Crude continues to fall. Some americans can watch for 2. 50 a gallon gas. Can halliburton defend its oil business . Retail sales better than expected. Nordstrom earnings beat. A number of downgrades to contend with this morning. A Richard Bransonbacked ipo at the nasdaq, Virgin America. Well have the first trade and interview with the ceo coming up. Oil the big story, below 74. Baker hughes confirming it is in preliminary merger talks with halliburton. The journal story said motivations behind the talks were unclear. I think we know what these boards are thinking. Justice department is very good when it comes to business to consumer. Theyll block a telco deal. Justice department has been tone deaf when it comes to the oil patch. They allowed Enterprise Partners to become a gigantic, basically own the natural gas liquids market. This would be farce if they let this deal through. The way you get halliburton to give you good prices to pit it against baker hughes. If at t were to merge wit
My question is whats needed politically to get European Countries to exploit their shale resources . If you were to encourage it how would you encourage it . The first thing i would find a way to reward the owners and all those that get affected by the shale production. But honestly this is not all. In spain, for instance we have a big debate. Its not old. But one thing i would do. The second thing, i think that for many years in europe there was this idea of dont touch, dont tell in terms of electricity generation, generation in general. So people dont know really. We went for renewables. This is fine. Dont miss understand me, this is fine. But people dont know what it costs in the end because i mean im not able to read the receipt of the electricity every month. I dont know what im paying for the renewables. People should know. I should know how. Its not a fatality that we are bound to be dependent on an importer. We need to develop our own resources and of course efficiency. And on
Partners to combat the greatest risk to Border Security National Security and public safety. And ygn ultimately the articles answer those big three questions. Why we changed how we changed and how to answer whether were winning or not. With that ill turn itb j n back over to stephanie. Thank you. Thank you both. Im going to exercise the moderators prerogative and ask each of our guests one question first before opening it up to the floor. The first question i have is for chief fisher, and that is regarding your hopes for this trilogy of articles. As i mentioned earlier ive been impressed with thought leadership and strategy and having authority for the border control. I can understand from an audience perspective im not in the Border Patrol i can take these articles using my own experience. But your hope for what folks in the field will take away from these articles what was your intent from a border e g patrolspecific perspective. Thank you stephanie. For the Border Patrol agents, my
To talk about the campaign at the secretarys level how that is meshing what were doingnl . at the portsv we want to make morrow bust in the future. So help us t wout. If i, qcould turn e ÷ robert to follow up on that r2cquestion. Robert, youre in a unique position having been on the hill now for a while and i wont put you in an awkward position into what politicians will do in the coming congress but in terms am what you would Like Congress to focus on from a Border Security issue from a risk based strategy issue, what would you like to see happen . B81 what kind of key topics would you like to see addressed early on in this congress . This question ties in with what the gentleman asked and arizona. 9pf when they asked me what should you focus on i was asked at 4 1 99 recently what did we after thinking about it thereszp÷ only two states. Thats the dialogue completely. Im hoping the articles continue to change that ti log. I hope one of many articles that Border Patrol agents will ta
They each have subcommittees that they specific problems. Like receivers, the internet of things, various issues which these groups are looking for input. What is your reaction to the 40 billion that is auctioned on the ews three auction spectrum. I have strong opinions. I think people that buy it are getting a bargain. The spectrum will be so valuable for these longterm. The auctions are the wrong way to do it. The auctions dont really reflect the fact that we, the public, own the spectrum. When we auction it off people that buy it really just got a license to use it. They are supposed to use it in a Public Interest but no one takes it back again. It is the issue, using spectrum in the Public Interest, that is the most difficult problem that we have today. Geo group the idea do you agree with the idea of taking excess spectrum and getting into the Public Airways . I dont. I have a simple issue that i just will repeat over again. If it is used efficiently, if the people who use the spe