35 Burst results for "drillers"
Roger Bennett (Men In Blazers) on the Return of the Premier League
"We Win Stadium you will be at home. I can promise you will feel you support. Stay safe. We are still with you and. You'll never walk alone. That was liberal F. C manager Jergen KLOPP in a message released yesterday. That will bring a tear, not just the eyes of his supporters. The dare I say anyone who cares about the most popular sports league in the world. That's right folks. After a three-month hiatus. The English Premier League is back today. Roger Bennett from men in blazers fills us in on these frantic few remaining weeks. So grab a pint and US as sub optimal tour of English soccer. I'm sorry, English football. I mean it comes. It's Wednesday. June seventeenth. This is ESPN daily. Presented by marathon. Roger! Kim's. Are you relieved? Your any skin daily and not my NFL pod, talking about your beloved quarterback Mitch Trubisky You Know God Love Mitch. trubisky is an incredible pressure to be knowing that your whole life is just destined to pan out to become the answer to a trivia question in about ten years, who was taken ahead of Deshaun Watson Patrick Mahomes. Roger Bennett is suffering bears fan. He's also the CO host of men in Blazers on the NBC. Sports Network and the men in Blazers podcast by just braced for him to end up with the green. Bay Packers, leading them on a fourth quarter drive two feet, my beloved Chicago Bears, and I can't wait for that movement. They'll probably deserve it. And we're not talking about bears football today. The wait is over the English premier league. The most Popular Sports League in the world is back after a one hundred day hiatus due to the coronavirus pandemic Roger I'm sure you've been getting your fix from Bundesliga but I have to imagine the return of English. Soccer is hitting a little different for you. One hundred days feels like one hundred years to be candid. I've been staring at squirrels running up trees in the park, and feeling the adrenaline burst of a run through midfield, watching raindrops charge down my window and feeling just an incredible wing-play into play of missed from the primarily, but yes, it's back today with its global ratings I mean in Britain for much of Europe for much of the rest of the world outside of the United States, it's kind of a seismic as the NFL and the NBA rolled into with the Pantheon of heroes and villains to moments of glorious ecstasy, searing dispath fuse with dodgy haircuts snack tattoos. One hundred days off. When are going to have ninety two games scattered almost daily over the next couple of weeks. It's coming back because we love it because we miss it. It's coming back for. Hard news commercial reasons ultimately to an economic decision. It's going to come back and ghost game situation where it's fabulous. It's going to be different. The lack of an audience will have an impact on the football. We watched, but most importantly it is going to be good enough. It's GonNa. Be Great enough to connect us to a ruling global conversation and that's ultimately I think. Think we will miss about sports as our calling them. Ghost Games I hadn't heard that got left the Germans. They have a name for everything. Lay. They Call Them Guy Bela. And that is what they will be. Sam Darnold knows a thing or two about those back to English premier league, so we hit positive with most of the season done with exception of Liverpool they're. They're still to be decided. The top half of the table. Seven teams vying for five spots determine who will qualify for Champions League and Europa League which for those who don't know are the midseason European tournaments to be held next year. Roger Liverpool have clinched Champions League. Spot Manchester City has of course been banned from Champions League for Breaking Financial Fair play rules so that. That spot remains open despite city being second in the League. Right now. Arsenal wolves Chelsea Menu Lester Tottenham Sheffield all in the mix. What are you expecting to see from the top of the table? When the race for Champions League qualification, which is a bit like football's march madness, it's big tournament in which the best teams in the world. You're rail, Madrid, your boss Alana's. Para Sanjay Man's by Munich's compete all. Big English teams won't be in that for brand reasons for competitive reasons for commercial reasons and is. And completely wide open at the bottom of the table. All say English football has some Incorr- ellegation, which is if you watch game of thrones? It's a bit like the moon door. Teams get flung through that in baseball, the worst teams every year like the Orioles in the mall in which is flung out of the major leagues, the mooted, and in that place. We had the Tulsa drillers around rook. Rook Express and that is, it's a searing. It is a haunting. It is a savage palm of the global football tradition, and you have six teams at the bottom who are fighting to avoid what can be economically devastating their revenue roughly hauls flung out. The Premier League is savage for the fan base. One Minute. You are watching your team. Take to the glamorous fields, Manchester United and Arsenal the next. Round Brentford Luton Barnsley barring a miracle the Jewish using Norwich canaries will disappear, but there's five teams Aston. Villa Bouma th what furred and West Ham amongst them, two of which will go with them for the big story line. Meena is Liverpool Football Club. American owned little football. Club owned by the Boston Red SOx owners, F S J and their yearning. They're dreaming of a return to greatness that was once titletown by when I was a kid growing up in Liverpool. Just six points away from lending the title that they have dreamed of then. That is the great storyline of the season. On that note. This Sunday. The team that you root for I'm sorry. I'm getting a producer this side you support. Everton, we'll be squaring off against Liverpool. They are twenty five points clear off the other teams in the League, and there's possibility they can clinch the title at Goodison Park Against Your beloved Everton on Sunday
Range Resources pleads no contest to environmental crimes
"Range resources Pennsylvania's most active shale gas driller has pleaded no contest in Washington County court to seven misdemeanor environmental crimes over its handling of contamination at two well site the state attorney general's office says as part of its plea the fort worth Texas based company will pay fifty thousand dollars in fines and make one hundred thousand dollars in charitable contributions to to watershed groups range resources has drilled more than fifteen hundred unconventional gas wells in Pennsylvania it says it's taking responsibility for the contamination and has improved its
Oil prices rise ahead of OPEC+ meeting on output cuts
"Parsley energy is turning oil wells back on just weeks after shutting them off evidence of the shale industry's agility in responding to rising crude prices parsley is one of the first and biggest drillers in the Permian basin to announce a reversal of production
Coronavirus Relief Efforts To Help Energy Industry Stall On Capitol Hill
"How should the United States helped the energy business? The oil industry has more petroleum that it can sell. The solar industry warns that up to half. Its jobs could be lost this year and rescue efforts in has so far stalled. Npr's Jeff Brady is on the line from Philadelphia. Jeff Good Morning Good Morning. What is the president promising to do for the energy industry well? He has instructed the secretaries of Energy and Treasury to come up with a plan to make money available specifically to the oil and gas industry. It's not really clear what that means. A Treasury Secretary Steven Mnuchin says the administration is looking at federal loans for the oil industry. There's been talk of the government. Buying a bunch of oil. The Energy Department already is making space available for lease in the Strategic Petroleum Reserve and that takes oil off the market. That's pretty important now. Because there's a huge glut of crude around the world. Demand is way down people aren't traveling and part of that. Glut of oil is coming from other countries like Saudi Arabia. And there's also been talk putting anti dumping tariffs on that oil but none of these ideas have really gained any traction themselves. Maybe part of the problem is there's so many different ideas. But what does the industry itself want? And that is even difficult to answer. Because it's not one monolithic oil industry in this country. There are hundreds of companies of different sizes. They have competing interests for example. Some of them would like to see reduced federal royalties for drilling in the Gulf of Mexico Mexico or on federal land but that really does nothing for drillers in South Texas who are working on private land they might prefer government loans. A few states are taking action on their own. Texas and Oklahoma are considering mandatory production cuts. That would be pretty extraordinary. Some states are giving oil companies more time to pay taxes One of those states is Louisiana. That is where the Democratic Governor John Bel Edwards. He expressed frustration the Just last week that the oil industry wasn't included in some of these federal relief packages. Obviously that would be helpful to the industry and it'd be helpful to stay slack Louisiana That are is relying on that particular industry and economic sectors. We are at one point. Congress did consider appropriating three billion dollars Philip. The Strategic Petroleum Reserve but Democrats block that arguing that if lawmakers are going to help the oil companies they should help renewable energy
10 Years After Deepwater Horizon Oil Spill, Industry Says It's Better Prepared
"Ten years ago an explosion on the deepwater horizon drilling rig in the Gulf of Mexico killed eleven people and oil gushed into the Gulf for almost three months today. Offshore drilling is more regulated but has enough been done to prevent another accident. Here's NPR's Jeff Brady one of the biggest changes since the deepwater horizon accident is on the Gulf coast near Corpus Christi Texas at the Dockside Facility of marine well containment company with the wind blowing. Ceo David Nickerson shows off five capping. Stacks similar to the device that finally stopped crude flowing into the goal. Each one of them is about as tall as a two story building the heaviest one the largest one that we have which is over here ways almost as much as forty full-sized. Suv's Nickerson says for big oil companies. Put up a billion dollars to create the company in two thousand ten six more joined sense then. The company's only job is to respond to the next well blowout when they give us the word go. We can get offshore with the cabinet stack. Hopefully at the well capped off within the matter of a week right. So that's about ten times faster than it took the shut off flow during deepwater horizon. If they can't stop the oil right away. There's a fleet of equipment to capture it. Put it in tankers and bring it onshore ten years ago absolutely none of this existed. All of this has been built directly responsive horizon incident. This is on the response side. There's also been changes to prevent an accident including stricter regulations. The Obama Administration created the bureau of Safety and Environmental Enforcement Director. Scott on Gel recently offered members of Congress a positive view of what the bureau has accomplished. We've made our regulation safer when comparing the past six years of inspection data. We've increased the number of inspections by twenty six percent increase the number of inspections per facility by eighty six percent increase. The number of inspectors by twelve percent but before on Gel was a regulator of the offshore oil and gas industry. He was a cheerleader for it. Here he is as Louisiana's lieutenant governor at a rally praising the oil industry and taking this dig at the Renewable Energy Business America is not yet ready to get all of its fuel from the birds and the bees and the flowers and the trees among those who want the US to transition to cleaner energy. More quickly is Diane with the Environmental Group. Oshii Anna she says. Under President Trump an on Gel. The bureau is too cozy with the industry it regulates we've also seen the trump administration rolling back. Some of the far too few safeguards that were put in place as a response to the horizon rolling back things like key measures of the well control. That complex rule was designed to prevent future blowouts and give drillers detailed requirements. They must follow to safely drill in offshore. Well Eric Melito. With the Industry Group National Ocean Industries Association argues that changes during the trump administration strengthen not weaken safety for the past ten years. The industry has had a laser. Like focus on improving and enhancing NHS now. The question is whether enough has been done retired. Coast Guard Admiral Thad Allen. Was the incident commander for the government's deepwater horizon. Response the question over the years. Is it safe to drill? My answer is that's not the question because there's no risk free way to extract fossil fuels from the earth and says it is safer now but we won't know if regulators and the industry are adequately prepared until the next accident.
10 Years After Deepwater Horizon Oil Spill, Industry Says It's Better Prepared
"Ten years ago an explosion on the deepwater horizon drilling rig in the Gulf of Mexico killed eleven people and oil gushed into the Gulf for almost three months today. Offshore drilling is more regulated but has enough been done to prevent another accident. Here's NPR's Jeff Brady one of the biggest changes since the deepwater horizon accident is on the Gulf coast near Corpus Christi Texas at the Dockside Facility of marine well containment company with the wind blowing. Ceo David Nickerson shows off five capping. Stacks similar to the device that finally stopped crude flowing into the goal. Each one of them is about as tall as a two story building the heaviest one the largest one that we have which is over here ways almost as much as forty full-sized. Suv's Nickerson says for big oil companies. Put up a billion dollars to create the company in two thousand ten six more joined sense then. The company's only job is to respond to the next well blowout when they give us the word go. We can get offshore with the cabinet stack. Hopefully at the well capped off within the matter of a week right. So that's about ten times faster than it took the shut off flow during deepwater horizon. If they can't stop the oil right away. There's a fleet of equipment to capture it. Put it in tankers and bring it onshore ten years ago absolutely none of this existed. All of this has been built directly responsive horizon incident. This is on the response side. There's also been changes to prevent an accident including stricter regulations. The Obama Administration created the bureau of Safety and Environmental Enforcement Director. Scott on Gel recently offered members of Congress a positive view of what the bureau has accomplished. We've made our regulation safer when comparing the past six years of inspection data. We've increased the number of inspections by twenty six percent increase the number of inspections per facility by six percent increase. The number of inspectors by twelve percent but before on Gel was a regulator of the offshore oil and gas industry. He was a cheerleader for it. Here he is as Louisiana's lieutenant governor at a rally praising the oil industry and taking this dig at the Renewable Energy Business America is not yet ready to get all of its fuel from the birds and the bees and the flowers and the trees among those who want the US to transition to cleaner energy. More quickly is Diane Hoskins with the Environmental Group. Oshii Anna she says. Under President Trump an on Gel. The bureau is too cozy with the industry it regulates we've also seen the trump administration rolling back. Some of the far too few safeguards that were put in place as a response to the horizon rolling back things like key measures of the well control. That complex rule was designed to prevent future blowouts and give drillers detailed requirements. They must follow to safely drill in offshore. Well Eric Melito. With the Industry Group National Ocean Industries Association argues that changes during the trump administration strengthen not weaken safety for the past ten years. The industry has had a laser. Like focus on improving and enhancing NHS now. The question is whether enough has been done retired. Coast Guard Admiral Thad Allen. Was the incident commander for the government's deepwater horizon. Response the question over the years. Is it safe to drill? My answer is that's not the question because there's no risk free way to extract fossil fuels from the earth and says it is safer now but we won't know if regulators and the industry are adequately prepared until the next
Dow finishes up over 700 points as stocks notch weekly gains
"Remotely stocks in joy back to back weekly gains as Wall Street see signs that the lockdowns could be ending in some parts of the country and that the race to find a corona virus treatment is making progress the Dow gained more than seven hundred points for a three percent gain the S. and P. climbed two point six percent and the nasdaq ended one and a third percent Gilead sciences rose nearly ten percent after reporting good results from its experimental corona virus drug and the during a jump more than fifteen percent after its vaccine got federal funding the oil market continues to tank the world's largest oil driller Schlumberger is cutting jobs and for the
Oil Nations, Prodded by Trump, Reach Deal to Slash Production
"Story trump administration is considering paying American oil producers to leave crude in the ground to help alleviate the glut but his cause prices to plummet a push some drillers into bankruptcy right now West Texas intermediate crude up one percent up twenty one cents a barrel twenty thirty two developing story again we've got crude up now by one
Closing prices for crude oil and other commodities
"Customers well some of the old guard Texas oil drillers want the state to clamp down on crude oil production to stop a price collapse the biggest U. S. oil producing state has not restricted crude production in almost fifty years but a growing chorus of explorers and related industries are advocating just such a move speaking of oil West Texas intermediate UP twenty five cents at twenty six thirty three a barrel early on the Dow is up seven hundred and fifty eight
Virus spreads and car sales, energy prices, markets tumble
"A little more than four percent that's how much the Dow the S. and P. five hundred and the nasdaq all lost on Wednesday as the markets seem to recognize the depth of the economic damage caused by the corona virus pandemic in the past several weeks crude oil has fallen nearly seventy percent its biggest plunge in history thousands of jobs have been lost as US drillers go out of business home buying is all but disappeared with the shelter place in social distancing orders that's resulted in mortgage applications being off by twenty four percent compared with a year ago Edmunds dot com says auto sales crashed about thirty five percent in March I'm timid wire
U.S. shale company Whiting becomes first major bankruptcy of oil-price crash
"And U. S. shale driller whiting petroleum filing for bankruptcy protection today becoming the first possible fracking company to succumb to the crash in oil prices which are coming off their largest monthly drop ever as the pandemic is sapping demand and at the same time Saudi Arabia is engaged in a price war with
How do you prevent a coronavirus recession?
"One find oneself today in the uncomfortable position of having to explain a hypothetical the White House. Promise the president himself in fact promise that we would have details today on what is administration might have in mind by way of Corona virus economic stimulus on the not misbegotten assumption. That this virus will hit the wider economy and potentially hard. So what do we know today? We know there's talk of relief for American oil drillers. We also know that relief item number one seems to be a payroll tax cut The first thing to realize is what's a payroll tax that Sarah Sinclair. She's professor of economics at the George Washington University in the US an players are required to pay a proportion of each employee's salary in taxes. Six point two percent to fund social security one point four five percent for Medicare that's part of our taxes that we see coming out of our paycheck and pay roll according to the Tax Policy Center. We all paid one point one trillion dollars in payroll taxes in two thousand seventeen. So the idea behind a cut. That's pretty clear. Get a lot of money and a of people's pockets quickly and hopefully out of people's pockets just as quickly in the form of that all important consumer spending however come a lot of times. They don't even necessarily know. Notice that additional money because it's a relatively small proportion of their paycheck in two thousand eleven president Obama cut payroll taxes by two percent giving families in average of a thousand extra dollars to spend a year before that the w Bush administration sent straight up checks to taxpayers which averaged about a thousand dollars both designed to boost sluggish economies. Today though the big worries a little bit different Nicole. Kaeding is the vice president at the National Taxpayer's Union Foundation. People aren't going to restaurants and are cutting back on seeing movies and not going to. The bowling alley is often not because of financial constraints. It's a public health. One all that social distancing and canceled events. They met her economically. Those restaurants and Bowling Alleys and movie theaters are going to see a decrease in demand decrease in customers in the short run but economics and the economy are complicated. Ain't nothing that happens in isolation. So here's Tara Sinclair from GW. One more time if we all need to cut back in order to protect the health of our society then we do need to rely on some fiscal stimulus to make sure that our jobs are there when we come back. Here's the thing about a payroll tax cut though. That gives some people a little pause in order to get the benefits of a payroll tax. Cut You have to be getting a pay check and getting a little money over time as in a slightly bigger paycheck every couple of weeks tends not to be as stimulative as a relatively larger amount of money all at once so there is that more to come on the corona virus stimulus plan as soon as Congress and the White House. Figure OUT WHAT IT IS. GonNa
Oil crashes by most since 1991 as Saudi Arabia launches price war
"And oil markets have crashed more than thirty percent off the disintegration of the OPEC postulants is triggered an all out price war between Saudi Arabia and Russia at the opening of Asian trade Brent futures tumbled the most since the first Gulf War Goldman Sachs is warning prices could drop to near twenty dollars about let's get more on that with really big energy reporter Steven exceptions ski who's joining us from a lot of Singapore student studio Stephen good morning to you now I mean this price war what was the what was the reason for it well it really is a disagreement between Russia and OPEC in terms of continuing to cut supply or not basically Russia came to the table they've been cutting output with with pack under OPEC plus agreement after the last few years and I think you know it's it's really Russia didn't see that they were gaining which they were losing market share to U. S. shale drillers and other producers and so when when push came to shove and OPEC was deciding whether or not to cut output again longer for the rest of the year because of the drop in demand for the corona virus a Russian stuck fast in the they decided they didn't need to do that and they urge their producers to boost output as much as they can from the end of the month and Saudi Arabia follows suit and they said they would also be boosting output as well and the other OPEC members will also likely follow us now there's just a mad dash to try to grab as much market share as possible with the U. S. shale producers next up to see what they're going to be doing going forward yep city before it really starts to impact our own these countries budgets of course of Russia Saudi Arabia is still massively dependent on oil revenues will also going to be there looking to European oil stocks potentially amongst the biggest decline is when the market's actually open later this morning in Europe's even what you think oh absolutely I mean if you look at the producers at least in in Asia it's been a bit of a blood bath you've seen Japanese producers as well as Chinese and a few other companies across the board just all in the red today dropping significantly it's going to be the same when you open up in Europe in their arguably bigger producers you have shell and a number of other big players and you're gonna be looking at exactly how they're gonna be falling now with the US one thing that you could see if prices stay in this thirty dollar level for a number of weeks you could start to see actual bankruptcies in U. S. shale producers are number of some all companies that their break even costs are in about the forty five dollar level and if you see this going on longer they might either decide to just you know file for bankruptcy or they could be soaked up as part of an MNA deal by a bigger player or merge with other folks so this will have seismic effects and in the U. S. market going forward if the prices don't firm up in the next few days and weeks we'll see a very briefly on that I mean I guess with China gearing its economy back into a post virus phase potentially the Dimond could could come back couldn't there is a potential you know it China's enormous player of oil if they have the demand back and if there are people driving cars flying in airplanes that that could come back and you could see a bit of a balance but the fact of the matter is you know this coronavirus is fast spreading across the rest of the world and it was we look at the United States if there's some sort of of furthering of of the spread in the United States you see folks are driving not not consuming it could be worse than what what happened with China when they shut down so there is a bit more fear going forward I think but of course like you said the silver lining is China could be coming back and I could provide a lift as long as the rest of the world doesn't see much of a drop okay thank you so much Steven substance he that for joining us this morning but it begs energy report so they live in
As Oil Prices Drop And Money Dries Up, Is The U.S. Shale Boom Going Bust?
"All right the S. and P. Five hundred hit another record high. This week it's up almost twenty five percent for the year but but the SMP's index of oil and gas stocks. This is down more than twenty percent. It's a sign of trouble for this country's oil industry Darius Roffe on has the story some of the most successful companies in the oil business business are household names thing Exxon Mobil or Chevron but the boom in shale drilling that has helped turn the US into the world's largest oil producer that that has been driven by smaller independent operators companies that have pushed the limits of drilling technology and taking big risks on unproven oilfields today day shale accounts for about two-thirds of US oil production and nearly all of the industry's growth but many of the companies that made that growth possible are now struggling to stay stay afloat. David Dacko bomb analyst at Investment Bank. Callan says that has a lot to do with the business model of US shale. This isn't industry. The you know for every dollar that they brought in they would spend two for years. Operators focused on drilling lots of new wells very fast prioritizing explosive growth over profitability. And until now now they've been able to rely on deep pocket. Investors who are willing to pour fresh capital into the industry despite years of lackluster returns. It's a story that may be familiar to anyone. He's been following the tech industry in recent years. Dekel bomb compares it to a kind of prospector mentality. There's a lot of romance I think. Because there's always this idea of this this brand's new play. That's going to have billions of barrels of upside. And if you know you can just get in early than it will pay off in the long run. Of course oil has always been a boom and bust I industry in two thousand fourteen for instance a catastrophic price crash left the industry reeling but even then billions in new investment flowed into US shale today today shrinking global demand for oil is driving the price down once again. What's different this time around? Investors no longer seem willing to write the industry a blank check. I think now. Oh you've seen a lot of pressure of we want you to be a real business. Your cost structure is too high. You have too much that I'm not funding. You're drilling anymore with external capital. You have to live within your means without access to fresh cash. Many producers are pulling back on new exploration. The number of rigs drilling for new oil is at its lowest point in two years. That's bad news is for people like Ron Fountain who works on a drilling rig. In the Balkan Shale of North Dakota. He thinks back to a few years ago when the price of oil was over. One hundred dollars a barrel and companies. These were drilling with abandon. That's when we were still booming. There was rigs coming out every month. We couldn't keep up. There were so many so much work going on today. Though with more and more rigs sitting idle life has become uncertain for fountain and his fellow. Drillers we went from having you know three year contracts to well to well contracts which means you drill one hole and if you did a good job then they'll give you another one or may drop you and we gotta figure it out from there and he's not the only one feeling. The Pinch Halliburton one of the biggest players in. US shale drilling has laid off nearly three thousand workers in the Permian Basin. The country's trees most prolific oilfield employment has almost completely stalled out. That's after going more than eleven percent last year. Meanwhile many of the smaller producers who loaded up on debt are struggling to pay it back leading to a wave of bankruptcies more than three dozen so far this year all of this adding up to slower oil output data from the department energy shows that production was flat in the first half of twenty nineteen after growing more than twenty percent last year in theory as production slows and supply shrinks. The price royal should go back up which could provide a much-needed boost. The question. Says Ron Fountain is how many companies will be able to survive. Until then I think as an industry we're we're GONNA be okay but I think there's a lot of people That are kind of holding their breath.
Gas driller becomes climate-conscious farmer
"I'm doctor Anthony License and this is climate connections fifteen years ago. Michael Co batch was drilling L. and gas wells in western Pennsylvania but the boom and shallow production made it difficult for his small company to compete so we switched to farming these days likewise today I feel like I'm doing my bit to make food better make soil better make animal welfare better all those things Climate connections is produced by the Yale Center fern buyer mental communication learn more at Yale connections dot org
Baker Hughes And Two Months discussed on KRLD News, Weather and Traffic
"Oil drillers and traders are betting there won't be a recession drillers increase their activity on U. S. oil fields for the first time in almost two months Baker Hughes as active oil rigs went up this week by six to seven hundred seventy the rig count went up along with oil prices
In the Permian Basin, A Fight for Anadarko
"The battle between Chevron and Oxydental for Anadarko petroleum is a fight for more control over the lucrative Permian basin in west, Texas and New Mexico. Joining me now, the escape from Houston with more on what's at stake. Is Wall Street Journal reporter Rebecca Elliott, Rebecca, let's get up to speed on. These rival bids between Chevron and Occidental lots been happening in the past few weeks. Anadarko is now considering offers from both of them. Yeah. Exactly. So and Darko is currently considering bids from both accidents and Chevron Chevron made the initial deal with Anadarko earlier Nate brawl, but Occidental responded with a higher bid and has even changed the terms of that did as recently as yesterday. And so it's still in the hands of the the dark board at the moment. And let's talk about the Permian basin. This is an area where growth has really exploded. Added and a statistic you have in your piece production. They are now makes up about a third of the United States. Crude output, that's an enormous amount. What has fueled growth there? The Permian is so attractive for shale drillers because it is the least expensive place to produce oil by fracking in the US. And so as shale drilling has taken off producers have can afflict to the Permian as a really attractive place to be. And it is so prolific because it is both incredibly large spanning much of west, Texas and eastern New Mexico and also because it has these layers of oil bearing rock stacked on top of each other that allow producers to reach multiple layers from a single spot on the surface. So big oil companies are definitely a. Presence in the Permian basin including Chevron and Occidental, but they're also plenty of other smaller players there to how has that composition changing. So the smaller players were really the ones pioneered horizontal drilling and hydraulic fracturing in the Permian. They were the ones who experimented kind of signed tuned. How to produce oil there and more recently, the majors like Exxon, Chevron have stepped in and tried to be fought their positions, as you know, it's become more advantageous to have scale in the Permian. And it allows you to optimize a lot of the logistics associated with oil and gas production. If you are bigger have more continuous acreage. And so we're seeing really a push to to get bigger right now, and how would Chevron or Occidental acquiring Anadarko change the makeup of the Permian. Listen, even more so Anadarko 's acreage is kind of in the middle of both Occidental's and chevrons acreage. And so for either party acquiring the company would give them more of a foothold allow them to increase production, and they both say achieve the kinds of efficiencies that you get with being larger. That's Wall Street Journal reporter Rebecca Elliott joining us via Skype from Houston with more on the Permian basin. Rebecca, thank you so much. Thanks so much for having.
Healthy Living: Eating Antioxidant-Rich Foods, Not Supplements, A Good Preventative Measure
"He's not gonna increase your risk of diabetes, in my personal opinion. And finally. The American drillers clinical nutrition, vindicates eggs, the articles entitled unscrambling get it unscrambling the relations of eggs and meat consumption with type two diabetes risk, and what they conclude is that because of flaws in previous studies when they looked at egg consumption there were also looking at consumption Volkers other junk, but if you look at eggs alone. In these studies. Exelon were not the culprit he'd causing type two. Diabetes. Speaking of diabetes. There's a story out and kind of critical of the story. But here's the pitch. Millions of low risk people with diabetes, maybe testing their blood sugar too often. We know that in type one diabetes were you need insulin. You gotta check your blood sugar all the time because that's the key to win you need additional doses of insulin or increasing or decreasing or insulin. And of course, fending off hypoglycemia by eating something. So get it type one diabetes, but in type two diabetes sometimes people finger stick as to what they say here. For people type two diabetes testing blood sugar levels becomes part of everyday life. But a new study suggests that some of them tests
"drillers" Discussed on 860AM The Answer
"And in two thousand five or collapse of the housing market. This Bill gang Beller was on it and nobody else was predictably predictably when he was on the money with were talking in two thousand five he was talking about Al teaser rates with a mortgage isn't the whole thing was going. And I know what time it is. Now, I said in January extinct the correction has started. And here's what's funny. These experts on these financial TV shows you ever noticed. Aftermarket crashes or correct this year. Okay. Special tonight. We're gonna have all our expert shot and tell you why crashed. Well, one of the better at they said like a week earlier or two weeks earlier, we've got our experts on tonight. We're going to tell you within two weeks. We're getting a correction would that be better know, they always bring their experts on after crashing tell you why as crash give an example, let's talk about the oil service oil. They're blaming one of the reasons they're blaming the market. It'd be the rally today was for oil prices are so low that is ridiculous. That is ridiculous oil prices, they go. This low is a bad thing is not a good thing. You are precious higher. Oil prices means the man higher oil prices. Being our factories are churning our businesses their journey. We're shipping. Our trucks are on the role. We diesel fuel. Our ships are container ships. They need diesel fuel. That's when oil is in great demand with the economy's doing what? But what did we get told? They take parking space their whole royalist down. That means people are going to have more money in your pocket. No, not just major oil prices down the slow that want more than either gonna wake up and see their neighbor not going to work. He's out of a job because when oil prices down people start getting laid off starts with the oilfields show. My point is they're all talking about it now on these financial shows. Yeah. Tell you all about the oil prices all the drillers servicers. You talk about all those little late. We start a short. We saw in October. We started with rake. And you can go to my site Phil's gang dot com, and you can see all the returns, just go to Phil's gang dot com. And go to where it says the. Let me put up here for you. To go. Okay. A new place for anyways. I'll get it for you. Here we go. Here you go. Go to my tools bought my toolbox. Just it says right here MVP to return. Okay. There we go. Okay. I finally got it up. Thank you. Sorry about that. Okay. Go to Phil's toolbox. Scroll down. And it says my MVP to returns click on that. And you'll see a returns, and you go back, and you start looking and go look at rig, for example, how come they're talking about oil rig. You should be you should be getting out of oil. Now. Wait a minute. They're telling you now we start a short rig if you look at if you look at it. We started a short rig it was on October sixteenth. Our chart show. That's my MVP to color coded technical chart turn from green to read. It told me the institutions were pulled her money out of rig out of rig driller. So we sold short. Rig went down about was about twenty percent of my recollection is right. And then we also did. We also get another one the same day it was rig, and we also did. Yes. We did slumber J, and we did one more. We did. Oh, I h I h so we did a so we did that we we stuck with our drillers and refiners and refiners drillers, and we stay short, and we got an average return and that group of twenty percent. We're still are shorting. So those stocks today you got to learn to short with oil prices going down. This is where you wanna be. We'll.
"drillers" Discussed on WSJ What's News
"Losing nearly a third of its value in seven days at its peak late last year bitcoin was near twenty thousand dollars. But amid the recent volatility bitcoin is getting a vote of confidence in Ohio this week as the state begins allowing businesses to pay their taxes with the crypto currency, certainly skeptics will say bitcoin isn't real money because you can't pay your taxes in it and paying taxes sort of like, the hallmark activity of occurrences. If the state will accept it for taxes that is about as big a stamp of jalousie as you can possibly have Wall Street Journal. Reporter Paul Vena has the details. But first here are some other top stories. We're following President Trump is again threatening to close the southern border and calling on Mexico to send migrants trying to reach. The US back to their home countries on Sunday US border patrol agents used tear gas to disperse migrants in Tijuana rushing for the border fence migrants, say women and children were affected. US officials say the incident is being thoroughly reviewed. General Motors has announced plans to cut thousands of jobs in North America and end production at three factories as it phases out several passenger car models. The job cuts include more than eight thousand salaried employees and potentially another six thousand factory jobs at the facilities ceasing production. Next year GM says the steps it's taking will reduce costs by four and a half billion dollars. By the end of twenty twenty falling oil prices this month have shale drillers concerned they'll have to cut back on production. Prices have fallen more than thirty percents since October on Friday, the price of light. Sweet crude for January delivery closed at fifty dollars and forty two cents its lowest level in more than a year that's reminding shale companies of twenty four teens downturn..
"drillers" Discussed on 860AM The Answer
"To six four. Now. Here's bill. Yesterday. I said I would offer again, I want to because the thanksgiving that I would open up a new group which I started yesterday where you get my color coded chart three. This is a fabulous time to get it. Because that is how we do. Well, shorting the stock market. It gives us the best algorithms that tell us when institutions are pulling their money out. So we're there too short example in October. If you look at all of our builder, stocks, we were averaging as the Mark is the builder starts collapsing. We're averaging over ten percent returns. We also all the oil stocks oil service, stocks all the drillers those stocks were averaging over twelve percent returns all using the MVP to color coded chart where you haven't gone to do anything. So I'm gonna give it to you free for for a month for thirty days because this market is gonna clap has been collapsing. We just wiped out the whole year of gains. So you wanna be ready? You don't wanna miss us opportunity because again every shade. No that we had nine hundred twenty nine nineteen twenty nine crash is here on this economy. Nineteen twenty hours. The only time that we had a situation where the signals were so bad that we had such a huge crash in the same signal tree here now today, so I'm opened up a new group yesterday and keep it open today. Okay. So the numbers eight eight seven seven six hundred gang and eight seven seven six hundred gang. Give a call you thirty nine ninety five to join a gang, and you get the chart free. And then you just wait for my allergic Woodstock to sell short. And when the when the. Chart turns red I'll tell you exactly when you sell short and as long as the stage read the algorithms will track the money. Okay. This is coming out of the market or an individual stock. The best thing to do is just watch your short the overall stock market short, the spiders, you can simply do that by buying what they call an inverse.
"drillers" Discussed on WNYC 93.9 FM
"Says jackie savitz with the environmental group oshii anna he's clearly been proactive in meeting with the industry and addressing its concerns and it doesn't seem like you know he sees the other side as something that he needs to be invested in on shell and bessie declined npr's interview requests but in a statement the agency says on gel is laser focused on safety and that is not at odds with also focusing on robust production still on gels meetings with industry led to a series of regulatory changes there's talk of combining bessie with another agency that manages offshore leases and strict requirements aimed at keeping offshore wells from blowing out could be overhauled besse's first director michael bromwich says that rule took six years to develop the regulated industries having too much influence in reshaping the regulations to make them less onerous less costly in some sense but also less protective of safety and the environment the industry rejects that argument randall lucy is president of the national ocean industries association which represents offshore energy companies no company wants to have an accident there is no economical bonus no economical reason that helps you if you have an accident safety and good economics go hand in hand luther says the tragedy the deepwater horizon accident and the sixty five billion dollars it cost be made the industry more safety conscious he says offshore drillers don't need a heavy handed regulator to ensure companies won't make the same mistakes again jeffrey npr news.
"drillers" Discussed on KDOW
"So doing well we have right now you should stay try to stay with the oil refiners the oil refiners are always doing better than the regular if you if you're buying energy stocks like exxon or bp or chevron you should go again and go with the drillers you should say gold you wanna go with the miners you don't want to go with the bullion and oil you wanna be with the drillers you wanna be with the refiners like as a great is a great one matter of fact miro marathon miro we purchased marathon oil i think we we bought marathon it was somewhere i just look quickly look to just to make my point we're up about thirteen fourteen percent right now we bought marathon around i think we bought it right around i think it was around march twenty first and we have about thirteen or fourteen percent gain so i told my gang members yesterday just matter of fact friday last friday said police are taking profits and guess what since since friday marathon has gone up much so oil starting to get a little tired another great refiner that you can buy besides marathoners valero that's another great refiner trying to stick with refiners.
"drillers" Discussed on 1070 The Fan
"It's not it's different object of oklahoma drillers to kill the man of cross from you basketball games to get the ball in the hoop the object of michael jordan's life is to destroy people that's dominic foxworth by davis body joe check out the right time we're gonna do this day twice a week here remember subscribe to the podcast on apple podcasts at at the espn app or anywhere else that you can give podcast in please rate and review the podcast especially if you like it if you don't like it don't be a hater let us celebrate you guys next week take it easy thanks for checking out the right time with bomani jones podcast you can listen or subscribe on the espn app apple podcasts or every listen to podcasts the right time with bomani jones everyone knows the national debt is now over twenty trillion dollars what happens next rising inflation drops in the dollar's value some experts say another crashes coming what will be left of your investments for your children and grandchildren you can fight this not with stocks and bonds but with gold and silver coins in an ira from augusta precious metals during periods of great volatility precious metals regularly outperform stocks because they are true wealth assets that have real value during the threeyear recovery period after the two thousand eight crash fidel went only three point five percent while gold more than doubled in price call eight eight eight three four four zero zero nine four and ask for augusta's guide to gold ira's and learn how an ira backed by physical gold and silver can hedge against inflation and build a truly for your family regained control of your financial destiny call augusta precious metals at eight eight eight three four four zero zero nine four to get your free gold ira guide call eight eight eight three four four zero zero nine four today.
"drillers" Discussed on WWL
"Cbs news this morning he clarified that he's speaking in a personal capacity he is not speaking for president trump it's been a week of the white house the president's chief of staff assuring west wing staffers that their jobs are safe at least for now john kelly himself also the subject of rumors his possession may be in jeopardy and there are whispers about the fate of trump's national security advisor hr mcmaster and the veterans affairs head david schulkin going is slow as crews tried to dismantle what's left of that collapsed pedestrian bridge at florida international university this miami dade polices one peres it's nothing that we can use to lift because it's too much weight and right now some of the pieces on stable so she's going to break apart so right now we're just tipping away trying to lift combination of things the death toll remains at six it's feared it could go higher the russians expelling twentythree british diplomats from moscow after the uk gave twentythree russians the booth over those nerve agent attacks on a former russian intelligence officer and his daughter prime minister theresa may calling the attack a breach of international law we have no disagreement with the russian people but we will never tolerate a threat to the life of krishna citizens and others on british soil from the russian government from the streets of new york to the waters of chicago americans are celebrating saint patrick's day the bagpipes making their way down fifth avenue in manhattan drillers in chicago turning the river green using a powder di that we use was used for leak detection in large buildings so he thought it would be a good idea for saint patrick's day to put this die in the river to.
"drillers" Discussed on WTF with Marc Maron Podcast
"Uh they were the first oil drillers in oil said he pennsylvania and my grandmother was phenomenally wealthy woman uh was chaperoned lee suits and silco's and and um and then one day when my father was very small and he had a brother a sister and his father was in business with his brother uh the the two men were at an oil site and they pulled with you know they pull with mules the the rigs like lincoln giant behind of up to the oil site era and they were dropping the nitroglycerin into the well and it blew too soon and my grandfather had gone back to the house he was sick uh and he went back to get a sweater and while he was gone the well site blue and killed everyone at the well his brother the your calls the people who were up there was this horrific accident and come a few months later my grandfather died of pneumonia and i'm sure grief real and because in those days nothing went to women the oath of women had no power the business went to the eighteen year old son of my great uncle uh and apparently the legend has it that he drank in gambled it all away within a couple of years and so my grandmother became destitute while from being extremely wealthy and my dad who was four and his little brother who was three were given away and grew up in people's barnes doing their chores really 10 my grandmother took her daughter and moved into the sanatorium down the street and became the and nurse in the sanatorium and launder us a anza for the mentally ill people it so odd to hear just people giving way their kids to workplaces there is nothing to do in those days you know that was the depressionera right newest pennsylvania which i i forgive how i don't forgive i the home of people know how rural that is coalmining the ah uh erie lackawanna railroad yup.
"drillers" Discussed on MyTalk 107.1
"The fact that these people were survivors site how at the end i live they all deserve a medal you live you will see thursday congratulations it was really impressive watch very cool i have yet to watch anything but i i one under watch them skating i think and we down islamovic skating is done but you might wanna jump on it i know that ryan is watching curling little funny mockup of curling this or that was that was gravely other ladies they are they beat the the curling a team from great britain yesterday the america it was a good match his down with those losers currently talk trashing curling do they know it's a very friendly sport demean the tradition is after you finish your match whether you win or lose you'd get a drink with era with the people he's played with the aid pearson table and the winners usually by the first pitcher oh sought to vary at night and then he just be asked each other affairs rain mary friendly and neil young you here's from the skip saying girl herve swear nino well what what will um the enters in the you just had aside what is who is the skip skipped is the guy at the end of the or you're the end of where you're throwing the the stones whose mcconnell the shots on your rivalry no easy part of the teams like the hack day is there a reference there it's pre curling has various self govern like even i've had situation where i kick a stone accidentally on the ice and then we got to ask okay i do on puts us here and they're like that can be like now it's fine teams yeah you four that every man for himself 44 finally and then uh you know an yeah the skip is lagging the captain he's making all the calls you want you want you on it you wanna hear a what what crowe he's all about yes idea rioters olympic drillers while other olympic athletes push the limits of human endurance by going faster farther than anyone else in history you push your big flat rock across the ice while wearing here's three choose and act so humble would normally be two humiliating for any libyan to endure but not you.
"drillers" Discussed on Hollywood Babble-On
"I didn't see oven i'm drillers all tom hearty the movie i liked them i liked him talking into the cup better than i liked him in the venom trailer of him in the mori machine it was more entertaining i think i mean i'm all for like hey we're seeing footage cheese real it's a teaser boo you can't call the movie veneman not show get don't moving till you may be have some more movie to tease seem like they were short on footage they released its sony released footage of venom if you don't owe venomous khartoum spiderman sort of a symbiotic alien creature that becomes in the spiderman comic spiderman went to the secret war 's in space law the moral heroes and he went from having his costume to having a symbolic costume which was the living organism which may give black suit look real coma comics than the him in the simba started to defer and and he won't is like i don't want this shift and he got rid of it and so the simba the connected to eddie brock instead it was arrival photographer at the daily bugle and he became the bad guy venom who has won loved so much and comics that he became something of an anti euro right so he want for being like 'spiderman's graders animates like hey he helped people get outta jam visa apply monster total yeah so there's been question about how do you tell the story like can't tell the weather told the comics unless you do the secret war story so everyone was wondering how the foxy going to become venom and they showed the symbo in the in the trailer ranked trapped in the glass jar look out about us that's the only part that look bad ass.
"drillers" Discussed on WPRO 630AM
"And it turns out that this thing has generated huge amounts of money but everybody in the system off from the drillers to the transport is to the users and in his increased environmental safety so it's a double win said all that at the time richard that's what's maddening about this canada said it you said it it was said coast to coast obama didn't listen if obama look i've known the man for a long time he never listens to anybody i mean what he does this sort of had i don't know if he's still have this kind of mystical assurance that if he thinks hard about a problem he will divine the right answer uh but the great weakness that he had it was all by into wishes um as an undergraduate i don't think you spend any time in a systematic study of anything whether it be math chemistry physics economics or whatever and if you don't do that then it affect you rely on intuition and it's really easy to make autobiographical statement set a bad into wishes and it's act that's one of the problems with donald trump he doesn't like international trade because some of those international trade is about international trade when we come back richard i've seen it over institution the american economy is growing it's a machine it will continue and richard as laid out why so let's talk about what can go wrong the black swans in the future i'm john batchelor this is the john batchelor show lidee cheaper business the cheaper better communication service whether or not drummer.
"drillers" Discussed on KNBR The Sports Leader
"The with them but stuff trickles down and you either want to pay more attention to it or you just summarily dismiss it so i thought ron rivera did a nice job with the richardson questions jerry jones on the other hand in knots of shores let's take a listen to what he had to say i'm sad i'm very say jerry lewis is horrible really drillers had it was a really outstanding man at football that i've ever met and i really admire i i know that he the ideal fashion he warned and he took a leading may in a short time and pro football and turned it into a growing business in them use that to get the carolina franchise so he's a great story so i don't know if at any point he addressed the alleged victims i think with you wanna say oh was nice things about your friend okay but say if these allegations are true that's not a good thing that he was doing in uganda at least a drag you can't just go on a fullblown jerry richardson the greatest guy i've ever known math doesn't come across well you said is really really sad for jerry richardson much said for the folks who were subjected ryo subjected to his behavior yeah so i don't know if he did any point but i haven't seen that yet and it certainly didn't hear it there where you were really really really really listening gear cherry jones probably thinking or he'll moon i got i got make sure i've.
"drillers" Discussed on KKAT
"These of video clips of past presidents saying that they're they support drillers jerusalem is the capital of israel and doing this because as i have been observing media democrats some republicans but phonies or as i've been listening to them talk about how trump's going to get us killed and he's going to get other people killed in these and he's going against custom and all the rest of it it is important to remember what these other presidents who said especially when the running for office so just take a listen to this montage respecting clinton bush in obama during their first candidacies for president cut seven go jerusalem is still the capital of israel and must remain an undivided city accessible oil as suzanne take office i will begin the process of moving the united states ambassador to the city israel i continue to serve it jerusalem will be the capital of israel and i have said that before and i will say to they all lied they all lie they never intended to move the embassy and you must recognize jerusalem as the capital of israel if you're going to move the embassy clinton lied bush forty three lied and obama line i mean that's pretty compelling don't you think none of them had the guts to do what trump did none of them nikki haley who is the jeanne kirkpatrick of our time for those of us remember her jeanne kirkpatrick at the un today cut eight go israel like all nations has the right to determine its capital city jerusalem is the home of israel's parliament president prime minister supreme court and many of its ministries it is simple common sense that foreign embassies be located there in virtually every country in the world the us embassies are located in the host country's capital city israel should be no different the united states took this step in full knowledge that it will raise questions and concerns far actions are intended to help advance the cause of peace she said more than that cut nine go i will not let this moment pass without a comment about the united nations itself over many years.
"drillers" Discussed on WBT Charlotte News Talk
"Video clips of past presidents saying that they're they support drillers jerusalem is the capital of israel and i'm doing this because as i have been observing media democrats some republicans but phonies all as i've been listening to them talk about how trump's going to get us killed and he's going to get other people killed in these and he's going against custom and all the rest of it it is important to remember what these other presidents have said especially when the running for office so just take a listen to this montage respecting clinton bush in obama during their first candidacies for president cut seven go to rusell lome is still the capital of israel and must remain an undivided city accessible oil is to take office i'm begin the process of moving the united states ambassador to distill the israel until you describe it the jerusalem will be the capital of israel and i have said that before and i will say that they all live they all lie they never intended to move the embassy and you must recognize jerusalem as the capital of israel if you're going to move the embassy clinton lied bush forty three lied in obama lie i mean that's pretty compelling don't you think none of them had the guts to do what trump did none of them nikki haley i who is the jeanne kirkpatrick of our time for those of us remember her jeanne kirkpatrick at the un today cut eight go israel's lights all nations has the right to determine its capital city jerusalem is the home of.
"drillers" Discussed on KNBR The Sports Leader
"Two what's happening thanks drillers missed it giancarlo stands said no thanks to the giants so that you will not be happening in the giants released a statement that they are no longer pursuing that angle uh otani goes to the angels tommy's vibe mortgages were to the wrong teams sylla over two and a where they go from here will get into a little bit later on in the show the a warriors have the pistons they try to go to six in o on a road trip the first time in history they did go six now than they lost milwaukee it was a first lost the eur two years ago him in 2004 in one they lost to the bucks who had 6 in one in rhode ship them number on six and on richer part is that by the way elliot only 10 other teams in the history of the league of done that i would know that's nuts i may have had an no six road trip on my backpocket somewhere did play for the clippers so let's let's get a sucker uh eight is drink more udf yeah i dislike this thinks it's it's it's not it's not fun but you know what you plan in the nba in give a nice though get ready for good card game on the plane as true but it's not fun they'll fun going to uh going to the gym practice in when you've lost three or four in a row and not on other we've lost we lost six in rhode island surprised by the they had 25 wind zeros air something like that but we know that super impressive and it'll be an even more impressive and they can complete the last two legs without steph curry uh connects to be a tough one detroit's implants pretty good ball uh them they're good at home and they beat.
"drillers" Discussed on Bloomberg Radio New York
"Oil drillers are keeping pressure on opec energy information administration projects she'll output from the permanent base in texas and in mexico will rise to a record two point six million barrels a day next month conflict in opec's efforts to support prices neil laugh concern is head of the oil industry and markets division after the iaea it seems like if they wish to retrieve the reduction of oil stops down to the fiveyear average they're going to have to begin for the low hole rebalancing is a stubborn process is taking time and checking prices now was texas intermediate's eased trading down excuse me trading up a tenth of one percent that is eight cents a barrel to forty seven sixty seven brent crude trading of by a tenth of one percent six cents a barrel to fifty seventy nine shares have synchrony financial gain 44 percent in light trading yesterday after were that warren buffett built a stake in the company and the second quarter according to regulatory filing berkshire hathaway invested five hundred twenty million dollars in the credit card company that was spun off by general electric two years ago berkshire's filing also showed it exited it's investment inch e e which have been worth about three hundred million dollars big bang are ploughing money into ventures that are trying to disrupt their very industry bloomberg's john tucker joining us live with details now good morning john you can't beat him join of goldman sachs is invested in about fifteen socalled fim tech firms this year wall jp morgan has been our mine this according to.
"drillers" Discussed on WIND 560 AM
"I i know it's you know i will say this i said it before i don't have anything against these oil petroleum exporting countries but they're not our friend they're definitely not looking out for us and these franc urged or us oil producers continue increasing profits by the way by just learning how to cut their costs are just getting better at making oil out of these rocks however many analysts believe the low forty dollars drillers could be forced to stop their operation so then so then you wonder you know can opec continued to extend this agreement when it comes do it in february well in you know the thing about opec their track record is really poor you guys and i mean you know think about all the agreements they've backed out on and it's gonna be really difficult because shield production is reducing their influence opec's influence so if they don't extend the agreement we're going to see a huge amount of extra boyle hit the market next year while what's what's interesting guys as opec is kind of stuck between a rock and our place because our if prices rice all it does is encourage more american fractures to get involved in palm oil and who do it better and cheaper asking to drive down prices so i know for that misconduct and noone situation and here's the thing you know gas usage in the us as town solar energy is more available in less expensive and there's innovators out there yvonne muss with tesla is doing amazing things storing solar energy.