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So much for all that talk about the impending divorce leading to a plummeting CLR share price: CLR is up big today. Up about 2%. No link; dynamic pricing, of course.
Oil is up nicely.
SRE is up a bit, but will be hard-pressed to hit new highs after recent run-up; besides, all the good news is already out. SRE will go ex-dividend tomorrow.
Likewise, CVX is up. It hit a new high but has pulled back a bit, but still up for the day, although the day is "young."
OAS is up very nicely, but it has a way to go to get to its high. KOG, flat.
Louisiana light sweet: selling at a $17.75 premium to WTI at Cushing. The link is dynamic, but comments were accurate at time of posting. This would be a very good time for folks to read today's RBN Energy post.
I would assume with the news coming out of Cyprus, the Euro will strengthen. Oil is up almost a buck now.
AAPL is doing very, very well, the last couple of days. I own no shares in AAPL and never have.
The Obama administration kills another pipeline, the Enbridge Sandpiper pipeline that would have carried 225,000 bbls of oil out of the Bakken, to the east. Sandpiper competitors, particularly the rails, found fault with the proposal. The Obama administration agreed. A huge win for rail. ENB is up today in trading, hitting a new high. They will simply charge more for the oil they ship by pipeline, and without the cost of another pipeline. This is not rocket science; of course, Enbridge will come back with a new proposal, if they really want the pipeline, and they will get it approved the second time around. Bigger problems in Maine. [By the way, EEP is also up today.]
