The Energy And Market Page, T+269 -- October 17, 2017; Let's See If Wind And Solar Can Make It On Their Own -- Australia To End All Wind And Solar Subsidies As Of 2020 To Help Reduce Electricity Costs For Consumers; ESPN Does Not Televise National Anthem For MNF

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NYSE: with 125 131 new highs today, including -- BRK-A: D.R. Horton, JPM; McDonald's; UnitdHealth Group;

• on the NYSE: 22 25 new lows
• NFLX (Netflix): down 3.5% after reporting great subscription numbers; profit-taking; traded at new high earlier today
• XLNX: down a bit but flirting with a new high
• PLUG: down 2% today
• watching for BK on October 19, 2017, when earnings are reported
• GS, down 2.3% today but surprises with a "beat"; and it was a huge beat; EPS of $5.02 vs estimate of $4.17 (huge; a 20% beat); and revenue of $8.3 billion vs estimate of $7.5 billion (again, huge; an 11% beat)

Worth re-posting: Trump vs Obama --

Enbridge: I can hardly wait to read this story over at Twin Cities Pioneer Press: US State Department grants permit for Alberta Clipper pipeline. It took the US State Department five years to study this 3-mile section of pipeline that was already in place; and the oil was being "re-routed" through a parallel older pipeline until the permit was approved. See this post and this post. And folks still wonder why I support this administration. Wow, eyes wide shut.

Australia rejects clean energy target: from PennEnergy.  It looks like with regard to clean energy craziness, Europe is going it alone.

The Australian government on Tuesday rejected a plan to generate 42 percent of the country's power from wind and solar energy, in a setback for compliance with climate change commitments.

Conservation groups have condemned the ruling conservative coalition for abandoning the renewable energy target for 2030 that was recommended this year by Australia's chief scientist to comply with the Paris climate change agreement.

The government instead plans to require power companies to provide a certain minimum amount of power from coal, gas and hydroelectric generation. Reliance on solar and wind generation would be limited according to the needs of each state for guarantee of supply.

The policy change will end subsidies paid to wind and solar generators from 2020, to help reduce costs for consumers.

Since election day, as of yesterday:

• Dow Jones: closed at 22,957; up 4,624 points or 25%
• S&P 500: closed at 2,558; up 418 points for 20%
• Nasdaq: closed at 6,624; up 1,421 points or 28%

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No national anthem for you! 'Monday Night Football' ratings drop to season low as Titans break Colts' streak.

It felt like a little bit of history was being made on Monday Night Football as the Tennessee Titans finally snapped their streak of 11 consecutive losses to the Indianapolis Colts. However, as social media sparked with ESPN not showing the playing of the national anthem, another type of history was also being made: Last night’s primetime broadcast of the Titans’ 36-22 victory stumbled to a season low with a 6.1 in metered market results.

In a season stained by overall ratings declines and political controversy, that NFL Week 6 rating is down 13% from the early numbers of the much tighter October 9 matchup between the Minnesota Vikings and Chicago Bears. That MNF season low went on to deliver a 3.7 rating among adults 18-49 and a total viewership of 10.3 million. It’s worth noting that the peek of last week’s MNF came at halftime on the Disney-owned cabler when the new Star Wars: The Last Jedi trailer debuted.

Year-to-year, last night’s MNF dipped just over 3% in the MM results from the Arizona Cardinals’ 28-3 demolition of the New York Jets on October 17, 2016. With a rating that matched the Jets score, that demo season low eventually landed with a 3.0 among the 18-49s and 8.4 million viewers, an almost audience bottom.