For the past two months, Wall Street has been reminded that stocks can push lower just as easily as they can head to new highs. This is especially true for companies in the world's most iconic stock index, the Dow Jones Industrial Average (DJINDICES: ^DJI). The Dow's 30 components are time-tested and usually profitable, making them the perfect candidates to bounce back from this ongoing market correction. Read More...
Reuters
Alberta oil can be a solution to U.S. energy supply crunch – minister
Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savage, said on Sunday. Alberta has some spare pipeline and rail capacity and can move more oil to the United States, Savage said in Houston ahead of the CERAWeek energy conference by S&P Global. “We are the solution, not Venezuela and others,” Savage told Reuters, an apparent reference to U.S. sending a delegation to Caracas last week to discuss an easing of U.S. oil sanctions.
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