Happy Friday and welcome to another burrito bites! I know I’ve shirked a post this week…I got stuck in the weeds of a topic, but will be back with a vengeance in the next few days. (probably). Anyhoo, as for the week that was in energyland™, oil has hardly budged, only to swan-dive into the weekend as the risk-on switch in broader markets has been flipped to risk-off. As for natural gas, we have seen prices hanging around the high for the year, as the prospect of cooler temperatures has stifled selling. This week, a number of generous friends have shared some snacks:
–US taxpayers set to subsidize Asian coal demand.
–British engineers produce petrol from air (that’s gasoline y’all). (h/t Ed Wills)
—99 fixes to make life easier. (h/t Brent Green)
–Interactive map of renewable energy ratings and carbon emissions mapped.
—Cardboard bikes to save the world! (h/t Hannah Miller)
—12 new insights from Wall Street’s best minds. (food for thought).
–5 ways to boost your Facebook privacy.
–A ‘global’ oil market isn’t going away.
–Some ‘scary’ pictures of the Canadian Oil Sands. (h/t Jeff VanderEspt)
–I actually think a moss covered keyboard would be cool.
–Will Egypt seize Libya for its oil?
–10 things to give to charity rather than trash.
–25 bizarre theme parks (h/t Leslie Bates)
The Burrito Deluxe Award of the Week goes to the term ‘banging the beehive’ which describes a trading strategy of high-frequency traders to increase volatility in the natural gas market just prior to the release of the weekly storage report.
The Burnt Burrito Award of the Week goes to the below company’s snack. You’ll be hearing from my lawyers.
Have a corker of a weekend!