0 Jun 28 @ 1:09pm by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random

Burrito bites

Wowee. What a week. After last week’s post-Fed craziness and subsequent sell-off, this week has seen the crude complex gradually unwinding the wall of worry built up by fears of the end to stimulus. As for natural gas, it has not only been pummeled to a 3.5-month low by ongoing mild weather (and low demand), but has dropped below the significant level of the 200-day moving average. Snacks ahoy!

–Why does gasoline cost 250 times more in one country than another?

–We’re putting a price on carbon, but is it making any difference? (h/t @eric_bickel)

–Free meal for a baby as big as a burrito.

–Limiting the GHG impact of Daisy, Dolly, and other animals.

–UK shale gas resources greater than thought.

–A lack of sleep is doing you harm.

–The myriad benefits of a carbon tax.

–The war on fracking in California has just begun.

–Intergalactic foreign exchange converter. (h/t Adam Spangler)

–To frack or not to frack? Well, it’s complicated.

–The meaning map of America – what’s really behind the names.

The Burrito Deluxe Award of the Week goes to the projection that renewable power will eclipse that of natural gas in the next three years, according to the IEA.

The Burnt Burrito Award of the Week goes to the biggest weekly jump in mortgage rates in over a quarter of a century.

Have a superb weekend!

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