I bid you all good day, and Happy Nonfarm Friday! Oil has had a decent rally in the last week on the temporary fix to the Euro debt crisis, a strike by Norwegian oil workers stymieing supply, and simmering Iranian tensions. However, interest rate cuts by the Eurozone and China and further stimulus from the Bank of England have served to scare rather than soothe markets, hence a tumbling end of the week for crude, aided by a(nother) poor US jobs report. As for natty, heat to the tune of el scorcho has propelled pricing through the key level of the 200-day moving average, although moderating weather through July may drag them back lower once again. Anyhoo, enough talk; grab your fork:
–Colorado: land of 50,000 oil and gas wells.
–Experts predict future energy trends.
–How all 50 states got their names.
–Could cheap natural gas save the economy?
–Some day your car could tell you to take a chill pill.
–What people really do when they are working from home.
–Can the US economy be sustained for another 236 years?
–Europe burns coal at fastest rate since 2006.
–Unusual and creative uses for household items.
–Best obituary ever – Count Robert de La Rochefoucauld. (h/t Eric Bickel)
–Does listening to music at work make you more productive?
–Can China follow the US in the shift from coal to gas?
–15 wonderfully geeky sand sculptures.
The Burrito Deluxe Award of the Week goes to people dressed as pandas.
The Burnt Burrito Award of the Week goes to a possible El Niño starting betwixt now and September (El Niño = the abnormal warming of the ocean in the eastern tropical Pacific). Its impact would mean a calmer Atlantic hurricane season…with the downside of likely bringing record heat next year.
Have a spectacular weekend!