It is the 22nd of September 2017

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WTI/RBOB Jump After Smaller Than Expected Crude Build

After last week's record-breaking draw in Gasoline stocks, and big crude build, the noise from Harvey and Irma disruptions continues to add volatility to the data. API reported a smaller than expected crude build and bigger than expected gasoline (and distillates) draw sent prices for both WTI and RBOB higher.

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Trump Prevented War Between Saudi Arabia And Qatar In Last Minute: Report

In what may be the most bizarre news of the day, Bloomberg reports that Saudi Arabia and the United Arab Emirates were "close to taking military action in the early stages of their ongoing dispute with Qatar", until Donald Trump called the leaders of both countries and warned them to back off; in other words, Trump's intervention prevented yet another gulf war, which if true will make the U.S. Millitary-Industrial complex very unhappy as Trump's peace effort likely cost US offense defense companies tens of billions in lost profits.

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Putin Orders End To US Dollar Trade At Russian Seaports

Whether in response to rising scorching tensions with the US, or simply to provide support for the ruble, on Tuesday Russian President Vladimir Putin instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, RT reported citing the Kremlin website.

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Gun Stocks Soar On Report Trump Set To Ease Export Rules

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

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O'Keefe Promises "Fireworks Are Coming" In New Media Investigation; Says "People Will Be Fired"

In a new video announcement posted to twitter, Project Veritas' James O'Keefe has promised more undercover videos aimed at the mainstream media to be dropped "in the coming weeks."  Among other things, O'Keefe promised that the forthcoming video series is the result of "one of the biggest investigations" Project Veritas has ever done and that "people in the media are probably going to lose their jobs."

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