Latest Updates on CLR
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Dow Jones Dow Jones Flat After Congress Unveils New Emergency Spending Plan
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones is flat this morning as the coronavirus sparks fear of economic collapse. Congress just unveiled a new emergency spending plan in response. U.S. core capital goods orders actually increased in March. That … Read more » -
oil The Two Best Energy Stocks to Buy in April
By Money Morning Staff Reports, Money Morning •
Rising oil prices have a positive impact on the price of energy stocks. This is especially true for producers and transport companies that bring supply downstream to the refineries. The higher the price of oil, the more the reserves are worth on an … Read more » -
Oil Harold Hamm Is Dead Wrong About the EIA's 2018 Shale Oil Production Forecast
By Dustin Parrett, Associate Editor, Money Morning •
Harold Hamm just called the EIA's 2018 shale oil production prediction a "phantom forecast." But Hamm is wrong on this one, as the growth in one region of the country is more than enough to meet projections. Read more » -
Oil The Dakota Access Pipeline Was Just Delayed Again - but Don't Celebrate Yet
By Casey Wilson, Associate Editor, Money Morning •
Federal Judge James Boasberg ruled in favor of the Standing Rock Sioux Tribe yesterday (June 14), handing the tribe its first legal victory in its battle against the Dakota Access pipeline. Well, sort of... Read more » -
Energy Keystone Pipeline Stocks to Watch Now as Trump Flips Energy Policy
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler •
President Donald Trump wants more pipelines, which is great news for what we're calling "Keystone pipeline stocks." President Trump's executive orders to revive the Keystone XL pipeline as well as the Dakota Access pipeline signal a … Read more » -
Oil How the Dakota Access Pipeline Fight Could Burn Oil Stocks
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler •
The Obama administration's indefinite delay of the half-finished Dakota Access pipeline has far-reaching implications, all of which are negatives for U.S. oil stocks. The delay is bound to have a chilling effect on future oil and natural gas … Read more »