Good day, and wowee what a week. As the Federal Reserve steps up with a(nother) bout of stimulus, oil markets have had a fire lit under them. A sudden ratcheting up in geopolitical tension is aiding this move, as the potential for escalating protests and violence in the Middle East builds in a risk premium to pricing once more. As for natural gas, it has managed to push above the three-dollar mark, only to panic and pop its head back below once again. Hark, food for thought:
–200 million barrels of oil missing thus far this year.
–Primer on Chinese shale gas development.
–Quiztime! Who said it: NFL coach or Dictator?
–Japan follows Germany, set to exit nuclear energy.
–Why does coffee never taste as good as it smells?
–BP says hurricane Isaac uncovers Macondo spill beach tarballs.
–Cooling a computer server with mineral oil.
–11 toys you only played with at the doctor’s office.
–An argument over wind.
–Infographic on what your purchases say about you.
–Little green bean in big fracking demand.
–Hilarious X Factor style Twitter review of neighbor’s karaoke.
–Report points to surge in US oil production.
The Burrito Deluxe Award of the Week goes to you, the reader. The top two most popular stories from last week’s burrito bites were both energy-related. We’re stealth learning here folks, under the guise of fun.
The Burnt Burrito Award of the Week goes to the Arctic ice melt. The volume of ice is now roughly a quarter of what it was in 1980. The radiation that is now not absorbed due to the loss of this ice equates to 20 years of global carbon emissions.
Have an a-moo-sing weekend!