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2 Jan 6 2012 @ 10:58am by Matt Smith in Crude Oil, Global Energy, Natural Gas

Burrito bites

Happy 2012 and all that gubbins. Time to get our heads out of the clouds (lenticular ones at that, see left) and our feet back on the ground after a welcome respite. This first trading week of the year has sure been eventful, although somewhat with familiar themes flowing through it. Crude prices have been involved in a game of tug-of-war, with geopolitical concerns on one end of the rope, and European debt woes on the other. As for natural gas, there is again the familiar themes of non-extreme weather and strong supply / storage data to aid it in pootling lower. Any hoo, let’s chew:

–The #1 US export in 2011 was….petroleum.

–How one man’s roof paid for his car.

–Infographic – how well we fare with new year’s resolutions. (hint: not well).

–US shale to LNG imports just won’t stop.

–What car parking can tell us about company morale.

–The Strait of Hormuz is the world’s most important oil transit chokepoint.

–Why do dogs walk in a circle before lying down?

–The seven biggest solar projects in the world today.

–2012: The UN international year of sustainable energy for all.

–50 of the most strange and unusual buildings in the world.

–Storing solar energy when the sun goes down.

–Infographic on what happens on the internet in 60 seconds.

–International players jump at US shale.

–A link to a links of links in the list of the best lists for 2011. Or alternatively, the top ten top ten top ten list.

The Burrito Deluxe Award of the Week goes to jobs data in the US, which gives us some semblance of hope that the US economy is moving in the right direction.   

The Burnt Burrito Award of the Week goes to total oil product demand in the US. It is down 7.2% versus the same four-week period of last year, due in good part to weak gasoline demand. Something to temper the optimism of the Burrito deluxe award, unfortunately.

Have a resplendent weekend!

2 Comments on this post:

  1. Rochelle says:

    Matt, I always pull through in the parking lot, not for a speedy exit(because I love my job) but to save gas. I’m trying to be more fuel efficient. Check out this article.

  2. Matt Smith says:

    hahaha….I’ve seen you burning rubber out of the parking lot…your secret is safe with me…

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