Good day and welcome to another edition of info bites! This week has seen oil rally on tentative signs of economic optimism and further stimulus announcements, only to retrace on fiscal cliff fears. Meanwhile, natural gas has slid to a three month low as a lack of extreme wintry weather is spurring on both selling and unseasonable storage injections. Snacks ahoy:
–US and UK could have ‘undreamed of’ levels of natural gas.
–Why US role as potential oil production king needs an asterisk.
–Dog sculptures made from bicycle parts.
–Learning business lessons from ‘Casablanca‘ to save the US economy.
–Traffic congestion costs UK homes £500 a year.
–How unconventional oil and gas is transforming the US economy.
–Infographic: the history and future consequences of carbon dioxide use.
–$50 for a cup of coffee from beans plucked from elephant dung.
–With US awash in natural gas why aren’t bills falling?
–Doctors urge US to block LNG export terminals.
–Time’s Top Ten of Top Tens for 2012.
–Solar installations surge on lower costs and government support.
–10 things you probably didn’t know about ‘A Charlie Brown Christmas’.
The Burrito Deluxe Award of the Week goes to natural gas storage, which saw an unseasonable and uncharacteristic injection this week due to warmer-than-normal weather, helping to put downward pressure on prices.
The Burnt Burrito Award of the Week goes to the ongoing dance regarding the US ‘fiscal cliff’.
Have a ludicrously good weekend!