20 Burst results for "Chevron Phillips"

"chevron phillips" Discussed on KTRH

KTRH

02:35 min | 5 months ago

"chevron phillips" Discussed on KTRH

"What I think. By the way. It's probably that would probably be the top choice if they were to pull them 5 40 time for traffic and weather together. Here comes Jimmy. Okay, tell me. What an A whack Texas is known for. Anna whacked Texas. Uh um, I I'm going to fail miserably at this question. It's very swampy. Oh, gators. Yes, you win. That's right, Anna. Whack Tech. You know, I'm just taking this ride out Way east and beautiful. Anahuac, Texas, home of Gator Fist. I hope they have it again this year from 5 63. We look good crossing. The Trinity River Bridge and overall old and lost River. That's a really cool bridge. They're passing Mont Belvieu. Nothing going on there past the Chevron Phillips plant and we are looking dandy on I 10 from the Beltway in We're just looking at 19 minutes now from the belt into high 45 tins, looking good. The other side of tenure Katy Freeway, no advisers, yet Brookshire into the president's head wide open. We're full speed. Sky Mike and the Gulf Coast windows dot com. 24 hour traffic center There comes before casting only a gator Could love Ktrh, John More services 24. Our Weather Center forecast Steri Smith war. Rain in the Forecast caters and ducks. Uh huh. And I'll go with the ducks. Uh, yeah, There's not a lot of change today. There is a slow change of foot, but it probably will be happening at such a slow rate. You might not even notice it. Um, So there's this area of low pressure down over South Texas that has been of funneling in all this rain and we've got another day like that today with a 90% chance. Showers and some storms at some point over the course of the day today and we could get some very heavy rains with some of those storms. It's keeping our temperatures down in the low eighties. Today we'll continue with the rain overnight tomorrow. More showers and storms. I'm thinking about a 60% chance of rain. Will be in the low to mid eighties. That low pressure system does move West and as it does, so, it kind of takes the focus off of us so we'll have right over the weekend. But just not as much. A 50% chance of thunder showers Saturday a 30% chance on Sunday Monday right now looks like chants. Rain goes up 50% Chance of more thunderstorms Monday right now 75 your officials Severe weather station NewsRadio, 7 40 ktrh. Your drive. Updated every 10 minutes on the tense arrive with Houston's Morning news. I want to introduce you the Thundercats Technology Thunder Cat Technology as a premier provider.

90% Anna Jimmy Mont Belvieu 19 minutes 50% South Texas Today 30% Saturday Monday 75 Trinity River Bridge Anahuac 60% tomorrow 7 40 ktrh today Gator Fist Katy Freeway
"chevron phillips" Discussed on KQED Radio

KQED Radio

04:09 min | 11 months ago

"chevron phillips" Discussed on KQED Radio

"Why spend tens of millions of dollars telling people to recycle plastic when they knew recycling plastic wasn't going to work? And that's when he said it the point of the whole thing. It's a public thanks. The recycling is working. Then they're not gonna be as concerned about the environment and if they're not concerned about the environment They'll keep buying plastic. It wasn't just Larry and Lou, who said this, I spoke to half a dozen top guys involved in the industry at the time, who all said Ah plan was unfolding. And it went beyond adds thean Destry funded recycling projects in local neighborhoods, expensive sorting machines that didn't make any economic sense School recycling contest. All of this was done with great fanfare. Except I decided to go track down almost a dozen of the industry's biggest projects like the one where they were going to recycle plastic and national parks or the one that was going to recycle all the plastic and school lunches in New York. They all failed and disappeared quietly. But there was one more part of this campaign. The final piece that did stick around. That recycling symbol with numbers in the middle. This symbol has created so much confusion about what is and is not recyclable, and the plan to stamp it on every plastic item popped up a lot in the documents. I learned of a quiet campaign to lobby almost 40 states to require that every single plastic item have this symbol stamped on it. Even if there was no way to economically recycle it. I should note that some environmentalists also supported the symbol thinking would help separate and sort plastic, but the industry knew the truth. These symbols were causing problems. One report told executives in July 1993 that the symbol is being misused. It's creating quote, unrealistic expectations about what plastic people can recycle. It's being used as a green marketing tool. The executives decided to keep the symbol anyway. Did reach out to plastic industry folks, And they said that the symbols were on Lee meant to help sort plastic and that they were not intended to confuse people. But the symbol in the ads and the projects. All of this basically convinced people, Larry says, the idea that the vast majority of plastic could be recycled was sinking in welcome, always say that After a while the atmosphere seemed to change. I don't know whether it was because people Out, the recycling has solved the problem. Well that they were just so in love with plastic products. That they were willing to overlook the environmental concerns that we're we're mounting up. It's been 30 years now, since most of those plans have been put into place, and the public's feelings about plastic have started to shift again. People are reading stories about oceans choked with plastic trash and trace amounts of this stuff inside our bodies, and once again, people are wanting to ban plastic and the survival of the oil companies is at stake. If ever there was a sign of the future. It's a brand new chemical plant rising from the flat skyline outside Sweeny, Texas. Don't recycle plastic here. They make new plastic. This one plan alone is Chevron Philip $6 billion bet on the future of plastic. Inside the steel still shining in the concrete floors are free from stains. I walked past the railcars and the overflow ponds to a pristine new warehouse to meet Jim Becker. Chevron Phillips, vice president of sustainability, and he's feeling good way see a very bright future for for our products were very optimistic on Future growth. Plastic production is expected to triple by 2050. I told Jim that's a lot of plastic trash, and Jim nods because his job is to solve the plastic trash problem. And he says they've got a plan. Jim says Chevron Phillips will recycle all the plastic they make by 2040 all the plastic they make..

Jim Becker Chevron Phillips Larry Chevron Philip thean Destry Sweeny sense School New York vice president Texas Lee Lou
"chevron phillips" Discussed on KCRW

KCRW

03:48 min | 1 year ago

"chevron phillips" Discussed on KCRW

"How they say they've done it. Thanks again for signing on Operation Clean Sweep Operation Clean Sweep is a voluntary program the industry came up with in 1991. Companies that joined watch videos and promised to keep pellets from spilling from plant truck ships and rail cars. There's no data required. No numbers, nothing public. The operation Clean sweep is truly making a difference. Together, we can achieve zero pellet flake and proud of us. The industry says it's been a success. Pellet containment is incredibly important to our members. Steve Russell was until recently the vice president of plastics for the American Chemistry Council, which jointly runs the program, Nobody wants plastic in the environment. And if it still happens, and if we're gonna assume it's an accidental release, then it will be reported and remediation steps could be taken. Formosa is an operation Clean sweep member. So I asked to former workers and Ronnie Hambrick about it. I have no idea what she even talking about. I've never heard it. There's evidence the industry does, in fact, have a pellet problem. Recent spills on beaches in Louisiana in South Carolina and studies show pellets are contaminating oceans, killing birds and fish and carrying toxins through rivers. There's also evidence the industry has known about this problem all along. In 2005, the industry participated in a study of 10 pellet plants. It found pellets washed away in heavy rain at every single facility and called Operation Clean Sweep inadequate. But even long before that, there's a memo buried inside thousands of documents left over from old industry lawsuit. It was written in March 1991. The industry's trade association, warrants top executives from Exxon, Chevron, Dow, DuPont and others. That the EPA had recently found pellets to be quote ubiquitous in the environment, regulation and permits are likely coming, the memo says. Unless they act quickly, it may still be possible to institute voluntary programs to address the pellet issue, it says. Unless this occurs, it is likely EPA will act independently. Then, just four months later, we developed a program that was called Operation Clean Sweep. Lou Freeman was a vice president at the time for the trade association, then called the Society of the Plastics industry. I don't recall any discussions. About quantitatively measuring the success of the program. It was being measured really about who is participating that what the results were, so it was a voluntary program without any metrics. Yeah, I would like to think that they were also doing it because it was the right thing to do. But it also be naive if I didn't think that much of the motivation was was governed by, you know, Keeping the regulators off our back today. The EPA doesn't regulate pellets and in the almost 30 years since, the agency told NPR it has brought just 10 Clean Water Act enforcement cases against facilities accused of spilling pellets. How would anyone really know if pellets were leaking? If you head down to the Gulf of Mexico pellet manufacturers like Chevron Phillips say they're not. I can tell you that. It's not a problem here at Chevron Phillips, we have almost no Let's leaving our sights. Jim Bakker is the vice president of sustainability for Chevron Phillips. He met me in a warehouse after plant officials showed me pawns and drains, they said, catch all of the pellets. You. You've heard a little bit about Operation Clean sweep. We've been practicing that since the company was formed. How do you know that? That you've.

Chevron Phillips EPA vice president Formosa vice president of plastics Jim Bakker Chevron Ronnie Hambrick Society of the Plastics indust Steve Russell Lou Freeman American Chemistry Council Exxon Mexico Louisiana South Carolina DuPont NPR
"chevron phillips" Discussed on KQED Radio

KQED Radio

03:44 min | 1 year ago

"chevron phillips" Discussed on KQED Radio

"Program. The industry came up with in 1991 Cos. That joined watch videos and promised to keep pellets from spilling her plants, trucks, ships and rail cars. There's no data required. No numbers, nothing public. The operation Clean sweep is truly making a difference. Together. We can achieve zero pellet flake and proud of us. Theo industry says it's been a success. Pellet containment is incredibly important to our members. Steve Russell was until recently the vice president of plastics for the American Chemistry Council, which jointly runs the program. Nobody wants plastic in the environment and If it still happens, and if we're gonna assume it's an accidental release, then it will be reported and remediation steps could be taken. Formosa is an operation Clean sweep member. So I asked to former workers and Ronnie Hamrick about it. I have no idea what she even talking about. I've never heard it. There's evidence the industry does, in fact, have a pellet problem. Recent spills on beaches in Louisiana in South Carolina and studies show pellets are contaminating oceans, killing birds and fish and carrying toxins through rivers. There's also evidence the industry has known about this problem all along. In 2005, the industry participated in a study of 10 pellet plants. It found pellets washed away in heavy rain at every single facility. And called Operation Clean Sweep inadequate. But even long before that, there's a memo buried inside thousands of documents left over from old industry lawsuit. It was written in March. 1991, the industry's trade association, warns top executives from Exxon, Chevron, Dow, DuPont and others. But the EPA had recently found pellets to be quote ubiquitous in the environment. Regulation and permits are likely coming, the memo says. Unless they act quickly, it may still be possible to institute voluntary programs to address the pellet issue, it says. Unless this occurs, it is likely EPA will act independently. Then, just four months later, we developed a program that it was called Operation Clean Sweep. Lou Freeman was a vice president at the time for the trade association, then called the Society of the Plastics industry. I don't recall any discussions. But quantitatively measuring the success of the program. It was being measured really about who is participating that what the results were, so it was a voluntary program without any metrics. Yeah, I would like to think that they were also doing it because it was the right thing to do. But I'd also be naive if I didn't think that much of the motivation was was governed by, you know. Keeping the regulators off our back today. The EPA doesn't regulate pallets and in the almost 30 years since, the agency told NPR it has brought just 10 Clean Water Act enforcement cases against facilities accused of spilling pellets. How would anyone really know if pellets were leaking? If you head down to the Gulf of Mexico pellet manufacturers like Chevron Phillips say they're not. I can tell you that. It's not a problem here at Chevron Phillips, we have almost no pallets, leaving our sights. Jim Becker is the vice president of sustainability for Chevron Phillips. He met me in a warehouse after plant officials showed me ponds and drains, they said, catch all of the pellets. You. You've heard a little bit about Operation Clean sweep. We've been practicing that since the company was formed. How do you know that? That you had almost no hell,.

Theo industry Chevron Phillips EPA vice president Formosa vice president of plastics Society of the Plastics indust Chevron Ronnie Hamrick Steve Russell Jim Becker Lou Freeman American Chemistry Council Mexico Exxon Louisiana South Carolina DuPont NPR
"chevron phillips" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:49 min | 1 year ago

"chevron phillips" Discussed on WNYC 93.9 FM

"Again for signing on the operation Clean Sweep Operation Clean Sweep is a voluntary program the industry came up with in 1991. Companies that joined watch videos and promised to keep pellets from spilling from plant truck ships and rail cars. There's no data required. No numbers, nothing public. The operation Clean sweep is truly making a difference. Together, we can achieve zero pellet flake and proud of us. The industry says it's been a success. Pellet containment is incredibly important to our members. Steve Russell was until recently the vice president of plastics for the American Chemistry Council, which jointly runs the program, Nobody wants plastic in the environment. And if it still happens, and if we're gonna assume it's an accidental release, then it will be reported and remediation steps could be taken. Formosa is an operation Clean sweep member. So I asked to former workers and Ronnie Hamrick about it. I have no idea what you're even talking about. I've never heard it. There's evidence the industry does, in fact, have a pellet problem. Recent spills on beaches in Louisiana in South Carolina and studies show pellets are contaminating oceans, killing birds and fish and carrying toxins through rivers. There's also evidence the industry has known about this problem all along. In 2005, the industry participated in a study of 10 pellet plants. It found pellets washed away in heavy rain at every single facility and called Operation Clean sweep. Inadequate. But even long before that, there's a memo buried inside thousands of documents left over from old industry lawsuits. It was written in March. 1991 Thean Mysteries Trade Association warns top executives from Exxon, Chevron, Dow DuPont and others. But the EPA have recently found pellets to be quote ubiquitous in the environment. Regulation and permits are likely coming, the memo says. Unless they act quickly, it may still be possible to institute voluntary programs to address the pellet issue, it says. Unless this occurs, it is likely EPA will act independently. Then, just four months later, we developed a program that was called Operation Clean Sweep. Lou Freeman was a vice president at the time for the trade association, then called the Society of the Plastics industry. I don't recall any discussions. But quantitatively measuring the success of the program. It was being measured really about who is participating that what the results were, so it was a voluntary program without any metrics. Yeah, I would like to think that they were also doing it because it was the right thing to do. But I'd also be naive if I didn't think that much of the motivation was was governed by, you know. Keeping the regulators off our back today. The EPA doesn't regulate pellets and in the almost 30 years since, the agency told NPR it has brought just 10 Clean Water Act enforcement cases against facilities accused of spilling pellets. How would anyone really know if pellets were leaking? If you head down to the Gulf of Mexico pellet manufacturers like Chevron Phillips say they're not. I can tell you that. It's not a problem here at Chevron Phillips, we have almost no Let's leaving our sights. Jim Bakker is the vice president of sustainability for Chevron Phillips. He met me in a warehouse after plant officials showed me pawns and drains, they said, catch all of the pellets. You've heard a little bit about Operation Clean sweep. We've been practicing that since the company was formed. How do you know that? That you had almost no Hell,.

Chevron Phillips EPA vice president Thean Mysteries Trade Associat vice president of plastics Jim Bakker Formosa Chevron Ronnie Hamrick Steve Russell Society of the Plastics indust Lou Freeman American Chemistry Council Mexico Exxon Louisiana South Carolina Dow DuPont NPR
"chevron phillips" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

05:59 min | 1 year ago

"chevron phillips" Discussed on WNYC 93.9 FM

"Plastic pellets have been spilling into oceans and rivers. The world over where birds and fish eat them. They are the building blocks of all plastic melts 350 of them. You get a yogurt cup 1000 gets you a water bottle. But an NPR and PBS frontline investigation found the oil and plastic industry has long known there an environmental problem. NPR's Laura Sullivan brings us this story about how the oil in plastic industry evaded regulation. Despite decades of spills. You probably haven't spent a lot of time standing on train tracks looking at your feet. We're looking at the edge of a highway outside of plastic manufacturer. If you did, there's a good chance you'll see them little plastic pellets. This is Kocsis Creek, and we're looking at fresh pellets. It has fallen out of the Terps. Ronnie hammering is standing on state Road 35 in Southeast Texas, rising four square miles. Behind him is the petrochemical plant, Formosa Plastics. And they're not just here. There over there. They're important Lakha. You're gonna find him down the road Hand looks not an anti plastic environmentalist. He's a former supervisor who worked to Formosa for 25 years, And while he worked there, he says he was told to cover up spills of classic pallets. I want you to put down a certain number. You know what I'm saying? They want to keep it love. So So you line so would you like That's my job. That's my bread and butter, so I got to do what they think. I got a family. What's striking about standing outside Formosa and finding pellets? 100 yards from the plant's edge is that last year for most agreed to pay $50 million to settle a lawsuit in which it agreed to zero discharge of pellets. And yet, here they are and down in the creek, where the plant drains thousands more. Ah federal judge called Formosa, a serial offender for most of says it's working to improve its containment systems. But Formosa is just one of thousands of companies that either make or use plastic pellets in the United States. The oil and plastic industry says it doesn't have a problem, Officials told me for most of it was simply a quote bad actor, while leading companies like Exxon and Chevron recently told shareholders that at their dozens of facilities worldwide Either lose, not a single pellet or just two sandwich bags full. And here's how they say they've done it. Thanks again for signing on the operation Clean Sweep Operation Clean Sweep is a voluntary program the industry came up with in 1991. Companies that joined watch videos and promised to keep pellets from spilling from plant truck ships and rail cars. There's no data required. No numbers, nothing public. The operation Clean sweep is truly making a difference. Together, we can achieve zero pellet flake and proud of us. The industry says it's been a success. Pellet containment is incredibly important to our members. Steve Russell was until recently the vice president of plastics for the American Chemistry Council, which jointly runs the program, Nobody wants plastic in the environment. And if it still happens, and if we're gonna assume it's an accidental release, then it will be reported and remediation steps could be taken. Formosa is an operation Clean sweep member. So I asked to former workers and Ronnie Hamrick about it. I have no idea what you're even talking about. I've never heard it. There's evidence the industry does, in fact, have a pellet problem. Recent spills on beaches in Louisiana in South Carolina and studies show pellets are contaminating oceans, killing birds and fish and carrying toxins through rivers. There's also evidence the industry has known about this problem all along. In 2005, the industry participated in a study of 10 pellet plants. It found pellets washed away in heavy rain at every single facility and called Operation Clean sweep. Inadequate. But even long before that, there's a memo buried inside thousands of documents left over from old industry lawsuits. It was written in March. 1991 Thean Mysteries Trade Association warns top executives from Exxon, Chevron, Dow DuPont and others. But the EPA have recently found pellets to be quote ubiquitous in the environment. Regulation and permits are likely coming, the memo says. Unless they act quickly, it may still be possible to institute voluntary programs to address the pellet issue, it says. Unless this occurs, it is likely EPA will act independently. Then, just four months later, we developed a program that was called Operation Clean Sweep. Lou Freeman was a vice president at the time for the trade association, then called the Society of the Plastics industry. I don't recall any discussions. But quantitatively measuring the success of the program. It was being measured really about who is participating that what the results were, so it was a voluntary program without any metrics. Yeah, I would like to think that they were also doing it because it was the right thing to do. But I'd also be naive if I didn't think that much of the motivation was was governed by, you know. Keeping the regulators off our back today. The EPA doesn't regulate pellets and in the almost 30 years since, the agency told NPR it has brought just 10 Clean Water Act enforcement cases against facilities accused of spilling pellets. How would anyone really know if pellets were leaking? If you head down to the Gulf of Mexico pellet manufacturers like Chevron Phillips say they're not. I can tell you that. It's not a problem here at Chevron Phillips, we have almost no Let's leaving our sights. Jim Bakker is the

NPR Ari Shapiro Mary Louise Kelly Ronnie hammering Kocsis Creek Laura Sullivan Terps
Big Oil Evaded Regulation And Plastic Pellets Kept Spilling

All Things Considered

05:59 min | 1 year ago

Big Oil Evaded Regulation And Plastic Pellets Kept Spilling

"Plastic pellets have been spilling into oceans and rivers. The world over where birds and fish eat them. They are the building blocks of all plastic melts 350 of them. You get a yogurt cup 1000 gets you a water bottle. But an NPR and PBS frontline investigation found the oil and plastic industry has long known there an environmental problem. NPR's Laura Sullivan brings us this story about how the oil in plastic industry evaded regulation. Despite decades of spills. You probably haven't spent a lot of time standing on train tracks looking at your feet. We're looking at the edge of a highway outside of plastic manufacturer. If you did, there's a good chance you'll see them little plastic pellets. This is Kocsis Creek, and we're looking at fresh pellets. It has fallen out of the Terps. Ronnie hammering is standing on state Road 35 in Southeast Texas, rising four square miles. Behind him is the petrochemical plant, Formosa Plastics. And they're not just here. There over there. They're important Lakha. You're gonna find him down the road Hand looks not an anti plastic environmentalist. He's a former supervisor who worked to Formosa for 25 years, And while he worked there, he says he was told to cover up spills of classic pallets. I want you to put down a certain number. You know what I'm saying? They want to keep it love. So So you line so would you like That's my job. That's my bread and butter, so I got to do what they think. I got a family. What's striking about standing outside Formosa and finding pellets? 100 yards from the plant's edge is that last year for most agreed to pay $50 million to settle a lawsuit in which it agreed to zero discharge of pellets. And yet, here they are and down in the creek, where the plant drains thousands more. Ah federal judge called Formosa, a serial offender for most of says it's working to improve its containment systems. But Formosa is just one of thousands of companies that either make or use plastic pellets in the United States. The oil and plastic industry says it doesn't have a problem, Officials told me for most of it was simply a quote bad actor, while leading companies like Exxon and Chevron recently told shareholders that at their dozens of facilities worldwide Either lose, not a single pellet or just two sandwich bags full. And here's how they say they've done it. Thanks again for signing on the operation Clean Sweep Operation Clean Sweep is a voluntary program the industry came up with in 1991. Companies that joined watch videos and promised to keep pellets from spilling from plant truck ships and rail cars. There's no data required. No numbers, nothing public. The operation Clean sweep is truly making a difference. Together, we can achieve zero pellet flake and proud of us. The industry says it's been a success. Pellet containment is incredibly important to our members. Steve Russell was until recently the vice president of plastics for the American Chemistry Council, which jointly runs the program, Nobody wants plastic in the environment. And if it still happens, and if we're gonna assume it's an accidental release, then it will be reported and remediation steps could be taken. Formosa is an operation Clean sweep member. So I asked to former workers and Ronnie Hamrick about it. I have no idea what you're even talking about. I've never heard it. There's evidence the industry does, in fact, have a pellet problem. Recent spills on beaches in Louisiana in South Carolina and studies show pellets are contaminating oceans, killing birds and fish and carrying toxins through rivers. There's also evidence the industry has known about this problem all along. In 2005, the industry participated in a study of 10 pellet plants. It found pellets washed away in heavy rain at every single facility and called Operation Clean sweep. Inadequate. But even long before that, there's a memo buried inside thousands of documents left over from old industry lawsuits. It was written in March. 1991 Thean Mysteries Trade Association warns top executives from Exxon, Chevron, Dow DuPont and others. But the EPA have recently found pellets to be quote ubiquitous in the environment. Regulation and permits are likely coming, the memo says. Unless they act quickly, it may still be possible to institute voluntary programs to address the pellet issue, it says. Unless this occurs, it is likely EPA will act independently. Then, just four months later, we developed a program that was called Operation Clean Sweep. Lou Freeman was a vice president at the time for the trade association, then called the Society of the Plastics industry. I don't recall any discussions. But quantitatively measuring the success of the program. It was being measured really about who is participating that what the results were, so it was a voluntary program without any metrics. Yeah, I would like to think that they were also doing it because it was the right thing to do. But I'd also be naive if I didn't think that much of the motivation was was governed by, you know. Keeping the regulators off our back today. The EPA doesn't regulate pellets and in the almost 30 years since, the agency told NPR it has brought just 10 Clean Water Act enforcement cases against facilities accused of spilling pellets. How would anyone really know if pellets were leaking? If you head down to the Gulf of Mexico pellet manufacturers like Chevron Phillips say they're not. I can tell you that. It's not a problem here at Chevron Phillips, we have almost no Let's leaving our sights. Jim Bakker is the

Formosa Laura Sullivan NPR Kocsis Creek Formosa Plastics Lakha Terps Exxon PBS Chevron Ronnie Hamrick Ronnie Steve Russell American Chemistry Council Thean Mysteries Trade Associat Dow Dupont
Big Oil Evaded Regulation And Plastic Pellets Kept Spilling

Environment: NPR

08:11 min | 1 year ago

Big Oil Evaded Regulation And Plastic Pellets Kept Spilling

"Of tiny plastic pellets have been spilling into oceans and rivers the world over where birds and fish eat them. They are the building blocks of all plastic melts. Three hundred fifty of them. You get a yogurt cup thousand. Get you a water bottle. But an npr pbs frontline investigation found. The oil and plastic industry has long known there an environmental problem. Npr's laura sullivan brings us this story. About how the oil and plastic industry evaded regulation despite decades spills. You probably haven't spent a lot of time standing on train tracks looking at your feet or looking at the edge of a highway outside a plastic manufacturer. But if you did. There's a good chance you'll see them little plastic pellets. This is kocsis creek. In looking at fresh pellets that has fallen out of the turks. Ronnie hammer is standing on state road. Thirty five in southeast texas rising four square miles behind him as the petrochemical plant formosa plastics. There're not just here. They're over there. They're in portable alaka. You're gonna find them down the road not an anti plastic environmentalist. He's a former supervisor. Who worked at formosa for twenty five years. And while he worked there he says he was told to cover up spills of plastic pellets. I won't do to put down the phone number. You know what i'm saying. They want to keep it low. So so you lie. That's my job. This britain butter so i got to do what they say. You got a family. What's striking about standing outside formosa and finding pellets. A hundred yards from the plants edge. Is that last year. Formosa agreed to pay fifty million dollars to settle a lawsuit in which it agreed to zero discharge of pellets. And yet here they are and down in the creek where the plant drains thousands more a federal judge called formosa a serial offender. Formosa says it's working to improve its containment systems but formosa is just one of thousands of companies that either make or use plastic pellets in the united states. The oil and plastic industry says it doesn't have a problem. Officials told me formosa was simply a quote bad actor while leading companies like exxon and chevron recently told shareholders that their dozens of facilities worldwide the either lose not a single pellet or just to sandwich bags full. And here's how they say they've done thanks again for signing onto operation operation. Clean sweep is a voluntary program. The industry came up with in nineteen ninety-one companies that join watch videos and promised to keep pellets from spilling plants trucks ships and railcars. There's no data required no numbers nothing public. The operation clean sweep is truly making a difference together. We can achieve zero pellet flake and powder the industry says it's been a success. Pellet containment is incredibly important to our members. Steve russell was until recently the vice president of plastics. For the american chemistry council jointly runs the program. Nobody wants plastic in the environment. And if a spill happens and if we're gonna assume it's an accidental release then it will be reported and remediation steps can be taken for most. Isn't clean sweep member. So i asked to former workers an ronnie hammer about it. I have no idea what jeevan talking about. I've never heard of. There's evidence the industry does in fact have appellate problem recent spills on beaches in louisiana and south carolina and studies show pellets are contaminating killing birds and fish and carrying toxins through rivers. There's no evidence. The industry has known about this problem. All along in two thousand five industry participated in a study of ten pellet plance it found pellet washed away in heavy rain at every single facility and called operation clean sweep inadequate but even long before that there's a memo buried inside thousands of documents. Leftover from old industry lawsuits. It was written in march. Nineteen ninety-one the industry's trade association warns top executives from chevron dow dupont and others that the epa had recently found pellets to be quote ubiquitous in the environment regulation. Permits are likely coming. The memo says unless act quickly it may still be possible to institute voluntary programs to address the pellet issue it says unless this occurs. It is likely. Epa will act independently then just four months later. We developed a program that was called operation. Clean sweep lou. Freeman was a vice president at the time for the trade association then called the society of the plastics industry. I don't recall any discussions about quantitatively measuring the success of the program. It was being measured really about who is participating not what the results were. So is a voluntary program. Yes without any metrics. Yeah i would like to think that they were also doing it because it was the right thing to do. But it also be naive. If i didn't think that much of the motivation was was governed by keeping the regulators offer back today the epa doesn't regulate pellets and in the almost thirty years since the agency told npr. It has brought just ten clean water act enforcement cases against facilities accused of spilling pellets. But how would anyone really know if pellets wurley if you head down to the gulf of mexico pellet manufacturers like chevron phillips say they're not I can tell you that it's not a problem here. At chevron phillips we have almost no kellett's leaving our sites. Jim becker is the vice president of sustainability for chevron phillips he met me in a warehouse after plant officials showed me ponds and drains. They said catch all the pellets. You've heard a little bit about operation. Clean sweep we've been practicing that Since the company was formed having no that that you had almost no hell it's leaving your site. I feel i feel confident. We have multiple layers of protection to prevent that without any data. It's hard to know. But then you could go look hacksaw some and if you're gonna hunt pellets a mile up texas bite. You're gonna wanna bring diane wilson the woman who tracked formosa's leaking pellets for five years.

Laura Sullivan Kocsis Creek Ronnie Hammer Formosa NPR Steve Russell Chevron Phillips Chevron Dow Dupont American Chemistry Council Exxon Chevron Jeevan Britain Trade Association Texas
"chevron phillips" Discussed on KTRH

KTRH

01:32 min | 1 year ago

"chevron phillips" Discussed on KTRH

"From Chevron Phillips. I'm Sky Mike in the Gulf Coast windows dot com 24 hour Traffic center. From our Katya rage. Keep cool with a Rs 24 hour Weather center Overcast today. Occasional showers about 81 for a high temperature Partly cloudy early clouds increase showers develop later in the day 75 in the only 66 with showers coming on Wednesday, so it's kind of a cloudy buried where the temperature is going to really start to fall off. Right now. 71 your officials Severe weather station. These radio 7 40 K t r h, It's time for the news or make me actually an update on the top trending stories here, Sharon. Good morning, everyone. 5 52 Now on NewsRadio. 7 40. We've got Tropical Storm Zeta expected to strengthen into a hurricane today, But it will get into the gulf Make landfall on Wednesday, southeast Louisiana here in Texas. What? We're worried about the Panhandle High Plains, Texas in for an Arctic freeze. Yeah, it's not a cold front. It's an Arctic front. Coming. We could see icing tomorrow and loving and Amarilla and points west of four worth when certainly freezing temperatures. It's on its way. Texas Supreme Court has given both sides a deadline of five o'clock today to make their cases. But on Saturday they did reinstate Governor Greg Abbott's ban on multiple ballot drop off sites per county. Yes, one per county is still the law and still the order and this Texas Supreme Court will hear some arguments later today. A new Ikea catalog being delayed in order to fix what they call a potentially racist.

Texas Supreme Court Texas Gulf Coast Chevron Phillips Panhandle High Plains Ikea Greg Abbott Amarilla Sharon southeast Louisiana NewsRadio.
"chevron phillips" Discussed on KCRW

KCRW

06:00 min | 1 year ago

"chevron phillips" Discussed on KCRW

"Who was president of the Society of the Plastics industry. And here's a little bit of what he told you. There was a lot of discussion about how difficult it was to recycle. They knew that the infrastructure wasn't there. You really have recycling amount to a whole lot right? So they knew what you just said about how difficult it is to break apart the plastic container into its various parts and reuse it. And so even though they knew that they decided to go ahead with this public relations campaign to convince the public that yes, indeed you could recycle your yogurt container. That's right. They were trying to save the image of plastics and make the public feel good about buying plastic. What about environmentalists? Didn't they know that this was a lie? Why didn't they sound the alarm? No, actually, I don't think really. Most people had any understanding for 30 years that it was so difficult to recycle plastic, and I actually think for a lot of environmental groups, there was a hope. You know, there was a really hope. I mean, this is coming after Earth Day. This is medals or being successfully recycled papers being successfully recycled. Why not plastic to weaken recycle plastic, too? And even the recyclers out there, you know, they knew that there weren't really big markets for most of the plastic, but they knew that they could probably find a buyer for soda bottles of milk jugs. One of the first recyclers in the country who was really plugged him with all of his fellow recycling center owners was out in San Diego, and he said that you know he lost money on those two items, but the public really wanted to recycle him and he felt like it was the right thing to do. So he went ahead and took those two items anyway. But for the rest of it, what I think happened for the next 20 years was that China took Plastic trash and where it went from there turns out was a little bit questionable. There was a lot of burning of the excess trash. There was a lot of bearing it and also possibly A lot of reports have come out that there was a lot of dumping that went on and dumping it in the oceans that happened as well. Until finally, China two years ago, say we don't want the plastic trash either. We can't make this work environmentally or economically either, And it was then that the curtain really was pulled back. For environmentalists and the public sort of saying this doesn't work at all because up Until then, even environmentalists were saying well, as long as it's being put on a boat to China. We're going to count that as recycled, even though there wasn't any really research into how much of this is actually being turned into something new versus how much of this is getting. Picked apart for soda bottles and milk jugs, and then the rest of it being dumped. So fast forward to now, You spoke with energy companies like Chevron and Shell. And are they doing anything differently today? The play say, I went down and talked to Chevron Phillips at a plant where they just spent $6 billion to make more plastic. Their plan is to triple the amount of plastic production by 2050. If you think about all the plastic that you have in your life right now, triple that And they're looking at, you know new countries where they can sell even more plastic. They said that they're not gonna have the same problems of the past because the plan is that they're going to recycle 100% of the plastic they make by 20 4100%. And you know, when I was talking to the head of sustainability for Chevron Phillips, he seemed very earnest. He seemed like he really believed this, he said. He really thinks they could do this. And then I also went and talked to the head of, you know, the largest lobbying group for the woman plastic industry, and he also said 100%, that's the plan by 2040. Here's the problem 20 for these a long time from now, and also the technology that they're counting on is not proven at all and hasn't worked so far. It hasn't worked for the past 30 years and fundamentally, you can't get around the same problems that existed in the nineties. There's more trash plastic trash than there's ever been. Oil is still cheaper than it. It's easier to make things out of oil than it is out of plastic trash. And plastic is harder to sort now that it's ever been and no matter how we went around in circles in the interviews, they were not able to sort of figure out how to solve those fundamental problems. And then, of course, there's one other really big problem with the idea that they will recycle 100%. Of other plastic they make. If the oil industry recycles 100% of the plastic it makes then there's no reason for anybody to buy their oil. And it's hard to understand how an industry will want to put itself out of business. So what should we do? In the meantime, just put our milk jugs and soda bottles in the blue bin and forget the rest and try to cut down on buying plastic. It's a It's a difficult question. And and I I wish even as an individual that I had a really specific answer. What I can tell you is that somehow along the way, when it came to reduce, reuse and recycle, we forgot about the first two and we ended up on recycle and it took all the oxygen out of the room. There is an element to reducing and reusing that Khun solved so much of this problem and then the other part is simply knowing that when you buy plastic, and when you're looking at in utter defeat as ideo into your grocery cart and not knowing what to dio But at least there's an awareness that all of this plastic is not going to get recycled and know that when you buy it, you are going to be throwing it out. And it is going into the landfill and even knowing that is a significant change in departure from where we've been for the past 30 years. Laura. Thank you So much for your reporting really important work. So thank you..

China Society of the Plastics indust Chevron Phillips president Chevron San Diego Khun Laura
"chevron phillips" Discussed on KCRW

KCRW

05:59 min | 1 year ago

"chevron phillips" Discussed on KCRW

"President of the Society of the Plastics industry. And here's a little bit of what he told you. There was a lot of discussion about how difficult it was to recycle. They knew that the infrastructure wasn't there. You really have recycling amount to a whole lot right? So they knew what you just said about how difficult it is to break apart the plastic container into its various parts and reuse it. And so even though they knew that they decided to go ahead with this public relations campaign to convince the public that yes, indeed you could recycle your yogurt container. That's right. They were trying to save the image of plastics and make the public feel good about buying plastic. What about environmentalists? Didn't they know that this was a lie? Why didn't they sound the alarm? No, actually, I don't think really. Most people had any understanding for 30 years that it was so difficult to recycle plastic, and I actually think for a lot of environmental groups, there was a hope. You know, there was a really hope. I mean, this is coming after Earth Day. This is medals or being successfully recycled papers being successfully recycled. Why not plastic to weaken recycle plastic, too? And even the recyclers out there, you know, they knew that there weren't really big markets for most of the plastic. If they knew that they could probably find a buyer for soda bottles and milk jugs, one of the first recyclers in the country who was really plugged in with all of his fellow recycling center owners was out in San Diego, and he said that you know he lost money on those two items, but the public really wanted to recycle him and he felt like it was the right thing to do. So he went ahead and took those two items anyway. But for the rest of it. What I think happened for the next 20 years was that China took the plastic trash and where it went from there turns out was a little bit questionable. It was a lot of burning of the excess trash. There was a lot of of bearing it and also possibly a lot of reports have come out that there was a lot of dumping that went on and dumping it in the oceans that happened as well. Until finally China two years ago. Say we don't want the plastic trash either. We can't make this work environmentally or economically either, And it was then that the curtain really was pulled back. For environmentalists and the public sort of saying this doesn't work at all because up Until then, even environmentalists were saying well, as long as it's being put on a boat to China. We're going to count that as recycled, even though there wasn't any really research into how much of this is actually being turned into something new. Versus how much of this is getting picked apart for soda bottles of milk jugs and then the rest of it being dumped. So fast forward to now, You spoke with energy companies like Chevron and Shell. And are they doing anything differently today? The play say, I went down and talked to Chevron Phillips at a plant where they just spent $6 billion to make more plastic. Their plan is to triple the amount of plastic production by 2050. If you think about all the plastic that you have in your life right now, triple that and they're looking at, you know new countries where they can sell even more plastic. They said that they're not gonna have the same problems of the past because the plan is that they're going to recycle 100% of the plastic they make by 20 4100%. And you know, when I was talking to the head of sustainability for Chevron Phillips, he seemed very earnest. He seems like he really believed this, he said. He really thinks they could do this. And then I also went and talked to the head of, you know, the largest lobbying group for the woman plastic industry, and he also said 100%, that's the plan by 2040. Here's the problem. 2040 is a long time from now, and also the technology that they're counting on is not proven at all and hasn't worked so far. It hasn't worked for the past 30 years and fundamentally, you can't get around the same problems that existed in the nineties. There's more trash plastic trash than there's ever been. Oil is still cheaper than it. It's easier to make things out of oil than it is out of plastic trash. And plastic is harder to sort now that it's ever been and no matter how we went around in circles in the interviews, they were not able to sort of figure out how to solve those fundamental problems. And then, of course, there's one other really big problem with the idea that they will recycle 100%. Of of Ah plastic they make If the oil industry recycles 100% of the plastic it makes then there's no reason for anybody to buy their oil. And it's hard to understand how an industry will want to put itself out of business. So what should we do? In the meantime, just put our milk jugs and soda bottles in the blue bin and forget the rest and try to cut down on buying plastic. It's a It's a difficult question. And and and I I wish even as an individual that I had a really specific answer. What I can tell you is that somehow along the way, when it came to reduce, reuse and recycle, we forgot about the first two and we ended up on recycle and it took all the oxygen out of the room. There's an element to reducing and reusing that Khun solved so much of this problem and then the other part is simply knowing that when you buy plastic, and when you're looking at in utter defeat as ideo into your grocery cart and not knowing what to dio But at least there's an awareness that all of this plastic is not going to get recycled and know that when you buy it, you are going to be throwing it out. And it is going into the landfill and even knowing that Is a significant change in departure from where we've been for the past 30 years. Laura. Thank you So much for your reporting really important work, So thank you..

China Society of the Plastics indust Chevron Phillips President Chevron San Diego Khun Laura
"chevron phillips" Discussed on Mon Carnet, l'actu numrique

Mon Carnet, l'actu numrique

03:47 min | 1 year ago

"chevron phillips" Discussed on Mon Carnet, l'actu numrique

"Please don't. Count search results delete want competencies active about passing. Bruno's not Bali Chevron Phillips said If. I Philip on can come in. The music me La, sister, Powell's Audrey, Saint Pass goody we see on the cornea, matter community and Mass as many. As. We. All, if you book will choose, will okay Becker for the size Anita on the view Avenue Pediatric Avenue, race. On a boat, which down on me, that's off the on seat. let's Chiba. All correct unsubmissive stimulus on that goes that the me score down. Call Ladies Yankee a book. Feel these initiatives you shows Fatty Do need to acquire. Donnie pediatric Mako. called. Ankle off five leaf. I make it. A movie appear on the name she party. Give me! Guava cat leash Kim. Regime. Only view if limited use a Seattle dance, affinities, exempt Jackie or Something today. May! Communities to shield defending Ott. US Our south. Talk Oscar gets amendment. Let's. Look. At the Vatican, bank is a view to secure. Easter money for me, so it makes new baby the amounts. faker mouth. At via enable Latini. Don't tell you talk you. VISITTI. Visitti so so play spoiler kit. then. Puzzle Juicy Bhaskar Latini Town Cetinje. Zepa Demille Liege. BOOP lose present seashore resource. You Produce, get dessert. dunedoo toward anals Anita on alert attorney May the the Monica presenting awning below US guys dying daintily. Don't Sir is. Why are we about saw two thousand? WHO's traffic victory deal by the? was against your through he. Typically meteorologist. ISSUE CONSALVI soup out. You may look a principal package. Meiji's Yukon gold yet, bascus sends a Foxy to. Is that a lot of as shows? Notebook does not suit I at twenty minutes your facebook. bookable could call new away. TV's come out the UCLA. Of Its. The maximum is faster shoe facebook. The Hustle their father. Those two pool. Plenty of what what is selects you. Suicide over the meeting new sufficient cynical. Stay blocked on it up with blues love. Gosh Basket Ninety of. The Eddie. Downing based survive left fossils the same. Don't donate. Message aimed at the, doesn't it? May Multi don't feed? To Z. Denise Click don't over got as adult the. Creditors. Don't yes. At Bats, Dilatot Ali ink by the game. Yosi Labatt patsies to set any Uncle Sam Button so i. Dora. Sheds insects. Yangzhou video sweaters Max. Pass our NATO. MINNESOTA..

Anita Bhaskar Latini Town Cetinje Philip Oscar Bali Chevron Phillips US Zepa Demille Liege facebook. UCLA Yosi Labatt Yangzhou Bruno La Dilatot Ali Seattle Chiba Mass Powell
"chevron phillips" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:07 min | 1 year ago

"chevron phillips" Discussed on Bloomberg Radio New York

"The latest small business administration stimulus bill and to add to this went through pretty quickly yeah it did and especially with the parliamentary problems they had with getting quorums and and the members of the house being brought in and and and pockets of like sixty with masks and voting now the major thrust Bryant is the addition of funds a small business paycheck protection program and other presidents this bill will help small businesses to keep millions of workers on the payroll you see states are starting to open up now and it's very exciting to see I think it's very all inspiring were coming out of it and we're coming out of it well and the vice president matter fact is looking to summer as states implement their policies including faced re opening that will preserve those gains we do believe by early summer we could be in a much better place as a nation with the with much of this corona virus epidemic behind aside some of the rosy picture is spoiled a bit today in California disease killed more people in the state of California in the last twenty four hours than any previous twenty four hours we still have more positives in this state every day so these continues to spread and we need to continue to spread the word a vigilance governor Gavin Newsom says decreasing hospitalizations and I see you in admissions I want to mention to you as well that Tokyo's governor Yuriko Koike K. is urging at large companies to add vacation days to the annual golden week holiday to turn it into a twelve day break that would start as soon as tomorrow she's calling it stay at home weeks and she asks citizens to stay in the capital and at home in San Francisco I'm at Baxter all right Brian thank you very much let's say good morning to Adam a rally who is a former U. S. ambassador to Bahrain joining us here live on the program ambassador I I see here just in the last fifteen minutes just so that the treasury secretary is is pursuing this new lending facility for oil companies now we understand it's an industry that employs tens of thousands of Americans but but if you thought that the politics was strong on getting a company like shake shack to return some federal money you wonder how this might go over well I I would I would say that the oil industry a little bit more significant shake shack I think they are heard Yale you know you know what I mean there was a program that there was a program that was developed by the federal authorities with certain parameters and the money went out to some recipients Harvard did not but it went out to several recipients and then the political pressure came up and the president was saying all rest this money pack now on the other hand they're looking at at bailing out oil companies you can see that the public will probably be somewhat up in arms over this yeah but look at the Norman street the voice directly to a half million Americans number one and number two indirectly with related industries it's about ten million so this is not an insignificant piece of the economy one point one point two local bond I had to do it in two thousand eight for the auto industry other come the time at which you know the the economic inspection of a failed industry can have huge reverberations so this is going to be a strategic decision and not only by the administration but by Congress away as well and it's going to have to be made at a point at which smart people decide that that it's just too big to fit into big elements on offense well I guess what other people would say to it's like with the fed so when it was going to back junk bonds there's a fallen angels and some might say that some of the specially the show producers Permian basin people are in the same position what is it what is it mean for US oil producers going ahead when you make a good point you know not all oil companies are equal right and the shale producers are a segment of the industry but there are there other segments like Exxon Mobil and chevron Phillips and others the the majors who frankly aren't too keen on government interventions in other VLE is let them let the market let the market forces decide who lives and who dies oh by the way the third goal of companies are ready to buy up distressed assets at a fire sale so I don't think there is a consensus either within the industry or within the political establishment of how to proceed ambassador thank you very much Adam our ambassador Adam ereli the former ambassador to Bahrain joining us here live we'll get an update on markets will continue our discussion there's so much to talk about today was just getting started here on Bloomberg daybreak Asia Asian market set up next for this day Friday this is number white.

"chevron phillips" Discussed on KZSC 88.1 FM Santa Cruz

KZSC 88.1 FM Santa Cruz

08:29 min | 2 years ago

"chevron phillips" Discussed on KZSC 88.1 FM Santa Cruz

"The corporations don't have hard our souls futures they don't have children they have a short time frame and they really care about just making money if you give them the on limited ability to participate in politics everything because they only care about profits you know you look at climate change that is people who are saying we rather make money save that's an amazing statement as having today and their politicians support climate changes the focus of this dire backed advocacy group next to Jen America Washington governor Jay Ensley another democratic presidential contender also made climate change the central plank of his campaign the six the presidency Stiers resigning his leadership positions and both next generation and need to impeach he says he's committed more than fifty million dollars through twenty twenty to the two organizations Steiner joins the race three weeks before the next presidential debates and you could struggle to get a spot on the stage he likely won't meet polling requirements to participate but could clear a fund raising threshold there are twenty spots at the debate for a field that includes two dozen candidates California congressman Eric Swalwell exited the race Monday and said he'll run for reelection to his house see instead a New York judge has the justice department can't change lawyers so late in the dispute over whether to add a citizenship question to the two thousand twenty census judge Jessie Fuhrman ruled today saying lawyers must fight satisfactory reasons for withdrawing judge Fuhrman said the urgency to resolve legal claims in the case and the need for efficient judicial proceedings had only grown the justice department sought to change his lawyers after the Supreme Court barred the inclusion of the question at least temporarily the justice department formally asked Fuhrman on Monday to let it switch lawyers after an embarrassing episode last week when justice department lawyers seem to be giving up the legal fight as president trump vowed to keep trying to include the question on the census civil rights activists are warning of the potential for abuse following confirmation that at least three states of scan to millions of drivers license photos on behalf of immigrations and customs enforcement without the driver's and knowledge or consent public records obtained by the Georgetown law center on privacy and technology provided the first evidence that ice had sought such scans which were conducted in Utah Vermont and Washington all three states allow undocumented immigrants to obtain driver's licenses they all agreed to ISIS requests in response to a question from KPFA the California DMV says it does not use facial recognition technology nor does it again engage with law enforcement for the use of facial recognition president Donald Trump lost a major Twitter fight today when a federal appeals court said that his daily musings and pronouncements were overwhelmingly official in nature and that he violated the first amendment whatever he blocked a critic to silence of view point the fact of the second US circuit court of appeals decision is likely to reverberate throughout politics after the Manhattan court warned that any elected official using a social media account for all manner of official purposes and then excluding critics violates free speech the government is not permitted to amplify favored speech by banning or burdening view points with which it disagrees the appeals court said because it involves trump the ruling is getting more attention that a January decision by the fourth US circuit court of appeals that found a Virginia politician violated the first amendment rights of one of her constituents by blocking him from a Facebook page president trump lashed out today at Britain's ambassador to the US for a second day describing him as a wacky and a pompous fool that's after leaked documents revealed this week the invoice dim view of trump's administration trump fired off a series of tweets about ambassador Kim Derek hours after British prime minister Theresa may gave the veteran diplomat her continued support quote the wacky ambassador that the U. K. foisted upon the United States is not someone we're thrilled with the very stupid guy that's what trump tweeted in one tweet Derek's fourth right unfiltered views on the US administration meant for a limited audience and discreet review appeared in leaked diplomatic cables that were published in Britain's mail on Sunday newspaper Natalie Powell has more from London UK prime minister Theresa may who remain in the job for just a few weeks more has expressed her full faith in Sir came and announced that she will not be removing him however the row could cause a headache for the incoming British prime minister if they replace the ambassador they'll be bowing to pressure from the host nation but it's so Kim stays the trump administration could refuse to cooperate with him meanwhile the U. K. is lost a cross government inquiry to trying to find the source of the leak lastly Powell London president Donald Trump today gave a warm White House welcome to the leader of Qatar amid a bitter rift between that tiny energy rich nation and its follow American allies in the Persian Gulf and rising tensions with the run trump clasped hands with the emir of Qatar Sheikh Tamiment bin Hamman out honey I called him a friend while recognizing the country's extensive military partnership with the United States and billions of dollars in purchases from American companies they are investing very heavily in our country trump said they're buying tremendous amounts of military equipment including planes five commercial agreements were signed Qatar Airways this buying five Boeing seven seven seven freighters and large cabin aircraft from Gulfstream aerospace and plans to use General Electric Company jet engines to power its Boeing aircraft the White House also said the Qatari defense ministry will buy a missile defense system from Raytheon in addition chevron Phillips chemical in Qatar petroleum of agreed to jointly develop an eight billion dollar petrochemical plant on the U. S. Gulf coast Qatar is home to the forward headquarters of the U. S. military's Central Command the sprawling air base there is home to some ten thousand American troops the mir's visit comes at a time when trump is facing critical decisions in the Middle East for Arab nations that are friendly with the United States Bahrain Egypt Saudi Arabia and the United Arab Emirates have been boycotting Qatar claiming it supports extremist groups in the region and has a close relationship with the run reporter Giles Gibson as more Qatar is in a really unique position in the Gulf because on the one hand it say it see US ally it has a you asset base hosted inside could saw it on the other side has diplomatic relations with Tehran it's had those relations those relations were reestablished back in twenty seventeen so there is a lot of talk about good song possibly playing some sort of a role as a go between or a broker between the United States and Iran perhaps just in a sort of unofficial way as as a back channel perhaps that she is a role that it's been playing in another context just this week we've had what's known as the intra Afghan dialogue going on in council and that said talks they've been going on between Afghan leaders and the Taliban Charles Gibson Washington and this is the evening news and KPFA Berkeley KPFK Los Angeles KFC at Fresno online KPFA dot.

fifty million dollars eight billion dollar three weeks one hand
"chevron phillips" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:30 min | 2 years ago

"chevron phillips" Discussed on Bloomberg Radio New York

"Chinese equity markets up and running also the market in Hong Kong. If you're joining us from the region is Friday morning, they're in good morning to you. I'm Doug krizner at Bloomberg. Interactive brokers studio in New York. And good evening to you, Doug. I'm Juliet Solly here in Singapore. Let's get a check of how markets trekking on the final trading day of the week here in Asia with Bloomberg's Bryan Curtis. In Hong Kong, Brian, horrid, Julia. Thanks very much. Yes, there are better indications on trade in obviously, central Bank, shifting toward easier monetary policy, so that should be a good thing for equity markets, but investors have seen with the S and P five hundred. At all time, highs before this has been a level that has cracked bid, so maybe a little bit of nervousness here in the markets. And also, the sharp weakening in the dollar means a lot stronger currencies here in Asia. And while under normal circumstances. That's a pretty good thing. It's been a pretty abrupt move about two percent the Korean won has appreciated in the last couple of days. So let's take a look at some of these numbers, the crane trading eleven sixty two coming from about eleven eighty just a couple of days back, and we've got the Chinese currency, the CNA six eighty five ninety two we're just getting China future starting to trade in Singapore down three tenths of. One percent, and the cash markets, the moment, the Nikkei is flat to slightly lower the same for Australia. And in Seoul, the cost is trading down about a quarter of one percent. So that's some very sharp gains. You might have missed this yesterday. But the CSI three hundred in China was up a whopping three percent. So there may be a little give back today. You'll on the tenure two point zero one percent down a basis point WTI crude spiking, fifty seven forty a barrel. Doug to you. Yeah. We were up nearly six percent of New York trading on WTI a lot of concern over a possible US retaliation against Iran. For shooting down a drone. We're going to have more on that when we check global news in a moment with our Ed Baxter. We spoke earlier on the program with Stephen Schork. He's the president of the Schork report. He told us not to be distracted by today. Spike. Bye. At this point, we are looking or searching for bottom if we do break support here, and so that would be not NYMEX oil. That, that is telltale, it'd be really worrisome, the guards, general help global economy. So I think the market is searching here. So Stevens talking about a bottom earlier, we spoke with Bloomberg's Mike mcglone talking about resistance on NYMEX crude at around sixty dollars a barrel in the electronic session right now. We are at fifty seven fifty Julia. well a possible deal in the chemical industry roy is reporting chevron phillips chemical is offering to acquire nova chemicals this would be more than fifteen billion dollars in cash dish chevron phillips is joint venture between chevron and phillips sixty six is owned by the u._s. as mobile investment the report says other bidders for nova may still emerge quick update on u._s. china trade we have the south china morning post reporting teams from both the u._s. and china may meet as early as next tuesday that would be three days before the g twenty meeting in osaka where we're expecting president trump and she to have some sort of discussion now the m._p. says negotiators are rushing to put together some type of plan juliet apple is asking the trump administration not to raise tariffs on china any further mo from bloomberg's denise pellegrini the iphone maker says if president trump follows through with his threat to slap tariffs of as much as twenty five percent on another group of chinese Imports. It will cut apples contribution to the US economy, iphones, ipads, macbooks, apple watches air, pods, and the I mech it says would all be affected. And in a letter to US trade propert lighthizer, apple also warns the new tariffs would hurt the home pud speaker beats headphones wireless routers, the apple TV box cases and I phone replacement parts. Apple says it's one of the largest private job, creators in the nation, and it says it's responsible for more than two million positions. And is the biggest US corporate tax payer to niece Pellegrini. Bloomberg daybreak Asia. We also have apple today warnings from customers to stop using those macbook, pro laptops, that were sold between September twenty fifteen and February twenty seventeen. Apparently, there is some safety risk because the battery may overheat in that could be combustible. This would involve the fifteen inch version of those older macbook pros. Julia. Hong Kong, COP holdings is getting zapped electric generator, joking about a massive writedown mole from Bloomberg's Rishaad Salama's COP estimating an impediment of nearly nine hundred million dollars. That's because of the retail business of its energy, Australia. Unit in the first six months of this year. Syllabi says it expects to report a first-half loss as a result, it blames the difficulty in part on pressure by Australia's government to cut power prices for consumers, and the company's earnings from the segment will also drop in the second half in Hong Kong. I'm Rishaad Salamat, Bloomberg daybreak Asia. All right. We're at six minutes past the hour. Time for an update on a global news. And we're going to start in Hong Kong, where a growing number of pro democracy protesters now at the government building at Baxter covering story from the Bloomberg nine sixty newsroom, Ed. Yeah. Douglas, latest estimate is about five hundred is much more low key than the past who calling it more of a picnic atmosphere. Bloomberg's Yvonne man as their point..

Bloomberg Hong Kong Asia China apple US Doug krizner Julia Juliet Solly Singapore New York Australia president denise pellegrini Interactive brokers chevron phillips NYMEX Seoul
Chevron Phillips Chemical in bid to acquire Nova Chemicals

Bloomberg Daybreak: Asia

00:20 sec | 2 years ago

Chevron Phillips Chemical in bid to acquire Nova Chemicals

"Well a possible deal in the chemical industry roy is reporting chevron phillips chemical is offering to acquire nova chemicals this would be more than fifteen billion dollars in cash dish chevron phillips is joint venture between chevron and phillips sixty six is owned by the u._s. as mobile investment the report says other bidders for nova may still

Chevron Phillips Chevron Nova Fifteen Billion Dollars
"chevron phillips" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:09 min | 2 years ago

"chevron phillips" Discussed on Bloomberg Radio New York

"It'd be really worrisome. The general help optical economy. So I think the market is searching here. So at the moment, WTI crude is trading at around fifty seven thirty seven that's up another half a percent. Brent at sixty four forty five well the possible deal in the chemical industry. Roy says reporting Chevron Phillips chemical is offering to acquire Nova chemicals. This would be more than fifteen billion dollars in cash and ditch Chevron Phillips is a joint venture between Trevor Phillips sixty six Nova as owned by the UA as mobile ala investment. The report says other bidders Fano that may still image. And so we've mentioned this. Well that gold was pushing ever closer to fourteen hundred dollars an ounce shares of the Canadian company. I am gold. Also glittering that's on word that China National gold is considering making a bid for stake in, I am gold more on that from Bloomberg's Yvonne man. Sources say China's second biggest minor of the metal is working with financial advisers on the potential offer. Bloomberg's reporting that I am gold has been shopping around, either as an entire company, or imparts a deal to buy, all or part of the Toronto based company falls, a huge spat of mergers, in the industry with new months aquisition of Goldcorp and Barrick steel for Randgold resources, the relationship between China and Canada remains tense after the arrest of always CFO in Vancouver last year on a US extradition request the more than a percent of I am goals. Revenue comes from outside Canada has major operations in South America and Africa. in hong kong i'm yvonne man bloomberg daybreak asia well apple is asking the trump administration not to raise tariffs on china any for though we get more from bloomberg's denise pellegrini the iphone maker says if president trump follows through with his threat to slap tariffs of as much as twenty five percent on another group of chinese imports it will cut apples contribution to the u._s. economy iphones ipads macbooks apple watches air pods and the i mech it says would all be affected and in a letter to u._s. trade robert lighthizer apple also words the new tariffs would hurt the home pod speaker beats headphones wireless routers the apple t._v. box cases and i phone replacement parts apple says it's one of the largest private job creators in the nation and it says it's responsible for more than two million positions and is the biggest u._s. corporate tax payer denise pellegrini bloomberg daybreak asia are i coming upon six minutes here past the hour let's get to global news the shooting down of u._s. drone by iran is being downplayed by president trump At Baxter has global news. From the Bloomberg nine sixty San Francisco newsroom. Ed. Yeah, his first response was it was dangerous in Iran would be sorry later. He walked back a bit. Find it hard to believe. It was intentional. If you want to know the truth, I think that it could have been somebody who is loose and stupid. Now he did say it was an international waters. Iran's foreign minister says it was Ronnie and airspace. And Iran will defend itself going to the UN now, Stephen cook, who's a senior fellow at the council on foreign affairs. Mid-east says the issue here is really pretty simple. He clearly believed that his pressure would bring them to the negotiating table. The Iranians have demonstrated that that's not really in their interest. So he either is going to have to climb down. And there's some indications that he's beginning to do that by referring to this as a mistake and unintentional. Just a footnote, the president says the things could have been much, much different. We didn't have a man or woman in the room, we had nobody in drill would have made a big difference. Let me tell you what made a big, big difference now, social media lit up tried in the president on not knowing what address. Zone is one saying of a drone man or woman, it's an honor drone? It would be a plane, North Korea leader, Kim Jon UN meeting, Pyongyang with China's president Xi Jinping says he's waiting for a desired response. In the stalled nuclear talks with the US. He says, North Korea would like to remain patient, but wants to be met halfway. She telling CCTV that the international community expects the US and North Korea to continue to talk to achieve results in the China will help find a positive result deadline imposed by activists for chief executive Carrie Lam to step down and pull the extradition legislation passed, we know official government response demonstrators are out and the surrounding the government building, which is closed temporarily today by the way, meanwhile, a different tack from from pro-democracy lawmaker. I'll know Ken, he's asking Japan to take an active interest. Got to. Is a member of Hong Kong legislative council hope the exhibition live will be discussed, at the g twenty and will be resolved, and it's down to Boris Johnson and Jeremy hunt. They are the survivors of the UK parliamentary, and prime minister hunt. We should know the results after a mail in vote in sometime next month. In San Francisco, I'm Ed Baxter. This is Bloomberg Brian. All right. Thanks very much time here. Eight minutes past the hour on the show today. And the first guest of this half hour is Michael McCarthy on line from Sydney, chief market strategist, EMC markets in the Asia Pacific. So we have central banks, shifting toward looser monetary policy, and even Australia's central Bank chief Philip low reiterating that it's not unrealistic to expect a further interest rate cut, so that's where we're going. Is that a good thing for markets right now? Or are you a little bit nervous? Well, I think everyone's a little bit nervous Braun. Is an air of on reality, and that's coming through, really. Well, I bet investment equities than a bit of business. And I think that is a concern. We need to say delivery, earnings to sustain now. There is. Ironically, that might be the reason why markets continue to raw at skip decision. Means that investors, generally speaking by the individual and remind onto white the markets and IVA white cash, and these guys have been squeezing them into the market. I'm certainly not hearing any any noises that San lucky four year at this stage. It's still a few technical indicators showing some bullets signals particularly in the ASX two hundred and particularly as well. When you look at gold and we had that big surge coming through in gode yesterday. So, you know, how do you play this win the bond markets telling you one thing, and then we're still seeing equities rise. Well Juliette, that's the reality, I think with the clear up trained in investors. Nate to run with that trend. wow nervous to have the ability to move into yeltsin's markets to some of the tile risk cut they downside this gift i wish of course that does come across but at the moment the arrows pointing that success particularly from ten point of view i've gotta run with that interesting tonight i think you you sort of put your finger invasive thinking this morning despite the positive i've not lakes we've actually opened in negative territory here in a strategy today so that nervousness clearly having an impact at least today right we've seen the u._s. lead a lot in terms of equity and we've also seen a turnaround at these levels in the past so with these new records set but in a sense the fed with its with this positioning change kind of gives a little bit of cover to people who are worried about dropping bond yields right Absolutely. You know, I think that that version of the bone deal has been a very bad a lot. The reality is that it's a symptom, not a cause of recession and it's reflecting the monetary conditions. This is a unique time in monitoring history. We've never seen an experiment like this globally with so much accommodation from central Bank, supporting markets. And that's what makes it so unpredictable. And another reason I think tonight, contrary project in the current market. Well, I suppose also that you'd be really nervous, if you had corporate credit spreads widening out if, if those if those yields that the corpus were getting in triple b were really high when.

China Bloomberg president Iran North Korea US Chevron Phillips apple hong kong San Francisco Canada Bloomberg Brian denise pellegrini Brent Roy China National Trevor Phillips Nova
"chevron phillips" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 2 years ago

"chevron phillips" Discussed on Bloomberg Radio New York

"Thirty five a barrel. These are on tensions with Iran energy shares, did lead the way exceleye in the US the up two point two percent, Doug t-. Yeah. It was the biggest one day jump for crude this year. If you're looking at WTI you guys spoke earlier with Stephen short president of the short. He told us not to be distracted by today. Spike. I do. At this point, we are looking at searching for bottom. If we do break support here for that would be not NYMEX oil. Doc below stick the barrel, that is efficient telltale. It'd be really worrisome, the general health of the global economy. So I think the market is searching here. So Stevens talking about a bottom earlier, we were speaking with Bloomberg's Mike mcglone telling me here in New York that resistance looks like a sixty bucks a barrel right now in the electron accession NYMEX crude, this is WTI in the extended hours. Fifty-seven Twenty-eight Rashawn. Yeah. Opposable deal in the chemical industry. Reuters reporting the Chevron Phillips chemical is offering to quiet Nova chemicals. This would be full moving fifteen billion dollars in cash and debt, Chevron Phillips, as a JV between Chevron Phillips, sixty six Nova is owned by the UAE's Mugabe dollar investment report says other bidders vote Nova might still emerge. We had shares in the Canadian company, I am gold. Also glittering this on word China, National gold is considering making a bid for a portion of IM gold. We have that story from Bloomberg's Yvonne man. Sources say China's second biggest minor of the metal is working with financial advisers on the potential offer..

Chevron Phillips WTI NYMEX Bloomberg Doug t China Mike mcglone Nova Iran US Spike Reuters Stephen president UAE Mugabe New York Stevens
"chevron phillips" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 2 years ago

"chevron phillips" Discussed on Bloomberg Radio New York

"Dot com okay that's got things are shaping up and shaping up sending seems to be the case for the region for asia this is bloomberg's doug krizner doug per shot couple of things going on we've got crude oil rallying new york crude for august delivery was up nearly six percent today that on concern over a possible retaliation against iran for shooting down a drone we'll have more on that story won't be check global news in a moment with our ed baxter energy shares not surprisingly rallied and led the s._n._p. to a record high that gain incident was about a one percent we've finished at twenty nine fifty four the dow up one percent nasdaq composite added about eight tenths of one percent now the equity market is also being supported by the notion of lower rates you'll remember yesterday the fed opened the door to that rate cut markets now pricing in a virtual certainty on a rate cut by july overnight the bank of japan said extra stimulus would be an option if prices refused to keep rising toward that be o._j. target of two percent inflation ten year treasury last quoted in new york at a yield of two zero two so those lower rates weakening the dollar further with the drop in new york trading if you look at the bloomberg dollar spot we were down six tenths of one percent dollar weakness geopolitical risk and look what's up with gold we were hired by two percent of new york spot price now at thirteen eighty eight sixty five bryant to you all right doug thank you very much possible deal here in the chemical industry reuters reporting that chevron phillips chemical is offering to Choir Nova chemicals. It would be more than fifteen billion dollars in cash and debt, Chevron. Phillips is joint venture between Chevron and Phillips, sixty six Nova is owned by the UAE's move dollar investment. The report says other bidders for Nova may still emerge and rich we have Steven Schork the short report coming up in a few moments, you can get a little more insight on this, and also the huge rally today, what Doug say almost six percent for west Texas intermediate crude elsewhere, of course, in the commodity side of things as well. We had two big day for gold as well. Doug was mentioning that says of the Canadian company, I am gold, also glittering, that's on word China, National gold is considering making a bid for a stake in, I am gold confused. Bloomberg's Yvonne man should care it up sources say, China's second biggest minor of the metal is working with financial advisers on the potential offer. Bloomberg's reporting that I am gold has been.

doug bloomberg Chevron chevron phillips chemical new york Nova Phillips asia China york Choir Nova reuters japan iran UAE Steven Schork
"chevron phillips" Discussed on KTRH

KTRH

01:33 min | 2 years ago

"chevron phillips" Discussed on KTRH

"His plan to change the nation's immigration system before a rose garden audience pack with lawmakers and conservative stakeholders in the immigration debate. President Trump unveiled his merit based immigration plan, which would end the visa lottery reduce family migration, and accept greater numbers of immigrants with high education and job skills. We discriminate against genius. We discriminate against brilliance. We won't anymore. Once we get this passed, but that won't be easy to plan does not address the fate of the hundreds of thousands of immigrants who arrived in the US children often called dreamers as a result. Congressional Democrats say the proposal is a non starter at the White House. Jon decker, Fox News, the search for missing Houston girl is temporarily coming to an end Texas echo. Search says they're waiting for more credible. Tips on where me Davis might be before sending out volunteers. The four year old girl has been missing for nearly two weeks. Her stepfather initially claimed she was ab- -ducted. He's now in custody on tampering with evidence charges volunteers spent the past two days searching rural areas Niro, Sharon with out any success. What's being called an operational issue blamed for smoke? That was seen billing out of the Chevron Phillips plant in baytown earlier today company officials say the situation is under control, and no plant employees or anyone in the community or endanger. They didn't release any other. Other information about what caused the problem KTAR, h news time, four three time to check your money. Here's KTAR h money, NAN pads shin brought to you by.

US President Trump Chevron Phillips Jon decker White House baytown Niro Davis Texas Fox News Sharon Houston four year two weeks two days