WASHINGTON – U.S. President-elect Donald Trump will pick U.S. Representative Cathy McMorris Rodgers, a climate-change skeptic and an advocate for expanded oil and gas development, to run the Interior Department, a Trump aide said on Friday.
The appointment could mean easier access for industry to more than a quarter of America’s territory, ranging from national parks to tribal lands stretching from the Arctic to the Gulf of Mexico, where energy companies have been eager to drill and mine.
Gold (ABX, KGC, HL, NEM) and Silver (EXK).
Mexico will likely contribute to non-OPEC oil output cuts at a meeting with OPEC producers on Saturday, two sources told Reuters on Friday.
Brent Crude for February Delivery is up 0.56% or $0.30. Nat Gas is up 0.43% or $0.02 for January Delivery. I’m still bullish on XOM and CHK, respectively and it is prudent to add to positions ahead of Fed meeting.
CHK 2/17/17 $8.00 Calls at $0.62. Trading activity VERY ROBUST.
on LMT weakness.
For Speculative Accounts Only, BUY LMT $310 Calls 3/17/17 at $0.35.
CMG. Current ratio of appx. 4, CAN WITHSTAND THE HEAT IN THE KITCHEN!
CEO of Exxon Mobil is front runner for nomination to Secretary of State.