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0 Jun 1 2012 @ 10:49am by Matt Smith in Crude Oil, Global Energy, Natural Gas, UK natural gas

Burrito bites

Happy Nonfarm Friday! And wowee, all is not well in Energyland™, as the negatives stack up against crude to topple it to a seven-month low. Swelling inventories, Euro economic woes, and an unrelenting onslaught of poor economic data releases have sent crude spiralling lower. A swift reversal in sentiment and price has also been experienced by natural gas, as evidence of continued strong supply finally turns naysayers into bears. Enough for now, time to chow.

–The Economist goes from fracking good news to fracking great.

–A map of where all the world’s natural gas is.

–Quiz time! Was this really a cereal?

–Greece debt woes mutate into energy crisis.

–UK energy coalition: dumb and dumber.

–Oddest headline of the week..Dutch prince ‘ashamed’ over toilet-throwing contest.

–Infographic on energy sources and uses, and more.

–14 foods to increase your productivity.

–Will the fate of an oil pipeline decide the Presidential election? (probably not).

–Why do Guinness bubbles sink?

–Which nations consume the most water?

–Safe fracking looks cheap.

–Location is key to the sting of gas prices this summer.

–The moral of this infographic is….don’t smoke!

–ERCOT: to solve energy crunch, focus on real solutions.

–Portraits…of people with a leaf blower in their face.

The Burrito Deluxe Award of the Week goes to the Diamond Juibilee (God bless you, Ma’am) and four-day weekends (for you lucky Brits that get one).

The Burnt Burrito Award of the Week goes to slowing job creation in the US, with the triumvirate of Nonfarm payrolls, weekly jobless claims, and the ADP report all showing weakness. Less job creation means less spending means a slower economy, which means not cool, folks.

Have a diamond weekend!

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