Emails and documents obtained by DeSmog reveal that the U.S. Department of Trade has actively promoted and facilitated business deals for the liquefied natural gas (LNG) industry and export terminal owners, even before some of the terminals have the federal regulatory agency permits needed to open for business.
A document published by the Public Relations Society of America, discovered by DeSmog, reveals that from the onset of its public relations campaign, the oil industry courted mainstream media reporters to help it sell the idea of lifting the ban on crude oil exports to the American public and policymakers.
This morning we flipped positive on the indexes as well as on Natural Gas Futures (/NG) at $1.73 and Oil Futures (/CL) at $36. You can find those levels by checking out our morning Tweet, but we don't do those very often - nor do we always make free picks - it's just Christmas and we can afford to be generous.
We have, essentially, a 3-day week this week and don't expect people to stick around on Wednesday either and Friday being a half-day is a joke as it's dead as a doornail on Thanksgiving Fridays. Overall trading with be thin, which means all market action should be taken with a grain of salt and, unfortunately, we get revised GDP tomorrow morning -- which is very important.