0 Oct 14 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito Bites

Where have you been?! Your dinner's on the table!

Wowee, mid-October already. Despite Halloween and the prospect of scares ahead, general markets have mustered a kangaroo-like jump higher. Crude has rallied well into double-digits in percentage terms since the lows of last week - as have equities - as economic data and hopes of containment for the Euro debt crisis (am sounding like a broken record, I know) improve. Natural gas, meanwhile, has plumbed the depths of the lows of the year, but is now seeing some support from the onset of winter temperatures on the horizon. Lots to digest – let’s hit the bitefest:    

–Production at shale plays keeps rising despite falling rig counts. 

–Fibonacci and solar panels

–Runner cuts 6 miles of marathon by taking the bus. (h/t B K Swan) 

–Are transmission lines holding back America? 

–Quiztime! Quote from Steve Jobs or The Matrix

 –How the food that your throw out is linked to global warming

Luck and skill in poker. 

–Making fuel out of thin air

–Seattle superhero Phoenix Jones arrested.   

–Oil traders unravel the mystery of Cushing

–Ten terrifying treats for Halloween

–Renewables are here to stay

–Lawmaker wants Florida to reinstate dwarf tossing. (h/t J Correll) 

–Smart grids, smart meters, smart software. (h/t @EnergyMrktIntel

–Scarily good (and weirdly fascinating)…348 pictures of people frightened at a Halloween attraction

The Burrito Deluxe Award of the Week goes to hope that the underlying reason for the rally in risk assets is not misplaced. Go-go gadget Euro-debt-rescue-and-economic-recovery. 

The Burnt Burrito Award of the Week goes to the backlash against Steve Jobs for all the coverage he has received. The praise is justified; if in any doubt, take 15 minutes to watch this speech and appreciate his greatness. And for those who prefer infographics, here are 15 things you may not have known about him. 

Have a fab weekend!

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