Episode Synopsis "PFL Markets Report August 17th 2020"
Key Notes * Canadian and U.S. officials have agreed to keep the border between the two countries closed to non-essential travel for another month. * The U.S. Labor Department stated on Thursday of last week that U.S. workers filed an additional 963K million jobless claims * The DOW did close higher on Friday, up 34.3 points (+ 0.12%) to finish out the week at 27,931.02. * More Power Generation from NatGas. Natural gas-fired generation in the Lower 48 states increased nearly 55,000 gigawatt hours (GWh), up 9%, in the first half of 2020 compared with the first half of 2019. * President Trump had a press conference on Saturday with some good news on the economy, citing that retail spending is at an all-time high, auto production has surged 28%, used car sales are robust, Nasdaq is at an all-time high, China is buying lots of U.S. grown farm products and industrial production is increasing at the highest rate ever. To Learn More view our Railcar Report https://pflpetroleum.com/reports/pfl-railcar-report-8-17-2020/08/17/2020/ Visit our website @ https://www.pflpetroleum.com/ Follow us on social media https://twitter.com/pflpetroleum https://www.linkedin.com/company/pfl-petroleum-limited https://www.instagram.com/pflpetroleum/ https://www.facebook.com/progressivefuelslimited