@nwtSwaps4CL @SamanthaLaDuc @MrBlonde_macro @42macroDDale @Vera_Icona_23 @jam_croissant @MacroAlf This recent column about QT may be of interest:
https://www.barrons.com/articles/fed-balance-sheet-quantitative-tightening-2022-51659731026?mod=Searchresults
Energy stocks popping as Biden reduces U.S. land open for Oil and Gas drilling 🙃
Even though oil prices are still suppressed given SPR policy (oil reserve releases) which won't finish until 1 week before the mid-term elections. 🤔
#OOTT $WTIC
U.S. appeals court sided with President Biden today, allowing his ban on #oilandgas leasing to resume.
It's a win for his "green-at-all-costs" agenda, but a loss for American energy independence and lowering energy prices.
https://www.bloomberg.com/news/articles/2022-08-17/biden-pause-on-oil-gas-leases-on-public-land-reinstated-for-now#xj4y7vzkg