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0 Mar 16 2012 @ 10:52am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Top of the morning (…afternoon or evening) to you! As the shot clock of the working week ticks down, it has been another typical week for natural gas – warmer weather (= weak demand) and strong supply pressuring it to a new 10-year low. As for crude, all has been quiet on the Iranian front, leaving prices to trade broadly sideways as economic data has been supportive for the most part, while subdued demand in the US provides little reason for a rally. As time allows, let’s hit the chow:

5 truths we must face about energy.

–Fundamentals of gasoline price disparities.

–10 ridiculous job interview questions from the past 3 months.

–If cutting carbon emissions isn’t working, what’s next?

–Why high oil prices are affecting Europe rather than the US.

Top ten facts, or myths and reality about St. Patrick’s Day.

–Graphical representation of a growing urban population.

–Energy Secretary Chu back-pedals from his 2008 statement on targeting high gas prices.

–Infographic: Women are most likely to die from job-related stress.

–Succinct summary of key themes from CERA week.

–Infographic: Happiness by country. (h/t Eric Bickel)

–Adventures in the scarcity effect.

–Interactive Keystone XL map.

–19 really bad family feud answers.

The Burrito Deluxe Award of the Week goes to the lack this week of both geopolitical tension with Iran and negative news flow about the Euro debt crisis. Refreshing.

The Burnt Burrito Award of the Week goes to a rumor (started by those dodgy Brits) that President Obama had agreed to release emergency oil reserves in an attempt to lower fuel pricing. With US stocks at 6-month highs and US gasoline demand down 7.2% on last year, it seems prudent to mention that high gasoline prices are not due to either low supply or high demand.

Have a rollickingly good St. Patrick’s Day!

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