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0 Sep 6 2013 @ 10:58am by Matt Smith in Economy, Global Energy, Natural Gas, Random

Burrito bites

Good day, and I bid you happy Friday! Energyland™ continues to be on one heck of a rollercoaster ride, with crude oil’s direction this week mostly dictated by the tension in the Middle East. Rising tension = rising prices. As for natural gas, its recent rally has run out of steam as a lack of hurricane activity as we approach the peak of the season (hark, on Tuesday) has spurred on selling, while late-summer heat is not enough to drive on demand to bring on further buying. Snacks ahoy!

–Excellent Q&A intro to fracking.

–5 theories on LNG exports, and why they may be wrong.

–40 maps that will help you make sense of the world (h/t Kevin Janes)

–Why the US power grid’s days are numbered.

–Infographic: Where Canada’s energy comes from.

–Map of Africa with other countries fitted into it.

–Infographic: Summer energy consumption trends.

–The Histomap: 4000 years of world history in one map. mad. (h/t Eric Bickel)

–China on track to spend $500bln on oil imports by 2020.

57 cognitive biases that screw up how we think.

–Marcellus shale gas production going nuts, having national impact.

–Infographic: Things that China makes.

–25 images you won’t believe aren’t photo-shopped.

–Fracking natural gas with water  with natural gas?

–US sanctions are keeping Iran from collecting half of its oil revenues.

–The 50 most perfectly timed photograhs.

The Burrito Deluxe Award of the Week goes to the fracking boom increasing household incomes by $1,200.

The Burnt Burrito Award of the Week goes to squirrels and their role in power outages…..or 70% of your country losing power (not squirrel related. Apparently).

Have a stupendously good weekend!

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