First-half 2024's US LNG Exports Rise 3%, DOE Says
According to the most recent data published...
According to the most recent data published by the U.S. Department of Energy (DOE), the U.S. reported a 3% rise in LNG exports in the first half of 2024 compared to the first half of 2023. The top ten destinations are countries in Europe (six, including the U.K.) and Asia (four).
U.S. LNG exports averaged 11.8 Bcf/d in the first half of 2024, rising 3% compared to 11.5 Bcf/d in the first half of 2023, the DOE reported in its monthly report.
DOE said total U.S. natural gas exports averaged 21 Bcf/d in the first half of 2024, which likewise represented a 3% rise compared to 20.3 Bcf/d in the first half of 2023.
Earnings season enters Week 1. And tomorrow will feel...
Earnings season enters Week 1. And tomorrow will feel like an NFL Sunday with a full slate of reports coming from Goldman Sachs, Bank of America, and Citigroup in the financial sector, along with healthcare giants Johnson & Johnson, Walgreens, and UnitedHealth. And just like the NFL, more drops will be spread throughout the week: Morgan Stanley will report on Wednesday, Netflix reports on Thursday, and Procter & Gamble and American Express drop their financials on Friday. It’ll pose a big test for the stock market’s $8 trillion rally this year.
China’s finance minister gave a much-hyped briefing on Saturday, promising more government support for the country’s stalled economy. But a lack of detail left investors disappointed.
“Mystery drones swarmed a US military base for 17 days. The Pentagon is stumped.”
Army and Navy football teams are 5-0 for the first time since 1945 and could meet multiple times this season—once in their conference championship game and again eight days later in their annual matchup.
Florida is cleaning up from back-to-back hurricanes
With Milton and Helene both having hit Florida hard, its residents have ...
With Milton and Helene both having hit Florida hard, its residents have begun to remove debris as rescue teams continue to search for people, millions remain without power, and flood waters are still flowing in some areas. Floridians were warned to steer clear of those waters to not only avoid bacteria, but also stingrays and alligators that might be lurking.
Reporting its first quarterly earnings since the Fed’s big interest rate cut, America’s biggest bank earned more than expected from loans and boosted what it forecasts it’ll earn for the year. Meanwhile, its CFO affirmed that the economy is in good shape, noting, “These results are consistent with a soft landing.” But it wasn’t all puppy dogs and rainbows at JPMorgan: CEO Jamie Dimon cautioned that geopolitical risks remain a looming threat, saying “conditions are treacherous and getting worse.” In other banking news, Wells Fargo also beat earnings expectations.
Red River Rivalry Day - OU vs Texas: The Longhorns lead the series with an all-time mark of 63-51-5, but the Sooners won five of the six five meetings and were 18-11 vs. Texas in the Big 12 era. As of Saturday morning, BetMGM has the Longhorns favored by 16.5 points with an over/under set at 49.
When: 2:30 p.m. [Central] Saturday
Where: Cotton Bowl in Dallas
TV: ABC
The Nobel Peace Prize was awarded to Nihon Hidankyo, a Japanese organization of survivors of the atomic bombings of Hiroshima and Nagasaki, that advocates against nuclear weapons.
Boeing plans to lay off 10% of its workforce, or ~17,000 people, to cut costs as its factory workers’ strike continues.
Stellantis’ CEO plans to step down as the head of the struggling automaker in 2026.
The Kremlin confirmed that Donald Trump had sent Covid tests to Vladimir Putin, as reported in Bob Woodward’s new book.
Oregon-based BrucePac recalled 10 million pounds of meat and poultry over listeria concerns.
It’s Yom Kippur. Wishing a meaningful and easy fast to our readers who observe.