500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Its sickened more than iroue ofasia. To person. The cdc says its unknown how easily or sustainably this virus is spreading. Its prompting increased precautions for travellers in asia and temperature checkpoints are common sights and theyre becoming more so now, in the u. S. , there are screening stations and l. A. X. And jfk, theyre expanding the screening in chicago. Passengers arrive on direct flights from china every tuesday, thursday and saturday. Theyre, pulled out a side to fill out a questionnaire and have their temperature taken. Theyre not doing that at the rh h is where that man went through. We know that his flight from china was not a direct flight. He went through one, two, possibly three other airports on his way to seattle, but the cdc wasnt able to tell us which one. They say are the risk to the public is low, but they expect more cases here in the u. S. , back to you. To our weather now, a rainy and gloomy start to some patients of the bay area. Heres a look at the Ric
Good morning, mr. Chairman. I think the witnesses for coming this morning. An incredibly issue an incredibly important issue we need to care about and make a policy on. Your meeting to discuss the state of cybersecurity and the grid and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grid originating both at home and abroad. And glad to see the doe firm and others taking steps. Our energy grid serves as the backbone to our economy, Touching Every aspect are our lives every aspect of our lives. Reliable grid is crucial to the National Security and a clean energy future. For lawmakers to enable innovative advancements that we can improve the security and reliability of our electric grid, we must work on a bipartisan basis. And, actively engage with leaders as we are doing today. The modernization and innovation of our Energy Infrastructure is already underway. What was once a oneway Delivery System has evolved to a Dynamic Networ
Of Liquified Natural Gas exports in the global market, the recent growth of u. S. Exports and concerns about Energy Relations with china and russia. The hearing was held by the Senate Energy and Natural Resources committee. Manufacturers and residential consumers alike. We have such a massive Resource Base that we can send substantial volumes abroad. Were now leading the world in natural Gas Production. Hopefully soon well also lead in exports. A few of those experts are here to tell us what is driving these trends, where they may be headed and how u. S. L and g fits into the equation. I use this term quite frequently but i hope were going to hear some ideas this morning on how to make our exports even more competiti competitive. Im particularly excited coming from alaska about the role my state can play. T furk has just released the draft for the Alaska Project, has great opportunity to move some tremendous reserves of gas on the north slope to market. Its a pretty important milestone
Subcommittee will not come to order. The chairman will now yield five minutes to my great friend. From california. Five minutes. Thank you for getting me the five minutes. I think the witnesses for coming this morning. The incredibly important issue when it came out and make good policy on. We are meeting today to discuss the state of Cyber Security and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grade originally both the home and abroad. Im glad to see the doe and others taking steps to address the growing dangers followed by nefarious actions. Our energy grid serves as the backbone of our economy. Touching every aspect of our life. A reliable grid is also crucial to our National Security. We can improve the security and reliability of our missions electric grid. We must work on a bipartisan basis and integrates with Industry Leaders as we are doing here. Fortunately the modernization and integration of our Energy Infrastr