Natural Gas

Trump To Sign 'Energy Independence' Order Tomorrow Rolling Back Obama Climate Change Initiatives

"This is about making sure we have a pro-growth and pro-environment approach to how we do regulation in this country.  For too long, over the last several years, we've accepted the narrative that if you're pro-growth, pro-jobs you're anti-environment and that's just not where we've been in the country.  And the executive order is going to address the past administration's effort to kill jobs across this country through the clean power plan."

Trump Approves TransCanada's Keystone XL Pipeline

It's official: moments ago TransCanada said the U.S. Department of State issued a presidential permit for the construction of the Keystone XL Pipeline, ending a multi-year controversial, at times acrimonious debate over the future of the pipeline linking Canadian oil sands to U.S. refiners.

All Eyes On Washington: US Futures Rise On Hope Healthcare Vote Will Pass

Asian shares and S&P futures rose on optimism that today's rescheduled U.S. vote on health care will pass following Trump's Ultimatum to the Freedom Caucus. European stocks gave up some of Thursday’s gains, falling for the fourth time in five days, and moving further away from a 15-month high reached a week ago while the yen weakened for the first time in nine days.

Frontrunning: March 15

  • What to watch at the Fed meeting (FT)
  • Dutch vote in test of anti-elite sentiment in Europe (Reuters)
  • Where Are the Battlegrounds in the Dutch Election? (BBG)
  • Erdogan says Dutch have ‘rotten character’ as row escalates (FT)
  • How the Fed Convinced Markets It’ll Raise Rates This Week (BBG)
  • GOP Senators Say Health Bill Won’t Pass Unless Changed (WSJ)

Frontrunning: March 14

  • U.S. East Coast Braces for Late-Winter Blizzard (WSJ)
  • U.S. Blizzard Grounds Flights, Raises Power as Trump Tweets (BBG)
  • Debt Ceiling Fight May Be Too Tempting for Trump to Pass Up (BBG)
  • Russia appears to deploy forces in Egypt, eyes on Libya role (Reuters)
  • EU headscarf ban ruling sparks faith group backlash (Reuters)

How Shale Is Reshaping The World: Three New Wars

"...the US Shale revolution will accelerate the breakdown of the global order as we know it, reshaping global geopolitics, leading to three major conflicts - Russia vs. Europe, Iran vs. Saudi Arabia & an Asian Tanker War"

Russia, UAE Sign Breakthrough Military Deal

The United Arab Emirates (UAE) has signed an outline agreement to buy Russian aircraft. It also plans to implement a joint project with Russia to develop a next-generation fighter that could enter service in seven or eight years.

Mother Nature Massacres Natural Gas Bulls

"It’s been kind of worst-case scenario for the bulls... Mother nature continues to be bearish, ultra-bearish... The utter lack of (heating) demand is, in my opinion, 99.9 percent of the natural-gas story."

US Futures, European Stocks Rise Despite HSBC Plunge; Dollar, Oil Jump

European stocks rose again with S&P futures higher, while Asian stocks were mixed. The dollar rose jumped on hawkish comments by Philly Fed's Harker, oil rose following optimistic OPEC comments, while gold dropped. Markets have largely ignored results by financial heavyweight HSBC, which posted its largest fall since mid-2015 after reporting a 62% plunge in pretax profit.