Oil holds its recent gain.
LNG holds its recent loss. Hopefully that will change.
- Don't see any update to the Australian LNG strike.
- Possibly more Australian Green energy regulation coming into play that might affect their exports. http://www.reuters.com/business/energy/strikes-knock-another-leg-out-under-australias-lng-throne-2023-09-15
"While the industrial action has rattled European gas markets, buyers of the Australian super chilled fuel say they're more worried about a series of measures introduced by the government to meet domestic energy needs, manage soaring gas prices and reduce emissions."
- LNG exports from Freeport have resumed normal operation. There is a LNG tanker at the dock right now. Elisa Larus. On a Sunday, even. http://www.marinetraffic.com/en/ais/home/centerx:-95.314/centery:28.938/zoom:13
- I am bias LNG simply because of its clean burn nature. How can it not be a transition fuel. Not sure we should count on seeing last year's high, that was a bit of an anomaly with the Russia/Ukraine issues.
PS. Not seeing much UAW strike news.
PPS. Dolphins won 24-17. Tua did NOT get a concussion tonight. Yay!