a pipeline a liability trust fund that pays for spills that corporations can't so we pay its price taxes like the nuclear industry is like price anderson on steroids right the taxpayer is on the hook for cleanup for this for this sludge that is more expensive dirtier harder to clean up is it is it you know i saw a news story a while back that the koch brothers who are only worth seventy billion dollars could make. one hundred billion dollars in profits just from this is that accurate or is that an exact i don't know the exact numbers but they are very big. in their various subsidies are very heavily invested in keystone x.l. the coke piles that you may have heard about in detroit and now in chicago some in ohio the pet the coke is boned by the koch brothers which they export to foreign companies to foreign countries rather that don't have the environmental protections they can't afford it because it's a cheap coal substitute it's dirtier than coal so you know it's sub-saharan africa nation that's trying to

actually used for in that crude form what's an ultimate leak gets refined and turned into other petroleum products just like any other type of oil the problem is the extraction and the refining is much more onerous and has much more costly impacts on the environment so let's talk about those impacts. what would they have wildlife and the environment at this pipeline is indeed built shortall first and foremost climate change is the biggest threat to wildlife and if we build this pipeline as i said we're going to greatly increase climate action in going to see an animal's across the world they have two other problems where we extract this oil up in canada is the burden nursery for one hundred ninety species of internationally protected birds and then if ever there was a leak and certainly we've seen these pipelines leak again and again any animals to drink water from there come in contact with the oil and on and on are going to be impacted we've already seen a side of this pipeline. be built i mean has there been any sort of detrimental impacts from that sure could use are one of keystone t

midcontinent, western state petroleum association, american petroleum institute.e all groups that have advocated for the keystone xl pipeline. to me demonstrated clear conflict of interest. that's not even counting the fact they've been in contracts with transcanada in the last three years. they failed to disclose. and so if they've lied on the form, how do we know they're not lying on -- >> i'm out of time. eric, i appreciate your time. jane, i appreciate your time. we'll stay on story. we're going to get a hold of the inspector general and find out if that is going on and we'll continue our conversation on "the ed show." >>> tomorrow night, former montana governor brian schweitzer will join us. >>> coming up, 12,000 gallons of crude oil spilled in minnesota and nobody's cleaning it up. congressman keith ellison joins me. anncr: you're working hard. all day. every day. and it shows... eight million new jobs. new businesses. new factories. new hope. still, it's harder than it should be to raise a family... save for retirement. so president obama is urging congress

. >> did he say petroleum?e to tell you that we live in a really cynical, jaded era. which makes it hard to advertisers to get through to people. but there are still companies that know how to connect with their customers. take chipotle, a company that builds itself genuinely as the organic and natural choice to the corrupt, unhealthy, industrialized food chain. so they make their own tv show, "farmed and dangerous," a comedy that highlighted the absurdity of the mainstream agricultural industry. the show is currently airing on hulu. i think there's more to promoting chipotle's message than any number of traditional advertisements would. this kind of branded content could be the future of advertising. and for those of you who are leery of corporations directly making their own shows rather than sponsoring them indirectly, all i can say is that "farmed and dangerous" is so funny, it almost made me wet -- well, let's just say it's very funny. too much information, perhaps. that's why i'm thrilled to have the star

we handle the could commodities from chemicals of petroleum alex to biofuels and vegetable oil. freedom and histories is a member. -- freedom industries is not a member. i've served as an officer in the merchant greens and i began with the engineering department of an ilpa founding company. we have a sale but on chesapeake bay. no one is harming our nation's waterways is a personal priority to me and my family and closest friends. we are committed to the safe reduction of our facilities. vast majority of us, we want rigorously enforces laws and regulations. levelsor environmental are perfect it in. there is the clean water act and the clean air act. all of our facilities are subject to regulation requiring tank inspection and secondary containment. some state laws carry additional requirements. terminals follow industry standards and best practices for maintaining the eggert -- integrity of their equipment. to examples.nce the epa has a spell -- spill prevention policy. incorporates robust standards for tanks and pipeline integrity. sbc see also has regulations of secondary cont

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, andnly country, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. > simon cowell as a father. his son eric was born in new york city. the baby was named after his father. they are both doing well. news, actor john kaczynski and his wife are new parents. they welcomed a baby girl on sunday. he said emily and i are happy to welcome our daughter. it was a baby boom in hollywood. >> and for non-holly

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, andcountry, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. okay. let's i think i forgot to it's race dapay a bill. what's up ted? yep, paid that one. what about your mortgage? yep, paid that too. alright we're good then. man i feel like i'm forgetting something. eh, it's probably nothing. you worry too much ted. alright, hammer down! bank from almost anywhere with the citi mobile app. citi, with you every step of the way. >>> welcome to "world news." tonight, the breaking news. what we're learning about that air scare. the passenger on the plane, claiming to have a bomb, trying to hijack the plane to sochi. the helicopters patrolling the air space over the olympic stadium. abc's brian ross, right here. >>> inside the theater, for the first time, th

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, and the only country, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. we've always been on the forefront of innovation. when the world called for speed... ♪ ...when the world called for stealth... ♪ ...intelligence... endurance... affordability... adaptability... and when the world asked for the future. staying ahead in a constantly evolving world. that's the value of performance. northrop grumman. >> police in arlington are searching for the man behind a deadly double shooting. despite cries for assistance, firefighters did not cross the avenue to help them. mills died later that day. the lieutenant inch -- in charge filed for retirement. the plea forandled help has been reassigned. questions were. four days. committed.n >> the chief has been talki

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, andcountry, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. kevin quick is our top trending story. coca cola response to criticism for the america the beautiful commercial. and, the forecast for the weekend. you can read those stories on wjla.com. >> lifesaver. eastwoodwould -- clint noticed a man was choking. he performed the heimlich maneuver and saved the day. the man he saved was the pebble beach national director. he was drinking water when something didn't work. he says there is no doubt eastwood saved his life. said do wonder if he you feel lucky? >> it is nice to have an action >> the weekend is here. >>o big storm. here is a look. warmer.it might be maybe rain in some areas. no big storm. another storm chance coming up on thursday. >> we wi

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, and the only country, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. >> partly cloudy tonight and tomorrow, light snow for the weekend. we will see you back here at 11:00. >> abc world news is that next. >> hope you have a wonder >>> welcome to "world news." tonight, state of emergency. hundreds of thousands of families in the dark and cold tonight. roofs collapsing. the warnings about black ice. at what temperature does it really set in? and watch this. the snowplow nightmare for one unsuspecting man. >>> downhill dangers. the injuries mounting already. after shaun white's surprising announcement, now this. another sport, another athlete. also from sochi, what we now know about the terror threat in toothpaste. >>> the science guy and the storm ton

the national petroleum corporation denies any wrongdoing and a investigation is underway. but how jonathan has chosen to deal with a whistle blower doesn't deal well with the company. with respect to these and several other allegations of corruption against members of this government. >> nigeria is one of the largest producers of oil. lamado sinusi is widely respected, taking on corporation in the past. this time it seems his probe into the notorious corrupt oil sector hits too close to home. be. >> headlines around the world. zimbabwe's leader is celebrating his 90th birthday. >>> thai farmers have called off a protest, angry about late payments from the government rice subsidy screen. they say they haven't been paid since last november. yingluck, says they will be paid on monday. >>> afghan capital kabul. three male suicide attackers were shot when they tried to storm the police base wearing buhrkas. .more to come this half hour. >>> under heavy guard and behind closed goals, are pleas of not guilty in ciesh, da cairo, day . real reporting that brings you the world. >> t

we had nothing other than diesel generators and petroleum. so i thought, why shouldn't we use the power of water. that could make our lives easier. >> 200 households will now enjoy electricity. that amounts to a revolution in a remote region beyond the electricity grid where people live from what they grow in fields or gather from the forest. small-scale initiatives need support if they are to succeed. and the rwandan ministry of the environment helps his project to become reality. he is advice on how to create hydropower plant in villages. -- he is advised on how to create hydropower plants in villages. >> we have to protect the environment. to build something like a hydropower plant, we are -- that is why we are here for this kind of project. we are here to see if this project that he has built for his village can get carbon credits. there is a way to get carbon credit to finance this project. >> in the past, there were no small businesses in the villages. now young people like this one see a future here. at 20, he has opened up a barbersho

if you say petroleum engineer, they will say that sounds good.t is the way it has been presented a lot of those not in my back yard, offshore. we have worked hard in mississippi. we are the second best state in america. oklahoma -- to inves. -- invest. oklahoma is one of them. we're trying to get our universities and high schools to tell students, this is an admirable thing for you to do. you could have a tremendous career in energy and change that mindset that someone will dislike them because they're going out and using hydraulic fracturing and enhanced oil recovery, new technology that has made us the greatest producer of oil and gas in the world. >> it's almost marketing. we have to be able to communicate to our young people of this is where the growth is. and this is understandable and acceptable. >> thank you. let me weigh in on the energy thing. the reason energy creates jobs is because there's a big demand for energy. it's a product that is global in nature. i sympathize with pat and the need to have some offshore. as a public land state,

>> petroleum is being exported. there's to limitation on exporting refined products.alking about crude oil, that you can't export. so the big boys with refineries, they can export all of the petroleum products that they want to but the limitation is just on us small guys. that's where we are feeding big oil. and they are supporting exports, for the most part. they realize that we're more efficient out there with the refining process, producing process, transportation process. >> but senator wyden of oregon seems to be against this. now, i think he's a reasonable guy but he and others say with jacked up prices the consumers would pay higher prices and businesses would pay higher prices and why don't we keep it right here at home. what's your response to that? >> well, prices actually through this renaissance have come down almost to% in most parts of the court and so it's been very beneficial. you know, taking these restrictions off, larry, it just opens the door for more efficient marketplace and certainly prices further to the consumer. >> lower the trade deficit, pr

in west virginia state relations require secondary containment for aboveground chemical and petroleum tanks that can protect the groundwater furley 72 hours. we understand that state and federal agencies in the chemical safety board are investigating the freedom industries access given the impact there's no question that these will be extensive investigations. and we expect resulting incident reports will cite factors contributing to the release of applicable regulatory programs and the possible violations of those regulations. i lta is interested in these findings in particular how the chemical escapes the containment even with an expansive regulatory map anomalous circumstances exist where an incident such as this could occur. we defend that a proper response would begin with understanding those circumstances. i lta contends a legislative response at this moment would need premature. once final investigation reports are released specific reasons for these tank and secondary failures will be better understood and then measures to prevent recurrence in another community can be determi

our petroleum company. so the state and the government have the right to decide how they will distribute those foreign currencies. so for that reason, the foreign currency is being given especially to social plans, to people who need it in the social services and public services. >> i get all of this but nobody's answering my questions. why now? why did this happen now alex? >> let me give you a short answer. >> that's okay. i'm going to alex in the studio. >> the fact that our security, the fact that 24,000 people died last year, the fact that my nephew has to carry his cell phone in his underwear. he has had three cell phones stolen. he has to carry it in his underwear. they have to lock the class because they are scared that criminals will come in and rob them. when they are riding in public transportation they are terrified for being robbed. our crime levels are through the roof. >> the worst crime rate in the world, right? >> jesus we have to be honest about what the problems are. i'm not saying there

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, anduntry, to answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. game with less lag time. and upload videos in a flash. getting the difference 100% fiber optics makes? i love you, too. [ male announcer ] that's powerful. get the fios triple play with a two year price guarantee call the verizon center for customers with disabilities and no annual contract. at 800.974.6006.tty/v. plus, an internet speed upgrade for two years. >>> inside philip seymour hoffman's emotional new york city funeral today. i'm nancy o'dell. the oscar winner's coffin carried by pallbearers. his girlfriend and three young children, their final farewell. >> here at the church, a steady stream of family and friends, cate blanchett, meryl streep, amy adams, joaquin phoenix, the grief ap

hello, i'm ray suarez and there is a lot of petroleum trapped in the sands. canada wants to send it to the south throughout the u.s. to the coast and the obama administration is moving slowly in killing or approving the project and pitting the environmentalist. there's no making everyone happy on this one. you either build the pipeline and ship the oil or you don't. somebody's not going to get what they want. the president kicked the decision to the state department, the state commissioned a report and assessing the project from all of the angels and decision time the growing closer. most americans don't know that the oil is coming from canada. thanks to new technologies, canada churned out oil in amounts previously unimaginable and for this the u.s. is seeking a new way to get the oil to this market. thus the keystone pipeline plan and bringing the oil and jobs to the u.s. in large quantities. because the project is crossing international borders the state department was assigned to produce an environmental impact report that came last week. in that long awa

citgo petroleum, the people of venezuela and president maduro are once again the only oil company, ando answer our call to provide heating assistance to the poor. they make it possible for non-profit citizens energy to deliver millions of gallons of heating oil to families in need. i'm joe kennedy. if you need help, call me at 1-877-joe-4-oil. because no one should be left out in the cold. >> is shakir a's new video too hot for this country? ♪ i can't remember to forget you ♪ >> city councilman in bogota colombia is trying to get the video banned saying it's immoral and vulgar. the faux lesbianianism has sparked controversy among actual lesbians saying they're posturing with this same sex ere eroticsm. with the olympics taking off tonight, one star at&t athlete is conspicuously absent. lindsay vonn was forced to drop out from an injury. instead of hitting the slopes she's hitting the runways for the debut of the new york fashion week. vonn said she's heart broken to be missing the olympics but she's kicking the games off in style. and who's better arm candy for fashion week festivities

john is a bit of a petroleum historian. he worked on a pipeline before he, as he said, gave up a honest living to become an economist. his other choice, by the way, was meteorologist. it works out well. on the other hand, you never know who is going to be right. he comes from a family that worked on pipelines in the united states. we have a terrific panel who can talk about all aspects of the transportation system. john, without further redo, i will turn it over to you and thank you. >> i really appreciate this opportunity. this is an important topic that has been important to the oil and gas industry for a long time. i did work on a pipeline as a kid. the first major pipeline in the united states was the tidewater, running all the way into new jersey. it was developed by independent oil because basically at that point transportation meant rail. john d rockefeller have monopolies on rail transportation. handdug this pipeline by and finished it in 1882. my brother and my father also worked on a pipeline, the alaska line, so

so okay, it's aging you and giving you embarrassing gas isn't enough, gum can also be made from petroleumi know, oil, and sugarless gum contains neurotoxins likes asparthame. that's it for today. i hope you enjoyed the show. until next week, i hope you learn to be more of a healthy you. >>> hi, everyone. i'm jamie colbiment and i guarantee you that you will be glad you tuned in today for "sunday housecall." >> every week, i'm eric shawn. welcome us to "housecall." welcoming us is marc siegal. >> and wait, there's more. you get dr. david samadi, chief of robotic surgery at lennox hospital. doctors, welcome. great to have you here. there was a new warning that come out from the american heart association this weekend. a lot of people are now

list dealing with russia that let's face it, it's still one of the leading states with enormous petroleum and natural gas reserves. this is a big issue and they have been wrong from the beginning. it will be something that hillary will have to answer for if she decides to run in 2016. >> we will continue with this and the talks supposedly again starting february 10th. we will see if anything can happen to stop this horrendous situation. thank you as always. >> thank you. >> one can certainly hope. meanwhile richard sherman and peyton manning are playing in the super bowl, but will the weather be a factor in today's game? it's looking nice right now, but we will have a full forecast for you whether you are there or watching at home. next. let's say you pay your guy arnd 2 percent to manage your money. that's not much, you think except it's 2 peent every year. go to e*trade and find out how much our advice and guidance costs. spoiler alert. it's low. it's guidance on your terms not ours. e*trade. less for us, more for you. is a really big deal.u with aches, fever and chills- there's no such

. >> shares in london petroleum are trading down. they did return to profit in the last three months of the year. joining us first on cnbc is ashley heppenstyle, the ceo of lundin petroleum. that's the wrong still, but anyway, ashley is with us. revenue, $282 million versus 246 million a year ago. why has the revenue fallen? >> basically, our revenue is pretty much in line with last year. oil prices last year close to $115. this year we're slightly below $110. our production is down about 5% to 10% this year from last year. and what we'll see, that will double over the next year as we bring new projects on stream. >> as you produce more oil, what's happening on the cost side? what will happen to your margins? >> this field we found in norway has probably the lowest cost in the industry. this is the largest discovery made in the north sea since 1985. it will have cost curves in the bottom part of the lower quartile. obviously, when uven 250 million barrels of oil brent based in the north sea clothe to infrastructure and a cost for bar