Transcripts For FBC Mornings With Maria Bartiromo 20170828

Oil and gas this morning, you have a drop in oil prices. Gasoline prices have hit a twoyear high following not storm. Futures are showing this common stocks to start the new weekend. 18point loss on the dow futures come a loss across the board. In europe, stocks are heading lower as well. Losses at the biggest loser being the dax in germany. In asia overnight, markets mixed. We had games on the hang seng in hong kong and shanghai 1 . Breaking down the board vote in the richer task of juggling faces a hard. So much more this morning. Come and morning. Come and enjoy the music pollster ed the same ski partner and editor we will be breaking down the business impact. A lot of terrific guest coming up this morning as well. Retired Army Lieutenant general Hurricane Katrina joint Task Force Commander russell honore. Retired Lieutenant Colonel allen west and attorney general of texas, ken paxton. This gentleman will all be here. Right here right now, catastrophic flooding in houston. Tropical storm harvey dent 30 inches of rain in the last 72 hours with even more dead this week more expected as this week the sun. The fourthlargest city to flee by boat or hunker down for what is expected to be several more days of unprecedented rainfall. Jeff flock is live in houston now with the very latest. What are you seeing . Still dumping rain as we speak. This is what all of houston looks like. Almost all of houston. I tell you, mrs. Floodwater not just sitting there, like even katrina, once the water god income it was just sitting there. This water is rushing good look at this. This is what they call a Buffalo Bayou off to my right. This is water rushing out of that. They are now releasing water from two reservoirs because the dancer in some jeopardy. They are having to release water to raise the flood found in this area because if they dont they lose the them if they lose that, even more homes go. Take a look over the weekend. This is crazy in houston has this blew up. A little like katrina in that you had this dorm, it was bad that he saw the damage take place on saturday, but on sunday when finally the levees broke, there is no levee break, but just the dumping and dumping of water. That is what we are dealing with right now and we are still getting it. As you know, the track of the storm is such that it going to go back out over water. Still pulling moisture and dumping it in houston in houston has been ground zero on this. You know, it is overwhelmed local authorities and authority for the federal government. He cant rescue everybody. A city of 4 Million People cant rescue everybody unless people start rescuing themselves and help others rest to the ones in jeopardy. That is what its been happening in houston that will continue throughout the day today. Its not a hurricane. Its a Tropical Storm, but we still get wind blowing through the trees here. This thing just wont quit and we are throughout the day going to be driving around houston, giving a different snapchat. Three different locations we will continue on. Interstates are shot. Well give you pictures all morning. Dagen jeff, thank you so much for that. Please be safe. Well be checking in with you. Reporter oh yeah, no worries. Dagen the army corps of engineers has started a controlled release. This is to prevent teams from breaking. A greater flooding of the downtown houston area, but it does mean homes on the western and northern boundaries of these reservoirs will be due for more floodwater spare. We will cover that developing story as well. Joining us now from baton rouge, louisiana, former Hurricane Katrina Lieutenant General russel honore. Lieutenant General Committee responsible for coordinating military relief efforts for Hurricane Katrina impacted areas across the gulf coast back in 2005. Some of the rescue efforts in houston certainly were called out. Helicopters landing near flooded freeways, rescuing people stranded on their roofs. What do you make of the response effort youve seen so far . Well, it is dynamic to say the least. That is why they call it a disaster. Mother nature in this case over mast with windfalls in subsequent days after landfall they could get progressively worse because the amount of rainfall. But the rainfall and wind, helicopters can fly very much from what Aerial Search and rescue mission, things are starting to get better with the windows down in the rain stops. For the next few days, its going to get worse because says the infrastructure, more people underwater and now shifting over to louisiana, more National Infrastructure is involved. It will get worse before it gets better. At the same time, the Good Samaritan, citizens have stepped up and after every disaster, more people are saved by neighbors and citizens than they are by First Responders in that model was that way in katrina, the navy saved over 5000 people and Good Samaritan brigade over in texas doing the same thing. It will take time because youre talking about tens of thousands of people underwater by tomorrow. Dagen general, you are right. We cant say enough, cant communicate enough these volunteer rescue forces throughout the state of texas right now. In terms of the federal and state efforts to rescue people, to help people out of harms way, have any authorities in houston, in the state couldnt even the National Level reached out to you for guidance on this . What have you heard from them . I think youve got to scale it up. Americas got a lot of capacity. We have 40,000 National Guard troops in katrina. General blum, commander National Guard, 40,000. We have 20,000 federal troops, over 245 helicopters on day five. The Airborne Division as well as first army in the u. S. Ships. Theyve got to scale it up. I know Business People understand that term. The military and fema have to scale it. The continued wind and weather is challenging than the local airfields are closed, but they will have to figure out a way to get in there as quick as they can because right now this is a big area, a lot more people they could bring up in the challenge is going to be bigger. The elevation is three feet. I learned about the shinier refinery they are. It was built after hurricane rita and most of that area flooded as well as the big plant up in westlake north of lake charles under construction. Thats an 18 billion plant in all of that area, just a few feet above elevation. This is a Significant Impact on our infrastructure, Energy Supplies in the People Living in and around those plants are most concerned about it. Dagen kevin kelly has a question for you. But as you pointed out, houston, the force largest city in the United States, but this city covers an area that is bigger than manhattan, chicago, philadelphia and San Francisco combined to give people a sense of what authorities are having to grapple with. All of those people out there whether from the state, federal government and even volunteer rescue efforts. That is how big this is. Lieutenant general, im interested on your take on how long will it take for the infrastructure to come back online, to help service and support the area. As we talked about, houston is a big Energy Capital of the world. What can we expect timewise for the infrastructure to come back . Its cannot be a while to get the electric grid. A lot of these rural areas did not take the grave doubt. You watch over the weekend transformers popping. When that happens, the entire system has to be built. That is going to be the driver of when people can get back. Guild members, 40 of Small Businesses dont survive these events because the grid doesnt come out, they dont have the workers of the people they used to work for not open. The quicker they can find a model, the quicker people can get back and get the schools. Weve got to find a different way to join. The model weve got now doesnt work. We are just recovering from the storm in louisiana in august and it takes too long, to cover so you got to find a different way to do it. Dagen great to hear from you this morning. Thank you so much for what youve done, for the people of louisiana in this country. Thank you for calling in. Spin that god bless texas. Dagen god bless texas indeed. Nearly one quarter of your cell production offline. The Energy Sector is bracing for the fallout of what it means for every american. Uber ceo surprise, who will now lead the Ridesharing Company and batmans challenges are ahead. Dispatcher 911 emergency. Caller my husbandhes having trouble breathing. 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Theres really three areas of concern. The first one is crude production, theres an outage is there. Thats really not the issue at the moment. The eagle for production, offshore production. Its the refining you alluded to that is the issue right now. Maybe 11 of the refining i would expect to see a little weakness in the namebrand crude wti. Dagen that is what youre pointing out this morning if you have a drop in oil prices down about 1 to 47. 33 a barrel. Make major spike in gasoline prices. One of the interesting aspects is we have a Million Barrels per day. How does this impact our experts now . I would expect to enforce majority. Where we will not be able to export what we would expect team. What does that do for the world . It means at the moment the world gets a little shorter. People will be scrambling and i would expect to see the price of international crude to move up a little bit. Those are shortterm effects. Dagen really quickly before we have to let you go, rick, what about the stability and the structure of these refineries in and around the houston area . Are they in better shape to withstand this kind of flooding since maybe rita hit the city 10 years ago . I think so. When they were heard coming refineries after they rebuilt common they put it up 10 feet in the air and electronic flooding of the electronics that damages. They are made out of steel. They are not going to get not over. You have to have the computer is working and compressors. I have heard many refiners have done that, but not all. We shall see how that plays out. 12 years ago when it hit the region. It was great to see you. Rick joswick, will be interested to hear from you in the weeks and months to come. Thank you so much. The catastrophic flooding and showing no signs of slowing down. More rain in the forecast. Fox news senior meteorologist janice dean and the Weather Center with the latest. Thats what i was saying all morning long. This storm is not over. No, unfortunately we are dealing with this system perhaps past labor day in the houston area set to take on more water and fortunately. We have seen epic amount of rain, 27 inches of rainfall in just a matter of days. In some cases we sell four to six inches of rain an hour and that this rate we have surpassed what Tropical Storm allison brought on the houston area in 2001. That is their gauge of the worst flooding theyve ever seen, surpassing this with harvey. Tornado watches in effect east of the houston area. A thunderstorm warning moving in towards louisiana. The good news is that tornado threat diminishing for houston not over including galveston and now stretching in towards louisiana. The take away here is more rain in the forecast for the area of low pressure, expected to move into the gulf of mexico. We could see the storm strength and a little bit and bring potential for more heavy downpours over the next 48, 72, 100 hours across Southeast Texas. Obviously flash flooding is imminent right now for coastal texas stores the houston area, and allison, also want to point out we are focusing on houston. Other cities north, east, west of the south are receiving receiving record amounts of rainfall. This is something weve been talking about. The National Hurricane center has been spot on when it comes to putting the output of how much rainfall we are going to get in the thread here, dagen, lack of stealing. Nothing will pick this arm up over the next couple days am not a sphere the rainfall will come. Dagen thank you so much for your reporting since the end of last week. Janice dean, we will be right back. Its time for the biggest sale of the year with the new sleep number 360 smart bed. It senses your every move and automatically adjusts on both sides to keep you effortlessly comfortable. And snoring. Does your bed do that . 36. Of our biggest sale of the year where all beds are on sale. And right now save 50 on the labor Day Limited Edition bed. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. To lift a controversial ban on some surplus military equipment to the Police Department. The new plan would repeal an Obama Administration executive order blocking the president such as Armored Vehicles from being sent to Police Departments. Finally, the board has reported the name expedia chief executive, as the new ceo. All of this supposedly happening last night. Reports say he was named by the board over former ge ceo jeff arnaud meg whitman. Since 2005 there is a 10 year expedia stocks to watch on the site today. Dagen thank you so much, cheryl. Khosrowshahi, kevin kelly. Being that they needed to do something and they needed to do it immediately. Last week a lot of the worlds biggest investors broke down their value. Turning to mutual funds about 15 reduction. They also burned for 600 million last quarter. They need to raise more capital, how to do something immediately especially because they are taking on alphabet in the legal battle. They need strong leadership at the top. Look at the names they have and they were they actually got someone who has performed and has great experience. I dont feel like theyve done a great job communicating through all of this. That is one of the things seen with uber. The messaging house done. He didnt choose why not say this is what this man has to offer her company. This is why a lot of rumors, a lot of hearsay, a lot of behind the scenes. We dont know what to expect out of this. It has engage missteps both with the competition with the immigration ban in all of that, huge headwinds. They need a new communications in addition to a new ceo. Dagen even before that it was their treatment of women within the company, allegations of sexist behavior, poor treatment of women inside and outside the company and this has been going on for years. Whoevers in charge dagen meeting management. Sorry come as early. I dont think theres a cfo, there a lot of a lot of roles that need to be filled immediately in that is in the figure at the board regulation as well. There is some contention happening at the board of directors, but its also important to note that couldve come out and confirmed him as ceo. Theres a lot of issues happening around there. The interesting aspect we did bring up his meg whitman said meg whitman will not be ceo of uber. He saw her name consistently come out. Dagen after keeping a close eye on ken david, President Trump trip to texas to see the devastation firsthand. How the president is handling his First National disaster crisis. Heading back to texas at the very latest on the funding and Recovery Efforts. That is next. Kup, right . in unison russ, leland, gary yes. Gary i have a ford f150. Michael ive always been a ford guy. Potsch then i have a real treat for you today. Michael awesome. Potsch im going to show you a next generation pickup. Michael lets do this. Potsch this new truck now has a cornerstep built right into the bumper. Gary super cool. Potsch the bed is made of highstrength steel, which is less susceptible to punctures than aluminum. Jim aluminum is great for a lot of things, but maybe not the bed of a truck. Potsch and best of all, this new truck is actually gary all laughing oh my. Potsch the current chevy silverado. Gary im speechless. Gary this puts my ford truck to shame. James ill tell you, i might be a chevy guy now. laughing massive search and rescue efforts underway in texas. Heavy rain flooding wrecking havoc on the southern part of the state including fourth largest city in the country houston. Im worried until this event is over. We still have two, possibly three days of this and again, you know, not knowing where the rains are going to fall, not knowing which area is going to be most impacted, its going to be a constant reactive responsive approach that we have to take. Dagen thats ed emmett, by the way, runs rescue relief in texas. Sending additional 1,000 guard members to the area to help research and rescue efforts. President trump travels to the region tomorrow. Harvey taking a toll on the Energy Sector, we have a big spike in gas line prices today up about 5 just in early trading on this monday, gasoline prices hitting a twoyear high following the storm, thats with 15 of refinery capacity in this country shut down right now because of harvey. Lets take a look at stock futures reaction as investors come in and process economic fallout of the massive storm. 22point lose on the dow futures. In europe stocks lower across the board with biggest loser dax in germany. Losses in japan and south korea. Very small loss on nikkei in japan. Protecting the stars and stripes from the storm. Why one hero in blue stopped at nothing to save an American Flag during harvey. And the sports world units behind texas, how super stars like j. J. Watt from Houston Texans are helping those in need. Catastrophic flooding hitting houston as Tropical Storm harvey dumps 30 imps of rain in some areas in just 72 hours and even more rain is expected this week moves on. Fox news channel rob scmitt in houston with the very latest, good morning, rob. Rob good morning, dagen, yeah, we are talking about incredible amount of rain. Really something i dont think anybody has ever seen. It could be 4 to 5 feet of rain when this is all over. We have gotten 2 feet of rain. Just to show you the power of water and what it can do, this is behind me a roadway, this thick completely collapsed, aa runoff stream that went in the roadway, you can see the pipes and it just was overcome. Too much water, sink hole, empty area underneath to wash it all away and the road gave way, incredible when you see 2 feet of rain Amazing Things happen, thats why they are telling people, you cant be out in this. Nobody has been out and thats just the way its got to be right now because they dont have the resources to save people when they make mistakes like driving into standing water and need to be rescued, we have seen so many of those rescues. Lets listen to the governor as he emphasis, this is not an overexaggeration, this is what you need to do. We want to emphasize the importance when there is heavy rainfall, when there is flooding, the importance of saying off the road. If you drive into water, youre taking your life into your own hands. Rob and you certainly are, this is video, Traffic Camera, this was captured last night, gentleman drove pickup truck in standing water on freeway ii10, it went too deep and all of a sudden hes stuck and if it wasnt for some of the local heros here, police fire, they came in and got him out of there, he could have drowned in the truck or probably drowned trying to get out of the water. This is happening all over the place. You cant be out in this. Dont take a chance, dont drive through standing water and dont do anything stupid and stay alive until all of this is over is the basic point. We started in rockport and Corpus Christi, we tried to find the eye of the storm when it came ashore. Lets show you video of rockport, port lavaca and aransas, category 4 storm came ashore and this was a beast, it continues, its not no where to go, it will continue to dump rain in mowson metropolitan area. Thats incredible. 4inches of rain is a lot of rain, 4 feet of rain is tremendous amount of water. We will watch all of this come to fruition, dagen. Dagen thank you for the historic and catastrophic, the storm has been and will continue to be rob scmitt, be safe, we will check with you later this morning. President trump will head to team tomorrow to get a firsthand look at the devastation. Hes been tweeting about the storm even preparations ahead of the storm since end of last week. Here is what President Trump said, wow, allout effort going and going well. Historic rainfall in houston and all over texas floods unpress tented and more rain coming, spirit of the people is incredible, thanks. The president also praised response effort saying, quote, great coordination between agencies at all levels of government, continuing rains and flash floods are being dealt with, thousands rescued. Joining us this morning, lee speakerman, former adviser to campaign, first major Natural Disaster of mr. Trumps presidency, what do you think of the response so far, lee . I think its been superb. I think what we are seeing government at its worst and at its best, to respond to hurricane and flooding topnotch, fema director has done a stelar job leading the federal governments effort and our own Governor Greg Abbott has been superb. Our fourth largest city houston, shouldnt be this vulnerable to this kind of flooding. We shouldnt have a Housing Development with 40,000 people, overwhelming are hispanic and African American that are in more mortal danger that run out of their homes. Theres no excuse for that. We have 20 trilliondollar economy. Theres no excuse for us not doing a lot more to abate flooding and have drainage and have the infrastructure to protect people in large cities. Its just inexcusable, governments failure to plan and failure to invest. Lee this is lee carter. Good morning, lee. When you say its government at best and worst, the days leading up to the storm, we knew it was going to be bad, we knew the rain was going to go at least through wednesday and we were talking about how the mayor encouraged people to stay and not evacuate while the governor on friday night, maybe you should evacuate, there didnt seem to be good messaging and good communication to the people of houston and we are paying the pricing for that now, how do you respond to that . Well, theres a little of the confusion there as i think the governor was primarily addressing people that were in the midst or path of the hurricane, not necessarily to those that were going to be subjected to flooding in houston and so we had a very weve had a very bad situation in the past with people evacuating, jamming up the highways, people getting stuck, many lives loss because of attempted evacuation. The mayor in houston had a tough balancing act. It wasnt an easy call there but the upshot there is we need to be better prepared and theres no reason when we are having the kinds of floods, we had allison in 2001, hurricane ike in 2008, there was no reason for houston, a city that size to be shut down because it does not have the infrastructure to deal with flooding. Thats just not acceptable in the country. Dagen mitch, to point out one thing, lee is referring in terms of the mayors decision to mayor of houston. Dagen telling people to stay in place that when an evacuation was ordered after it was before hurricane rita in 2005, that was a very difficult experience and i think that more than 100 people tied in that incident. There were evacuating 2 and a half Million People, there were 23 nursing home patients that were killed as a bus caught fire. So that certainly informed the mayors decision with regard to harvey. Not an easy call. Getting back to infrastructure, dagen, to your point, a lot of this resolves around infrastructure, does the city have infrastructure to make that kind of evacuation, but with infrastructure in the headlines for a while, do you think that gets elevated in the president s agenda in terms of trying to move forward in infrastructure bill which have bipartisan support than taxes and health care. We have to do all three. We are going see the winter, the east coast, cities shut down because of blizzards and we are going to see massive Power Outages when we could be distributing or having incentives for acquisition of tesla batteries that can run houses for hours and even days and solar roofs all over the country so people can be off the grid and still function. Thats where our country ought to be moving, when we have floods, we need to be prepared, we need to have drainage oh so people are not running out of their homes. Casey, fox correspondent that we had folks that were not ignoring warnings, they went to spleep sleep and woke up with water in their house because they had never been to a situation that was that bad. We have to have massive Infrastructure Investment across the country. Le get our cities ready for these events so that we dont lose lives and shut cities down and suffer Major Economic damage, lets build homes in the coast, if youre going to build in the coast, you should not be able to get insurance unless you reinforce concrete or framed and steel. Same in tornado prone areas. The aerial shots are match sticks every time we have hurricane and tornado. Dagen lee, i will leave it at this, it is impossible to prepare for a 500year storm. It is. Dagen its impossible to expect the completely unexpected in terms of the duration of the rain and flooding and power of the storm and how quickly it came on and hit the texas coast. Lee speakerman. Thank you so much. Lee speakerman. Airports shut down in the wake of the flooding and cancellations rippling across the country. The fallout ahead. Saving the stars and stripes, one Police Officer stopping at nothing at the height of the storm taking American Flag, the emotional story coming up con artists. theyll try anything to get your Medicare Card number. So they can steal your identity, commit medicare fraud. What can you do . Guard your card . Guard your card . Just like your credit card. Nobody gets my number, unless i know they should have it. To protect your identity, new Medicare Cards without Social Security numbers will be mailed next year. Visit medicare. Gov fraud stay sharp people dagen welcome back, we are keeping an eye on markets and the economic fallout from harvey as the storm again, the storm is not over. We need to point that out. There could be additional 2 feet of rain that could fall in the next several days in the region on top of 2 feet or more than 2 feet in and around houston, texas. We have losses on stock futures and big moves happening in the energy market. Oil is trading lower down about 1 but gasoline prices are up about 5 . This is after about 15 of the countrys refinery capacity is shut down, baytown refinery that exxon owns, second largest, second in size only to saudi arabia port arthur refinery. Why is oil down and gasoline prices are up . Because with these refineries shut down, theres less demand for the Actual Crude Oil to be refined. You take a look, these are the National Prices for regular premium in disel, you should expect the prices head higher in the coming days. Harvey is causing misery for flyers as well, how airlines are dealing with this, Cheryl Casone on that story, cheryl. Cheryl two main airports in houston, hobby, george bush, bigger airport, between the 5,000 Flights Canceled. Hobby under water right now due to harvey. All big u. S. Airlines waiving any fees to houston area. 95 of the flights in and out have been canceled. Thousands of crew ship passengers are stranded because of the hurricane and now Tropical Storm harvey. Theyve closed the port of galveston down, thats hurting the cruise ships, Carnival Cruise ships begin in galveston, one is going to stay an extra day of cozumel, coast of mexico. Meanwhile harvey made landfall, a texas Police Officer, get this, braved the violent weather to save an American Flag, the Aransas Police Department Posted photo, wanted to take the American Flag down before it was whipped away. Officer will stop at nothing to honor and save her. Godblessamerica. We will do whatever it takes, dagen. Back to you. Dagen i think the rest of the country is really sending their blessings that they cant help in person and sending blessings to people in texas. The last major hurricane was hurricane rita which was back in 2005 and the real mushroom of social media has helped rescue a lot of individuals. We have been reading story after story of where people who cant get to stranded relatives are sending tweets, putting out messages on facebook, even on snapchat trying to help any of their relatives and loved ones who might be in harms way or trapped by themselves in the rising flood waters. Lee its been fascinating to watch that. Even the nursing home where theydaus of that image they went in and rescued all of those folks that were that were in the assistant living home. Dagen elderly people sitting up to shoulders in flood waters and those elderly people have been rescued out of that nursing home. Coming up, we have an emotional plea from texans defensive end j. J. Watt to support everything that lost everything in houston. How the sports world is reacting to harvey next. Dagen harvey hitting the sports world in the houston area. One star Football Player making great contribution to relief efforts. Jared max with the story. Jared dagen, good morning, jj watt began fundraising and pledged donation of 100,000 and asked for others help. In this video he postedded instagram. Thats our city. Not be there to help with the recovery and not be able to help with the process. Its very tough. What i do want to do is start a fundraiser because i know the Recovery Efforts are going to be massive. Jared massive was a response, 200,000 to a half million. The website inundated went down for a little while last night. As of this morning, over 280,000 have been raised by j. J. Watts efforts, the cowboys have offered to host this game, the the texans practicing at the cowboys facility. Yesterday displayed signs with messages of support, love and prayer astros won 75. Manager says baseball is secondary right now. Its really sad to watch scenes. [inaudible] pretty empty feeling being away. Its scary. Its obviously tough for us to to be out here where its 80degrees in blue sky and theres a lot of people back home that are in some serious jeopardy. Jared astro star, the team scheduled to opener. Both teams await word from Major League Baseball on status of series. Saturday College Football game between lsu and byu, play no houston is likely to relocate. The School Meeting with espn last night to see theyll play game at superdome in new orleans or lsu in baton rouge. Dagen amazing how these professional sports players really step up and respond particularly j. J. Watts, i saw a shot of somebody who was fleeing the flood waters and all he had with him, you grab your most priced possession of j. J. Watt, that really speaks to people, the people of houston, their attachment to their sports figures and also how those individuals really step up. Jared you love to see when somebody steps up in the side of crisis, hes aware of the size of his voice and his power, hell one of the greatest athletes really in professional sports today. So to get this going last night sends a huge message. You know, i think back to the days, weeks after 9 11 when sports slowly came back to new york and the first new york mets game at the time and the world series when the yankees played arizona and the hated yankees were being rooted for and cared for and loved by the arizona fans and by others and to see the signs yesterday like at the baseball game in anaheim and the angels fan are very special group, but to see this unity is special. And also the cowboys opening practice facility, the texans are going to practice in cowboys facility. Dagen we are all texans today and the days to come. Thank you, jared, jared max, siriusxm 115, still ahead, more on harvey this is not a cloud. 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And out of mind. Always discreet. For bladder leaks. Also in liners. Its time for the biggest sale of the year with the new sleep number 360 smart bed. It senses your every move and automatically adjusts on both sides to keep you effortlessly comfortable. And snoring. Does your bed do that . The new 360 smart bed is part of our biggest sale of the year where all beds are on sale. And right now save 50 on the labor Day Limited Edition bed. Dagen good morning, im Dagen Mcdowell in for maria bartiromo, its monday august 28th, your top stories at 7 00 a. M. Eastern. Harvey slamming texas. Thousands rescued as heavy rains flooding wreck havoc on the southern part of the state including the nations fourth largest city houston. The current was strong and they helped us up to military truck that evacuated us over here to the library, we are happy to be okay. But, you know, we are trying to keep the faith and stay strong and stay positive, we are sticking together as a unit. Dagen the Economic Impact almost incalculabele, many affected do not have Flood Insurance, many on the devastation ahead. President trump has been coordinating efforts with state and federal officials as they continue to deal with this storm, the president will travel to the region tomorrow. Harvey taking its toll on the Energy Sector, you see a drop in crude oil prices right now but with 15 of refinery capacity in this country shut down at the moment, you see gasoline prices on the rise, spiking 5 in early trading today. Futures in terms of stocks showing losses across the board with 21 point loss on the dow futures at the moment. Last week the dow industrials managing to eke out a small gain. In europe, stocks are heading lower as well. Losses in england, france and germany, asia overnight, markets were mixed with gains in hong kong and shanghai. Uber in the meantime choosing new chief, we are breaking down the board vote and the major task that this gentleman now faces ahead. All that and much more coming up this morning, joining us right now pollster and maslansky partners lee carter, Kelly Company kevin kelly and pwc partner Mitch Roschelle and one of the developing stories coming out particularly houston, the army corps of engineers started breaking reservoir, trying to prevent dam damage and more catastrophic flooding but more flood waters coming in to parts of houston who cannot handle it. We are going to have a reporter on the ground just in a moments but also coming up in the next couple of hours, we are going to be speaking with florida congressman Lieutenant Colonel allen west, former congressman, Texas Attorneying kim paxton is also here. Catastrophic flooding thats hitting houston, more than 30inches of rain in some areas in just the last 72 hours, even more rain, an additional 2 feet of rain possible as this week moves on. Thousands of residents in the fourth largest city have fled by boat, some hungered down hunkered down as floods continue to rise. Jeff flock is life in house houston with the very latest. Whats going on right now . Jeff this is one of the communities, dagen, where theyre releasing water from reservoirs because of the concern about the dam, if they lose those dams, we are in akatrina situation because the water begins to flood the entire downtown, you have sky scrapers flooded which would be extraordinary. This is one of those neighborhoods, though, close to what they call a bayou. Water typically drains, well, the water is out of the bayous and into the neighborhoods. They have cut power. Maybe you see and im going to get out in the street here. The byou is right here. This is where the homes are you saw, the folks, you know, using boats to get around, this is the bridge that goes over the bayou and i dont want you overtopping yourself, but this is typically the bridge that crosses it and if you walk up here maybe you see its already its already over top in the bridge so theres no where for the water to go. When they release more water, it only drives this up and the people, of course, hearsay, jeez, why do you have to do that, if you lose those dams you have more catastrophic damage but i would say its already catastrophic here, i leave you, dagen with a picture of the neighborhood, completely flooded and probably going to get worse. We will continue. Dagen jeff, thank you for your coverage and everything that you do and please be safe above and beyond, jeff flock. He always goes above and beyond, indeed. Former fema federal coordinating officer Senior Management director, brad, brad, i want to alert people to the fact that theres going to be a press conference or at least a bulletin put out from dhs, the department of Homeland Security at fema and fema said yesterday afternoon that it had 400 urban search and rescue personnel in Southeast Texas with 500 more to arrive last night and then President Trump has signed a federal disaster declaration for this area. I think there are 3,000 National Guard troops that have been deployed so far, but you listen to Lieutenant General russell who managed the aftermath of Hurricane Katrina and he thinks that that number probably needs to go to about 15,000. What do you make of the response so far . I think the response so far looks very robust but we have to remember these types of incidents are unprecedented, general has great sense for it, so i would not do anything other than listen to him very, very carefully in the coming days because this could get quite bad. Its already extremely bad, it wasnt feeling like katrina until yesterday. Then it started to feel more and more like that. Dagen but thats the issue, is that that responders, federal and state and local authorities they always use the past and the immediate pass to try to judge what to do, hurricane rita, houston had problems evacuating 2 and a half Million People, back then a 100 people who died, seniors when a bus caught on fire so that informed possibly the mayors decision not to evacuate people from or at least order a mandatory evacuation and in hindsight telling people to stay in place doesnt seem like the best decision. Its a tough decision. We remember here in new york city the year before hurricane sandi, we had hurricane irene, much more robust evacuation, when sandy came, a lot of people didnt do anything because irene didnt do anything. Its a different challenge in the gulf coast. When we see them coming towards the east coast, we can see them coming a long way across the atlantic, harvey came across the yucatan and reformed quickly and before people in texas knew it, harvey was on them and them as major hurricane. Dagen i will point out in terms of our meteorologist at the Fox News Channel and the National Weather service, National Weather service has been spot onto predicting the epics amount of rainfall, contracts trophic rainfall and flooding, storm hit when it made landfall, category 4 storm, but it delivered the amount of rain that forecasters were expecting so on that note, they did, again, it was a storm that it really came out of nowhere almost or it gaped power and speed really quickly at the end but but its worth noting that the forecasters have been very accurate in trying to tell the people what to expect. I think youre right, dagen. When the storms get this close, the meteorologists job get a lot easier, whats been hard is really difficult to wrap your mind around 50inches of rain even when weve had half of that, its still hard to imagine another couple feet of rain in the coming days and thats whats going to make this catastrophic and make this years of recovery. Dagen mitch. Looking back at past storms and j. J. Watt talked about donating money. Can civilians how cannot only local but people nationally who want to help, how can they help . People nationally who want to help should do one simple thing, thats give funds, dollars, donate dollars to the charity of your choice because lots of people take this time as a reason to help by trying to send things that they think people will need, the cost of transporting that and the cost of handling when it gets there just puts more burden on the local government. Dagen kevin, i did want to bring up this, we start in the aftermath of a disaster like this, and again this storm is not over for the people of houston and the people of texas, but we Start Talking about insurers and how well they are braced to handle this and on the private side, well capitalized and they should be okay but the National Flood insurance program, this is a federally run program owes almost 25 billion to the u. S. Treasury right now and most of which covered claims from Hurricane Katrina in 2005 and then super storm sandy, in 2012. What happens with this program, kevin, do you think . And by the way, it does expire september 30th, its up to congress, they have just 5. 8 billion left, it can borrow from the treasury to meet new claims and copying has to discuss new options on how to keep, whether they are going to keep this Program Alive or not. Kevin highlight it is fact of disparities that happen in the insurance market. Theres private insurance that people can get for floods but most of is through this type of program thats really defunct. They dont have the money, they owe the treasury and since 2005 we havent recovered from that and havent been addressed. This is a key that should be addressed Going Forward. The flooding that we are seeing right now not only to power grid, one of the things i would like to get brads take on, theres so many constituencies, Flood Insurance program, army corps of engineer, National Guard, what is femas role in that, how do they help serve the National Disasters like this . To the issue of Flood Insurance, theres a real challenge there because when super storm sandi hit here we had a brand new congressional fix to the Flood Insurance program and quickly we realized that that was going to raise Flood Insurance rates from a few hundred to a few thousand dollars a year to tens of thousands of dollars so that was pulled back and we still havent solved it. At the end of the day f people dont have Flood Insurance or they dont have enough Flood Insurance and they need to have help rebuilding their homes, its going to come down to taxpayers one way or the other. Taxpayers are going to bail out Flood Insurance programs or fema and other federal agencies, those tr only choices, the fact of the matter is, this is the real catastrophe thats about to happen. Dagen great of you to be here, brad gair. We are waiting on a briefing from the department of Homeland Security on harvey and we are also following the latest developments on the catastrophic flooding in house open, again, the storm is not over for these residents. For the people of texas. And also we are covering this story that uber has a new chief, the new ceo tapped by the embattled Ridesharing Company after months of speculation. Dagen right now we are at the beginnings of the fema press conference, i believe thats lane duke acting secretary of Homeland Security, lets listen. I know everyone in this room and on the president s team has been moved by the images and stories of people who are suffering in texas. We want to make sure you all know that we are working right now to provide assistance as quickly as we can. Right now, we are focused on rescue operations and we are moving to recovery operations later in the week but today we are deeply concerned with those in houston and surrounding areas who are stranded or in a need of immediate assistance. People need help and we are working to provide it. While the Hurricane Forced winds have diminished, i want to stress that we are not out of the woods yet, not by a long spot. Harvey is still dangerous and historic storm. According to National Weather storm who youll hear from shortly rainfall amounts as much as 2 feet have occurred in the houston metro area and lifethreatening flooding will occur over a large portion of south and South Central and Southeast Texas in the coming days, rivers wont press until later this week. Its vitally important for those in texas and louisiana to monitor your local radio and tv stations for updated emergency information and as always, listen to the direction of your local officials. If you are in the affected areas, we are asking that you please only call 911 if you have immediate need, if local officials deem it safe, please take time to check on your neighbors and friends, particularly the elderly who may need assistance. The department through fema has been working in close coordination with the state and local officials throughout the region. For many days in preparing for hurricane harvey, and under the president s direction, we have made every resource available to respond to the historic storm, the partnership at every level of government has been exceptional and i want to thank Governor Abbott and governor edward for all they have done. We understand that there are challenges before us particularly in houston but we are committed to getting the resources, local officials need as soon as possible. Finally, i would like to thank the civil servants, First Responders, including those here at dc at fema who have worked tirelessly throughout the weekend you have provided Tremendous Service to fellow americans, we thank you, with that, i would like to turn it over to fema administrator to walk us through response efforts. Thank you, madame secretary. So Emergency Management as i have been saying is about partnership. My goal as the emergency manager of fema or the federal management administrator is to unify the efforts of all the agencies, not only these guys, the agencies that they represent, the fire power, the federal government, what we want to be able to do is have coordinated effort down to support and give the state of texas everything they need to fill gaps, bolster operations and capability. They set they set the Mission Priorities right now. We follow in line to support those. Right now this is still on going situation. We are not in recovery yet. We have recovery teams down, you know, down in texas, but right now this mission is very important, this is a lifesafety, lifesustaining mission. We are trying to bolster the efforts to do swift water rescue, search and rescue over a huge county jurisdiction, 30 to 50 counties possibly impacted in texas. Just because we see whats going on in houston, this impact these impacts are not only across houston but 50 different counties within texas, we are also going to see a tremendous amount of rainfall fall into the southwest, louisiana, we are asking citizens to still listen to their local emergency managers, county judges or perished president s for life saving communication. So right now, in addition to search and rescue the next objective is to stabilize disastrous survivors. Once we move them we are able to extract them and we have to get them into shelter, the Shelter Mission is going to be a very heavy lift, we are anticipating over 30,000 people being placed in shelters temporarily to basically stabilize the situation and provide for their care. Next we are ready and already deploying essential lifesustaining commodities, we have a tremendous amount of supplies in the state and the state is pulling our resources already to be able to put those out. Its occurring all over the state of texas. Through our partners at the army corps of engineers, we are working to restore power so we are providing emergency generators for Critical Infrastructure to support things such as 911 centers or other Critical Infrastructure within the state of texas. Finally, we are also providing Emergency Communications. We are trying to help the state reroute 911 centers but also making sure that we are inner operable between federal, state and local responders on the ground. Security is also a main concern. The state as you know is mobilized a huge amount of National Guard but we have also, the secretary has been leaning forward, weve activated dhs capacity force, we are putting Law Enforcement down to bolster that effort as well, as well as dod assets that are going down. Right now here is what i need you to know. The this helping texas overcome this disaster is going to be far greater than fema coordinating the mission of the entire federal government. We need citizens to be involved. This is a landmark event. We have not seen an event like this. You could not draw this forecast up, you could not dream this forecast up. Its been a very challenging effort for the National Weather service who has been putting out great information. We have been telling people that its coming and still ongoing but you couldnt draw the situation up. The bottom line is, its going to continue on. We need the whole community not only the federal Government Forces but this is a whole Community Effort from all levels of government and its going to require the citizens getting involved. So here is what i want you to know as a citizen if youre wanting to help, right off the bat we have a website www. Nvoa du. Org. A whole host of nongovernmental and religious organizations that are seeking help and be able to support texas. We have to make sure that donations of volunteers are managed correctly to be effective down to state and local efforts. Thats one way to start. Underneath the president s declaration, we are expecting based on this event over 450,000 potential registers of disaster victims, thats a huge number but we are ready to go to process. Weve already processed over nearly 15,000 calls over the last 24 hours of getting citizens registered, you know, what we want to do is get you in, hopefully you qualify for Disaster Assistance and we will start processing and setting up your Case Management to go forward there. To do that, if you have access to website, go to Disaster Assistance. Gov. Disasterassistance. Gov. If you do not have access to website call 1800621fema. Again im asking for all citizens to get involved here. Donate your moneyment figure out how you can get involved as we help texas find a new normal Going Forward after devastating disaster. Right now what i would like to do is push it over to the National Weather Service Director loui. Thank you. So just give a short update here on whats happening and what we expect over the next five days. The circulation of harvey has been drifting southeast towards the coast. Its surnlly located currently located in metagorda bay. Towards the texaslouisiana area within the next five days. Still uncertainty. The storm itself is creating own circulation so the forecast is real difficult forecast for us and we have to Pay Attention as we move forward. Very heavy rain currently associated with intense of rainfall extending north, northwest over beaumont and port arthur and southwest louisiana. Earlier this morning reports of 5 to 6inches of rain per hour associated with this ban and unofficial reports up to 8inches. With respect to houston, we are in area right now and we have a report of over 30inches of rain so far near houston. Theres a broad area of 15 to 20inches and even greater in the whole South Central part of texas. If we can have the rainfall map, yeah, that one. This is a 1 to 5day forecast. As i noted, we will get back into the moderate to heavy rains later today and then into tomorrow and we will see how long that lasts. It all depends on the track. 15 to 20inch rainfall still associated with the max. Notice the shift towards the east, southwest louisiana, western louisiana and going into northeast texas is included and we need to watch the area carefully. Go to the last map, this is a map of the current flooding, we have major flooding occurring already in the houston area and you see that area blossoming out, north and west of houston, the peak flow and depth of this flow will max out in the wednesdaythursday time frame and this does include the projected rainfall that we are expecting. Also and even though we see on this map that currently we dont see flooding in eastern texas and western louisiana, this was as of 4 00 a. M. , with the heavy rainfalls now occurring, this will quickly change. We should also emphasize in this case the flooding will be very slow to recede. So we are seeing catastrophic flooding and this will likely expand and will likely persist as it is slow to recede. I want to emphasize from a Weather Service perspective, we are working in partnership with federal, state and local management and we have been working with them since last weekend in anticipation of this storm as models and forecasters started showing the potential for this storm and we are standing here today to emphasize that you listen to local officials. They are there to safe your life. Please listen to them as the storm unfolds, thank you. All right, folks, i will be departing after this News Conference down to be with Governor Abbott in texas to make sure i put boots on the ground and understand the situation thats constantly, a dynamic situation that will be constantly developing. One thing with the director of National Weather service, local officials are rescuing people that are getting in cars and going in flooded areas, you are going to kill yourself and put people in danger, not only his but we have Customs Border patrol, department of interior assets all out there trying to support the state and locals, we have to stop doing that, folks, its pulling resources away from the people that truly need it by doing that. We are also in the process, we are evaluating and putting forward hopefully we are evaluating a governor bell edwards declaration that was put into too so hopefully we will expedite that coming up soon. Yes, joe . Where are you going exactly today . Who is in charge of this response . Who is coordinating everything . Excellent question. All disasters begin at local level. I am not the Incident Commander over the state of texas. The bottom line is it starts at local government. When local slefl level capacity has been exceeded, they call upon either county to county mutual aid or they call upon state resources which youre already seeing. The governor declares a state of emergency which basically gives the governor the ability to mobilize all state resources down to support his counties and then once the states capacity was exceeded over several days ago, they asked for a president ial disaster declaration, the president moved in an expedited and very swift, one of the quickest time frames i have ever seen to approve the disaster declaration so we can mobilize our resources to help. Yes, maam. Good morning, cnn. I understand that we all know that there are several refineries as well as sights contaminated sights in the regions where we are seeing a lot of flooding, my question is do you all have an assessment whats in the water and Health Implications for the people that are waiting through water, we are talking about a lot of toxic chemicals. You know, at this point, you know, its still a developing situation. We are so focused on life safety, we understand that the environment piece is going to be big in this case, but we do not have Accurate Information right now. Secretary price, do you have any as far as what youre learning about the potential Health Impacts for people . As brock said its very early in this. What we do know that the water in Corpus Christi and in victoria area recommendation for boiling of the water before consumption. The good news is that the work thats been done, predeployment thats been done as brock said theres significant water assets there that are available for folks and thats the challenge that we have, is getting them to people. In terms of refineries exercised voluntary shutdown before the storm hit. Very prudent measure and that will help with environmental issue. I believe i do not know the exact number but it was most of them did do a voluntary shutdown well in advance of landfall. You have normally we hear emergency officials, let the First Responders handle it. You called for volunteers for american citizens to help efforts, what does that say about the situation right now . I mean, this is a landmark event for texas. Texas has never seen an event like this. This is going to eclipse ike and allison in 2001 and based on the benchmarks of those storms, we know its going to be large. Images rescuing residents on rooftops, images we really havent seen in this capacity since katrina, should there have been a bigger effort to evacuate houston and surrounding areas than we saw given the amount of flooding . Yeah, thats a great question. So i all evacuation decisions are made at local level within texas. Right now i believe that every local officials, state official, including us we are operating with the best information provided at the time, as i said earlier, the National Weather service has done a heck of a job, the problem with forecasting rainfall is one of the toughest things to do. You can say that its going to rain over 5 days over a 30county jurisdiction but pinpointing exactly what water shed that rain is going to go into it, its dang near impossible to paying your that out and unfortunately the city of houston is huge, its 2 to 3 Million People. You know, pulling pulling the trigger on that is a difficult situation. A lot of times when youre facing a city like that and rainfall event you have to ask people to shelter in place because of the time frame that youre given. The time frame to evacuate the city of houston can take days, days, literally days. I believe everybody is doing the best information with the information provided. Do people need to start thinking about getting out new . You talked about 15 or 20inches of rain over the next 2 to 3 days. People need to listen to local officials in houston area. I do not want to step on the governor and local officials and confuse the message. The most important thing during a disaster is consistent message to the public. Right now we need them to listen to local officials and each one of their jurisdictions. Needs to be reviewed after the fact so we learn from the situation absolutely. The thing is, listen, after every disaster we call after action reports. We have to go down and exhaustively get better after every disaster. We have been doing those solidly since katrina. We want to get better, guys, we are in the business of saving lives and helping people. We dont want people to go through hardship and get killed during disasters, we always strive to get better with the resources that we have. There will be extensive afteraction reports not just by fema but working in conjunction with our local governments, non governmental organizations but right now its not a time to start pointing blame. Right now what i need the media to do is organize the efforts to help us organize citizen efforts, to ultimately help help texas, these people are in need. Where in texas are you going, sir . I believe im going to Corpus Christi right off the bat and later san antonio. Ted cruz mentioned one of the big requests hes asking from local officials is for more high water rescue capabilities. What more should have been done in advance to have those in place and where does that stand . Each county, each state and federal government have certain capacity, right. So what happens is once again when locals, we prepositioned a lot of search and rescue before the declaration was ever approved by the President Trump, we prepositioned everything when we basically have down and in support of the state and local local efforts. Now, that those resources are there, we are basically at the direction of the governor to ultimately help the local governments. This is not just a federal government response. Theres something called emac, Emergency Assistance compact and the state is calling upon search and rescue from all 50 states, there are teams coming in from all over the country whether its helicopters, swift water rescue all of this is Emergency Management at work. I just want to make one comment one of the challenges with the storm as it has to be safe with the rescue as well. Just for the persons and even now the rescue is barely operational safe. Unlike katrina that have passed clear. We have still been operating in the mist of a Tropical Storm. Our flight crew is a multiple flight crews. Weve thrown every coast guard asset available at this response. But there are conditions where its just not safe to fly. We have also brought in over 27 Fast Response teams to deal with the situation but integrate that with the local responders so this is a cord needed response as well. The good news is thousands of lives are being saved. And we are not out of this by a long shot. Half of your helicopters operationally are there can you take more. Would you bring more. Great support by custom and border protection. The other key part is safety in the airspace. It is providing an airspace the confliction. The department of interior they used drones and fire Response Technology and so they are able to use this for damage assessment. Weve not encountered but certainly we are flying at very low altitudes. We are monitoring every media source available. Even what is out on the twitter feed were looking at google maps to see where the twitter feeds were coming from and if there is a concentration of calls. Weve 11 aircraft that are orbiting the area at the same time. Looking for oil spills. This is not the time to monitor whats going on. We had weve time for one more question. Is a really big congress can do to hurry that up. Can you tell us the status of that program. They can reauthorize the program in a multiyear they can do a multiyear optimization of the program. Right now the people should know in texas if you are a policyholder. Clear insurance agent. Go ahead and start the ball rolling re mobilize 1300 people under this program already there already is staged staged in texas and ready to go. It will be a huge lift of getting in. We do have the reserves in the funding to be able to address the flood as well. Right now yes we do. But the funny would come later down the road. 450,000 people calling. Is that seeming a little low. Whats be clear. That is brock long rap beat up what has been about a 25 Minute Press Conference there he will be headed to texas immediately after this. Heading to Corpus Christi first. The fema director and a forceful way went through a lot of what is going on in terms of responding to this historic catastrophic storm. We are not onto recovery yet. This is about life safety in sustaining life at this point search and rescue. Hes talking about up to 50 counties impacted in texas. With worries about the storms and flooding that will happen in louisiana as well. 30,000 people are expected in shelters 450,000 individuals expected to file for Disaster Assistance. Brock long pointing out. We need all citizens to be involved not just those who are helping out already in texas but to everybody and he gave out the following website. To Griff Jenkins on the ground. This is a story that youve been telling over and over again. This is about volunteer rescue. This is about all of these selfless volunteers out there helping their neighbors, friends and loved ones anyone in need. The story of volunteers has been a tremendous. The heroic heart of some of them taking their john boats out. This is a situation that has been devastating by historic proportions is going to be even more challenging because of the release of water from reservoirs just very quickly for our viewers. The reservoirs. Intended to protect it had reached full capacity. Into one particular by you. You can see the rain coming down that will add to the problems. Mister jackson you came down to see with the end of it situation of it was. We are definitely concerned about it. The rain keeps coming down. To see if the release is having any kind of negative effect at this point. Yesterday this letter was higher it looks like it is improving a little bit but not a whole lot. One more question are you concerned that the Flood Control which is in a tremendous job through all of this are you concerned if it gives you a situation that you have to do something that you have few options. The water can come up really quickly. If that happens the new treatment shaded. If it gets all around your house and so forth. That is what is going on here. Thank you so much for your reporting. Be safe above and beyond. We will be right back. Where should you start when youre told you have cancer . Start with a specialist. Start where youll find advanced technology, precision Treatment Options and truly compassionate care. Start here with a team of experts who treat only cancer. Every stage. Every day. Its not one thing we do. Its the only thing we do. Start at Cancer Treatment centers of america. The evolution of cancer care is here. Learn more at cancercenter. Com experts Appointments Available now. Today we are deeply concerned with those in houston and surrounding areas who are stranded and in need of immediate assistance. People need help and were working to provide it. I want to stress that we are not out of the woods yet. Not by a long slot. That was alina duque acting department of Homeland Security. They were just wrapping up an update on harvey and the response to that storm. Join us now is the former florida congressman. Colonel, listening to that response and seen what we have seen so far we always hesitate to jump ahead and make judgments based on the response by federal state and h. If you remember back east of North Carolina. And dennis sat on this and went out to sea. And then it was followed by floyd. No one could anticipate that. What are the Additional Resources and assets that you can get there. Water purification is gonna be can be a key asset to get there for folks as well as that generation. You also need to start looking at those engineering assets that you can help to get in position to begin immediately for structural infrastructure repair because of seen a lot of roads that will start to collapse and you had sinkholes. And brock long was talking about that very thing. In terms of the the lists of their action plan right now. It is not recovery yet. Its still about life safety and sustaining life but also talking about the army corps of engineers trying to restore power providing Emergency Communications to individuals and we always overlook and focus on what government is doing but we always overlook what private industry is doing in terms of getting water and food and supplies to those most in need. You also heard him say the storm is still stalled out over them. They are flying into very dangerous situations. One of the good things is one of the largest supports in texas is not that far away. E. G. Of a platform that you can use to get Additional Resources down there. The most important thing is to get people out of harmed dash mac harms danger. As you pointed out when you have a historic storm that is unprecedented in its very often if not impossible to really truly plan ahead for this kind of weather event. One of the things you have to be concerned with. The storm could go back into the gulf of mexico where the waters are still warm and regenerate its power and maybe come back and hit again. That was the thing that surprises North Carolina with hurricane dennis. Thank you so much for joining us. As you point out the prayers to the people of texas. How you can help with the Recovery Efforts in the aftermath of harvey. Helping keep shoppers safe. This is a financial Transaction Secure from hacks and threats others cant see. This is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. This is not the cloud you know. This is the ibm cloud. The ibm cloud is the cloud for enterprise. Yours. With the new sleep number 360 smart bed. It senses and automatically adjusts on both sides. The new 360 smart bed is part of our biggest sale of the year where all beds are on sale. And right now save 50 on the labor Day Limited Edition bed. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Volunteers are coming from all over the country to help victims in houston and the surrounding areas. There are ways that you can help from far away. If you are in that area of texas obviously you can volunteer at one of the shelters for those displaced. The Convention Center needs help. American red cross and the Salvation Army are both accepting volunteers. Also give money. You can also text 90999 and make an 10dollar donation right there. Or call 1800 army. Give your money if you are somewhere else in this nation. Also blood donations. They say they were desperate over the weekend. You can also done in items that people dont think about like diapers. People walked out with the nothing except the close on their back. The red cross we should say they are ground dash mac on the ground on friday. Give money if youre not in the area. In the have of fema also pointed out the website. How you can give resources but this is just an allout effort and people always want to help. But you do have to think if you can contribute money for example you give your money to. To make sure that you give money to the organization and next and gets to the place. Oftentimes organizations and bureaucracies just gobble up all the money. Not only give now you give a give it Going Forward and into the future. Dont give money just today give money to weeks from now. You see over time the needs or can the change. Whether its help rebuilding their homes. Clothing or all of these different things. Keep your eye on that. And Going Forward animal rescue. Look at this again rescuing her pet. There is more on harvey hitting houston and the surrounding area. We are live it with rescue efforts still underway. Caspers truly changed our lives. A mattress of unparalleled value. Love at first night. grunts im a softer, happier, friendlier version of myself. surps drink perfect sleep changes people. kisses baby transform your life at casper. Com try their mattress for 100 nights with Free Shipping and returns. Casper. Your top stories at 8 00 a. M. Eastern, a catastrophic weather event, thousands rescued many still stranded. Heavy rains flooding wreck havoc on southeastern part of texas, including, the nations fourth largest city houston, fema director providing update on harvey just last hour. This is still an ongoing situation. Of the we are not at recovery yet thinking planning for recovery we have recovery teams down, i know down in texas, but right now this mission is very important, this is a life safety Life Sustaining mission. Dagen fema director heading to texas we say speak,white house ask chief of staff john kelly keeping President Trump updated constantly on the situation . Texas the president z travels tomorrow. You see the impact on oil and gas oil lower used a spike in gasoline prices up 5 , on the futures, in trading just this monday morning, why do you see that basically opposite effect . Because as refinery capacity is shut down about 15 of the nations refineries capacity shut down you have less demand for the supply of crude oil. That is a twoyear high. For gasoline prices. Futures in stock market are showing a slightly higher open study as she goes after gains last week in europe stocks lower slight losses across the board there, in asia overnight markets next guidance on in hong kong, and shanghai composite. Upper choosing new chief we will break down the board vote and major task he faces all that so much more this morning, with me all morning long, the president of lee carter, kevin kelly pw. C. Pattern thanks to all joining the conversation, we have coming up just in a matter of moments, Texas Attorney general kim paxton kort of Corpus Christi director chief commercial officer, and host of Varney Company Stuart Varney gentlemen straight ahead top story this hour, catastrophic flooding in houston, Tropical Storm harvey dumping more than 30 inches of rain in areas last 72 hours with another two feet, could hit that part of the country, that part of texas. Thousands residents in the countrys fourth largest city fleeing by boats hunkering down amidst unprecedented rainfall jeff flock live in houston for us with the latest jeff what are you seeing there as the light comes up. Reporter exactly starting to get sunlight with cloud cover not much. As promised crisscrossing houston in a mire meyer land neighborhood, also being hit i tell you this is getting worse, because of releases from reservoir we have been talking about, earlier we were on Buffalo Bayou what are they . Essentially, areas that the water can drain into, and typically may be fairly dry not have a whole lot of water this is what a bayou looks like, as you can see, maybe dagen now that the sun is up it is completely topped and so what is happening the able to come back over here the bayou is beginning to rush out of the bayoubanks into the neighborhood, and this is what is happening as we speak, he can see that water flowing, right here in front of us, and that means the flood water is rising in these naidz, they are already inundated a tough signatures bubbling up through covers you see here if able to see that, bubbling through drains too much water the rain i mean low lull right now, not getting wet it is coming back they tell us a tough situation in houston. Dagen thank you jeff for that reporting always, jeff flock be safe, jeff we will have a Weather Forecast coming up for the area in moments. Joining us now, from texas he attorney general kim paxton, attorney general, does your state have all the resources it needs to deal with this unprecedented weather event right now . We are as thaerngs thanks to federal government i dont think better coordination the Governor Abbott, really amazing job, given the fact that this is a storm that is unprecedented, for texas. Going to obviously asking for days and days we will have an impact on us for months and months. We dont have everything we need but it is coming in, and our focus really has been, rescue and saving lives. We heard brock long a life safety Life Sustaining effort, but some some have called mixed messages from the mayor of houston tyranny and Governor Greg Abbott what they were telling residents the end of last week with Governor Abbott saying particularly in the area between Corpus Christi and houston, get out and evacuate if you can. But then the mayor saying stay in place. Some of that in reaction to what happened with hurricane rita, the more than 100 people who died during that evacuation. Curious what you think of that in terms of mixed messages maybe some got about evacuating the end of last week. A lot of time after this to look what we could have done differently what i would say given so you severe the storm is wide range it is amazing, really that the loss of life isnt more, i know how you evacuate a city that is that large that quick. But maybe there was something we could have done differently i this i what we learned from this, i think that is the later, right now we need to focus it is saving lives i think about will they a time to look at every part we can always do it better every storm is different. Dagen well said. Well side attorney general. Kim what about the response from private Industry Private business . In terms of doing anything they can to help to provide supplies to get supplies out what have you seen so far, because we always focus on government efforts federal, state local authorities what about private business . You know what it is been amazing i have had discussions with Companies Home depot putting up money, and going to provide supplies i think that is happening with individuals with charities, people are donating to red cross, very much appreciated right now, private organizes minute men coming in helping north texas money coming in, attorney general from utah, he is putting together, resources to provide help for the for people that are struggling, so it is really not just people in texas we are getting help from all over the Country Companies all over country despite the fact trouble with some goulging remarkable how much help from people ail over. Dagen stay on that hours before harvey made landfall, i know that texas state officials were receiving complaints from residents claiming stores and individuals with gouging jacking up prices, like bottled water video of folks trying to sell bottled water for astronomical alters of money, this is after the the storm is over how do you plan to respond to these complaints . Well that is a really great question, over the weekend i had people working taking phone calls, we had office full of people we on saturday received 325 complaints i dont know what total from yesterday i will find out when i get in the office this morning so it is significant, i do think it helps out talking about it, because really i. T. A lot of people realize gouging is a problem, there is as in texas fines severe up to 20,000 for occurrence or up to 255, we have seen this occur prices doubled in places, you know, yesterday we had water being bottled water sold for 8. 50 a bottle our internet site people sending pictures allowed to us get to people say you cant do this, you need to stop. I am curious, if as we are looking at this saw images nursing home rescued we know houston is a huge medical center, Childrens Hospital a huge destination for that what is impact on those how can we help those patients those doctors nurses that are providing care for their part . You know, that is another great question it is a challenge, because so much of what is going on i was trying to save lives immediately, so addressing things like that are challenging, i know that we have private organizations coming in i know there is going to be more federal resources coming in, we have a lot to deal with especially given still not over typically a hurricane passes through does it devastation we have flooding we are not going to have the end of the flooding until you know days if not a week away, and this is an ongoing problem because it hinders our effort to address searchandrescue the type of things you are talking about there. Dagen mr. Attorney general that is something we have been pointing out all morning long, this storm is not over. This flooding is not over. That we look at it as if this that now the people of hooun and area that part of texas can begin recovery, but in fact, up to two feet or more of rain is expected through the middle of this week, that is a message to get out to people of texas. But if the rain stops dont you need to be very careful, about your movements, what you do, and that goes for anybody who might be coming into the area, trying to help. Ch. That is exactly right and think about the city of obviously our largest city fourth largest city in america covers millions of weem having to deal with water and food as time goes on that becomes a bigger challenge if people run out of resources so we are in uncharted unprecedented territory that is why i am i really do think best effort on state of texas along with federal government to step in try to make a difference quickly given the fact this is just such a massive everett and such a massive problem for our state. Dagen attorney general kim paxton good to see you this morning, blessings to all the people of texas. Please keep us in your prayers, thank you. As we will. Still ahead putting controversy in the a rare view mirror uber choosing a new ceo after months of speculation harvey rocking the industry the storm crippling refineries across the gulf coast 50 is shut down right now the impact of gasoline prices, straight ahead. Dagen search for next ceo at uber over. The details on this good morning. Yes, we have been following this, all along we have been waiting for someone to get the job not a name that we have heard board reportedly named Dara Khosrowshahi as new ceo, last night, he has been with expedia as president ceo since 2005, and reports say that he was named over meg whitman former ge ceo immelt tweeted i have decided not to pursue a leadership position at uber i have immense respect for the company uber has been without a ceo since cofounder stepped down from job under pressure on june 20, khosrowshahi has experience in a digit try like uber affects offline, and logistics he moecht of people has travel brands hotels. Com ortbitz increased 18 according to results, has a market c cap dedication compared to beer nearly 70 billion. What do you think this individual brings to the table, in terms of because uber, you know when it first started seemed like it was this impenetrable fortress you had services that came along, and noted lyft some ways better job. The digit platform also being able to be agile look at m a activity over time under his leadership that may be in the future for uber as well. I think the important thing to note that is uber has a lot of challenges, whether comes to rules regulations, municipalities states governments, they had to pull on the of china. So that was a big red flag that happened, then you have the situation with alphabet the lawsuit, they need a strong leader who can manage a lot of storms, and be an effective leader from top down. Image problem. Day one going to have to work on the Corporate Culture that lawsuit, filling positions, like the ceo cfo. Company has valuation in that goes back to the financials they need to raise capital they consistently have done raised over 15 billion dollars they need to go ipo the valuation was knocked down by mutual funded companies 15 , right so you never want to down round, he has got to get a lot of so next fundraising is not down round. They have to look at impact of reputation a lot of people dont value reputation as much as they do from other operational issues but if they dont have a solid republicans rebuild that people are not going to be willing to give the benefit of the doubt people are not going to say i am going to be more lenient on regulations for a you not going to favor them any way, shape or form they are seen as bad architect really goes not just regulatory but how do you rebuild reputation. They bring on a woman everybody thought they were going to do that was interesting to note as well theyve had a Bad Reputation when it has a tome to misogyny. Man or woman you can address in terms of of the culture, regardless of are your own individual agenda, tracee thank you so much tracee carrasco. Coming up harvey hitting houston fourth largest city bracing for more flooding after days of relentless rain how President Trump is handline first major National Disaster since taking office. 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Reporter fema administrative long describing harvey as landmark event for the state of texas, he said the forecast, is something you simply could not have dreamt up, the video numbers staggering, long says up to 50 counties throughout texas could be impacted i said the disaster declaration President Trump is likely or that he signed is likely to lead to 450,000 people, registering as victims, 50,000 calls have been processed already. The white house says President Trump is being constantly briefed by the chief of staff john kelly and the plan, is for the president to head to texas, tomorrow, he tweeted last night quote historic rainfall in houston and all over texas floods unprecedented, and more rain is coming, spirit of the people is incredible thanks the acting department of Homeland Security head elaine duke, long caution there is a ways to go. Well the Hurricane Force winds the diminished, irwant to stress that we are not out of the woods yet. Not by a long shot. Help protect us overcome greater than fema coordinating the mission of the entire federal government we need citizens to be involved. Dagen harvey came ashore late friday night Early Saturday Morning here we are on monday morning, and long says the objective still for fema a Life Sustaining mission. Thank you so much blake, blake burman at the white house. Harvey causing travel chaos in the south, Cheryl Casone has the details on that part of the story. Cheryl especially out of houston and two airports there dagen more than 5,000 Flights Canceled out of both very busy airports since friday all they have motel, of course, do you to harvey, 1116 cancellations george issue about international 339 cancellation, hobby william Hobby Airport smaller we should mention had runway flooded over the weekend, city of course reels from rain all big u. S. Airlines waiving change fees for traveling with tickets to the houston area, also this thousands of passengers stranded harvey closed port of gallon he is verison some Carnival Cruise trips begin and end in gel he is very ton, one in cozumel off coast of mexico oefrz had to change plans, with the port of galveston closed right now, meanwhile, as harvey has made landfall texas Police Officer braved weather to save American Flag Police Department posted on facebook a photo of officer mccarty battling strong winds, rain to take American Flag down before whiffed away the tweet reads officer will stop at nothing to honor and save her, hashtag god bless america, dagen. Dagen thank you so much. Quick, that was a big breaking news headlined came out gilead scientist pharmaceuticals for 11. 9 billion dollars a big deal in the Biotech Gilead over 100 billion dollars market cap cash to put to work investors waiting for gilead to do a landmark deal, because hepatitis cfranchise under aattack good news for 29 of fridays close but gilead. In terms of world of business this is a the as horrible as this storm is, this is also a business story, how private vie is responding to it, the impact that every american potentially will feel on gasoline prices already 15 , Refining Capacity in United States, shut down, with the big exxon refinery is closed, second largest refinery in this country after the one in port arthur. It could be more, so we 15 capacity could go up to 20 Goldman Sachs said in a note this morning. Could go up to 20 , also, as this as you just begin to assess the damage from flooding, what about electricity back up when do refineries return to full capacity as storm moves into louisiana, again, critical refinery infrastructure along the coast of louisiana, we have was talking about this morning, so we continue to cover harvey hitting Texas Houston we are live in the region with firsthand look at at the devastation, to the nations fourth largest city. Helping keep shoppers safe. This is a financial Transaction Secure from hacks and threats others cant see. This is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. This is not the cloud you know. This is the ibm cloud. The ibm cloud is the cloud for enterprise. Yours. Hey, hows it going . The ibm cloud is the cloud for enterprise. Um. Who are you . Im val. The orange money retirement squirrel from voya. I represent the money you save for the future. See . Were putting away acorns to show the importance of being organized. Thats smart. Whos he . Hes the green money you can spend now. Whats up . Oh you know, gonna pay some bills, maybe buy a new tennis racket. Tennis racket for a squirrel . Hes got a killer backhand. When its time to get organized for retirement, its time to get voya. For maria bartiromo. Monday august 28 your top stories at 8 30 a. M. Eastern. Weve got a massive sketch and rescue in texas life Safety Mission Life Sustaining mission in words of fema director brock long heavy rains wreak about havoc on south eastern parted of the state of texas talking about major impact on the nations fourth largest city houston to point out houston, the area of houston is bigger than manhattan chicago philadelphia San Francisco, combined. Long fema director providing update on that storm last hour. Texas to overcome the disaster far greater than fema coordinating the mission of the entire federal government we need citizens to be involved texas is the landmark event, we have not seen an event like this you could not draw this forecast up, you could not dream this forecast up. Dagen fema director now on his way to texas, as chief of staff john kelly keeping President Trump updated on situation on the ground in texas the president travels to the region tomorrow. Harvey taking toll on the Energy Sector oil and gasoline prices doing this, this morning, with gasoline prices spiking at one up and down the highest level in two years, still up about 5 on gasoline futures. Oil is lower, cause of refinery capacity shut down less demand for Actual Crude Oil, but you do have gasoline Prices Higher 15 to up 20 could be shut down in terms of Refining Capacity futures showing, a higher open on stocks after a winning week for blue chips last week 24. Gain on dow futures but almost too soon to begin assessing the Economic Impact and the damage done because of this massive historic catastrophic storm. In europe, we have markets lower in england jamie moving upside in france, in about asia overnight up markets in hong kong, shanghai composite. To stop toir traffic flooding hitting texas as Tropical Storm harvey dumping more than 30 inches of rain in some areas, over the last 72 hours, and another two feet or even more are expected as we move on, in the middle of the week. Fox news channel is in houston with the very latest as the sun comes up or the light comes up rob. Reporter yeah, exactly dagen yeah what a storm what an amount of water the power of water is just incredible over two feet of rain in some of these parts could double by the time this is all over, check out how powerful it can be that is roadway Brazos Town Center mall 20 minutes southwest of hoouston, stream through here influx of a huge amount of water as wipes this out, probably a sinkhole that washed right through now the roadway is kag collapsed 30 foot gap in the roadway incredible. Storys like that all other houston surrounding area, Southeast Texas right now as we go to video yesterday we went into would he tried to get into downtown drove through we got as close agency we could before interconnect we couldnt get through 2 1 2, three feet standing water went out in it lost a watched cars, a bike rode through 2 1 2 feet of water past me had to get off walk it through to make it through the reason you dont want to drive car through standing water in this piece of video a Traffic Camera captured a truck guy drove into standing water i10 freeway nowhere to go water rises he was rescued saved his life probably would have drowned if he got out of truck if he stayed in certainly would have water continued to go up this storm started, south two and a half three hours south where it hit in rockport, port lav ka, we are right there when it happens in Corpus Christi nearby the eye after we watched it decimated, like rockport homes destroyed like a tornado came through knowledgeable to see the power of all that wind 130 mileperhour sustained winds storm had two stories to it the wind was one, and a lot of damage to the sought ath the di side inundated with water, i have never seen rain like this even meteorologist janice dean doing this 25 years never seen anything like this never heard of anything like this about incredible storm best advice stay out of it try to get out alive in water can kill people we have seen rescues all night we have seen them 36, 48 hours, people needing to be rescued, and basically the police and firemen doing a great job completely, at compas capacity no more they can do if you are in a pickle hopefully you will be saved why put yourself in situation stay out of the water dont drive through it, and try to hunker down a couple days get through this. Great advice, rivers are not expected to crest until later this week up to 50 counties state of texas, impacted by the storm, there were 56,000 calls made to 911 just in the houston area. Since saturday night. 56,000 911 called rob talks about everything all systems all individuals, all rescue efforts at capacity. Indeed, rob, from fox news for us there, thank you rob, harvey shutting down two of the kins largest ports, port of houston and Corpus Christi, and 14 of all shipping activity coming into the United States, according to department of transportation. Joining us now on the phone is shane, port of Corpus Christi deputy port director chief commercial officer ports offline since before storm moved in, to the gulf coast what is the very latest you can there is . On the phone well, today, we still remain at conditions zulu the coast guard status closed we are fully closed we are working in Recovery Efforts, with our federal patterns United States coast guard and United States army corps of Engineers Army corps of engineers we were fortunate as storm passed north of us 20 miles north if 20 miles south, we would have a very different situation, here, so while our damage is moderate to minimal, we need to get at the channel open again so we can get the refineries operating again people back to work. Do you have a timeline you are he working with any sense when that might happen. Well, we unfortunately, our experience he unintended consequences of what is happening in houston many resources the Recovery Resources we need are actually in houston. And so a lot of that response has been delayed, because crews and equipment that would normally come down here to help us, have been delayed, as those crews are obviously experiencing their own challenges. Up in the houston area so we are hopeful that we can get those resources here, soon. And we could get the channel open again. We are the fourth largest port in the country by tonnage a Million Barrels a day of Refining Capacity, weve got to get transportation fuels into the market get economy moving. Dagen what about getting resources from other areas, other than houston region . What about resources from even those Refinery Companies refinery owners is that a possibility that you are looking at . Well our Industry Partners have most certainly brought all the resources that they have available to them to bear. The refineries themselves are ready to ramp back up, i have been on the phone with our three large refinery operators they are ready to go. The hold up weve got to get channel surveyed and weve got to get it dredged, because what types of storms come in, they create a significant amount of silting get them dredged to ships can get in channel safely we begin to load cargos move product to markets that we serve. Dagen thank you so much for calling in this morning, sean straw bridge best of luck to you all those you work and live in Corpus Christi, Corpus Christi port operator thank you shane. Devastating storm forcing shane was talking about this about 15 of whole countrys Refining Capacity is offline, right now, exxons major refinery bay down shut down gasoline prices spiking phil flynn of price futures at cme in chicago what we could be bracing for could go higher than 15 phil. It really can, and one of my concerns dagen if this storm is not going away. If this storm continues to regenerator as soon as they try to bring refiennes back on may have o to shut them down i am very concerned about this, i am afraid the market may even be underestimating the impact from this storm, on the long term outh we heard from your other guest down in Corpus Christi. That a lot of these refineers are ready to go they want to come back online, but doesnt do any good the bring refineries back online if you cant move the product through the can haveels if you cant move through the pipelines, it doesnt do you any good so that is going to take to some time. And then you have to look at the other refineries in the coast, today houston, tomorrow it might be louisiana, because the storm is going to continue to generate down in that area, so i dont think we have ever seen in u. S. Refining industry this type of a storm, this type of flooding, and so we really dont know what the impact is going to be, now the good news is we are hearing a lot of refineries werent damaged as bad as possibly could be that is really good news, because once we get the storm through, that means they could probably bring things back on, in a matter of weeks but if we find out that this storm is actually damaged some big refineries may take months before we get back to normal may be even years. Dagen wow, phil thank you for that report phil flynn we always go to you on energy issues, and this is a critical one for the entire nation. With harvey bearing down on texas, helping after harvey how veterans are teaming up for relief efforts in the aftermath of the catastrophic flooding in texas. Welcome back to another Tennis Channel Court report a special presentation for fox business. World champion murray pulled out of the u. S. Open, joining a long list of stars would be the be in new york. Former world number one will skip fine mainly of the year due to longstanding hip injury, murray has not played sense the convert finals at wimbledon after consulting with multiple doctors 30yearold said he had been advised to rest get further treatment. He has been battling injury since semifinal at Roland Garros in june. Tennis channel live from new york we will set up oaks f action every day from flushed ined mined ming ed me f yourself higher ape amid harvey beginning to assess damage done by this catastrophic historic storm. Nicole petallides at New York Stock Exchange looking at home depot on the move this morning. That is right there are so many things that are related to this catastrophic down south the worst storm to hit texas over 50 years futures this morning looking higher up 30 points for the dow right now so you are seeing movement in stocks to the upside, but every industry is going to have a different reaction we are seeing weakness in u. S. Dollar this morning, to lowest in 2 1 2 years gold surged above 1300 dollars a troy ounce watch oil and energy we had phil flynn reporting, oil to the moving right now, taking a look oil down about a half percent 4755 watching also, gasoline, futures up about 4 , gasoline futures surged highest in two years, and the thing is this is now going to take all week, to at least try to get into our sites for cleaning up some way, the nearterm worries, then cleanup then economic backlash looking at this you can see all Energy Companies are to the upside watching things like home depot and lowes, of course, have stores also providing so many materials needed both of those are up 2 but dagen traders talking about the fact that they are going to wait and see but they know that every industry has some business down there, i mean, of course, Refining Capacity 15 just down it is hard if you haveing manufacturing materials, cell phones everything, down there so this will affect our country we will watch how it unfolds. Dagen at New York Stock Exchange, President Trump approved an Emergency Declaration for louisiana. As harvey still swirls dumps massive amounts of rain on texas. In the surrounding areas, fox news senior meteorologist is in the Weather Center with latest forecast janice. Yeah the worst fears have come true over 30 inches rainfall north and east of houston area you know, in some cases, definitely two feet of rain, and the potential for 18 to 24 more inches on the way as the storm fits lingers perhaps strengths into gulf of mexico as long as west and south of houston has potential to bring in heavy rail of there we are right now, a tropical system it is well west and south of houston so for the next i would say 24, 48, 72 hours, we have the risk for heavy rain houston area still seeing rainfall, in and around this region, and we are also have threat for sever storms over 60 reports of tornados over weekend, around houston area that threat moves more east towards louisiana getting very heavy rain right now setting up across central louisiana doesnt make much to flood these coastal areas one of our reliable forecast models euro pin pointed all that moisture the record breaking moisture right now, look, the area of low pressure moves offshore perhaps even bumping up winds a little bit potential for heavy rainfall next couple days, tuesday still hanging out the maybe a third landfall, across galveston we have eye on that, bottom line we are not done we have going to deal with this system well into Labor Day Weekend and potential rainfall again anywhere from a foot to additional two feet of rain if we get over 50 inches of rain, that will be a record, for a tropical system in any given year, in meteorological record books we aare hitting it right now possibly worst flooding in u. S. History from harvey, case weve had this lack of a steering pattern talking about this dagen why havent this been pushed north and east . There is nothing to scoop it up metastasize east hopefully later this week something will happen but now next several as the we will be watching the system continue to dump catastrophic amounts of rain on this region. Dagen janice that is what we hear fema contributory factor brock long talking about this is not a recovery effort to is this basically sustain life, and sustain peoples safety. Absolutely. Terrific forecasting thank you so much for your dedication to what you do, and your expertise in doing that. Keep people safe dagen. Dagen absolutely, janice, thank you so much, gas prices are on rise, as storm harvey pummels houston and surrounding area does this mean panic buying at pump Stuart Varney host of Varney Company. Hey. I am more inclined to ask are we going to see precautionary buying of gasoline fill up every tank in household are we going to see that . I was listening carefully to n gentleman ii ii iis to janic she say loops back around could be worst flooding ever in United States, the most rain dumped ever in any storm in the United States if that happens, youve got to think about the long term supply of gasoline, reaching Atlantic States northeastern part the rest of the country if that outlook for the gasoline supply is darkening as we speak and it is, you can expect a fair number of drivers to get out there and fill up every tank theyve got as a precaution, just as they did after katrina. I want to point out, really quickly what is interesting you have Rex Tillerson former head and on secretary of state take about a valuable individual to have in your administration, dealing with this refinerys shut down. Name general kelly, the chief of staff to President Trump used to reason i Homeland Security runs fema, he was a general, he knows how to allocate military assets you got the right people in the right place the right time. Dagen we will see you in a little more than nine minutes thank you so much Varney Company every day 9 00 a. M. Eastern time we will be right back. So he got home safe. Yeah, my dad says our insurance doesnt have that. What . you can leave worry behind when liberty stands with you™. Liberty mutual insurance. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. Lending a helping hand during harvey nonprofit rubicon organizes military veterans to aid in disaster relief, organization is working to deploy assistance in the wake of the storm harvey. Joining me now is team rubicon kuo founder ceo jake wood great to see you how many veterans are joining the release effort so far . Well team rubicon has almost 4,000 veterans in the state of texas, about another 45,000 across the United States. We currently have three boat rescue teams owing in houston helping to assist people with rescue efforts there looking to move in on a much larger force of volunteers as soon as this dissipates floods go down. Question now only are you helping those on the ground in neefz need of assistance helping vets 45,000 strong army can you libya how you are can i he lab berate. By giving veterans new mission able to restore the sense of Purpose Community identity that many of them have while serving in the military, and not only are we doing that for veterans but veterans are so well trained, by our taxpayer dollars they have the opportunity to be the best Human Capital that we can magic for situations like this we are seeing in houston. How are you going to be how long do you anticipate to be in the houston area like what is your timetable how long are you do you expect to lend support to the area . Listen this is a massive and long term effort estimating 25 trillion gallons of water dropped, in the state of texas, from the storm. Tens of thousands homes will have been destroyed the work is going to last long after cameras disappear that is where organizations Like Team Rubicon have the opportunity to make the most impact. I think so great when you see organizations, use expertise in one area helping with others, i am sure going to see businesses doing the same kind of thing using expertise manufacturing, or distribution to do same kinds of things i think, what you are doing, is so so important is there anything we can do to support your organization . I think just continuing to get the word out this is like i mentioned going to be our very long term effort we are going to need you know, the communities citizens across the country corporations, to really accept up to understand that this recovery effort is going to last months perhaps even years. And it is going well beyond the week or two weeks of high profile News Coverage going to receive team rubicon could appreciate support of viewers, people can go to team rubicon usa. Org, if they like to support plenty of amazing organizations that are out there, i saw governor former governor rick perry on fox news earlier today talking about some Southern Baptist American Red Cross team rubicon. Jakewood you are welcome any time to bring us up to date on efforts, thank you for your dedication. Team rubicon, well be right back. [brother] any last words . [boy] karma, danny. Karma [vo] progress is seizing the moment. Your summer moment awaits you, now that the summer of audi sales event is here. Audi will cover your first months lease payment on select models during the summer of audi sales event. Dagen mr. Stuart varney continues the coverage of this catastrophic, historic storm. Stuart, take it away. Stuart thank you very much, indeed, dagen. Here we go. The news is not good. Houston is paralyzed. Day break revealed a city submerged. Harvey turned out to be just as bad as predicted, and it is not over. Good morning, everyone. Sunrise, 6 56 a. M. Local time in houston, but day break brought more rain and chaotic scenes of roads turned into raging torrents. Boats, the vehicle of the day. Rescue, the order of the day. And early this morning a new threat. A controlled release of yet more water. Theyre trying to stop a dam burst. This is a human story, and you will see it unfold throughout our program. The video is dramatic