Happy Nonfarm Friday! Crude is mustering a positive end to a rather lackluster week, as poor US oil demand (hark, a 13-yr low) threw a wet blanket over prices. It has taken a decent employment report here in the US today to reverse this trend. Meanwhile, natural gas is on another rollercoaster ride, falling three days in a row before rallying over 7% on the back of a slightly more bullish-than-consensus storage print on Thursday. What a week it has been…let’s hit the cuisine:
–The top 5 energy stories of Obama’s presidency.
–Why historic buildings are more efficient than LEED-qualified ones.
–Susceptible and impossible super bowl records.
–In the developing world, solar is cheaper than fossil fuels.
–Highlights of BP’s outlook for 2030.
–California gets 5% of its electricity from wind.
–Infographic on Apple’s cash.
–Exports accounted for 14% of economic growth last year, the most since 1929.
–The annual grocery sale cycle – what to buy, and when.
–Eight areas to watch in China in the year of the Dragon.
–Infographic on how to read food labels.
–11 charts and graphs about tv shows.
The Burnt Burrito Award of the Week goes to the Baltic Dry Index, which is down 65% year-to-date. This index measures shipping costs of dry commodites, and due to the influx of new ships to the market, pricing has crashed – destroying its relevance as an indicator of commodity prices.
Have a jumping weeekend!