Thursday, September 14, 2017 11:33:33 AM
Truckers are very conservative people who don't like an unsettled price. New orders for class 8 trucks
are up over 50%. i have no doubt many are NatGas powered.
Oil headed higher Thursday for a fourth consecutive session, with U.S. prices topping $50 a barrel and trying for their highest finish since late May, buoyed by expectations for stronger demand and efforts by major producers to maintain a cap on crude output. October West Texas Intermediate oil CLV7, +2.05% on the New York Mercantile Exchange rose $1.13, or 2.3%, to $50.43 a barrel. Prices haven’t settled above $50 since the end of July and a finish around this level would be the highest since May 24, FactSet data show. A close above $50 would signal a breakout to test the $58 level, said Phil Flynn, senior market analyst at Price Futures Group. “With strong post-hurricane rebuilding demand
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