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• EU under pressure to delay methane law for US oil, gas
  The US is pressing the European Union to delay enforcement of its new...
  The US is pressing the European Union to delay enforcement of its new methane emissions requirements on US oil and natural gas imports until 2035, citing heavy compliance burdens and risks to transatlantic energy trade. The US is also seeking automatic recognition of its own methane regulations and limits on penalties for noncompliance. EU officials say they are open to easing implementation but have ruled out exemptions or rolling back the regulation.
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• The delayed jobs report is finally here. It’s not great
  The October and November ...
  The October and November jobs reports and the October retail sales report arrived yesterday, painting a shaky picture of the US economy. Payrolls rose 64,000 in November, but declined by 105,000 in October, while the unemployment rate ticked up to 4.6%—the highest since 2021. Meanwhile, retail sales stalled.
  
  According to the Bureau of Labor Statistics, job cuts pushed ~160,000 federal workers off payrolls in October. Over the last two months, the private sector gained 121,000 jobs—mostly in healthcare and education—but manufacturing payrolls fell to their lowest levels since 2022.
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• ☕️What Else is Brewing Wednesday Morning
  The Brown University shooter is still at large. Four...
  The Brown University shooter is still at large. Four days after a gunman killed two students and injured nine others in a lecture hall at the Ivy League school, the suspect remains at large, according to police. Yesterday, the FBI released new, enhanced video of a masked person of interest and asked for it to be shared widely, offering a $50,000 reward for information leading to the arrest and conviction of the shooter. Providence Police Chief Oscar L. Perez Jr. said the department has received hundreds of tips. He also directed the public to study the person of interest’s posture and body movements in order to identify him. Officials had detained a man in connection with the shooting and later cleared and released him, but not before his name leaked to the press.
  
  Warner Bros. Discovery is planning to reject Paramount’s hostile takeover bid over concerns with financing, Bloomberg reported. The outlet also said that Jared Kushner’s private equity firm, Affinity Partners, is withdrawing from Paramount’s bid.
  
  House Speaker Mike Johnson blocked a vote to extend Affordable Care Act tax credits, all but guaranteeing that premiums will increase for millions of Americans next year.
  
  FIFA is slashing some 2026 World Cup ticket prices to $60 after widespread backlash from fans.
  
  OpenAI released an update to ChatGPT that it says makes the chatbot better at generating images.
  
  Frontier Airlines replaced its longtime CEO, Barry Biffle, with its president as the low-budget airline struggles to stay profitable.
  
  Howard Stern renewed his deal with SiriusXM for another three years, months after the radio host pranked fans by saying that Andy Cohen would be taking over his show.
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• DAILY OIL PRICE: December 16, 2025
  Crude Oil: 55.27   (-1.55)....
  
  
  • Crude Oil: 55.27   (-1.55).
  
  
  • Nymex MTD AVG: 58.4013.
  
  
  • Natural Gas: 3.886   (-0.126).
  
  
  • Gasoline: 1.6809   (-0.0514).
  
  
  • Spreads: January/February (+0.14)     February/March (+0.08).
  
  
  • Plains WTI Posting: 51.75   (-1.55).
  
  

  
  Source: Odessa American
  
  
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• Dow closes 300 points lower as weak November jobs report weighs on stocks
  U.S. stocks finished mostly lower on Tuesday after the...

  U.S. stocks finished mostly lower on Tuesday after the November jobs report showed stronger employment growth but a higher-than-expected unemployment rate.

  
  

  Meanwhile, a sharp decline in oil prices also weighed on stocks amid hopes for a potential peace deal to end the Russia-Ukraine conflict.

  
  

  The Dow Jones Industrial Average lost over 300 points, or 0.6%, to end near 48,114, according to FactSet data. The blue-chip index has fallen for three consecutive trading days.

  
  

  The S&P 500 fell 0.2% to finish at around 6,800.

  
  

  The Nasdaq Composite rose 0.2%, ending near 23,111.

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