Geopolitics Alpha

Trump Plans to Loosen Restrictions on Methane Emissions From Oil Drilling

Published . Updated .

Covered by 9 outlets: Boston Herald, Oskaloosa Herald, WRAL, WKBN.com, WSLS, Bozeman Daily Chronicle and 3 more.

Trump Plans to Loosen Restrictions on Methane Emissions From Oil Drilling

BILLINGS, Mont. (AP) — President Donald Trump is expected to announce plans Tuesday to loosen a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • OIH VanEck Oil Services ETF+0.1% 30d

    VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story.

  • UNG United States Natural Gas Fund-9.2% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • SLB Slb N.V-2.0% 30d

    Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.

  • CVX Chevron+6.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • HAL Halliburton+1.2% 30d

    Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.17%+3.83%baseafter closeafter closeafter closeafter close
XLE-0.18%+1.54%baseafter closeafter closeafter closeafter close
OIH-3.59%-2.71%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
XOM-1.18%+1.67%baseafter closeafter closeafter closeafter close
SLBNo price data for this ticker———————
CVX-0.77%+2.07%baseafter closeafter closeafter closeafter close
HALNo 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.

Market Call

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Trump plans to loosen restrictions on methane emissions from oil drilling Boston Herald

Source: Boston Herald

Energy

CompanyWhenMoveStatus
CVXthree days earlier+2.07%final price
CVXfive days earlier-0.77%final price
OIHthree days earlier-2.71%final price
OIHfive days earlier-3.59%final price
USOthree days earlier+3.83%final price
USOfive days earlier-2.17%final price
XLEthree days earlier+1.54%final price
XLEfive days earlier-0.18%final price
XOMthree days earlier+1.67%final price
XOMfive days earlier-1.18%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

100 out of 100

“Trump Plans to Loosen Restrictions on Methane Emissions From Oil Drilling” scores 100 out of 100. The score uses 9 sources.