Environmental groups appeal Illinois order allowing Dakota pipeline expansion

By Laila Kearney NEW YORK (Reuters) – Environmental groups are appealing a decision made last month by Illinois regulators to allow the expansion of the Dakota Access oil pipeline (DAPL), according to documents filed with the state on Friday. The Illinois Commerce Commission last month voted to approve an application to roughly double the capacity […]

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Trump Lets Keystone Line Ship More Oil With Expansion Stalled

© Reuters. Trump Lets Keystone Line Ship More Oil With Expansion Stalled (Bloomberg) — The Trump administration will allow the existing Keystone pipeline to carry more oil-sands into the Midwest and U.S. Gulf Coast while the conduit’s decade-old expansion project faces renewed legal hurdles. A White House permit issued Wednesday raises the cross-border shipping limit […]

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Fed’s Bostic hints next leg of sharp M2 expansion may be around the corner, Gold breaks $1800

Gold futures climbed above $ 1800 level after one of the architects of the Fed’s current monetary stance, Rafael Bostik, made a less optimistic assessment of the US economic recovery than Fed Chairman Powell. Right in the midst of surprising economic updates in May and June, the head Atlanta’s Federal Reserve Bank said he sees […]

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China manufacturing, services show steady expansion

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