Water from coal seam gas could be treated in Australia for irrigation purposes. STO has helped to increase river levels in QLD whereas shales industry in the US use water to frack the Shale bed and the water is then drawn out. The water is contaminated.
The shalers use alot of water, the almond growers use alot of water and the hot dry summer (what months ? ) do draw out their water storage levels. They increase productions because the USD is falling.
The import prices have been rising for two consecutive months due to lower USD and therefore Export prices will rise as well BUT retail sales in the US was struggling last month and I think it's NO different due to the report to be announced today.
This is very important for the US economy as consumer spending accounts for one third of its economy. If anything goes below forecast then USD will sink badly that would cause a big correction for global stocks. I am worry for NOW even though SHV is a DEFENSIVE stock but cash is still king?
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SHV
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$3.64

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Last
$3.64 |
Change
-0.100(2.67%) |
Mkt cap ! $517.2M |
Open | High | Low | Value | Volume |
$3.72 | $3.73 | $3.64 | $1.805M | 491.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1191 | $3.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.65 | 4172 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 130 | 3.620 |
2 | 1254 | 3.610 |
5 | 4924 | 3.600 |
1 | 4042 | 3.580 |
2 | 8792 | 3.570 |
Price($) | Vol. | No. |
---|---|---|
3.650 | 4172 | 1 |
3.670 | 5996 | 1 |
3.730 | 422 | 1 |
3.790 | 7620 | 2 |
3.800 | 1230 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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SHV (ASX) Chart |