What We Will Be Talking About Thursday -- September 15, 2022

First things first:

Atlantic storm:

• tropical storm east of Puerto Rico slow to organize; Google winds;

Why oil surged, September 14, 2022; Motley Fool; 

• weekly EIA build: only 2.4 million bbls despite SPR release of 8 million bbls
• OPEC falling short of production quotas
• Biden administration talking about refilling SPR
• demand still outpacing supply;

Apache Oil: doubles dividend (haven't found story yet)

• dividend announcement: link here; go to September 14, 2022.
• record date: 10/21/22; paydate: 11/22/22
• was 12.5 cents; now 25 cents;

Shell:

• renewables boss replaces current CEO;

Rail strike:

• northeast at particular risk; energy; also at Charles Kennedy;
• grain shipments to come to halt
• some say this will be over in less than a week: averted?
  
• rail-to-truck would cripple US truckload long-haul capacity; link; 
  

Germany: 41% coal --

Japan:

• high energy prices send Japan's trade deficit soaring; link to Irina Slav;

T:

• the absurdity: ATT's yield is higher than its p/e; link;
• yield: 7.87%
• p/e: 6.7

Californians moving to Texas:

Football:

• Saturday night: NDSU vs Arizona State; NDSU the favorite;
• Bengles at Cowboys; CBS;

Dallas crocs: