Keystone XL and the Dakota Access Pipeline are approved

Over bitter opposition from environmental activists, President Trump signed the approval of the Canadian-US Keystone XL pipeline and the Dakota Access Pipeline. When the Keystone pipeline was in its infancy, crude prices were upwards of $100/barrel and any relief was more than welcome. Then, as crude prices collapsed amid a growing worldwide oil glut, the project was sidelined by Obama in 2015.Now, in 2017, the Keystone XL pipeline may not have the same appeal to Canadian oil frackers as it once did.

In contrast to this, however, the completion of the Dakota Access Pipeline is considered a big boon to upstream producers (to say nothing of Energy Transfer Equity, the pipeline's primary owner) in North Dakota, as shipping crude via pipeline is cheaper than by rail.

https://www.nytimes.com/2017/01/24/us/politics/keystone-dakota-pipeline-trump.html

President Trump urges the Big Three US automakers to manufacture in the USA

During his first few months in office, President Trump has repeatedly demonstrated that he's not afraid to pull punches on his Twitter account to highlight the misdeeds of corporate America. Markets seem to be adjusting more to this "hands on" approach, with pullbacks and reactions becoming more muted over time.

In an hour-long meeting with GM, Ford, and Fiat Chrysler, Trump demanded that the companies continue to invest in American jobs. The President also promised deregulation and tax reform to create a more pro-business environment while asking what "domestic and trade" policies would be helpful. Earlier this month, Trump discussed potentially introducing a 35% tax on cars imported from abroad.

Read about Trump's meeting with the auto industry here: http://fortune.com/2017/01/24/donald-trump-ford-gm-fiat-autos-jobs/