The government shuts down and the outlook for energy just got a little murky. While transportation is not directly impacted by the government shutdown, a prolonged stalemate could slow the economy and U.S. oil demand.
Oil is backtracking and the outside markets seem to suggest that the Federal Reserve will have to do the same. Oil prices are trying to balance weak manufacturing data out of China versus today's Fed decision.
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.