22 October 2014



Today’s Issue Cluster: Oil

US – The Dental Index Suggests Economic Pain Ahead
Pipeline – Opposition builds to Energy East
Aluminum – China’s ‘Aggressive’ Electric Car Ambitions to Boost Metal


MAJOR DATA POINTS

Japan – Sep: Exports Rise Most in Seven Months; +6.9% / B / AP / WSJ / AFP

US – Sep: Inflation Pressures Modest; +0.1% from -0.2% / WSJ / R / B * *


MARKETS



ECONOMICS

US – Global Growth Woes Threaten to Beset Economy WSJ *

US – The Dental Index Suggests Economic Pain Ahead BW *


POLITICS & FISCAL POLICY

China – GDP Growth Bolsters Case for Stimulus Restraint B

China – Slowdown Raises Pressure on Beijing to Spur Growth WSJ *

China – Not clear Beijing would do stimulus even if it wanted to FT * *

China – Climb of debt continues, now at 209% of GDP / b *


MONETARY POLICY

PBOC – Speculation grows of early interest rate cut CD *


FINANCE

US – Fed to Banks: Shape Up or Risk Breakup WSJ / NYT


REAL ESTATE



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

Pipeline – Opposition builds to Energy East G&M / B

Pipeline – Beyond Energy East: The great push to get Alberta’s crude to market FP *

Pipeline – Kinder Morgan plans hits a mountain of opposition R

Pipeline – Grand Rapids line approved by Alberta Energy Regulator CBC *

Pipeline – Rail boss says worst ever gridlock looms FT / WSJ / G&M

Pipeline – EU approval of South Stream would be a move against Ukraine R / bi *

Pipeline – Russia and China may agree on Western gas line in 2015 RT *


COMMODITIES

Aluminum – Will Cheap Gas Hurt Sales of Ford’s New Pickup? WSJ *

Aluminum – China’s ‘Aggressive’ Electric Car Ambitions to Boost B

Steel – China’s record exports have global implications FT *

Steel – Ebola fears causing mining shares to plummet faster than iron / b *


ENERGY & ENVIRONMENT

Oil – Growth in Chinese demand buoys Brent FT

Oil – Non-Gulf OPEC Nations Push for Output Cut WSJ

Oil – Yergin: A surplus of risk in the world, but a greater surplus of crude ft

Oil – Industry observers sticking with $100 forecasts q *

Oil – Saudi Arabia tests US ties FT / B / FT

Oil – Saudi Arabia keeps the market guessing FT * *

Oil – Rival Governments Dispute Control of Libyan Output WSJ / e *

Oil – Mexican Oil Giant Pemex Looks to Reverse Decline WSJ *

Oil – Price fall triggers fears of Venezuela default FT / WSJ * *

Oil – Price fall offers mixed blessings for Japan FT *

Oil – Offshore drillers’ sales to fall in oversupplied market R *

Oil – Low prices do not ensure shale output cuts FT / FT / B / B / WSJ *

Oil – $80 Level Muffles Forecasts for US Shale Boom B

Oil – No End in Sight for US Production Boom NYT

Oil – ‘Not So Cheap That US Won’t Profit From It’ B *

Oil – Producers Cramming Wells in Risky Push to Extend Boom B

Oil – Falling price to cut shale costs FT * *

Oil – North Dakota to overtake the fourth largest OPEC producer / b *

Oil – Farmers, Hedge Fund Strike Deal Over Payments for Guar WSJ

Oil – US Exports Would Lower Gas Prices, Government Report Says WSJ

Oil – Why Canada’s energy boom remains on course despite sliding prices FP

Oil – Shelved and supersized: Paradox as Joslyn project expanded FP

Oil – Does this man have the solution Canada’s oil sands has been waiting for? FT


LABOR & EDUCATION



HEALTH



ENDNOTE

The world, mapped by countries’ greatest fears q *


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