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• Gasoline Prices Sink to Lowest Since February as Demand Sags
  Gasoline prices in the US have fallen to their lowest level since before Russia invaded Ukraine back...
  Gasoline prices in the US have fallen to their lowest level since before Russia invaded Ukraine back in February.
  
  The average national pump price now stands at $3.546 a gallon, erasing all gains related to war disruptions, according to auto club AAA. The decline follows continued soft demand and growing supply -- the same bearish factors driving sharp losses in oil and gasoline futures.
  
  Prices have weakened as refineries have returned from maintenance, while the country’s fuel consumption lags seasonal norms, according to the most recent US Energy Information Administration data for the week ended Nov. 18.
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• US Seeks to Limit Flaring, Methane Leaks from Public Lands Drilling
  President Joe Biden’s administration on Nov. 28 proposed rules aimed...
  President Joe Biden’s administration on Nov. 28 proposed rules aimed at limiting methane leaks from oil and gas drilling on public lands, Washington's latest move to crack down on emissions of the potent greenhouse gas.
  
  The proposal complements new rules the U.S. government already proposed for the industry on private lands. It would place monthly limits on flaring and require oil and gas companies to undertake methane leak detection programs for operations on federal lands, where nearly a tenth of U.S. oil and natural gas production takes place, primarily in Western states.
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• ☕️What Else is Brewing Tuesday Morning
  President Biden called on Congress to force railroad workers to accept a labor deal that several unions...
  President Biden called on Congress to force railroad workers to accept a labor deal that several unions have now rejected in order to prevent a strike that could cost ~$2 billion a day.
  
  The WHO has rechristened monkeypox as “mpox,” saying the infectious disease’s original moniker could be construed as racist.
  
  More than 180,000 Georgians have already cast their vote in the Dec. 6 Senate runoff election between Herschel Walker and Raphael Warnock thanks to early voting. Both parties are spending big to drive turnout.
  
  Houston shut down its public schools yesterday after millions of the city’s residents were warned to boil their water following a power outage at a purification plant.
  
  European law enforcement arrested 49 people to shut down a “super cartel” that allegedly controlled one-third of the cocaine trade in Europe.
  
  
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• Is the Market Bottom In?
  Goldman Sachs strategists said stocks have not yet bottomed out and investors should dial back...
  Goldman Sachs strategists said stocks have not yet bottomed out and investors should dial back exposure to equities in the near-term. Despite a relief rally this month, indexes still have further to fall, the bank maintained: "Without depressed valuations, for markets to trough investors need to see a peak in inflation and rates, or a trough in economic activity."
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• US Stock Futures Turn Positive
  US stock futures rise early Tuesday after Chinese authorities said they were launching...
  US stock futures rise early Tuesday after Chinese authorities said they were launching a drive to boost senior vaccination rates, raising hopes that the country may relax its zero-COVID strategy. Honk Kong stocks were also up on the news, jumping as much as 5%. Here are the latest market moves.
  
  Earnings on deck: Intuit Inc., Hewlett Packard Enterprise Co., and Carlyle Group, all reporting.
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