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• ☕️What Else is Brewing Saturday Morning
  Flight cancellations could rise to 20% if shutdown continues. Airlines...
  Flight cancellations could rise to 20% if shutdown continues. Airlines canceled at least 1,000 US flights yesterday, after the FAA ordered 10% flight reductions at 40 airports across the country over the next week as air traffic controllers missed a paycheck due to the government shutdown. Yesterday’s cancellations amounted to a 4% reduction, but Transportation Secretary Sean Duffy said it might get even worse, with flights reduced by as much as 20% if the shutdown drags on. “If this shutdown doesn’t end relatively soon, the consequence is that more controllers don’t come to work,” Duffy told Fox News.
  
  The Supreme Court temporarily halted a judge’s order that required the Trump administration to fully fund the SNAP program for the month, pausing it until an appeals court decides whether to put its own block on the order while the administration appeals it.
  
  Cornell University agreed to pay $60 million to end the Trump administration’s civil rights investigations into the school and to get more than $250 million worth of federal funding restored.
  
  The Justice Department said it was investigating price-fixing allegations after President Trump accused meatpacking companies of colluding to drive up beef prices.
  
  No jobs report from the BLS was published yesterday because of the government shutdown. That means the Fed likely won’t have complete information when it decides whether to cut rates next month.
  
  Former NY baseball player Darryl Strawberry was pardoned by President Trump on tax evasion and drug charges.
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• DAILY OIL PRICE: November 7, 2025
  Crude Oil: 59.75   (+0.32)....
  
  
  • Crude Oil: 59.75   (+0.32).
  
  
  • Nymex MTD AVG: 60.2056.
  
  
  • Natural Gas: 4.315   (-0.042).
  
  
  • Gasoline: 1.9403   (-0.0253).
  
  
  • Spreads: December/January (+0.13)     January/February (+0.15).
  
  
  • Plains WTI Posting: 56.23   (+0.32)
  
  

  
  Source: Odessa American
  
  
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• Dow ekes out gain as stocks end mostly higher and tech posts worst week since April
  The U.S. stock market closed mostly higher Friday, but...

  The U.S. stock market closed mostly higher Friday, but all three benchmarks saw weekly losses amid worries over stretched valuations as the technology sector struggled.

  
  

  The Dow Jones Industrial Average rose 0.2% while the S&P 500 increased 0.1% and the Nasdaq Composite retreated 0.2%, according to preliminary data from FactSet.

  
  

  U.S. stocks pared losses heading toward the closing bell on Friday, with the S&P 500 index eking out a gain despite Big Tech losses. The index’s tech sector fell for a fourth straight day on Friday to book its biggest weekly drop since April, according to FactSet data.

  
  

  For the week, the Dow fell 1.2%, the S&P 500 declined 1.6% and tech-heavy Nasdaq dropped 3%, according to the preliminary FactSet data.

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• Greece, US sign LNG deal to replace Russian gas
  Greece has signed a 20-year deal to import 0.7 billion cubic meters of...
  Greece has signed a 20-year deal to import 0.7 billion cubic meters of LNG annually from the United States starting in 2030, as part of efforts to replace Russian gas in Europe. The agreement involves Greek gas utility DEPA, energy company Aktor and US-based Venture Global, which is building an export facility in Louisiana. US officials emphasized at an Athens energy conference that they aim to substitute Russian gas with American energy, positioning Greece as a critical entry point for US LNG into Europe.
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• Cost pressures haven't slowed US LNG contracting surge
  US liquefied natural gas exporters locked in 32.5 million short tons...
  US liquefied natural gas exporters locked in 32.5 million short tons per year of binding contracts this year through October, four times last year's total and the second-highest volume on record, according to Rapidan Energy Group data. Developers including Sempra, Cheniere Energy and Next Decade have sanctioned projects that will expand US export capacity by 67.8 million short tons annually. A rapid build-out could flood the market later in the decade, but producers remains confident in long-term demand, even as rising construction costs and liquefaction fees threaten project viability.
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