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• US oil production rose in Sept.; gas output hit record
  The US produced 12.27 million barrels per day in September, marking a 2.4% increase from August to reach...
  The US produced 12.27 million barrels per day in September, marking a 2.4% increase from August to reach the highest level since March 2020, with gains recorded in New Mexico, Texas and North Dakota, the Energy Information Administration reported. Meanwhile, gross natural gas production in the contiguous US climbed to a record 111.2 Bcf/d in September, the EIA said.
  
  Full Story: Reuters
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• ☕️What Else is Brewing Friday Morning
  The Senate followed the House in passing a bill that would block a nationwide rail strike. The bill...
  The Senate followed the House in passing a bill that would block a nationwide rail strike. The bill will now head to Biden’s desk for his signature.
  
  Twitter is offering “uncommonly generous deals” to advertisers to incentivize them to spend on its platform, according to Marketing Brew.
  
  South African President Cyril Ramaphosa is being called on to resign for covering up a theft from his private game farm. Quirky detail: The money had been stashed in a leather sofa.
  
  Stéphanie Frappart became the first woman to referee a men’s World Cup match yesterday. Other World Cup updates: Today is the final day of group play, Germany crashed out of the tournament, and US star Christian Pulisic said his family jewels were spared after suffering a “pelvic contusion” in the previous game against Iran.
  
  
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• Gasoline Prices Continue to Fall
  Stat: Your family may have aired a lot of grievances around the Thanksgiving table,...
  Stat: Your family may have aired a lot of grievances around the Thanksgiving table, but one thing they probably didn’t complain about was gas prices. The national average price for a gallon of regular ($3.47) is now lower than it was in February when Russia invaded Ukraine, which caused oil and gas prices to spike. While lower gas prices are a welcome holiday gift for drivers, they’re also a pessimistic sign for the economy: Demand for fuel is dropping as the world hunkers down for a potential recession.
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• Stock Market News
  Markets: Stocks were a mixed bag as this ultra-busy week for economic data wraps up....
  Markets: Stocks were a mixed bag as this ultra-busy week for economic data wraps up. Yesterday brought some hopeful news: The inflation gauge Fed Chair Jerome Powell has said is the “most important” for understanding price growth slowed down in October for its smallest increase in three months. Today is all about the jobs report. A softening labor market could give Powell more justification to reduce the size of rate increases at the upcoming Fed meeting.
  
  Stock spotlight: Salesforce stock tanked after Wednesday’s announcement that one of its co-CEOs, Bret Taylor, will leave by January.
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• Closing Oil & Gas Prices for Thursday
  Benchmark U.S. crude oil for January delivery rose...
  Benchmark U.S. crude oil for January delivery rose 67 cents to $81.22 a barrel Thursday. Brent crude for February delivery fell 9 cents to $86.88 a barrel.
  
  Wholesale gasoline for January delivery fell 4 cents to $2.34 a gallon. January heating oil fell 10 cents to $3.26 a gallon. January natural gas fell 19 cents to $6.74 per 1,000 cubic feet.
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