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Thursday, April 19, 2018

The Market, Energy, and Political Page, T+50 -- April 19, 2018

Best article so far today, link here:
From the link --
In 1940, Congress passed the Bald Eagle Protection Act ...
... in 1978, North Dakota had no known nesting pairs and hadn’t for quite some time.
By 1999, the U.S. Fish and Wildlife Service proposed taking the eagle completely off the endangered species list. On June 28, 2007, that proposal was granted ...
Today, bald eagle numbers in the lower 48 states have climbed to more than 9,000 nesting pairs.
In North Dakota, the number of nesting eagle pairs has risen from zero, to more than 200 documented in 2017.

One needs to ask:
  • any correlation between the astonishing comeback of this bird of prey and the sage grouse?
  • any correlation between the astonishing comeback of this bird and economic activity (farming, oil) in North Dakota?
Comments:
  • there were no nesting pairs in 1978 in North Dakota; were NoDaks really killing off bald eagles all that time? certainly it wasn't due to "saving" the nests because there were no nests
  • I assume as bald eagles grew in numbers across the lower 48, they expanded their range; it simply became more and more crowded in other states
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Best tweet so far today:


Natural gas draw:


Gasoline demand: ho-hum, ho-hum --


Market:
  • OAS: jumped 10% yesterday. Story here. Zacks says: be careful.
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