The Market, Energy, And Political Page, T+45 -- September 27, 2018

Decreased royalties: a reader wrote me this morning telling me that her royalty income was cut in half month-over-month -- largest decline in recent memory. No reason given. But if Iowa Supreme Court scuttles the DAPL, expect more of the same. Four acres and a mule.

The market is surging:

• DOW (irrelevant): up 110 points after a slow start this morning
• all other major indices up
• AAPL: up $4.76 (up over 2%)
• YUM: flirting with 52-week highs
• YUMC: well off its highs
• EW: hit an intra-day 52-week high
• COP: up about half a percent
• CVX: up about a third of a percent
• UNP: up about 3/4th of a percent -- thank you Ms Why-own-a LaDuke when you can rent one?
• PLUG: down a penny;
• OAS: up 2%
• NOG: over $4, now; up 4% for the day; on a roll
• HES: up almost 2% today; 
• EOG: up over 1% today
• DNR: up over 1% today, trading at $6.22