major exxon mobile pocket he took the creation of a joint venture exxon mobile will spend up to three hundred million dollars on developing. western siberia and last that will have access to excellence projects in the gulf of mexico the last. thing with energy. offensive. is that gazprom will lower the amount it has to spend on investments next year by more than twenty percent the gas giants twenty fourteen investment program will be more than a full point three billion dollars down from the amount spent. now the idea of christmas shopping on the little left of high street is often much nicer the reality of crazy crowds and its queues and stressful traffic jams now this is exactly why online shopping is now big band. ever shops are getting creative coming up with ways to make the trip worthwhile and now the e-commerce is taking russia by storm department store attractions are getting bigger and better as i found out. the man like me who was really ultimately it was something i was authentic a bit completely blown up with take you know here you know cross it down what you call me was i

no respect for exxon mobil but all-time high. >> you have buffett in there, too, right? interesting in itself. this company's not able to grow production for several years and all of the cap x putting into the company, that's starting to ease, so that should help margins. >> tom barrack chairman and ceo of colony capital. joins us live on set now with his 2014 play book. >> thanks. >> your view on how you think real estate's going to shake out in 2014. say u.s. real estate first. >> u.s. real estate will continue, sings and doubles, no big arbitrage, volatility in the residential housing business but household formation happening quickly. what deepak said about the change in fannie and freddie is true. one plan in our play book, subsidized mortgages, that will continue. i think it's going to be pretty flat in the real estate sector. what you're going to see in reits is an outflow of funds once we get volatility and the interest rate sensitive stocks out to growth and optimism. that should be a good thing. buying good real estate, reasonably leveraged in a cyclical enviro

. >> the fact of the matter year to date you have great companies like exxon mobil that are only up in the -- exxon mobil just surpassed double digits but you have ibm that's negative, at&t that's just up, the stayed low -- i'm sorry, the stayed stable companies, are up just about 20% year to date. the high flyers, those are the ones that have moved the market. why don't i think the market can correct more than 20%? i think that the stable companies are likely to hold up a bit more than the high flyers. >> you're going to be shorting names in a second, i want to get to that. but herb to you and our excellent producer put this together, if you look at what's called quality rankings for stocks, with an a-plus quality ranking, have actually performed the worst out of any of the quality rankings and the group that's rated c, right, mid-to low quality stocks is up 57% this kind of stuff makes you nervous. >> it creates a level of complacency. it's become almost toos yees to make money. people want to get in, they joke about if i'm red flagging something that that's the time to basically buy

that's -- exxon mobil barely made that. apple made $41 billion. >> just the interest? >> it's the interest. it's amazing. president obama, he hinted, he winked, he suggested, hey, hook me up, put back in the office, i'll get rid of this stuff. >> he really is a capitalist. >> exactly. when it comes to their own pocket -- >> this is a social program. they're making money. >> this money goes to cut spending in education department. if we're going to be in this business, then we ought -- >> why are we in this business? >> i don't like e fact government -- >> did you get through school with college loans? >> no, i joined the air force. >> okay. maybe. you can't deny -- >> 7 million pell grants -- >> so you would rather the government lose money on these loans? >> i'd rather the government not be in the business at all. >> but they're committed to it -- >> you're talking to g.i. joe here -- >> americans thinking about not going to college because of how expensive it is -- >> that's the point. >> this is just like fannie and freddie getting housing -- >> -- giving kids loans

goldman likes refining stocks and upgraded exxon mobil today. the analysts think exxon is nearing an inflection point and likes the defensive quality of that stock. >> and the energy information administration, the eia out with a bullish forecast for the new year in terms of production. the eia expects domestic oil output to surge to 9.5 million barrels per day by 2016, fear a historic high. the report cites a break neck speed of shale oil development. >> for the last 40 years, there's been a ban on exporting american oil. now calls to end that ban are growing. will it happen? if so who might benefit? joining us dan, senior contributor at the street.com and andy of lipow associates. do you think we could get an end to this export ban? >> a lot of warring on both sides because there's billions of dollars at stake here. the winners on the one hand the domestic e and p companies that have invested so much money and had great results in our shale plays we talk about all the time, the balk and eagle ford, all of those areas those people or companies

we've been talking about exxon mobil and energy leading the rally today. but also we're seeing strength in ibm and caterpillar, two of the worst performing stocks in the dow industrials for 2013. today they're getting a bid not on any specific news but maybe someone is getting ahead of the dow theory with the two stocks. dividends increases one from archer daniels midland, buying back about 18 million shares. pfizer upping its dividend by 8%. we want to point out zion bank corp because there was speculation about what banks would be impacted by volcker. this company is taking a charge to write down the value of some of the cbos it has because it can't hold them because they're considered cover funds under volcker and taking a $387 million charge because of that. lastly let's check on the retailers because in the wake of the storm that hit a good part of the midwest and the northeast this weekend, there's some concerns that might impact retail sales, but again, this coming weekend is supposed to be one of the busiest for christmas sales. an expectation we c

than $4ulated more billion stake in exxon mobil and berkshire hathaway added holdings and the national oil embargo in suncor energy. if foreign buffett is right, one of north america's a gift and most controversial could play right into his hand. the keystone pipeline might as well be a line in the sand. environmentalists and lawmaker hosts -- lawmakers. >> a 2000 mile tunnel -- funnel. if the five-point free billion- dollar pipeline is approved, what does that mean for jobs? it will create 42,000 jobs during the two-year building phase. almost 4000 are pipeline construction jobs. the pipeline only expect it to create 35 permanent jobs. report forecasts a razor thin profit for oil companies. the recent shale boom created a glut of oil in the united states, dragging down prices. if oil can make it to the gulf coast through the pipeline, it competes against the mexican crude benchmark projected at $89 per barrel. if it stays in canada, it is $69, $20 difference. the $20 premium does not necessarily mean big profits. of the most expensive to produce. it needs to fetch at least $65 per bar

mobil to seek changes in canada's oil drilling regulations another concern is for the pharmaceutical industry in countries which can currently only of cheap but copies of branded drugs called for conglomerates could ban the use of and patented medicine leaving the poor without access to vital treatment. has the details. the trans-pacific partnership treaty if and when agreed upon would establish a free trade zone stretching from vietnam to truly in composting eight hundred million people producing about forty percent of global g.d.p. negotiations are happening behind closed doors in secrecy the treaty will be designed to remove all so-called barriers to trade including regulations such as those protecting agriculture food safety and be their privacy i'm joined by lori wallach public citizens global trade watch thank you so much for coming my pleasure why this secrecy as i understand there are six hundred corporate advisors having access to these negotiations but for some reason not the public why well unfortunately we've actually heard directly from the u.s. trade representative he n

. >> after the raid "fox files" connected exxon mobile. they said oxon mobile absolutely does not condone of sale of drugs or drug paraphernalia. the station are independently owned and operated. our contracts prohibit the sale of such products. we're reviewing the facts related to this matter and will take appropriate action. >> my life is completely unmanageable. i couldn't stop getting high, drinking, using drugs. i knew that i just needed some help some way. >> i would highly encourage anybody that has a friend or a family member or are struggling themselves to get help and try not to do it on their own. >> michael is a recovering addict and author of the book the gift of fulfillment. >> mike educated me the most and told me about what this is all about and how they need help. >> i met him after my first 30 days in inpatient. he became my counselor. >> he came in highly motivated and willing to go through a process. when someone is willing to do that, there is usually a very high success. >> michael has now been sober for nine months a

mobil a.t.t. and pfizer you can actually tell who's who around here with lawmakers wearing red badges that say legislative member and corporate representatives wearing blue. badges that's a private sector member now alec has often been referred to as a dating service for lawmakers and businesses together here legislators and corporate representatives are crafting and voting on model legislation that's going to be done behind closed door meetings a little bit later this afternoon as are known as task forces no media is allowed in there's an education task force there's an energy task force a tax policy task force it's basically organized in a similar way that our congress is organized into committees now once legislation is passed out of these task forces is then carried with lawmakers back to their home states where they try to pass it through their respective state legislatures to become actual laws so basically that's how it works and it's this activity that threatens progressives who argue that

mobil eighteen c. and pfizer you can actually tell who's who around here with lawmakers wearing red badges that say legislative member and corporate representatives wearing blue badges that's a private sector member now alec has often been referred to as a dating service for lawmakers and businesses together here legislators and corporate representatives are crafting and voting on model legislation that's going to be done behind closed door meetings a little bit later this afternoon these are known as task forces no media is allowed in there's an education task force there's an energy task force the tax policy task force it's basically organized in a similar way that our congress is organized into committees now once legislation is passed out of these task forces is then carried with lawmakers back to their. states where they try to pass it through their respective state legislatures to become actual laws so basically that's how it works and it's this activity that threatens progressives who argue that

mobil and the carlyle foundation to take over. russian oil and pipelines and so forth before he was arrested. those issues are part of the dismantling of russia as a functioning state and that remains the goal of nato until this point and these gestures are going to be laughed at i can wager you that the guardian b.b.c. c.n.n. and so forth that tomorrow or the next day will find a reason to. paint putin as as weak by doing this go ahead joe you know it we want to respond to that job i don't i don't i know you want to respond to that. well i think that the tide a swinging in london and elsewhere in favor of mr putin. just as an example last night i had i had a taxi driver who and that was turkish here in london and he had me talking russian to. associate and he said oh you're russian i said no no i'm british but i speak a little bit of russian i lived there for a long time and he said oh you're like mr putin i said mr putin is doing good things for russia and he then said i agree and i would i particularly like the way he stands up

exxon mobile is in my cross hairs. we're trading at levels we saw earlier this year. and this was a level we had a lot of trouble if you go back that far. but you know what? only great because the stock was such a depressed level that anything remotely good was going to get the stock higher. we talked about that. if you have been in exxon, i think 94 and a half is a good time to exit the trade. >> comp store sales saying it's pleased. >> once you hit bedrock there is not much further to go. comps were very easy. not much expectations. this is why j.c. penney at these levels is hard to short. if you're in it and you happen to get this pop, take your profits. if you want to short it, don't do it. >> apple settling at its highest level of the year. the tech giant rallying on a number of headlines. we should be clear that this is is a report saying that this subsidiary of china mobile was taking orders. >> their 4g will allow apple to release a phone that people can run in china. this was a driver. we talked about it for a week and talked about the technical elements. it

ranging from tiffany, the luxury retailer to exxon mobil, the oil giant. the tapering will not begin today, it will begin in january as many economists predicted. the number falls to $75 billion in bond purchases monthly. it had been $85 billion. that number was also in line with the economists' forecast. the market takes this in stride as the federal reserve complimented the economic recovery as reason for lessening the bond purchases saying outlooks for the labor market conditions is the reason for this quote/unquote tapering. this is also by the way the first steps the fed has taken in unwinding this stimulus program it put in place to bounce back from the greatest recession since the great depression. home builders, some of the biggest gaining stocks as the fed also announced it's going to keep interest rates near zero even if the unemployment rate should drop below 6.5%. previously it had been a threshold for the fed saying if it dropped below, that would be a catalyst to raise interest rates. that's not the case today and just as a reminder, the jobl

son, ceo of exxon mobil say that you are losing your shirt on shale gas -- and you yourself predicted the price of natural gas will go up, though only slightly. why is this not the trend of the future, at least in regard to electricity generation, where we return to increased use of coal? >> i will take the first stab at that. is alan here? maybe we will have alan comment on that, so maybe we can pass the microphone over that way. you correctly stated that the relative price has changed between 2012 and 2013. we had very low natural gas prices in 2011 and 2012, and that led to a big hiccup in -- pickup in natural gas consumption by electric it to be inat found their interest to burn natural gas rather than coal. as natural gas prices came up, coal burning electric utilities recovered as well, and it's kind of interesting to think about it this way. the market itself seems to be making a lot of the decisions about what fuels get burned at electric utilities. the longer-term, even with our increases in natural gas prices over the long term, we don't see a great deal of increase in coal,

warren buffett, exxon and it's pretty controversial and bp. the oil spill could ultimately bankrupt the company because there seems to be no sensation for the payout, how do i put this to be diplomatic, peripheral victims and it won an important appeal that has been pretty much, i would say put an end to the outsized payments and now will be viewed once again as an oil company and the cheapest of the majors. with oil, you have to buy the stocks when they're cold. these are cold as ice, just the right time to start your picking. stick with cramer. >>> mad about "mad money?" immerse yourself into cramer's world while you watch the she with zeebox, on the phone, tablet or on the web, get sneak peek, go behind the scenes or join the conversation. download the free app today for the ultimate cramerican at venture. venture. d venture. adventure. over the next 40 years the united states population is going to grow by over 90 million people, and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so tha

. >> this was our way of bringing to light the very real fact that exxon mobil is a huge could twitter to climate change. to climatetributor change. we blew past 350 parts per million of carbon, at 450 parts per million of carbon. some people believe the estimate for oil companies is as high as $52 billion. this is a company that owned only receives a huge amount of government assistance, they continue to operate as if they are a good corporate act or. i think if you took into all of the externalities, and him by that i mean, change and natural disasters we have seen, increase in temperatures, extreme weather, this is a corporation that cares more about profits than they do about all of us living here on this planet. we were trying to poke fun of that. they filed a cease and desist letter with comcast and we could not air this as we wanted to write before the president's state of the union -- wanted to right before the present state of the union address. it is tongue-in-cheek, but it is also quite serious. i think they do hate us and our children. they certainly liked their money more

mobil. >> they've lagged and the reason i like this pick, jon, we're talking about a year long. this is not my world. i hold things normally about two weeks and that's a long hold for me. but when i'm looking for something that will go for the whole year, you get a 4% yield, i like the restructuring, i think they're going to finally be able to put that deep-water horizon behind them, and because of that, i think the stock actually catches up to exxon, conoco, all of the biggies. >> all right. we shall see. thank you, pete. >> you got it, bubb. >>> next challenger has the top-rated twitter account, according to "baron's," "wall street journal" and "time." he is the co-founder of ritz holder, give it up for josh brown. >> 2014 is the year that revenue finally returns. my top three picks for this y r year, first and foremost, the banks. the xlf etf is the best way to play broadly net interest margins climbing, banks making more money, yield curve steepening. my second idea for 2014, the chinese internet is going to be the focal point for growth investors, kweb is an etf that owns a

what about one of the biggest companies in the world, we're talking about exxon mobil, yeah, it's been an underperformer relative to the overall market but hit an all-time high yesterday and it was the second best performing stock in the dow last week. over the course of the shorter term this stock has been up about 2% to 3% in the last couple weeks. when we talk about stocks it's not always about the momentum, guys. sometimes these big names can manifest themselves in great stock performance even over the shorter and longer term. >> thank you very much. talking about studs, dominic chu. >>> yesterday herb told us he was having a hard time, he was having a hard time picking his worst ceo of the year list. he reached out to you, dear viewer, asked you to help him and, i believe, you delivered. bring herb back in with an update. >> it is very interesting. they said there are a number of people who keep getting passed over as i said yesterday regarding abercrombie & fitch's ceo michael jeffreys and so what were the names? one a name i mentioned a number of times, caterpillar's. i don't kn

exxon mobil, of course, up in response to the gains we're seeing in oil prices. home depot, 3m and ge. basically we're seeing a broad-based rally but specifically a risk-on rally. utilities have been the outlier as we've seen a pickup in treasury yields today. of course, the focus has been on retail today. mastercard command said holiday spending up 2.3%, and in particular, jewelry sales were strong. you can see details, signet and tiffany. and again, the luxury segment of the retailing industry was not quite as strong according to mastercard in the holiday session. also, we want to note that 3-d printers, these were rumored to be a lot of people's christmas presents. they've been very strong over the last week. and they have been extending those gains in today's session. lastly, we want to mention the home builders because they were very strong at the start of today's session. good numbers on jobless claims. but keep in mind when the yield on the ten-year hit 3%, they started to lose ground. as can you see, they've pulled back in today's session. mandy, the dow

mobile, exxon mobil, shell, the chevron's of the world? >> it will be more lucrative. the profit-sharing is something that is not as utilized around the world with international oil companies. it is the licenses and the production sharing -- it gives andanies more liberty therefore international oil companies before that -- prefer that. we talking oil are about? mexico has untapped oil reserves and to potentially there stuff to be discovered. does anybody have an idea what the resource and reserves might be? >> mexico has the third-largest reserve in latin america. that is behind brazil and venezuela. has a large reserve base in oil and natural gas. largest -- they largest oil-h producing company. become,ould potentially, in the top five of oil-producing countries in the world. >> thank you. talking about landmark legislation that could change the mexican energy business for good. >> we are approaching 26 past the hour so it is time for lumber to take you on the markets. let's look at the u.s. markets. early in the red, and we continue there. s&p, dow, and nasdaq conti

among the best performers in the blue chip index industrial 3 m, exxon mobil, travelers on the insurance side of things and heavy machinery company caterpillar. for the ten-year treasury yield a bit of a roller coaster trade so far but see there on balance those interest rates are at least kind of ticking higher towards that 3% mark. we'll see how it pans out. back over to you. >> all right. dominic chu, thank you very much. just a quick look here, and i just tweeted this out, if you know anybody who's realtor make them buy you a drink because what we learned from the federal reserve is that interest rates are going to remain low for a long, long, long, long time, on the ral tore's side, the housing market may continue to do well and all the home builders, toll brothers, lennar, among others, are all much higher today leading the s&p 500. >> lennar which is the number three u.s. home builder reported a 13% jump in quarterly orders and the great number on housing startses so it certainly is building the case for a stable housing market going into 2014. >> all right. let's go to pimco foun

dow chemical to exxon mobil to google and facebook. you would think there would be very different insights in terms of why people stay and leave. there was a remarkable similarity. the most important one in terms of why people stay and what makes people successful is the notion of cultural fit. what more and more companies are recruiting for today and making sure they spend a lot of time to know the horns of it is -- the importance of is cultural fit. do they believe in the vision of the company? it is not just does the person fit with the company, does the company fit with the person. >> there is a talk about the rise of the millennial's. they are coming into the workforce. what is your oppression of the generation -- what is your impression of this generation and how have they influenced how companies operate? onthe first point millennial's -- it is broader than a demographic. it is a mindset. a lot of attitudes that millennials have, wanting constant feedback, wanting to take on more, fueling the workplace as a meritocracy than ch t

as i mentioned, exxon mobil is among the leaders in the dow components. and some of the car stocks. gm is recalling 1.5 million cars in china, but also a report in "usa today" that either gm or ford could buy tesla today, all three of them are down in today's session. the dow up 6 points. back to you. >> thank you for that mary thompson on the floor. >>> as you know by now, colorado is rolling forward with retail marijuana sales. how are the growing businesses preparing for the january 1 rush of recreational buyers? we want to bring in tony, the owner of river rock, a denver-based medicinal marijuana outfit, that will be adding recreational products in the new year. tony, good to have you. good morning. >> thanks for having me. good morning. >> how hard was it to get the recreational license? >> it's been a -- [ sighs ] -- it's been a long process. [ laughter ] we had to go through the medical licenses pro session, and that took about -- process, and that took about three years and the lawmakers from the state and city level spent a lot of time and carefully detailed the application

exxon mobil earlier and fmc raised from sell to neutral. another stock receiving an upgrade in the note from goldman. lsi is being acquired for $6.6 billion or 11.15 a share, a lift to other semis but we did see downgrades at oppenheimer as we look at semiconductor index which is among the stronger movers today, too. you can see a gain. a couple of other stocks a boost from analyst upgrades making moves today. moody's raised from outperform. monster, another bullish sign or vote of confidence from rbc which rated as one of its top pick for the year seeing strong sales in convenience stores as well as brazil. so its stock responding, one of the better performers today. dow up 141 points. >> strong start to monday. now something to do with how markets are closing in europe. simon hobbs with a look at what's happening there. >> a good day for europe and data's good as well in europe. i'll come back to that in a moment. it's broad-based, telecoms are leading. deutsche telekom on the talk but sprint might buy t mobile usa here in the united stat

that opens the door for companies like exxon mobil and shell to develop oil reserves. there are forecasts that that could mean another $20,000 per year to the economy. gdp will rise at half a percentage point. they have called the energy bill the cornerstone of the administration. opponents are not convinced. they say all it will do is funnel wealth to foreign investors. shocker. that is today's latin america report. >> love the way she says that. >> when we come back, it is not the season of good cheer. things have just gotten worse. we will have an exclusive with hairy reed. ♪ >> live from bloomberg headquarters in new york, this with erik anders" 70 role. >> congressmen are crusted country have rejected the heart of obamacare. help lowerned to income americans. list here he ran stat, republican, has another idea. same people with his own plan. he wants to charge his own premium. late last night, he finally reached an agreement on those premiums with the department of health and human services. i spoke with the governor before it was announced. >> we are looking at

the ceo of exxon mobil noted, and you yourself predicted the price of natural gas will go up, though only slightly. why is this not the trend of the future, at least in regard to electricity generation, where we return to increased use of coal? >> i will take the first stab at that. is alan here? as natural gas prices came up, coal burning electric utilities recovered as well, and it's kind of interesting to think about it this way. the market itself seems to be making a lot of the decisions about what fuels get burned at electric utilities. the longer-term, even with our increases in natural gas prices over the long term, we don't see a great deal of increase in coal, and alan can tell you more about that. there just aren't a lot more coal plants likely to be built, and some of the coal plants we already have could retire on an economic basis as the utilities decide what kind of capital investments they do or don't want to make an existing coal plants. so we see that crossover taking place, where natural gas begins to exceed coal as far as electric generation is concerned. alan, is

look at this, exxon mobil. debteighted cost of their is less than one percent. we just pulled the data off the terminal. i am going to post all of these tickers on twitter. the point is, eventually rates are going to go up and when that happens, these are the companies that win the cousin a have already locked in low rates for longer. >> take you very much, adam. our closer, barry, is still with us. let's talk about qe4 a minute. -- qe for a minute. what is the biggest benefit and biggest hindrance? >> the biggest benefit has been keeping rates low. we just saw how important it has been. everyone got into trouble with short-term financing and long- term obligations during the crisis, but now you see a lot of companies -- look at the bond offering that apple had. .> we know the good stuff i know you are in the fed camp. >> i am not quite in the fed camp. understand, the big complaint is that there is only so much the fed can do. yes, it helps industries like housing and autos. .> and now we have a mega bill >> not so much. these are dated bonds. if the fed wants,

exxon mobile, the top of the list, at the bottom walt disney, the company getting a downgrade, neutral, the fundamentals catch up, and espn is strong, theme parks are strong, movie theaters are strong but the stock price might be getting ahead, disney down as a result of that. nicole petallides keeping an eye on the dow down by triple digits. >> across the board weakness in the dow, the rent that is going on here and fact that you don't have people coming in and scooping it up, this will be a great bargain, you have seen a lot of weakness in material, a consumer discretionary, financials those these three days have shown a lot of selling, mark noon, as you continue to see more selling, that can pose further damage so you need to see somebody start buying. crispy cream down 19% after their quarterly report "after the bell" yesterday. since it was right there, data shows it. liz: the big three automakers and a big november, g and chrysler from a year earlier, this as motown goes into bankruptcy. talked about this juxtaposition. the carmakers with lower price entry-level vehicles and it i

and >> this weather report, brought to you by exxon-mobil. again, this is the travel time. everybody's getting on the roads this weekend and starting to look at their holiday planning. we'll be honing in on that. >> feeling that for days. >>> and coming up, robin takes us behind the scenes at the vatican. rare access, places the public almost never gets a chance to see. >>> and you could win money as you lose weight. the new way to diet, that has people taking bets on themselves to get healthier. has people taking bets on themselves there'shealthier. n for you: where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. ♪ thank you grandma for the dolls. ♪ ♪ i love it! ♪ i'm ninja kicking through the halls. ♪ ♪ i love it! ♪ mom's posting pictures on your wall. ♪ ♪ that's my kind of holiday. let'in their stocking.ore so they can do any of this, with these. gift cards. buy them online or a

you can see the leading decliners, exxon mobile, boeing, but up the upside, cisco systems. joining us, lauren simonetti. >> reporter: number one on the dallin the s&p 500. as you can see, it is up 2%. it hit an historic high, $76.54. not quite there yet cut but still substantially higher. frozen, the animated film, the best box office showing for disney says the lion king back in 1994. also guggenheim upgrading the stock, a positive view on the disney, broadbased, revenue, the parks, you name it. disney is a winner. tracy: thank you, laurin. it is time for york tech minute. commercial sells dip. taking over 9 percent of the market in the second half of 2013 with just under 2%. the lower price tag of the kumble is a big drop from businesses to have businesses. it the start as low as $199. apple was up 9%, google up over 59%. today is actually a new 52 week high. continuing the battle we move to the other mobile battlefield. the consumer electronics show is expected to announce a new information space-based and andros software. responding to the apple initiative. apple has th

the ceo of exxon mobil noted, and you yourself predicted the price of natural gas will go up, though only slightly. why is this not the trend of the future, at least in regard to electricity generation, where we return to increased use of coal? >> i will take the first stab at that. is alan here? maybe we will have alan comment on that, so maybe we can pass the microphone over that way. you correctly stated that the relative price has changed between 2012 and 2013. we had very low natural gas prices in 2011 and 2012, and that led to a big pickup in natural gas consumption by electric utilities that sounded to be in their interest to burn natural gas rather than coal. as natural gas prices came up, coal burning electric utilities recovered as well, and it's kind of interesting to think about it this way. the market itself seems to be making a lot of the decisions about what fuels get burned at electric utilities. the longer-term, even with our increases in natural gas prices over the long term, we don't see a great deal of increase in coal, and alan can tell you more about that. there

exxon and mobil-branded stations are independently owned and operated. our contracts explicitly prohibit the sale of such products. exxonmobil is reviewing the facts related to this matter and will take appropriate action." >> my life had completely become unmanageable. i couldn't stop getting high, i couldn't stop drinking, i couldn't stop using drugs are i knew i needed help some way. >> i would highly encourage anybody that has a friend or family member or struggles themselves to get help, not to try to do it on their own. >> nike ankle, a licensed therapist at cedar center, a recovering addict himself also the author of "the gift of fulfillment." >> it's guys like mike, ex-patient, who have educated me the most and told me about what this is all about. and how they need help. >> i met him after i did my first 30 days of inpatient. he became my counselor. >> he's like a perfect patient. he came in really highly motivated and willing to go through a process. when someone's willing to do that, there's usually a very high success. >> michael has been sob

and keep an eye on dow component exxon mobil, its stock has risen more than 10% year-to-date. the company continues to buy back stocks to the tune of $3 the billion a quarter. hence for management, about a peak in capital expenditure res a bit of a red flag. look for exxon stocks to continue its rise, but not necessarily outperform the competition. >> wow. i want your predictions now. you talk to people. can you give me some of your? >> i don't really like to put it out there and make a definitive statement. that's as much as i'm willing to say. but those were some bold things to say, saying iran has no impact in items of opec's capacity. saying keystone is a big deal because you have so much more capacity now to balance it out. >> i guess it's relevant in terms of de facto, but it's totally relevant in terms of the whole -- >> well, it's a huge political hot button. right now we're waiting on a couple of reports about the impact that keystone is going to have on the environment. once we get that report from the office of the inspector general -- >> it has like six reports on

. >> and keep an eye on dow component exxon mobil. it's stock has risen over 10% to date. it continues to buy back stock to the tune of $3 billion a quarter. look for exxon's stock to continue its rise but not necessarily outperform the competition. >> and, jackie, aside from exxon, we we know has had an amazing couple of weeks here, what other stocks are people talking about for 2014? >> goldman sachs calling exxon a buy. they say the company will capitalize on greater projections and they're saying this is an inflexion point for some of the super majors. that said, keep an eye on some of the other big companies well, analysts saying they like chevron for similar reasons. also the services stocks, halliburton's last investor day focusing on opportunities in deep water and also mature fields. that is the key here. those companies that can be more efficient about getting oil out of the mature fields, they are going to do very well. also the energy sector not as sensitive to higher yields, so that's an important this evening to consider as well. kayla. >> thank you, jackie.

put down theo deficit and get it to the bottom, you need to start taxing , oil companies, exxon mobil, bp, etc.. the money they make on gasoline for fuel alone is ridiculous. nobody taxes these rich people. these are the 1%. . used to be a truck driver i know. i paid a lot and feel. 1%.raise the taxes on the this budget deal, no. this is a smokescreen. this is going to get worse. as the republicans and the tea party, once they move in, this is all a smokescreen. this is just to give the democrats what they want and then they try to bowl over us. chart -- how this the budget deal covers the cost of sequestration relief. 12.6 billion dollars comes from higher security fees for airline passengers. billion comes from higher premiums for federal insurance for private pensions. $6 billion comes from reducing payments to student loan debt collectors. $3 billion comes from savings from not completely re-feeling petroleum reserves and $12 billion from reducing contributions to federal prison -- pensions. $21.5 billion of this comes from cutting other fees including cost-of-living and increases

now, the stock shortage we see in exxon is emblematic of other situations where there just isn't enough stocks to go around. you know i'm a big believer in companies that embrace social, mobile and the cloud because they represent the future of tech. in a bizarre way that explains the jet propulsion behind netflix, amazon, twitter and facebook. the demand for these stocks is huge, and there simply aren't enough companies in their category social, mobile and cloud, so you end up with a serious supply shortage in this one segment of the market. just consider it an eye on the supermarket. doesn't mean the supermarket's run out of everything, but that aisle is bare. amazon, google and netflix, amazing performers rising 55%, 52% and 296% respectively. all embracing the concepts of social and mobile and cloud. netflix is downloadable to a hand held device. it doesn't have the social component beyond people chatting in forums about what they watch. google's got all three. but i think because of its high dollar price tag, shouldn't matter, but true, it doesn't get the price to earnings multiple