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  • The Problem With The Ethanol Industry

    From forbes.com

    Despite once being included on an "Ethanol Enemies List", I would like to see a healthy U.S. ethanol industry. I think it's important for the U.S. to produce as much fuel as we can domestically, and it's important to keep U.S. farmers in business. I just disagree with the way we created and expanded this industry in the U.S. I also disagree with a lot of misinformation that is promoted by the ethanol industry (or any industry for that matter). Consider the business model of the ethanol industry. It is essentially to get the federal government to force consumers to use their product. That is not a ... (full story)

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    Natural Gas Price Fundamental Weekly Forecast – Some Heat in Forecast, but Not Enough to Dent Supply

    From fxempire.com|Aug 11, 2019

    Natural gas hit a multi-month low last week, but traders were able to claw back most of the loss. Last week’s two-sided trade was driven by forecasts showing building heat in ...

    Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts

    From bnnbloomberg.ca|Aug 11, 2019

    The shifting balance of power in the oil world is showing up in a new indicator: central bank reserves. For the first time in eight years, the Bank of Russia’s total stockpile of ...

    Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession

    From reuters.com|Aug 11, 2019

    Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the ...

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    WTI technical analysis: Bears can target below the 50 handle on an escalation of the trade wars

    From fxstreet.com|Aug 11, 2019

    Tug of war between bears and bulls as price meets 50% retracement target. While below the 50 and 200 daily moving averages, bears remain in charge. The price of oil started to ...

    Low prices, LNG uncertainty add to frustration levels for natural gas producers

    From cbc.ca|Aug 11, 2019

    Greg Kist admits he was burned out when he resigned as president of Pacific NorthWest LNG at the end of 2014, as the Vancouver-based venture led by Malaysian energy giant Petronas ...

    PBoC Fixes USDCNY Ref Rate At 7.0211 (prev fix 7.0136; close 7.0615)

    From @LiveSquawk|Aug 11, 2019

    tweet at 9:16pm: PBoC Fixes USDCNY Reference Rate At 7.0211 (prev fix 7.0136; prev close 7.0615) tweet at 9:16pm: PBoC Open Market Ops: - PBoC To Inject CNY 30 Bln Via 7 Day Reverse Repos

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  • Posted: Aug 11, 2019 7:43pm
  • Submitted by:
     Newsstand
    Category: Energy Trading News
    Comments: 0  /  Views: 57
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