Happy 12/21/12! Something big was supposed to happen today but I can’t remember for the life of me what it was. As for our dearly beloved commodities this week, oil has remained under the influence of the fiscal cliff – the skullduggery of it all leaves crude ultimately range-bound and run ragged. As for natural gas, it has shimmied higher on cooler weather outlooks, back to swing around the monkey bar of mid three-dollardom. But enough from me, it’s time for treats:
–Coal museum installs solar panels to save money.
–Peak oil is dead…and that is worrying.
–26 moments to restore your faith in humanity this year.
–Why we should be more bullish on India than China.
–Why renters use more electricity.
–Wonkish but cool economic views on price-gouging.
–Man auctions off last name for $45k…now called Mr. Headsetdotcom.
–Indianapolis goes post-oil.
–Russia and China are too big for natural gas deal to work.
The Burrito Deluxe Award of the Week goes to North Dakota flaring less gas. The state was flaring as much as 36% of its gas last year as there just wasn’t the infrastructure in place to capture it. This number is still crazy-high at 30%, but it is at least falling.
The Burnt Burrito Award of the Week goes to the headline ‘American gun deaths to exceed traffic fatalities by 2015‘.