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Thursday, May 17, 2018

The Market, Energy, And Political Page, Part 2, T+9 -- May 17, 2018

Quick takes:
  • US birth rate drops to record low
  • most common birth name in the UK: Muhammad (link)
  • WSJ: oil is above $70, but frackers still struggle to make money (link) -- think Amazon
  • Mexican presidential election getting closer -- July 1 is a la vuelta de la esquina
  • window seat safe again: Southwest Airlines completes engine inspections
  • Australia on track to become world's largest LNG exporter by next year, but right now faces an LNG shortage that has made imports a "very urgent need" (link)
  • Brent hit $80 for first time since November, 2014; Iran sanction concerns (link)
Off the blog until later this morning: family commitment. Good luck to all. We leave you with this:
  • WTI: $72.18
  • Dow futures: down 9 points
  • WMB: up 1.57% pre-market trading according to some sources
  • OAS: hit 52-week high yesterday; pre-market now, up another 1.54%
  • UNP: up 0.75% yesterday, flat in pre-market today
  • TSLA: showed a bit of life yesterday but down again today in pre-market
  • most oil companies I looked at are "red" in pre-market trading despite WTI above $72
  • BTC-USD: down half-a-percent yesterday
  • ETH-USD: down a percent yesterday

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