we looked at muni metro east on some of the new acreage that is undeveloped as of yet. and we look at a tbd green field, acquiring new property, the costs there. supervisor kim: where is the greenfield? >> it is a tbd. if we were to go out and require new real-estate and develop a facility there. it was sort of a control that we were reusing in the study. supervisor chu: out of the nine sites, why would this one b preferred -- be preferred >>? there were 12 criteria that were traded against. this was the lowest capital cost. operating cost, security, proximity to the subway, operating cost. i do not have all of the criteria in front of me but they are in the study that is attached to the item. so in aggregate, this site was a valley with the highest of all of the sites we looked at. the proximity to the headquarters is also a very attractive feature. there is actually a substrate, that goes from one south van ness and 1455 market that we will be utilizing for running communications and wiring. there are a lot of unique features to this site that make it attractive. supe

appellants don't oppose density in an area where you can plan for density, in an area that's vacant or undeveloped, you can design a neighborhood from the ground up to accommodate increased density. but when you take increased density and try to impose it on a neighborhood that already has an acquired character such as a one-level feel, a lot of gardens, instead you have, you want to start putting in in-fill with taller buildings, you're going to create a lot of adverse effects that are visual and mar the quality of the area and it's not necessary to do it. it's different between a residential and a downtown area or a transitional area and every area has to be weighed, is the answer. commissioner wiener: thank you. president chiu: colleagues, any other questions? o.k. seeing none at this time, why don't i ask if there are members of the public that wish to speak in support of the appellant. if you could line up in the center aisle and every member of the public shall have two minutes and i'll ask our clerk if we have any speaker cards. first speaker, please. >> my name is dave bisho, for the last

lloyd: what epa said to us was, "you can have an exemption from filtration "if you keep this undeveloped, "and if you can manage the wastewater so that it does not pollute your water supply." and we feel that we've reached the point where we can really keep it clean enough to drink unfiltered for the indefinite future. and new york city is in a small club of cities that actually have that filtration avoidance waiver. narrator: while municipalities are responsible for maintaining systems and source supply, the standards that protect water are established at the federal level. there are two important pieces of federal legislation that were both enacted in the early to mid-1970s. the first was the clean water act, which acts to protect rivers and lakes, and sources of drinking water. the second was the safe drinking water act, that provides federal standards to assure the safety of the water that we drink. both acts have been amended since they were first adopted, and they're both cornerstones for the water issues that we face in america today. allbee: the clean water act set a floor and ba

if you think of the financial havoc of the world's largest lender has brought the developing and undeveloped countries and their populations i think that's where the bigger scandal may lie joining me from our studio in los angeles to discuss that is nomi prins senior fellow at demos and author of it takes a pillage behind the bonuses bailouts and that room deals from washington to wall street now he thanks so much for joining us tonight now tell me if you think i'm right here right the second that a sex scandal explodes on the media scene everybody immediately starts to recognize that name. or do you think that most americans know who it is or even really what the i.m.f. does in this world. you know i would doubt it i mean you know the sex scandal as the sort of reality t.v.'s about it and he's become the center of attention for that reason but the i.m.f. itself of course you know as you mentioned in the lead up is and has been responsible for a lot of what has been going on with the european bailouts with so strace we've seen across your where people aren't quite happy regular people with t

there is a long lea time in the offshore area where most of the undeveloped places artoday. we're having trouble getting permitting a on the leases that we have, keeping thoeases in active, and when we talk about the opportunity that is there we have to talk about timely issuance of permits so that we can continue to explore. the other is making sure that the continental shelf is fully explored. and you have made estimates that you could create companies twice the size of chevron with the resources that we haven't developed yet. we won't know what we have until we explore those areas. that is the opportunity we are talking about. >> the second question, the public reports, i think a think it was 2010, about 60% of the after-tax profits were invested with stock repurchase or dividends and so forth about 40% would be an investment, i don't know. it seems a lot of that money is going back to shareholders. the money you're making is a stock repurchase. why isn't more of that going into investment? how does the percentage of compare with other industries? >> we earned about $30 b

a lot has been said about undeveloped leases. we made a final investment decision last year. it's a $7.5 million commitment. we made that on the moratorium with the expectation we would get licenses. those leases were issued in the late 1990s, and we didn't know how to explore or develop in that deep water. technology has advanced. we've done exploration work. we've done drilling, and now we've made a decision that will result in production in 2014, 10 there's -- so there's a long lead time in the offshore area which are where most undeveloped leases are today. now, we have trouble getting permitting on the leases that we have which is keeping those leases inactive so when you hear us talking about the opportunity that's there, one is to make sure that we have timely issues of permits on the acreage we have to continue to explore, and the other is making sure the outer continental shelf is fully explored and there's estimates that you could create companies twice the size of chevron with resources we vice president developed yet. we don't know what we have until we explore th

when they raided the apartment, they found an undeveloped roll of film. they got it developed, and this was the picture. if clyde were here now, he's be firing a burst of the automatic rifle, but he'd miss, and kill other innocent spectators. thank god he's not here. [laughter] in this film, there was one picture above all. this is how perfect bonnie and clyde's timing was. there was something newfangled starting called the wire services where a picture could run in a newspaper one day and be in every other newspaper the next. that picture of bonnie with the cigar in her mouth was transmitted nationwide. now, readers may have not done what the term freudian imp my cation meant, but they got it anyway. [laughter] within days, the barrow game had evolved from regional rumor to national icon, and they were embraced. the country loved them. couldn't get enough of them, and the media played to that by publishing all kinds of stories. if they were rumored to be anywhere, that story ran as fact, and on it wentings but not too long. there's a reason for that. in

yesterday congress approved funding to complete the transfer of thousands of acres of undeveloped lando the national park service. it's a rugged area north of half-moon bay. the purchase is excellent news for hikers, mountain bikers and others who just love the outdoors. >>> well, the san jose sharks are facing elimination tonight in game five of the western conference finals. the sharks are down three games to one in their series against the vancouver canucks. sharks' captain joe thornton will play tonight despite his injury in game four. fred is in vancouver with the team. been watching them practice. you can catch his reports later today here on ktvu channel 2. >>> keep your fingers crossed for the sharks. >> yep. >>> time now 6:19. sal's watching your commute and he's smiling too. >> well, you know how one of the congressmen at a common at a timers called out patrick. i thought it was funny. sharks fans know what i'm talking about. go out and take a look at the commute now. golden gate bridge looks okay. you can see traffic is move well coming down to the toll plaza. nice and early

we were stuck in nicaragua, a country with malaria and no hotels, a jumble country, very undeveloped. well, i calculated that it would be cheaper for me to settle with anyone in came back than to hold back the ship and refund the tickets. he said it openly, i did the math. you know, he has created this transit route which helps california, makes everything cheaper, forces the established line to cut their rate, and yet, he was able to create this cut rate line because he had this ferociously hard headed and sometimes totally ruthless business you. his business competition was sort of in a larger sense helping the country. in many specific cases it's hurting a lot of people because that same mindset that says the ship of does not tell them that they will be stranded for a while. >> and your fare in the biography and don't fall into the trap of falling in love with your character. or coming to hit them. by the time i was done with phil sheridan i was having a tough time spending any more time with him. i was happy to kill him. [laughter] but you describe vanderbilt as a predator. when i

there is a long lead time in the offshore area where most of the undeveloped places are today. we're having trouble getting permitting a on the leases that we have, keeping those leases in active, and when we talk about the opportunity that is there, we have to talk about timely issuance of permits so that we can continue to explore. the other is making sure that the continental shelf is fully explored. and you have made estimates that you could create companies twice the size of chevron with the resources that we haven't developed yet. we won't know what we have until we explore those areas. that is the opportunity we are talking about. >> the second question, the public reports, i think, a think it was 2010, about 60% of the after-tax profits were invested with stock repurchase or dividends and so forth, about 40% would be an investment, i don't know. it seems a lot of that money is going back to shareholders. the money you're making is a stock repurchase. why isn't more of that going into investment? how does the percentage of compare with other industries? >> we earned abou

nearly all of the feedstocks were talking about your our undeveloped at this point.s well as the processing. at the being of improvement curve. so if any logic applies here, costs are going to come down dramatically. they already have in the last five years. and as prices come as costs come down, that doesn't necessary mean the price is going to come down. at least at first. somebody will make money on the difference, and there might be some people in this room who want to be part of that. you can't do that today with an integrated oil company. they are too big, too powerful and too fully invested. this is a new start. it's a new opportunity, potentially. >> this is an issue i'm struggling with. we make it a little bang for our buck but not much? have i said this correctly, in terms of economics? >> i think that's the wrong question actually. i mean, what the airlines are seeking an alternative fuel is a competitive put to petroleum-based fuels. why? because we think with environment benefits that can add to the package of measures that we are pursuing, and we think

there is a long lead time in the offshore area where most of the undeveloped places are today. we're having trouble getting permitting a on the leases that we have, keeping those leases in active, and when we talk about the opportunity that is there, we have to talk about timely issuance of permits so that we can continue to explore. the other is making sure that the continental shelf is fully explored. and you have made estimates that you could create companies twice the size of chevron with the resources that we haven't developed yet. we won't know what we have until we explore those areas. that is the opportunity we are talking about. >> the second question, the public reports, i think, a think it was 2010, about 60% of the after-tax profits were invested with stock repurchase or dividends and so forth, about 40% would be annvestment, i don't know. it seems a lot of that money is going back to shareholders. the money you're making is a stock repurchase. why isn't more of that going into investment? how does the percentage of compare with other industries? >> we earned about

but it's also not just new, undeveloped, advancing forms of technology and energy. we need all of the above in a big way. and so let's come together around that commonsense wisdom of the american people who favor all of the above and let's start doing all of the above aggressively. but that surely has to include much more domestic production of energy. open access to all of these vast resources we have. we can do it, we can do it safely, we need to do it to provide some relief to american families. thank you, mr. president. with that, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: ms. landrieu: mr. president? the presiding officer: the senator from louisiana. ms. landrieu: i ask unanimous consent to dispense with the reading of the roll. the presiding officer: without objection. ms. landrieu: thank you, mr. president. i ask consent to speak for up to 15 minutes from time reserved on the majority side on this issue. the presiding officer: without objection. ms. landrieu: thank you, mr. president. this is a very im