of course we had this earthquake in napa, but what is happening now is the united states geological is survey, the maybe federal agency that invest a lot in earthquakes is pointing a finger in the direction of the hayward fault. so if you say the hayward fault, we should feel a little bit embarrassed because we were supposed to finish a project in that area in 2009 and it's already 2014. you know , attorney, you know me for a long time. we need to connect the dots. we have some commissioners here who understand this but this hoodwinking should stop. so now they are appropriating more and more money and god alone knows when we'll finish that project. 2016, 2017, 2018, 2019. and then some of your employees who work for the public utilities commission have the audacity to speak and say don't speak to dr. spanola jackson or frances skoe decost a, if you want to speak to them, run it by us. oh yeah, the way some of these things are tackled is you about -- buffoonery. you better produce. don't you ever say not to talk to the constituents of san francisco because we taxpayers pay our salary.

. >> i worked during the summer vacations on the united states geological survey. i earned most of the money i needed. i went into the mines in grass valley, california. i saw a job and thought my diploma might be of importance and i might get on the staff but that diploma didn't seem to impress anybody. finally, i got to a condition where i took a job under ground in a mine five months or six as a common miner. it was not a bad experience. >> i understand you to say, sir, that you took a job as a common miner? what kind of a mine was this in, sir? >> it was a gold mine. i didn't even have the distinction of a miner. i started loading trucks. i troez that position two or three months later. >> how much time? >> 12 hours a day. i think i got $2. >> on your very first job you learned how to work with your hands, did you? >> well, that wasn't quite the whole story. i worked with my hands when i was a boy. what i really learned at that time was the agony of walking and going from mine to mine looking for a job. >> i take it during that period you were able to lay aside

>> i had work during the summer vacations during my entire time at stanford on the united states geological earned most of the money that i needed. and after having finished that season, not having a job, that's after i graduated, i went into the mines at grass valley in california, being familiar with those mines from previous work i had done for the geological survey. i saw the job and i thought my diploma might be of importance and i might even get on the staff of some mine. but that diploma didn't seem to impress anybody. and finally i got to a position where i took a job in the mine as a common miner and it was not a bad experience. >> i understand you to say, sir, that you took a job as a common miner? >> yeah, sure. >> what kind of mine was this in, sir? >> it was a gold mine. i didn't even have the distinction of being a miner. i was -- started by loading trucks. a miner is a fellow who ran a drill, and i rose to that position some two or three months later. >> how many hours did you work? >> the regulation hours at that time was 10 hours a day and six days a week. >> do you remembe

. >> well, sue, the united states geological survey says when it does come to economic losses, it's tagging the napa earthquake with a red alert. according to the usga's website it suggests to $10 billion, but equicat puts it half a billion to a billion. we know for sure it's a fluid situation, and the numbers will be changing, as the interruptions to businesses are understood. still, this could make it the third or fourth most expensive in terms of insured losses. the last quake to hit that region was back in 199. while the usgs says the there are plenty of vulnerable structures there. adding disruption to the tourism industries and the wineries, and those losses are likely to mount. while california is home to two thirds of the -- and 2,000 known fault lines, only 12% of the state's homeowners actually carry earthquake insurance. the percentage in napa even lower, according to the insurance information institute. cost and high deductibles are a high reason that homeowners opt out for covering their homes. and it only covers the structural damage, any fires or disruptions, gas pipes, shoul

. >> brad is on the phone from the united states geological survey, and brad, we're going to keep getting new information as the morning progresses. is there anything new to report over the past hour aside from what we already know about this magnitude 6.0 quake and a second question for you. does anything about this earthquake, its location, does it surprise you at all? >> this earthquake occurred in a location of known fault. so a magnitude 6 earthquake happens in any of these areas where we have mapped faults. this particular earthquake occurred near the west napa fault. but until we have more data, we won't be able to precisely say on which fault it occurred. there are other faults in the area. we had over 30 aftershocks greater than a 1. the largest was a 3.6. most all the others have been in the 1 to 2 range. some will have been felt, but most of those will not be felt when they are in the magnitude 1 range. >> brad, tell us more about aftershocks we can expect over the next several days. there is the possibility of a 5.0 as an aftershock. >> that's right. when you have a magnitude

that are currently frakt and horizontally drilled in in various geologic formations in the united states we looked at the location of each well the initial production rate the evolution of production over time what we found is that within each of these geologic formations there is a small core area. you could call it a sweet spot where initial production is fairly prolific and it continues for a while outside of those sweet spots initial production rates are much lower and production declines very rapidly actually for all shale gas production tends to decline much more rapidly than for conventional natural gas so we're talking about a decline in production of maybe seventy percent or more in the first year so that means companies that drill for shale gas have to drill and drill and drill in order just to keep production flat in many ways this is almost like a real estate bubble a sort of pump and dump scheme it sort of goes like this first you borrow some money go out and purchase thousands of acres of drilling leases and borrow some more money and go in and drill a bunch of wells and. p

geologically it cannot. the rockets there. it is just an issue of incentive. communities are reluctant. and certainly it helped in the united states that they were getting paychecks. >> anyone in here from louis energy? we have our own billionaire here in san antonio, rob lewis. my understanding is they are already at work south of the border on spots. it is coming. a lot of people and san antonio are wondering how it will change the economy. we have a question back here i think you can just stay there for a minute. we have several people that want to ask questions. >> hello. can you speak a little bit or talk a little bit about what you know about the department of energy and the role that they plan this and can you speak a little bit to the fact of how many of their sites have later become superfund sites? >> well, as far as i no there are no sites associated with fracking itself so let me approach this in two ways. the department of energy back in the 1970's funded a lot of the basic work that eventually became fracking in the ability to drill a well, go straight down and then turn hours of elite. that was funded by a lot of pu

geologically it cannot. the rockets there. it is just an issue of incentive. communities are reluctant. and certainly it helped in the united states that they were getting paychecks. >> anyone in here from louis energy? we have our own billionaire here in san antonio, rob lewis. my understanding is they are already at work south of the border on spots. it is coming. a lot of people and san antonio are wondering how it will change the economy. we have a question back here i think you can just stay there for a minute. we have several people that want to ask questions. >> hello. can you speak a little bit or talk a little bit about what you know about the department of energy and the role that they plan this and can you speak a little bit to the fact of how many of their sites have later become superfund sites? >> well, as far as i no there are no sites associated with fracking itself so let me approach this in two ways. the department of energy back in the 1970's funded a lot of the basic work that eventually became fracking in the ability to drill a well, go straight down and then turn hours of elite. that was funded by a lot of pu

geologically it cannot. the rockets there. it is just an issue of incentive. communities are reluctant. and certainly it helped in the united states that they were getting paychecks. >> anyone in here from louis energy? we have our own billionaire here in san antonio, rob lewis. my understanding is they are already at work south of the border on spots. it is coming. a lot of people and san antonio are wondering how it will change the economy. we have a question back here i think you can just stay there for a minute. we have several people that want to ask questions. >> hello. can you speak a little bit or talk a little bit about what you know about the department of energy and the role that they plan this and can you speak a little bit to the fact of how many of their sites have later become superfund sites? >> well, as far as i no there are no sites associated with fracking itself so let me approach this in two ways. the department of energy back in the 1970's funded a lot of the basic work that eventually became fracking in the ability to drill a well, go straight down and then turn hours of elite. that was funded by a lot of pu