As we charge into December, we see oil and natural gas prices distinctly lacking in the holiday spirit and looking downbeat, as fiscal cliff and Euro woes combine with a lack of wintry weather to spur on sell-offs in the respective commodities. That said, a turnaround in any of these elements could propel either commodity higher, as both seem supported near current levels. Enough fluff, let’s hit up the good stuff:
–Government predicts big economic boost from LNG exports.
–US ranked 12th for sustainability in global poll.
–50 best animal photos of 2012.
–It is not too late to check out The Economist’s advent calendar of best graphics for this year.
–The ugly side of the oil boom in North Dakota.
–Why the internet wears shorts.
–King Coal, alive and kicking – 1,200 coal-fired plants planned globally.
–Are we now fact-checking Jim from The Office on fracking?
–Infographic on where China is investing most (the US) and in what (energy).
–The love of spicy food is built into your personality.
–The basics of economics in ten slides.
–What happened the last time the US thought oil shale would change the world.
–Earth has enough wind to power the world.
–25 souvenirs replacing their real world counterparts.
The Burrito Deluxe Award of the Week goes to US gasoline stockpiles, which showed their biggest weekly increase in over a decade as refining increased and demand remained tepid. Now work your way through to the pump, please.
The Burnt Burrito Award of the Week goes to the US manufacturing sector, which not only showed a surprise contraction in November, but dropped to its lowest point since July 2009.
Have a wicked weekend!