Up next, testimony on energy and infrastructure, including rebuilding efforts in florida, texas, and the caribbean, after major storms. And recommendations to improve Recovery Efforts after future national disasters. A House Energy Subcommittee heard from the public and private sectors. Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto rico. A number of colleagues from this committee have been down there. And the u. S. Virgin islands where the majority of folks still remain without power for more than a month after Hurricane Maria made landfall. Todays hearing will review
Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto rico. A number of colleagues from this committee have been down there. And the u. S. Virgin islands where the majority of folks still remain without power for more than a month after Hurricane Maria made landfall. Todays hearing will review the Emergency Response and Energy Recovery efforts in the wake of those storms. It will help us begin to understand what went right and what went wrong. What lessons can be learned and how we as policy makers can identify gaps so that, when the next hurricane hits, we will be better pre
Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto rico. A number of colleagues from this committee have been down there. And the u. S. Virgin islands where the majority of folks still remain without power for more than a month after Hurricane Maria made landfall. Todays hearing will review the Emergency Response and Energy Recovery efforts in the wake of those storms. It will help us begin to understand what went right and what went wrong. What lessons can be learned and how we as policy makers can identify gaps so that, when the next hurricane hits, we will be better pre
South korea were closed for whats the mid autumn festival there. And the european equities, things are up. Cac is flat and if ftse is up by 0. 2 . This morning crude is up by 24 cents still trading at 24. 81. Lets get you caught up on the busiest day of the week. The bank of engallant is going to be announcing its latest policy decision. Expects to leave rate. Jobless claims are out at 8 30 time. The Producer Price index and september philly fed index and at 9 15 look for august Industrial Production. We talk about the apple iphone a lot. Apple now saying the initial quantities of its iphone 7 plus are sold out. Thats the one i want. The new gadgets will hit store shelves sometime tomorrow. Consumers wont be able to buy sold out phones but the company will continue to take orders online. I wont be releasing its first Sales Numbers of the iphone 7. Why . I think they made that decision a while ago. It reminds me of the details. In fairness to apple, nobody else does. Samsung doesnt. The
Velshi, and this is real money. This is real money, and you are the most important part of the show. Tell me what is on your mind by tweeting and facebook. The u. S. Government is finally proposing new safety rules for transporting crude oil and other dangerous liquids by rail. More than a year after 47 people died in a devastating training derailment explosion and fire in canada. That accident along with others underscored a dangerous side effect of the american oil boom, specifically the hazards of the crude from north dakota area. Today they proposed phases oat older oil tankers within two years, unless fixed to meet new design standards, and it may include thicker steal to help avoid punk tours. Better braking systems, reduced speeds and testing of oil and other volatile liquids. Remember, these are proposals, and the public and industry have 60 days to comment. The final rules are expected to come into effect next year. Critics say it will take more than two years to replace or re