Secondly, even if we are producing okay a few hundred thousand barrels a day more, that in no way changes our linkage to the Global Oil Price and the exposure to a price spike. In fact, if anything, its both the fact that we are connected to the crude Oil Global Market and the fact that we are and i believe will continue to be major oil product exporters. We are exposed just as in that anecdote i gave about britain in 2000, we are exposed to the Global Oil Price spike and thats really the modern issue in terms of what the sprol does for us. Point being, if were allowed to compete in the Global Economy well have a more robust oil and gas industry in this country than well have if were not allowed to compete with a more robust industry were less dependent on the sprol . Again, im sorry, senator i dont its not only the eia but the other studies that have shown that by lifting the oil export ban, we not only, panned our industry we create more jobs and Economic Activity in our country so w
That you please keep your to no more than five minutes. Admiral blair thank you. I have the feeling that everything has been said but not by everybody, so we will fill in notes. Sen. Murkowski thank you for recognizing that. Admiral blair as we approach the 40th anniversary of the creation of the Strategic Petroleum reserve, a lot of the Energy Landscape has changed but the three things that are the same oil market is volatile, american businesses, and American Families are vulnerable, and the spr is our only shortterm line of the defense on supply interruptions, and it would be full hearty to draw down the single weapon we have to counteract Oil Supply Disruptions and price spikes. Madam chairman, you emphasized that your concern was National Security and that is my background and i agree. But Economic Security and National Security are tightly intertwined. The geopolitical actions are causing a disruption in Global Supply and there is a great pressure for military action. When i was
Kong. We start in afghanistan where at least 49 people have been killed at a volleyball match in paktika prove incident. Dozens more are believed to be injured. Lets go to our correspondent Charles Stratford in kabul. Charles, what do we know. Reporter martin, we spoke to a tribal elder who was at the hospital, the closest hospital to where this attack happened. Thats around about 45 minutes drive. So, it shows you how isolated this area is. He describes the suicide bomber walking into this volleyball tournament on foot before d detonating an explosive device. As you say, he says around 49 people killed, at least sent injured and children among the dead as well. We are now hearing as well that the government here has authorized sending of two helicopter did down to that region. Its southeast of kabul to try to pick up some of the casualties there and bring them for treatment here in kabul. We are also hearing it has been authorized additional troops go down or certainly fors, police fo
Yemen. The u. S. Secretary of state john carry will immediate the saudi minister to update the talks in vienna before a self im piezed deadline on monday, Sergei Fedorov is heading to the capital on want to limit acbigss in turn for lifting sanctions. We are working hard, we hope we are making careful progress but we have doubts and we still have some serious gaps which we are working to close. Reporter and we are in vienna and joins us from there now, we are getting to almost nailbiting closeness on this one, any indication where this is heading on all this diplomacy . No firm indications, sammy of what the outcome may be at the end of the day on monday, november the 24th. Of course that the self imposed deadline the parties set themselves to try and reach a deal. No one but themselves will keep them to that deadline and of course the possibility is being raised here and there in comments made by anonymous members of the negotiating teams that perhaps an extension is on the cards and
We begin tonight with iraq and what could be a serious blow to isils top leadership in that country. The pentagon says three of the groups senior military leaders have been killed in recent air strikes. The coalition has expanded attacks on isil and is planning a major offensive next year. Mike viqueira is at the white house with more. Mike . Reporter john since Coalition Air strikes began in august, they number almost 1400 now. And today they say they have taken the lives of several top leaders. Including the leader of isil forces which swept so dramatically out of syria, taking large swathes of area in iraq. And a governor of the disputed area of mosul, which of course still is in the hands of isil forces. In an interview today the pentagon said it has degraded isil significantly. And iraqi forces are still not ready to fight on their own, so how long will that take . Thats right. And top pentagon Officials Say that isil is going on defense now. They are not taking over more territor