Pumping Everything News Today

are struggling around the globe and russia is already getting a billion dollars every few days in oil and gas revenues, why did opec slash production? >> everything has a price. >> we will explain. but first, heres my take. one of the few issues on which there is a consensus in washington, d.c. is that american policy toward china was built on an intellectual tariff. liberals and conservatives both believe that beijings embrace of free markets and integration with the global market w...

the verge of another revolution in iran? the images of mostly young people rising up against the regime have captivated all of us. i will talk to an iranian writer who explains what the protestors want. and at a time when economies are struggling around the globe and russia is already getting a billion dollars every few days in oil and gas revenues, why did opec slash production? >> everything has a price. energy security has a price. >> we will explain. but first, heres my take. o...

I talked to oil companies, they say were pumping everything we can. >> oil glad you asked that question, because last week, i have been in the midwest with several oil producers, ceos of large and medium size oil companies and independents. the most worrying thing i found out is the best quality of areas where u.s. production was taking place, the producers have pretty much depleted that outside of the permian basin, which is in texas and around that region. outside of that, we have maxed out. >...

Its taken the u.s. well over three, four decades to fill that oil. so that is a dangerous move to run it down before you actually might need it. but yes, that is an option. what could work is actually limiting diesel and gasoline exports. thats something that has been talked about by the department of energy and white house. so that could be in the cards. >> what about increasing supply? a lot of the conservative critics of biden, "the wall street journal" editorial page goes on about how you co...

Governor, stranded riders who didnt know it was shut down for hours. this is a subway system in new york. it is terrifying. and it wasnt just the record rainfall that is causing problems all throughout the region. as i mentioned new jersey, were talking tornados destroying homes. it is enormous tornados causing extensive damage in parts of new jersey. coming up this hour, president biden will be addressing the nation in really we expect now just minutes about everything that has played out in te...

The subways. they shut them down, they are trapped underground. that is not an option. but i want to assess why we dont stop new passengers from going down the stairs into them. it is about evacuation, not bringing new people into the system at the time. and your first question was? >> [ inaudible question ]. >> there were storm warnings, tornado warnings throughout the evening. but i will see whether or not more could have been done. that is a good question. >> governor, two questions. can you ...

And really get some relief for our residents. you know, many of our residents have suffered through this for years. and they have kind of a ptsd every time they get intense rain and they get up set and anxious. i dont blame them. a lot of people lost everything they have. and it is the people with the least resiliency who lost the most. so we owe to our residents an our community to get help from the federal government to fix this problem. >> i have to say, its really striking to hear that youve...

[ inaudible ]. it happened so fast. we have no time to react or salvage what we can. we lost a total of three cars. one was parked in the garage and two outside. so sentimental items in our garages totally gone. and ill show you images in our garage right now. and i dont know if you could see, these are bins that were up against the wall at one point. all toppled over. one of our classic cars that we had in here, the water damage is just unbelievable. water was litly over one foot high at some p...

And it is not something where everything is wonderful in 48 hours. and we heard neighbors in new york city, talking about we always flood. they are lie-lowing areas and they havent been taking care of so they always flood. they spent $2 billion to fix it and it is still not perfect. so there is a lot of work to be done and a lot of time and patience and people dont have the patience that they should have. because a lot of these things are not somebodys fault. a lot of them are just things that h...

What is the situation in your town right now. >> the floods that we had last night was the most intense and most extensive that weve had in any ones memory. ive been an elected official for 21 years and this dwarfed anything that weve experienced and weve experienced a lot of flooding over the years. our emergency services have been hundreds of rescues. the rescues still continue. people are still trapped in their home. we have called in mutual aid from other communities. and youve asked new yor...