the iranian crude so if you match them barrel forbear recommend you are still going to end with with less gasoline and that will not help prices. neil: i think you are right. say what you feel of senator schumer he is able to get people predisposed not to do what he asks to get them to do it and if he would put half the energy into put are more drilling here than saudi arabia he would be helping. guest: he has not been a friend of fracing at all. neil: explain that. guest: a we are talking about is hydraulic fracturing that will change energy in the country the next generation and it is deep-water, rather, underground drilling well below the water tables to get oil and gas and because of new technologies we are the saudi
sudden the prices skyrocket again. you wrote that fracking, is about producing cheap energy the same way the mortgage crisis was about helping realize the dreams of middle class home owners. where is fracking in terms of modern day, and is it going to be that we will watch explode to come back to bite us in the butt down the line. ? it s something that we to not know. that is part of the problem right now. s that booming technology without much oversight, there s no federal regulatory oversight on the fracking operations, they are saall operated by the individual state. there s questions about the fracking fluids, and the chemicals that they inject with the water under ground, what is in the chemicals? do they leak into the water tables? things like that, there s the question about the methane and natural gas that is coming out,
oil. congratulations to newt gingrich on that. well done. rick santorum was becoming to sound like an islamic environmental fundamentalist. he said he want to frak here, frak there and frak everywhere. is that what we need or is he smoking gram of cocaine? there s no question natural gas can and will play a larger goal in the united states energy mix. we have to make sure that the fracing doesn t result in kmem cals in the water tables that lines up creating a disease, cancers in children across the nation. assuming that there are environmental safeguards put in place then yes, natural gas will play a lrjer ro democrats are s t s keep the oil from the keystone pipeline in the united states. let s keep the natural gas in the united states. what the republicans are calling
all share. reporter: the most pressing issue is water. people say, water s the next oil. it isn t the next oil. it s irreplaceable. we are using water faster than it than it becomes available. this is why water tables are falling. reporter: 18 countries are overpumping, including china, india and the united states. saudi arabia wanted to be self-sufficient in wheat but will soon stop growing the crop because it has depleted an underground water source. when it comes to food, the world s moved to a more affluent meat based diet increases pressure on the land. rising food prices add to food insecurity. probably the biggest hurdle is the fact that tonight at the dinner table there will be 219,000 people who are not there last night and tomorrow night there will be another 219,000 people. reporter: it took until 1804 to reach 1 billion people. and more than another century to hit the 2 billion mark. then population growth exploded. the most recent billion people added in just
record rainfall. we had 7 to 8 inches of rain on a lazy sunday morning. when he talked about the water tables higher now you throw this on top of it that s why you are seeing the records. look at the cars under water there. i saw people pulling their cars out of manhattan putting them into the parking grange areas along the hudson that go up a few floors to get them out of the way. the flooding is the beginning of what we are starting to learn in terms of damage. we ll keep on top of that. tropical storm irene is a big story in new england at this hour. molly line has that covered. we ll check back in with her. fox news weather center tracking the storm. latest storm projections, straight ahead. we ll be right back, with more.