Geopolitics Alpha

Termination of the Environmental Impact Statement and Associated Resource Management Plan Amendment for the Section 368 Energy Corridor Revisions

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TAIWAN STRAITTermination of the EnvironmentalImpact Statement and AssociatedResource Management Plan Amendmen…GEOPOLITICS ALPHA

By this notice, the Bureau of Land Management (BLM) is announcing the termination of the Environmental Impact Statement (EIS) described in the Notice of Intent (NOI) published in the Federal Register on December 1, 2023, for potential Resource Management Plan (RMP) Amendments for the Section 368 Energy Corridors Revisions.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+8.5%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOMNo price data for this ticker———————
CVXNo price data for this ticker———————
OXYNo price data for this ticker———————
COPNo price data for this ticker———————
VLONo price data for this ticker———————
MPCNo price data for this ticker———————
XOPNo price data for this ticker———————
XLENo price data for this ticker———————
USONo price data for this ticker———————
OIHNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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By this notice, the Bureau of Land Management (BLM) is announcing the termination of the Environmental Impact Statement (EIS) described in the Notice of Intent (NOI) published in the Federal Register on December 1, 2023, for potential Reso…

Source: Federal Register

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25 out of 100

“Termination of the Environmental Impact Statement and Associated Resource Management Plan Amendment for the Section 368 Energy Corridor Revisions” scores 25 out of 100. The score uses 2 sources.