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0 Nov 4 2011 @ 10:56am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Yep, goats in a tree. Happy Friday, and welcome to another random assortment of educational and odd. Confusion reigns in relation to the European debt crisis as Greece threw a spanner (=ratchet) in the works after last week’s bailout plan had been agreed upon. This week’s bout of economic data has been decidedly mixed – good enough to inspire hope that slow economic growth will continue, but weak enough to provoke wariness and apprehension. Crude oil continues to gauge itself off general market sentiment – swaying like a reed with the news flow – while natural gas sold off after last weekend’s Northeastern snowstorm, only to see bargain-hunting coming back into the market late in the week. Before the weekend respite, let’s hit up the bites:  

–The six natural resources most drained by our 7 billion population.

–Shale gas reserves could reignite the US economy.


–Study shows the internet accounts for 2% of global energy.

–Google-funded project confirms vast potential for geothermal energy in the US.

–40% of 2-4 year olds can use a smartphone or iPad.

–One of the most effective ways to reduce electricity use is a guilt trip.

–How solar can save Gulf oil exports.

–10 cool underground hotels.

–Carbon Fear and Loathing in Riyadh.

–US government announces desert ‘solar energy zones’.

–Infographic about the downside of bottled water. (h/t @EnergyMrktIntel)

5 myths about energy in America.

–Halloween arrest mugshots.

The Burrito Deluxe Award of the week goes to European leaders and their powers of persuasion to get G-Pap (Greece prime minister George Papandreou) to recant on his call for a referendum vote to approve the EU bailout package.

The Burnt Burrito Award of the week goes to G-Pap for making the call in the first place.

May your Guy Fawkes weekend be full of sparklers!

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