published Jul 13th 2017, 4:46 pm, by Laura Blewitt and Sheela Tobben (Bloomberg) — A pipeline that hauls crude oil from West Texas’ Permian Basin to Houston shut Thursday after a 1,200-barrel spill near the state capital, Austin. The release on Magellan Midstream Partners LP’s 275,000 barrel-a-day Longhorn system started

published Jul 13th 2017, :29 pm, by Toluse Olorunnipa (Bloomberg) — President Donald Trump said the U.S. is working to expand a regional cease-fire in the Syrian civil war to a second zone, saying it may prove to be the first step toward ending a civil war that has killed

published Jul 12th 2017, 2:13 pm, by Eli Lake (Bloomberg View) —It’s fashionable among President Donald Trump’s defenders to dismiss the reports of his eldest son meeting with a Russian lawyer who promised damaging information on Hillary Clinton as yet another “nothing burger.” You’ve heard the counterpoints. The Democrats are obsessed

published Jul 12th 2017, 3:17 pm, by Christopher Martin (Bloomberg) — The U.S. Energy Department awarded $46.2 million in research grants to improve solar energy technologies and reduce costs to 3 cents per kilowatt-hour by 2030. The money will be partly matched by the 48 projects awarded to laboratories and

published Jul 12th 2017, 12:32 pm, by Shelley Goldberg (Bloomberg Prophets) —Profiting from commodity trading often requires a combination of market knowledge, luck, and most importantly, strong risk management. But the number of commodity trading houses has dwindled over the years, and the institutional, pure-play commodity hedge funds that remain —

published Jul 11th 2017, 2:36 pm, by Jonathan Bernstein (Bloomberg View) —It’s hard to believe after four days of increasingly dire revelations about the president’s son, son-in-law, and former campaign manager, but true nonetheless: The basics of the Trump-Russia scandal have only changed mildly in the past year. In 2016, Donald

published Jul 11th 2017, 4:00 pm, by Wael Mahdi (Bloomberg) —Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June, a person with knowledge of the data said, exceeding its production limit for the first time since brokering a deal to curb global crude supply to counter a glut.

Several weeks ago, I was at a doctor’s office. While I was waiting for the doctor to show up, I looked at his bookshelf. Among the books was a book entitled Getting Over God (I cannot remember the author). Upon initially seeing the book. I naturally got defensive, as faith

published Jul 11th 2017, 3:05 pm, by Jeremy Herron (Bloomberg) —Fresh reports on the Trump campaign’s possible involvement with Russia during last year’s election shattered calm on financial markets Tuesday, sending U.S. stocks lower in a brief spurt of late morning selling. The move proved short-lived, as the S&P 500

published Jul 10th 2017, 5:30 am, by Noah Smith (Bloomberg View) —When United Airlines called security to drag passenger David Dao off of his flight back in April, some observers cheered the airline’s falling stock price, expressing the hope that this would punish the company’s executives and owners and spur