Wednesday, June 14, 2017

The Energy And Market Page, T+145 -- June 14, 2017

Baked in: "Fed" "raised rates" a quarter point.

Dow: if the Dow set an all-time high yesterday, then another 46 points today, suggests the Dow set another new all-time high today.

Nasdaq: down 25 points.

Big loser: oil. down almost 4%; below $45.

Making America great again. It's possible a big Taiwanese Apple supplier/manufacturer will build factory in Wisconsin or Michigan.  

EPA: Trump will postpone industry compliance with an Obama-era rule limiting methane emissions from oil and gas wells on federal lands. An effort by Congressional Republicans to repeal the methane rule failed in the Senate by one vote on May 10, 2017.

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