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0 Mar 18 2011 @ 10:58am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

I normally really enjoy finding a good picture or two to put in the bites each week – the world is full of so much odd stuff. But this week it has been quite the opposite – rather depressing – as so many of the notable pictures have been of the devastation in Japan. It is impossible to quite comprehend the death and destruction that has been caused, while at the same time it feels almost cold-hearted to look beyond this to how markets are being affected.

As this week comes to a close, we see natural gas maintaining its new status in four-dolllardom – a result of a bullish withdrawal from storage (and vicious rumors of an impact on demand from nuclear reviews or LNG diversions). The spotlight on the center stage of the crude complex is flitting between the two main stories of a nuclear crisis in Japan and continued Middle East unrest; prices have reversed gains on the agreement of a cease-fire in Libya, while the market tries to gauge if oil demand is set to increase in the aftermath of the disaster in Japan. Again, let’s be grateful for small mercies…and have some little bites:  

–Japan’s nuclear concerns explained (h/t K Evans), and an interactive map of nuclear energy on a world scale.

–US shale revolution has an audience from Blackpool to Algeria.

–A visual history guide to hot haircuts in pop.

–Just to feed the fear….the earthquake map of America.

–Straight lines are surprisingly hard to draw with a mouse.

–Ohio: the new (oil and gas) frontier?

Pay-as-you-throw garbage collection.

–Japan earthquake shifted the balance of the planet. (h/t L Bates)

–TARP in numbers. (normal people, avoid. Nerdy econ peeps, fill your boots).

–A third of people under 30 text while driving.

–Consumers being more energy efficient? Thank the recession.

–Balloon house from the film ‘Up’ created in real life.

–Quake may mean heating oil price tops gasoline.


–The path to long life revealed.

The Burnt Burrito Award of the Week goes to nuclear disasters.

The Burrito Deluxe Award of the Week goes to hope over skepticism…that the cease-fire in Libya lasts.

Burrito Adage of the Week: There is always a bull market somewhere. Solar and winds stocks surge on nuclear fears….as do sales of the nukalert keychain….

The Burrito ‘That would be Funny If It Weren’t So Sad’ Award goes to this image to the right. 

Have a mad weekend!

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