Today we consider a way to play cheap fuel prices which directly offsets one of our oil plays. Plus, we plan to take the train. And we report on global energy, pharma and food stock happenings.

Ethan Park of Extract Capital could teach a college graduate-level course on the differences between phosphate and potash. Park's basic advice to The Energy Report: Don't miss out on making money with these essential commodities just because they smell like, well, fertilizer.

September E-mini S&Ps (ESU14 +0.06%) this morning are unchanged and European stocks are up +0.14% ahead of the minutes of the Jun 17-18 FOMC meeting.

Coalition with Angela Markel, Alan Dershowitz to retire, the Dow and Nasdaq are up, and more news from the Cayman Islands, Ireland, China, Jordan, Israel, Britain, India Australia, Indonesia, Colombia, Singapore, Spain, Germany, Canada, and Holland.

Updates on Teva, Barrick Gold, Bombardier, AmBev, Ecopetrol, Dr Reddy, Posco's, Paddy Power plc, Odontoprev, Maxichem, Israel Chemicals and Potash of Saskatchewan.