Happy Friday! Commodities are running out of steam today, after crude has spent the week uplifted by earnings, while natty has been buoyed by Bonnie. Let’s hit the ground running, and bag ourselves some bites:
–China passes US as world’s biggest energy consumer…..which is quickly denied by China officials as incorrect.
–BP doctored photos to make control room seem busier.
–Stop the press – Jessica Simpson announces ‘I am 30 and found a wrinkle’. (h/t BS)
–Beyond the Gulf oil spill….five ongoing ecological disasters.
–China’s carbon emissions need to peak by 2020 for the world to meet global reduction goals.
–Unconventional gas, unconventional wisdom.
–Rent-a-friend. (I randomly came across this, I wasn’t searching for it or anything…).
–Germany targets 100% renewables for electricity by 2050.
–Could shale deposits bring mid-Atlantic states $2 trillion?
–In keeping with the previous post on the burrito, man changes name to Buzz Lightyear.
–The fall in the Baltic Dry Index explained.
–Gulf oil spill doomsday theories.
–Fantastic..markets in everything: seat-savers.
We tip our caps to a certain other cap this week, as it finally, finally (hopefully, hopefully) has halted the worst oil spill in US history. The Burrito Deluxe Award goes to you; BP can put it on the mantlepiece next to all the Burnt Burrito Awards received in the past few months.
This week’s Burnt Burrito Award goes to this gentleman with a fat finger trade that caused a jump in the GBP/USD FX exchange rate.
Have a grand weekend!
p.s. If you’re near a tv early Monday Morning, I’ll be giving some commentary on Commodityworld(tm) on CNBC’s Squawk Box at 7.30am.



