Mr Klug Goes To Washington -- August 17, 2018 -- The Market, Energy, Political Page, Part 2 -- T+4

Making America great again, link here:

Mayor Howard Klug and City Administrator David Tuan are among a select group of North Dakota leaders, invited to the White House on August 30, where Trump administration officials are eager to hear about the North Dakota miracle. Chiefly, how western North Dakota has helped to not only feed the world, but keep its engines running. 

New airport on schedule, link pending -- original source has wrong link.

New airport construction is continuing to move forward and was the main focus of the Williston City Commission meeting Tuesday evening. The XWA project team received approval on two task orders for construction on the commercial parking lot and navigational aide installation. They also discussed a new provider for electronic advertising opportunities for the current airport, Sloulin Field International.

DAPL to expand, link here:

The CEO of Energy Transfer Partners said Aug. 13 he hopes to announce an expansion of the Dakota Access Pipeline soon. Kelcy Warren, CEO of the company that developed the $3.8 billion pipeline, participated in a roundtable discussion with U.S. Energy Secretary Rick Perry and other energy industry leaders at the University of Mary in Bismarck.

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The Market, Energy, And Political News Of Note Today, Continues/Continued 

Does he ever sleep? Does he ever quit thinking? Wow, whether you love him, hate him, or somewhere in between, this president never quits. Now this: best advice ever -- Trump asks SEC to mull half-year corporate filings. Poll at the sidebar at the right: what are your thoughts? Perhaps base it on market cap? Perhaps by exception -- with SEC approval on case by case basis -- for companies like Tesla with huge market cap but earnings make little difference. I don't know.

Wow: the Dow held today; not up much, but up, after a 400-point surge yesterday. The other indices "red" but not by much. Correction: only one major index is still red, the NASDAQ -- think tech.

Nimble traders yesterday did well. I see some of the oil companies bounced back. But look at this:

• AAPL: up another percent, trading at new all-time highs, now at $215/share, and this is after going "ex-div" as the big guys say
• BRK-B: up a bit
• WMT: green, but not by much; still not at $100
• TSLA: dropping like a rock again
• UNP: in a trading range; one to watch with expanding economy and all that talk about truckers not able to keep up 
• ENB: up 3%
• ETP: up 2.5%