Happy Friday the 13th, mwahahahaha! (That was an evil laugh, btw). Natural gas has been scared silly this week, back into the realm of one-dollardom, as bearish fundamentals of limited demand and bountiful supply push it to levels not seen since the early noughties. As for crude oil, prices have composed themselves after screaming lower earlier in the week, ahead of a monster of a meeting between Iran and global representatives. Anyhow; time to relax and hit up the snacks:
—Oil prices hostage to geopolitics.
–China’s large and unachievable shale targets.
–If pigeons could poop soap, it would wash our cars instead.
–What does dropping below $2 on natural gas mean for power?
–Texas storm yields 4 feet of hail.
–In defense of oil speculators.
–What Anthony Davis and hybrid drivers have in common.
–Oil from algae set to hit its stride?
–Don’t buy in bulk.
–Ethane, a key part of the natural gas supply glut.
–What happens to all those hotel soap bars? (h/t Eric Bickel)
–LinkedIn data show jobs are booming in renewables.
–26 things named after places.
The Burrito Deluxe Award of the Week goes to low natural gas prices bringing increasing focus on natural gas vehicles. Although the Burrito piece on LNG / CNG vehicles the other week highlighted a lack of commitment by fleet owners currently, the longer we see high diesel / low nat gas prices, the greater the drumbeat will build, as this article highlights.
The Burnt Burrito Award of the Week goes to the European debt crisis, and its shifting focus to Spain and Italy. A loss of confidence in both countries is manifesting itself in a flight from its assets, with both equities and government debt being sold like hot cakes.
Have a spiffing weekend!