Wednesday Morning Links, News, And Views

Active rigs: 184

RBN Energy: another in a series on pricing various grades of crude oil being shipped by pipelines.

Genesee & Wyoming reports traffic in Aug 2013 was 162,101 carloads, an increase of 79,415 carloads, or 96.0%, compared to G&W's traffic in Aug 2012.

WSJ Links

Alcoa, Hewlett-Packard and Bank of America will be dropped from the Dow Jones Industrial Average in the biggest shake-up of the 30-stock index in almost a decade.

Alcoa, a Dow component for 54 years, will be replaced by athletic-gear maker Nike Inc. Payments company Visa Inc. will replace H-P, which joined the index in 1997, and securities firm Goldman Sachs Group Inc. will supplant Bank of America, which spent five years in the blue-chip benchmark.

Joseph Granville, who died Saturday at age 90, was the founder of the Granville Market Letter, which thousands of investors relied on for stock-market advice.

The prospect of Syria surrendering its chemical weapons has fueled hopes the U.S. will avert its fourth conflict in a decade, but U.S. officials face a daunting array of political, diplomatic and security obstacles.

The area of Arctic sea ice this past August was nearly 30% greater than a year ago, according to satellite data, though projections suggest the ice will continue its long-term decline.

Saudi Arabia has been pumping oil at its highest level in decades to offset a global shortfall fueled by another hot spot besides Syria: Libya, where unrest has slashed output.

The Egyptian interim government has stripped tens of thousands of imams of their preaching licenses in what amounts to the most aggressive assault on religious freedom since the Islamist president was deposed.