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0 Apr 27 2012 @ 10:56am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random

Burrito bites

Happy last Friday in April! (and the Friday before Derby Eve!). Crude has had a rather quiet week in terms of movement, edging higher as it has shirked off weaker economic data to grab onto the coattails of risk appetite. Natural gas has had a more adventurous time as bargain-hunting, whispers of production cuts, and a prompt month contract rollover have rallied prices well into double dollardom (= $2). But enough color from me (and hark, left) – let’s hit up the treats!

–Electrification is the key.

–The full study from PLS Logistics on LNG vehicles (used in a post last month) has now been released.

–Flow chart to help you decide: should I check my email?

–Is oil shale the next big energy battle?

–Infographic on trucking costs in the US.

–Quiz time! Which has more caffeine?

–Visual representation of how 9 banks have $200 trillion of exposure. (h/t Brian Swan)

–Energy insecurity / wealth transfer = lose / lose proposition.

–Interactive chart to show how popular your name is. (caveat: in the UK)

–El Niño may cool US this summer, cutting electricity demand.

–Shale gas ‘a blessing‘.

–How to pose for a glamour shot. (h/t Lisa Griffith)

–Nat gas is on a roll!

–And to whet the appetite…7 things you should know about the Kentucky Derby.

The Burrito Deluxe Award of the Week goes to US oil inventories, which have increased nearly 27 million barrels (nearly 8%) in the last five weeks, pushing to the upper limit of the average range for this time of year.

The Burnt Burrito Award of the Week goes to Spain; a credit downgrade from Moody’s has swiftly been followed by news that unemployment has hit 24.44% (and >50% for under 25s), while its equities and bonds are sold like hotcakes.

Have a delightful weekend!

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