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5 Aug 20 2010 @ 10:48am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas, Random

Burrito Bites

Happy Friday one and all! Let’s start this week’s summary with some fun (goodness knows we need a laugh after this week’s market action). This picture needs a caption; funniest one wins a burrito-related gift. 

As for markets this week, a flight to safety has been the destination of choice for investors, as economic data continues to point an accusatory finger towards a slowing US economy. Crude is hitting 6-week lows, while natural gas is testing levels not seen in the last three months. That’s enough gloom for now; come on, let’s chow!:

–Is a library really more dangerous than a drilling rig?

Whiskey biofuel available in a few years, more potent than ethanol.

Dogs improve office productivity.

–Senior NOAA Scientist admits he lied that the Gulf oil spill is gone. 

Buffett vs Gross, inflation vs deflation.

Pay-as-you-throw…reducing landfills by charging by the trashbag.

9 challenges of alternative energy.

–18-mth low in floating storage points to potential inventory drawdowns for crude.

–Koala negotiates 50mph crash without a scratch. 

–Do 3 shale companies for sale signal the peak in its popularity

–Markets in everything – using parking lot satellite surveillance to forecast retail sales.

–Only 8% of energy stimulus spent.

The Beloit College Mindeset List for the Class of 2014.

–Why Opec doesn’t mind low oil prices.

–Boy, 13, hit by lightning on Friday 13th, at 13.13.

The Burrito Deluxe Award of the week goes to BHP Billiton, for shaking up the M&A landscape (and general markets too) by bidding for Potash – the world’s largest fertilizer producer. There’s a few more twists and turns left in this tale, which should provide some entertainment over the coming weeks.

The Burnt Burrito Award is postponed this week as there were too many losers to choose from.

Have a fantabulous weekend!

5 Comments on this post:

  1. Jennifer says:

    Caption: When Benneton photo shoots goes wrong.

  2. Matt says:

    Where the single guys hang out.

  3. Marilyn says:

    How many energy guys hanging from a window does it take to make the bulls do the Happy Dance??

  4. Kevin says:

    Vendors scramble as consumer demand for primary colored tees gets gored.

  5. Ginny says:

    I once took a holiday
    In Villaluenga del Rosario

    The town was quaint
    It was quiet as a mime
    And believe it or not
    It had no crime!

    “How?”, I wondered,
    How was this done –
    When their town police force
    Only numbered one.

    So I asked a local resident,
    Why is your crime so null?
    “Our sheriff is brave and very wise
    He deputized a bull”!

    The bull would take a daily “walk”
    through the center of the town
    The men would jump up on the walls
    Too scared to come on down.

    So crime also took a holiday
    Since the bull would make his calls
    Oh I miss you, Villaluenga del Rosario
    Your deputy sure had **lls.

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