at the time creole was a standard oil of new jersey affiliate and the world's number two oil producer. it dissolved when the country nationalized their oil industry in the 1950's. ♪ narrator: stretching along the eastern shore of lake maracaibo and venezuela, one of the industrial wonders of modern times, the oil-producing complex of the venezuelan fields, more than 2000 oil wells reaching almost to the horizon. one of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. the oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and -- refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, creole petroleum corporation. creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. from its caracas offices, this comp

creole is an american company, affiliated with standard oil of new jersey, but it operates exclusivelyvenezuela, making its headquarters in caracas, sparkling, modern city whose progress is rooted in oil. from its caracas offices, this company conducts business in the interests of the venezuelan people as well as its own stockholders. this is the story of an american business firm which has become an integral part of a nation's social and economic progress. venezuela is a country of great natural resources, but only oil and iron have been tapped on a large scale. this story of oil must begin at this fabulous lake, lake maracaibo. even the history of the nation began here, for these wells are only the modern successors of something the first explorers found when they entered maracaibo in 1499. indians were living in houses on stilts, and from this came the name venezuela, for little venice. lakeshore, oil seeps to the surface. the first explorers found the indians using it for medicinal purposes. ♪ it was to be more than four centuries before development of those oil resources really be

a the time creole was standard oil of new jersey affiliate at the number two oil producer. it dissolved when the country nationalized their oil industry in the 1950's. ♪ begins] ♪ narrator: stretching along the eastern shore of lake maracaibo and venezuela, one of the wonders of modern times, the oil-producing complex of the venezuelan fields, more than 2000 oil wells reain

possibly their future is in play ok the same question to you because we do have 80 and we have standard oil we have microsoft i mean there are precedents out there there are ways about doing this here to create more competition that's what we need more competition and more privacy ok and a little bit more tolerance of people like me conservatives go ahead ed. well i am one of those those conservatives as well and you know the problem has really come because of the privacy issue and because of you know what some people say some political leanings but i love competition but you know on the flip side facebook competed one google competed one and now we're going to come in and say you know you did too well so we're going to raise you abbott and i don't like it i don't either but i'll take a lot of my size our commerce but buying the competition to destroy competition is not good business practices and you know that ok we saw that with these other big standard and i'm not saying you know i don't go by their competition and they destroy it ok all right jeffrey the same question to you trying to b

standard oil, at&t, microsoft. we saw what happened with microsoft.d talking tough and saying those things, i did not see much in that speech that was different than the current antitrust orthodoxy today, that we do not penalize big. badalone is not bad, but if conducts leads to big, that is the problem. if the conduct crosses the line, we will go after that conduct. is this substantive or is it more marketing? where they cases have broken up companies. some level there is some theater in it. he quotes senator sherman from 1890 talking about the emperor and autocrat of trade. he says some things that are fairly unusual for republican assistant attorney general for antitrust. he complements the microsoft settlement, which was controversial. he says it may have given rise to google, yahoo!, and apple. secondly, he talks a lot about the need to let companies -- he is talking about that there should be a light hand on that. on the other hand, he is saying that competition is not just about price. he goes into the specifics on nonprice competition, which i

. >> i'd take a page out of the old standard oil anti-trust back in the day alphabet shareholders might be crying all the way to the bank if they had to break it up i think there are some under valued properties there. but that's even an extreme thought. then on apple, we've owned apple since 2005, you know, we have been through a lot of different things with apple over the years, but no doubt about it, these headlines, the prospect for regulatory overview, it's a wet blanket on the multiple. i think tim cook tried to get out in front of this yesterday in an interview saying they really don't have monopoly position in anything i think the exception to that is the app store that probably would be the focus of regulators i think it's a monopoly. i think it's very dominant it's a great asset for apple, but, again, it's just again a wet blanket. apple stocks have been flat now. at least in the 170s the first time it hit 170 is back in early november 2017. so, i don't know how much of this regulatory is baked into the price, probably not much right now, but apple at 13 times next year's earn

. - what is standard fish oil? - your question is a really good one, because most physicians who are recommending that their patients take fish oil, don't know this, but fish oil it's 18% epa, 12% dha, and that's a standard fish oil, it contains very few other meaningful fatty acids, that actually reduces inflammation. and then the extraction process yields something called free fatty acids, and free fatty acids are more what we call bio available. so what that means is your body can immediately utilize that substance, it doesn't have to go through a lot of steps before it's absorbed. - so fat is not a bad word in that connection? - no (laughs) fatty acids are-- - are good? absolutely essential for your health. omegaxl is omega-3 plus, because it contains the 30 different fatty acids that are not contained in any fish oil. - and look at the difference. - this is really important for compliance. if a patient can't take the pill, then it's not going to benefit them. - the omegaxl capsule is so small that it's just, i

google they would have shares in these broken up companies i mean if you look at rockefeller when standard oil was broken up he became even more rich because he had shares in all of these companies that were competing against each other and creating the best product for the best price for the consumer that isn't a possible way bill go ahead i'm not sure that we're going to be doing any of these actions for the benefits of they made just shareholders in some of these companies the main consideration is going to be what does this mean for the consumer and the competition in the markets and that has to be the main consideration that we focus on we need to remember that there have been a number of already inquiries both in the e.u. and in the u.s. into their practices by some of these companies and also into the. sort of level of competition and these companies have become very effective in terms of their ability to lobby for their own causes and in order to frustrate some of the actions that might have been taken against them so far they've survived with nothing more than the old falling here all

possibly their future is in play ok the same question to you because we do have 80 and we have standard oil we have microsoft i mean there are press. it inside out there are there ways about doing this here to create more competition that's all we need more competition and more privacy is ok and a little bit more tolerance of people like me conservatives go ahead ed well and i am one of those those conservatives as well and you know the problem has really come because of a privacy issue and because of you know what some people say some political leanings but i love competition but you know on the flip side facebook competed one google competed one and now we're going to come in and say you know you did too well so we're going to raise you abbott and i don't like it i don't either but i'll take a lot of my devices are commercial but buying the competition to destroy competition is not good business practices and you know that ok we saw that with these other big standard and i'm not saying you know i don't go by their competition and they destroy it ok all right jeffrey the same question to y

at the time creole was a standard oil of new jersey affiliate and the world's number two oil producer. it dissolved when the country nationalized their oil industry in the 1950's. -- 1970's. ♪ narrator: stretching along the eastern shore of lake maracaibo and venezuela, one of the industrial wonders of modern times, the oil-producing complex of the venezuelan fields, more than 2000 oil wells reaching almost to the horizon.

possibly their future is in play ok ed the same question to you because we do have 80 and we have standard oil we have microsoft i mean there are precedents out there are there ways about doing this here to create more competition that's why we need more competition and more privacy ok and a little bit more tolerance of people like me conservatives go ahead ed well and i am one of those those conservatives as well and the problem has really come because of the prime.

standard oil had closed its refinery, which was the last of the major refineries here. the water quality was bad. the ecology was greatly diminished. there was little reason for people to think of the cuyahoga as ecological space, to think of it as a complete river. at the same time, it was not as bad as it had been. >> along with his brother, david stradling is the co-author of "where the river burned." he joins us in cleveland on this sunday. we welcome our viewers on c-span3's american history tv as we look back at the events from 50 years ago. we are dividing our phone lines regionally. those in the eastern half and those in the mountain and pacific time zones. we do have a line set aside for ohio redents especially if you are living in the cleveland and akron area. e would love to hear from you. 202-748-8002. i want to share with you the words of president richard nixon, who is credited with the creation of the e.p.a. here is what he had to say about our environment. president nixon: in the next 10 years, we shall increase our wealth by 50%. the profound question i

even before that with the oil companies, standard oil.ral remedies for conduct are less common. and off a lot of remedies that we aim at stopping the conduct, finding ways to prevent not only what the companies specifically did that violated antitrust law, but also what we call tensing in relief. ways to achieve the same that affect that would be slightly different. we put prohibitions and then fence them in. david: i cannot let you go without asking you about that qualcomm case. won in brought the case, district court. the department of justice is on the other side and one of your commissioners wrote an op-ed. how difficult is this when some of your commissioners do not want this brought? that case is on appeal right now, there is pending activity on it. what i would say is when you bring challenging cases, especially cases that involve complicated questions, they often spawn a lot of different views. at the federal trade commission, one of our strengths as we have five different commissioners. own views, they think hard about these thin

. >>> welcome back a warning for big tech doj's anti-trust chief saying this week that standard oil offers. an assistant attorney general adding the antitrust division will not shrink from the critical work of investigating and challenging anticompetitive conduct and transactions was justified. good morning first off, let's start with your reaction to these comments this week it seems like he laid out the case for this antitrust scrutiny >> i don't really think you can read too much into his speech in terms of the likelihood of an enforcement action brought by the justice department i think the principal messages he was trying to make in the speech one the copies on the beat were looking at it and two we have the tools we need. we don't need outside interference and we don't need new legislation. >> he also did cite the antitrust trust case against microsoft, which you were involved in. how did that play out? how did this set the stage for what we're seeing in terms of this more critical lens on tech today? if he were to consult with you, how would you advise him based on that experience >

those companies are larger and have more market power than standard oil did. they're larger and have more market power than at&t did when it was broken up under the anti-trust laws and in particular. if one is using a monopoly to engaged in politically biased censorship, there's a good argument. is it complicated? yes. is that a different manifestation than the sherman act was adopted to address? unquestionable but it was adopted to address the abuse of monopoly power and that has different manifestations in different times and eras. so what standard oil is doing is different from what google is doing but both enjoyed massive monopoly power and were using it in ways that were contrary to law. by the way, there's a third potential avenue which is for remedy and it's one that sounds in either fraud or breach of contract and framed really simply. it's the typical user on twitter or facebook, if you sign up you assume that if you follow somebody you're going to see what they tweet. you're going to see what they post. if somebody follows you, they're going to see w

. >> caller: one of my favorite americans of all time started a company by the name of standard oil. it's not around but next of kin. i know you aren't a fan of oil but what do you think of exxonmobil as a long-term hold >> long term hold fine as fine as you understand long-term hold the millennial managers turned on oil for fossil fuels. countries like norway are saying listen, we won't have gasoline and saying that is the future and i am concerned that that may be the case. how about we go to bud in ohio bud? >> caller: jim, boo-yah ski daddy. >> what's shaking? >> caller: hey, jim, thank you for everything you do for us and father's day reminded me of your story how chinese predatory trade practices destroyed your dad's paper industry. >> they did. >> caller: i lived my entire life in what some call the rust belt so i watched it happen for decades which is why i'm interested in companies that are reassuring jobs but i want a good investment, too what do you think of stanley black and decker >> i'm proud of them let's bring those back i'm a believer and i think that stock is a good

chief says he is ready to act to protect competition in a digital marketplace comparing to the standard oil of john rockefeller. the latest in a string of warning shots being fired across the battle of big tech is anything going to come of it? economic policy analyst at the american enterprise institute and a contributor, as well jimmy, okay. so, yesterday, i don't know. i'm looking for headlines. was it all heat and no light did anything really come out of these hearings on capitol hill yesterday? >> i think what came out the newspapers are very unhappy with their business situation would love to get some help. whether it's these cash flush tech companies giving them money or something else. but they sort of ignore the reality that ultimately the internet that has disrupted their companies and perhaps, you know, wikipedia should be cutting checks to the encyclopedia companies they were disrupted and some have survived and some have not. what you have seen happening is congress is trying to set up a situation where they see these companies as a problem and something must be done whether it'

how is this considered in the same vein as say a standard oil as far as a monopoly?t's a question that would be answered by the trial judge, if they do file a complaint. talking about years before they file their first document in court. the way they would address that is to reshape the marketplace. you have very generously put amazon in the marketplace of all retailers. so the government would argue that amazon should be in the marketplace of just on-line retailers in which case of course it is the king of the hill. >> judge, it is carol roth. one of things that's not such a well kept secret is that big business actually loves regulation because it ends up hurting small business who can't compete because they don't have the resources. >> yes. >> to the extent there is regulation here, whether it's around privacy or something else, has there been any discussion -- are you hearing any rumbling that maybe they exempt small business because if not, then this ends up being more anticompetitive than competitive? >> i have not heard those rumblings and i probably would. th

some of the massive tech firms, just in the same way as they were able to break up firms like standard oilay. the times may have changed, the tools need not, essentially. >>> let's talk about kids eating vegetables. >> hard left turn here. >> i know i sometimes have to fry vegetables for my kid to eat them. kraft figured it out. they're going to basically lie. >> i have a 3-year-old, yasmin, and he is a fan of broccoli. that seems to be a bit of an anoma anomaly. what kraft are trying to do to encourage kids to eat more greens is rebranding. if you take a pouch of their classic ranch dressing and dress it up as cake frosting, perhaps, just perhaps, you'll be able to get kids to eat more of their lettuce, beans, and all the other greens. this seems to follow the advice of the legendary child carer, mary poppins, a spoonful of sugar helps the medicine go down. >> the poor kid, no one told her she has something in her teeth. >> she'll regret it by high school. >> the problem is not the word "dressing." my kid loves ranch dressing. if i bribe him with dressing to dip a vegetable in, he's fine

and the second thing is is there a monopoly here i think there could be a monopoly and as in the standard oilast century, the monopoly could be in distribution, but the remedy would be to take the distribution away from the production in the kaus case of apple, you d take the services businesses and particularly the app store and put them in a separate company if you found ten years from now that they were guilty of monopoly and i think if that were happening, if you apply today's rules in the market, the store would be selling at a much higher valuation than the integrated apple does right now. i think with what's going on in that service business and the margin structure, i would probably be willing to pay 20 times running rate ebitda for it the same thing goes with the google aspects, in amazon's case, if you were to break up the retail part from the cloud, there might be some ramifications because the cloud has funded very competitive price behaviors from the retail segment. overall, i think you're looking at a very, very long time period before anything bad happens, and if it does, proba

the journalists called muckrakers were revealing the devious methods of companies like standard oil, writing long exposes in popular magazines, and this reflected the real changes happening in american capitalism as well as the anxieties that those produce in americans. speaking of anxieties in americans, fear of new americans, new immigrants, and we will talk about this in much more detail in the coming weeks. the cities are filling with people. many americans have deep discomfort about immigration, even though many of them are the children of immigrants themselves. new immigrants from southern and eastern europe constitute an unprecedented wave of new arrivals from 1882 to 1920. 18 to 24 million new immigrants come to the united states in this exact same time period. ok? at its peak, they represent almost 15% of the american population, a figure we have never exceeded. we came very close in 2007 before the recession, but those are sort of parallels. i don't think i need to tell you what a hot issue immigration is right now. our numbers are actually way down from a decade ago. in th

history, standard oil. news of the special production, like -- american history to nondiscrimination and interoperability rules. we also need rules to -- curb invasive data collection by default. and give citizens ownership of the data. the good news is, we have been here before. i have seen pointed out. we have, these are not new challenges. we have stood up to powerful --. each time we were better for it. we only, we all reached new waves of innovation. we have restored our markets and remove the gatekeeper. but if we don't act now, the change the structure of the market, things will continue to control speech, journalism will continue to wither, so will our democracy. thank you. >> thank you. the chairman recognizes mr. shares for five minutes. >> thank you mr. chairman, members of the committee. on behalf of the computer and communications industry association, and association of technology, internet and communications firms, i appreciate the opportunity to appear today. let me begin by acknowledging th

history, standard oil. news deserves special production like it has through nondiscrimination and interoperability rules. we need rules to curve invasive data collection and give citizens ownership of their data. the good news is we have been here before. these are not new challenges. we have stood up to powerful tech monopolists. each time we were better for it. we have restored our markets and removed gate keepers. if we don't act now to change the structure of our markets, journalism will continue to wither and so will our democracy. thank you. >> thank you. the chair recognizes mr. sheers for five minutes. >> on behalf of the computer and association of technology, internet and communications firms i appreciate the opportunity to appear today. let me begin by acknowledging that success brings scrutiny. digital technology and the internet has revolutionized the u.s. economy and the global economy, the industry leaders are names recognized around the world some of the most prominent brand we know. we welc

at the time creole was a standard oil of new jersey affiliate and the world's number two oil producer. it dissolved when the country nationalized their oil industry in the 1950's. ♪

it's peanuts, however, there is the case of standard oil, by the way, at & t, i know we are saying it'sat this point but you never know, when you control 90% of the search market in the u.s. and globally. stuart: the government comes after you, you got a problem. check the big board. oh, we are open, now five minutes in, and up 60 points. how about that. when i was up this morning it was down 200. now we are trading and are up 62. >>> look at the auto makers, please. they were down friday after president trump threatened tariffs on goods coming here from mexico. not much of a recovery this morning. in fact, general motors, i can see, is down a little more and so is toyota. okay. they just turned around. but no big rebound after friday's losses for the car makers. >>> here's a story. quest diagnostics, medical testing lab, have announced that nearly 12 million patients may have had their personal information compromised in a big data breach. quest says the hackers may have gotten credit card and bank information as well as medical records and personal information. the stock is up. >>> yo

and i think, significantly, the oil refinery industry had basically left cleveland by 1969, so standard oil closed its refinery, number one, which was the last of the major refineries here. so the water quality was bad, the ecology was greatly diminished. there was little reason for people to think of the cuyahoga as ecological space, to think of it as a complete river. at the same time, it was not as bad as it had been. host: along with his brother, david stradling is the co-author of the book "where the river burned," and he made his way from cincinnati to join us in cleveland on this sunday, and we welcome our videos on c-span3's american history tv, as we look back at the events from 50 years ago. we are dividing our lines regionally. (202) 748-8000 for those of you in the eastern half of the country. (202) 748-8001 if you are in the mountain and pacific time zone we have a line set aside for ohio residents, especially if you are in the cleveland and akron area, we would love to hear from you, if you remember the events from 50 years ago, (202) 748-8002. i want to share with you the wor

vegetables on farms being waste because they don't comply with cosmetic standards we're talking about huge heaving shopping oils the food which is just going to end up in the supermarket bins and the reason why. is because the supermarkets know that's what triggers our response of taking and filling up basket even though week after week on average people wasting 20 percent of the groceries that they're buying in those stores it's a system with entrenched waste within it we do have the power as individuals to waste less shift away from most ecologically destructive practices should give us hope that we can flick this enormous problem into one of the most delicious tools to tackle compartmental milk. with over 7500 kilometers of coastline italy has relied on the bounty of the sea for thousands of years. but hidden beneath this is. an environmental catastrophe maybe under way. i'm a student for a new and i finish shaphan food writer for naming. 30 years. italian cuisine is one of my passions so when i heard if these fishing waters were under threat i just had to investigate and here in southern mississippi where i

standards for iranians. and us sanctions have also cut oil exports — a primary source of income for iran.y've fallen to less than 300,000 barrels a day this month according to the latest estimate from reuters. that compares to about 2.5m barrels a day a year ago. back in april, the us said it's sanctions had denied tehran of "well over $10 billion" of oil revenue — that was when it announced the end of sanction exemptions for eight countries buying iranian oil. in a moment, we'll hear what iran makes of the latest sanctions but first here's the us treasury secretary on their impact. for people who say these are just symbolic, this is not the case at all. we have literally locked out tens of billions of dollars. these sanctions will come along with additional entities where people are hiding money. these sanctions are hardly does make highly effective. lehmo the us should take these steps in order to put aside their odour from our region. -- the us. and also move away from economic warfare. against the iranian people. dr sam fowles is a fellow at the foreign policy centre which is an inter

vegetables on farms being wasted because they don't comply with cosmetic standards we're talking about huge heaving shopping oils the food which is just going to end up in the supermarket bins and the reason why. is because the supermarkets know that's what triggers all response of taking and filling up basket even though week after week on average people are wasting 20 percent of the groceries that they're buying in those stores it's a system with entrenched waste within it we do have the power as individuals to waste less shift away from most ecologically destructive practices should give us hope that we can flick this enormous problem into one of the most delicious tools to tackle compartmental. with over 7500 kilometers of coastline its lee has relied on the bounty of the sea for thousands of years. but hidden beneath this is your waters an environmental catastrophe may be underway. i'm a super furry neo and i finish effen food writer for nearly 30 years. italian cuisine is one of my passions so when i heard it's these fishing waters were under threat i just had to investigate and here in 7 s. they were ital

vegetables on farms being wasted because they don't comply with cosmetic standards we're talking about huge heaving shopping oils the food which is just going to end up in the supermarket bins and the reason why. is because the supermarkets know that's what triggers all response of taking and filling up even though week after week on average people wasting 20 percent of the groceries that they're buying in those stores it's a system with entrenched waste within it we do have the power as individuals to waste less shift away from most ecologically destructive practices should give us hope that we can flick this enormous problem into one of the most delicious tools to tackle compartment. with over 7500 kilometers of coastline its lee has relied on the bounty of the sea for thousands of years. but hidden beneath this is your waters an environmental catastrophe may be underway. i'm a super furry neo and i finish effen food writer for nearly 30 years. italian cuisine is one of my passions so when i heard it is fishing waters were under threat i just had to investigate and here in southern this they were italians are

the world has been up what type of pass through would you expect into ultimate oil prices here if you go on historical standardsot directly connected. we saw the oil price move yesterday that will feed through much quicker to the consumer than any particular insurance increase. >> generally speaking, when you think about the insurance environment and just taking yesterday's geopolitical developments aside, have insurance premiums been going up anyway due to the slowdown that we're seeing in global trading activity due to the tariffs, the macro developments going on between the china and u.s. is it having an impact on the shipping community as well and that people are worried that, you know, deliveries in the future may not be as big as they were in the past due to the tariff environment >> quite a wide question directly on the shipping insurance not so much. political risk perhaps contract frustration would be a concern there. but in terms of direct shipping, no, not really for a considerable period, the market has been depressed, very competitive market, set against dropping freight rates so it has been depres

standards for iranians. and us sanctions have also cut oil exports — a primary source of income for iran.s than 300,000 barrels a day this month according to the latest research from reuters. that compares to about 2.5 million barrels a day a year ago. ben. thanks, let's get some details on all of this. anahita thoms is head of international trade practice at baker mckenzie. shejoins us from our she joins us from our brussels story. anahita, good morning and welcome to the programme. sally was running through some of the details there and just looking at what was said by the us treasury secretary, these sanctions will lock up billions of dollars in iranian assets. looking at the implications, what does this mean day—to—day in iran, and is it significant? let me be very clear. when it comes to the economy as a whole, these latest set of sanctions will not have a big impact. you have to see that the us has already targeted iran with significant sanctions for years already, and that non—us persons are not allowed to do —— us persons are not allowed to do —— us persons are not allowed to do —

there is a clean car standard, rules for oil and gas. if you consider the rules being statesback, the united is not yet out of the paris agreement. the trump administration noted its intent to exit. that won't go into effect until the day after the 2020 presidential election. are not working toward meeting the obligations. that's a concern for environmental groups. landmark legislation they were hoping to use to meet targets under the paris agreement. taking that away is limiting the approach. host: just to look at the growth of carbon emissions world wide, global emissions hit another record high in 2018. growing 2% over the previous year. germantown, we hear from roddy next. caller: hello. i would just like to say the clean power plan is a good situation. for the wholeea economy as well as the world. plan, itclean power makes it safer for the universe. it reduces fossil fuels. better withrything the economy, the world, it makes everything great. ash and cleanl power. don't have to worry about smog. the plan is to be something to work o

consistent with past statements of iranian leaders that if we can't export our oil nobody else will so this is a standard iranian reaction to the sort of maximum crater wasn't this the point of the they nuclear deal is to sort of rein in iran to rein in this this type of thing i mean not specifically this but wasn't too keen on the rod and some sort of check wasn't that the point of the original nuclear agreement and no only well one of the criticisms of the nuclear agreement was that it only dealt with one aspect of iranian model line behavior and that was the nuclear program but the support of proxies the attacks on ship in the development of missiles in effect a nuclear deal gave year on license to continue that activity and the hope was that as iran saw the benefits of the nuclear deal they would moderate their behavior but unfortunately they just weren't ready to be integrated in the global economy all account when all accounts that iran was complying with the deal. yeah but that's only the nuclear aspects of it they were still you know sending you know brigades of soldiers to fight in syria still s

we have gone from the custodians of the gold standard to being suspected of purr veying snake oil byof our closest partners. it is not surprising, stephanie, that these partners would at least ask for more information. they have every reason to do so. i say that because president trump has surrounded himself with a team that has really changed its tune since they entered government when it comes to iran. people like john bolton, like mike pompeo. they were ardent, vociferous proponents of regime change, military regime change in iran before they took up their current posts. john bolton in 2015 wrote an op-ed entitled "to stop iran's bomb, bomb iran." at the same time, these two individuals and others have consistently shaded intelligence about iran's compliance with the nuclear deal, even as you have our intelligence community, international weapons inspectors, our own state department saying that iran remained and still, in fact, remains in compliance. yet you hear these disparate versions of the truth, of their truth i should say, emanating from the white house. that's what i think

standard of living could be much higher. this is a country that's rich in natural resources. large reserves of oilas have been discovered here, but some of this wealth has been lost through corruption. that money should be going to the people of senegal. the country's natural resources should be going into the state budget to help ordinary people. what's happening is that the nation is being robbed. countries like senegal, with huge natural resources, should be profiting directly from those natural resources. i'm investigating a deal that has cost the senegalese people billions of dollars. it involves a businessman who was based in london, as well as one of britain's biggest companies. in 2011, senegal was handing out two exploration concessions for oil and gas. the blocks covered 6,700 square miles off the coast. a major oil company wanted to drill, but at the last minute, the blocks were given to an unknown company instead — petro—tim. it had no track record in offshore drilling. translation: the company petro-tim that was eventually chosen shouldn't have benefited from these permits because thi

the mileage standards were dropped, i don't know what consumer benefit they got. oil companies got a benefit. have a peterbilt and a prius. i just think this is a huge step. climate change aside. that is huge step against the consumer. gasoline has gone up significantly and quite frankly it cuts a pretty big hole in my cketbook when i fill up my peterbilt. i would encourage you to reinstate it where it was. it doesn't make any sense. everybody else is headed in that direction. we're the greatest country in the world until we elected president trump and now we're taking a backseat to everybody. this is crazy. markey and i don't agree on everything but we sure agree on this. this is important. i want to talk to you a little it about amtrak. there is a component in the fast work withllows you to a pretty broad coalition of people on how that is going to work. is there the same kind of for long distance routes, amtrak's long distance routes to talk about where you're going? >> senator tester, i really appreciate that question. it is something that has come to my mind. eep

standard. back to you. >> thank you very much, mike. >>> 4:31 breaking news, right now, sparking news concerns, the u.s. warship is now assisting two oil tankers that may have been targeted in attacks off the iranian coast. both were struck by explosives in the gulf of amman. here is aj an image, it is an oil tanker flyin under the marshall island's flag. it was on its way to taiwan and carrying oil. the other is japanese owned. in both cases, the ship sustained significant fire damage, but all 44 sails or on board, both tankers were safely evacuated. the incidents are being called suspicious. nothing is confirmed, but oil prices are shooting higher by nearly 5% all right. we will continue to follow this breaking story for you. updates as we get them. >>> back in the bay area, fire danger is still high, with lower temperatures, it might be a good time to clear the brush around your home. >> they are reminding people that an important deadline is q. the contra costa fire department says it is critical to repair for fire season by getting rid of any dry brush. if you have dry brush along your property line, you need to clear it, with car