Tuesday, September 11, 2018

T+30: WTI Up 2% -- September 11, 2018

WTI: No oil platforms off Wilmington, North Carolina so I don't think Hurricane Florence is the reason for the jump in oil prices. And I don't think it's the Iranian sanctions, but that will be the story.

Booooom! The Dow just spiked up 140 points. All other major indices following. 

Fightin' Schwa: The Rosebud Sioux tribe and the Fort Belknap Indian reservation have filed a lawsuit seeking a withdrawal of Washington’s approval of the controversial Keystone XL oil pipeline. From oilprice.
In his August ruling, Judge Morris said that the State Department had to “analyze new information relevant to the environmental impacts of its decision” before approving the Keystone XL project. The same judge will hear the Rosebud Sioux and Fort Belknap case.
I Love Rock n' Roll, Joan Jett

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