texaco say their etrol aren't pressures. texaco say their petrol stations _ aren't pressures._ aren't pressures. texaco say their petrol stations are operating - aren't pressures. texaco say their petrol stations are operating as i petrol stations are operating as normal. but the fact shortages are occurring at all has warned once again how supply chains in the uk are coming under intense strain. theo leggett, bbc news. joining me now from a petrol station forecourt in stockport is our business correspondent, ben thompson. good morning, ben. what is the situation there?— good morning, ben. what is the situation there? , ., situation there? yes, good morning. reau situation there? yes, good morning. really brisk — situation there? yes, good morning. really brisk trade _ situation there? yes, good morning. really brisk trade at _ situation there? yes, good morning. really brisk trade at this _ situation there? yes, good morning. really brisk trade at this bp - situation there? yes, good morning. really brisk trade at this bp petrol. really brisk trade at this bp petrol station i

i remember that story vividly, i remember hearing from the texaco and chevron ceos at the time, texaco seen countless big mergers since. but that was the big one before that big day. it's interesting, yeah? >> it was huge, neil. there was a lot of opposition to it. neil: absolutely. >> environmental groups, community groups, tremendous opposition to it and the real fear was, of course, oil prices would go up. who would have known eight, ten years later oil prices would actually go negative. and what you've seen is these big oil companies are have had to bulk up, neil, because they've got competition. competition we couldn't have imagined ten words ago. one word, tesla. the electronic vehicle company is giving the oil companies a run for their own money not just unlike thomas edison competed with rockefeller a hundred and some years ago. we're seeing that same level of innovation protect your companies as it did rockefeller all that way back. neil: you know, it's interesting, i don't know how you as an investor sort of play this, but some of the best ones zig while the others zag or don

we have an arrangement in place with texaco to use our own | place with texaco to use our own tankerscars and thinking, if i don't fill up now, i might not have any? people see the queue — up now, i might not have any? people see the queue and _ up now, i might not have any? people see the queue and think, _ up now, i might not have any? people see the queue and think, if— up now, i might not have any? people see the queue and think, if they i up now, i might not have any? people see the queue and think, if they are l see the queue and think, if they are panic buying, there might be a shortage, but there is plenty of fuel and there is no fuel shortage. some companies have a driver shortage but overall, it is business as normal. shortage but overall, it is business as normal-— shortage but overall, it is business as normal. government is allowing 5000 extra — as normal. government is allowing 5000 extra drivers _ as normal. government is allowing 5000 extra drivers from _ as normal. government is allowing 5000 extra drivers from the i as normal. government is allowing 5000 extra driver

look at that texaco. when's the last time we saw that see you in a while. >>> let's get back to your markets and the money, which could be in for more volatility. there are several events this week that could douse or light a fire on the markets. you have fed chair jay powell, the federal government faces a shutdown on friday if congress does not pass new funding. there are big data points like home sales, ism manufacturing. let's get more perspective on all of this, mark anderson is head of global assets, he joins us on the cnbc news line good morning, mark what are you and your team watching this week or in the next few weeks >> i think you bring a lot of great perspective, which is first of all i think that the global economy has seen a bit of a slow down over the last couple of months and we certainly have a lot of potential roadblocks in there, which both relates to china evergrande related risk, we have the potential risk of u.s. government shutdown we have central banks that are certainly passed th

texaco was no longer the top origin country among the most recent immigrants to the u.s. thanks to his mexican hating top aide stephen miller, donald trump was aware of the power of historical mexican hating come for attracting and building white nationalist base. miller grew up in the 1990s in the affluent white west side of santa monica, and oceanside enclave in los angeles county in the larger los angeles area. people of mexican heritage numbered 3.5 million out of 9 million population in los angeles. during miller's high school years that you, youth organization had an active presence, and he began nourishing a hatred for mexicans, and found mentors to educating and white nationalist politics. at trump's stadium rallies, miller's ideology reverberated as trump conjured an invasion of animals, raving about the dangers of the salvadorans, ms-13 gang whose members, none of whom are mexican, comprise only 1% of all gang members in the entire united states. on sunday august 3, 2019, patrick, a 21-year-old resident of suburban dallas, texas, drove 634 miles to the walmart s

the federal trade commission approved chevron buying texaco. it was a huge oil merger. that was bigger than big. at the same time, we learned the u.s. government was giving up its quest to break up microsoft. a new fellow had just taken over the fbi just a couple days prior. his name robert mueller. this week that is the kind of stuff we look at each day every day going back 20 years to the day. what was happening leading up to that day. we'll also go back in our own records, our own coverage to let you know what were the worries, what were the concerns, especially after that attack. were ready for it? hear it in the voices and the people at the at the time. take a look. >> a lot of people came very close and saw quite a bit yesterday. i'm wondering among the survivors, the friends, how that affects going back to business. >> well, it has to. even if you're just watching these horrible images on tv, how can you just go back to business as usual. >> what did people say? >> one of the thing it reminds me of, i never delineate between the economy and my life. this can't be

as the precious and trying to get it into every school building, cruise ship, job place, walmart, texaco, everywhere. they're trying to get it in everywhere. are you surprised that that turns out to be not so great politics? >> joy, sadly nothing surprises me anymore. but yeah, last night the recall is the first test post 2020 of how this may play out. and i know everybody says california is unique, the recall certainly is unique. i hope we never have another one. but if you look at what happened. out here they're called no party preference voters, but they're independents. about 90% of them, so the exit polls suggest newsom won them over 2-1. they believe they won over republicans in the bay area by over 20% and did very well down south. if you're looking at '22, i think democrats should have a more expansive view of the votes available to them and it's basically the vaccinated. you're not going to get all of them. but when you talk about, hey, you're fishing in a pond of two-thirds as opposed to 54%, 55%, i think you can make progress. and the republicans clearly are going to continue

remember when they tried to buy texaco over a decade ago?nterest to own a major strategic oil company in the united states. we're going to have to ask ourselves the same question. and the chinese, maria, are going to make the argument, hey, hey u.s. government, we're allowing u.s. firms in china, now you got to allow us in the united states and that's the end game, maria. that is the end game by the chinese. maria: yeah, that's the end game and make no mistake, there won't be any debate about having the irs know all about your transactions once the chinese empire is in control. so i wonder how blackrock sees all of that as it funds the ccp's expansion. alex sanchez, great to talk with you as always a. thanks very much for weighing in on these very important topics. we'll see you soon, sir. great break and britney spears' step towards freedom, what you need to know. and how one billionaire says he'll create his very own you'da in the united states and it it has everything to do with wokeness. back in a minute. that's a nice truck. yeah, it's