Happy Friday! And another nutty week comes to a conclusion, as natural gas prices continue on their upward trajectory on expectations of warmer weather (and higher demand), while crude continues to slide. Geopolitical tension with Iran has dropped off the radar as the Euro debt crisis accelerates its deterioration, leaving risk appetite to flee the building. Enough from me, it’s time to eat:
–Startling pictures of the Canadian Oil Sands.
–The ‘dubious’ behavior of Aubrey McClendon.
–Infographic about infographics.
–China excludes foreign firms from natural gas tender.
–Infographic on the skinny on dining out.
–The growth in global nuclear power generation capacity.
–Six wineries owned by rock stars.
–Solar sector looks to Saudi plan.
–11 facts about the ambidextrous.
–Peruvian farmers trade coffee and carbon.
–Infographic on how politics drive our shopping habits.
The Burrito Deluxe Award of the Week goes to St. Louis Federal Reserve President / CEO, Jim Bullard, who dropped by our office yesterday. He was kind enough to answer a couple of questions I had; he said we are no closer to QE3 than we were two months ago, the economy is improving, housing is set to recover, while low core inflation removes the pressure on the Federal Reserve to raise rates. He was adamant that QE3 would not be forthcoming, and although he may have just been towing the party line, it was pretty neat to hear it from him first hand.
The Burnt Burrito Award of the Week goes to talk of the Obama administration tapping the Strategic Petroleum Reserve to bring emergency supplies to the market, despite oil prices having fallen nearly 20% from the highs of the year, amid US stockpiles being at a 22-yr high.
Have a glorious weekend! (it will be if West Ham win!)