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0 Jun 25 2010 @ 10:58am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas, UK natural gas

Burrito bites

Ninja turtle!

Welcome to another Friday, where we have seen crude involved in a battle all week with a key technical level (like a ninja hero in a half-shell…crude power!), while natural gas has mostly pootled sideways as the threat of a storm disrupting production in the Gulf is unlikely. Elsewhere, Greek worries rise up once more and global bond markets rally, while equities continue on a bumpy road which they hope leads to recovery. Next week sees the end of the second quarter, but for now, let’s ease ourselves into the weekend by getting our munch on:

Let’s go fly a kite (…in the Gulf to see what’s going on).

A Colossal Fracking Mess – a rather one-sided Vanity Fair article on unconventional gas.

–Mystery surrounding ‘horse boy’ on google street view.

–In retrospect, not the best strategy ever….exporting US LNG.

–Man run over by his truck-driving dog.

Pig in Boots

–The most excellent Dian Chu paints a biflationary picture (= simultaneous inflation and deflation), and further expands on investing ideas based on this scenario here.

Kids prefer food products with cartoon characters on them (duh! don’t we all?!).

–The science of oil and peak oil revisited.

Email error ends up on road sign. (other confusing signs at the end of the article).

–Britain is the pivot point for global LNG.

–On the trail of the soda tax – higher prices = less soda drinking.

–Fast-reading computers are about to drink your trading milkshake. (ok, weird title, but the post is excellent). 

–Turning body heat into electricity.

Guardian angel slows traffic.

The Burrito Deluxe Award of the week goes (just a teeny weeny bit begrudgingly) to the US soccer team, for qualifying top of their group in the World Cup. Bravo, boys.

The Burnt Burrito Award of the week goes to US housing, and their post-rebate blues. Despite 30-yr mortgage rates hitting all time lows, housing looks set to to head lower once more, with new home sales looking horrid.

Rock on.

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