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• Oil, gas leasing pause blocked again
  Judge Terry Doughty of the US District Court for the Western District of Louisiana ruled Thursday that...
  Judge Terry Doughty of the US District Court for the Western District of Louisiana ruled Thursday that the Biden administration's pause on oil and natural gas leasing on federal lands in 13 states violates the Mineral Leasing Act and Outer Continental Shelf Lands Act and issued a permanent injunction, just one day after an appeals court lifted a preliminary nationwide injunction Doughty granted in 2021. "This decision is a significant step toward ending the ongoing uncertainty over the future of energy development on federal lands and waters, and we urge the Biden administration to take immediate action to hold onshore lease sales and issue a final five-year program for federal offshore leasing that includes all of the proposed lease sales," said American Petroleum Institute Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola.
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• ☕️Morning Brew: The Week Ahead
  The Fed hits the Grand Tetons: Does anyone know a good spot for après-monetary policy...
  The Fed hits the Grand Tetons: Does anyone know a good spot for après-monetary policy speech in Jackson Hole? On Friday, Fed Chair Jerome Powell will deliver a major talk there as part of the Jackson Hole Economic Symposium, an annual event where finance leaders across the globe chat about economic issues. The No. 1 issue this year, of course, is inflation.
  
  College football is back: It’s once again time to wrap bacon on other types of meat and then grill it because college football returns on Saturday. The biggest game of the week is Northwestern vs. Matty’s beloved Nebraska—a Midwestern matchup that’s actually being played in Dublin, Ireland. The marching bands better do a Hozier set during halftime.
  
  Earnings: Feel like we’ve written “It’s the grand finale of earnings season” for the past three weeks, but this time we actually mean it. With 95% of S&P companies having already reported, names like Nvidia, Peloton, Zoom, Dollar General, and Salesforce will bring down the curtain.
  

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  • On Thursday, trigger bans on abortion will go into effect in Idaho, Tennessee, and Texas.
  
  
  • Tesla’s 3–1 stock split goes into effect on Thursday.
  
  
  • Burning Man returns IRL on Sunday after a two-year break
  
  

  
  
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• Election risk could soon take center stage for the stock market.
  Ahead of November 8, investors should reduce risk since equities historically underperform going into...
  Ahead of November 8, investors should reduce risk since equities historically underperform going into midterms, according to Barclays.
  
  Even as decades-high inflation and hefty rate hikes stay top of mind among investors, it isn't too early to start paring down riskier positions, the bank's analysts wrote in a Friday note.
  
  In any case, market analyses from the last 100 years reveal stocks underperform leading up to a November vote.  But then, regardless of the election outcome, risks rapidly diminish and the market rebounds.
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• Oil Prices Plummet as Iran Nuclear Deal Appears ‘Imminent’
  Oil prices fell sharply in overseas trading on Monday on reports suggesting that Iran and Western countries...
  Oil prices fell sharply in overseas trading on Monday on reports suggesting that Iran and Western countries were close to striking a deal that would lift sanctions on crude supply from the West Asian nation.
  
  West Texas Intermediate futures, the U.S. crude benchmark, sank over 1% to $89.39 a barrel, while London-traded Brent oil futures fell 0.5% to $95.59 a barrel by 20:01 ET (0002 GMT).
  
  Qatar news organization Al Jazeera reported over the weekend that an Iran Nuclear deal was ‘imminent,’ while other reports said Tehran was ready to drop its demand that the Islamic Revolutionary Guard Corps be removed from the U.S. State Department’s List of Foreign Terrorist Organizations.
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• UNM develops permanent sealant for leaky oil wells
  University of New Mexico engineers have created a nanotechnology-based sealant that could offer the oil...
  University of New Mexico engineers have created a nanotechnology-based sealant that could offer the oil and gas industry a permanent solution for abandoned, climate-polluting wells.
  
  UNM researchers developed the sealant over 10 years, and they're now marketing it through a new Albuquerque-based startup, TS-Nano, in partnership with two next-generation, blockchain-based development firms, Devvio Inc. and DevvStream Inc.
  
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