Phew! Made it to another Friday! Natural gas is stuck in Groundhog week, as it again makes a new decade-low on the same themes of last week (…and the week before, and the week before…) with strong supply and downbeat demand. Crude oil has drifted lower for most of the week, but is bouncing with some bargain-hunting after testing two-month lows. Oh happy, oh joy, the snacks are ahoy: » read more
Archive for the ‘Economy’ Category
Burrito bites
A Ring Around The Rulings
Given the influx of ruling-related rhetoric in the realm of Energyland™ this week, it seems useful to take a look at some of these announcements – which cover ground from fracs to specs, from UK shale to US LNG – to gain a better understanding. So without further fluff, let’s get our game faces on (= serious post, ahoy), and do a quick ring around the rulings.
Burrito Bites

Happy Friday the 13th, mwahahahaha! (That was an evil laugh, btw). Natural gas has been scared silly this week, back into the realm of one-dollardom, as bearish fundamentals of limited demand and bountiful supply push it to levels not seen since the early noughties. As for crude oil, prices have composed themselves after screaming lower earlier in the week, ahead of a monster of a meeting between Iran and global representatives. Anyhow; time to relax and hit up the snacks: » read more
Around The World In 80 Seconds
100 Burrito Bites!

It is with a hint of bemusement and a pinch of pride that I introduce you to the 100th edition of Burrito bites. Not quite sure how it got to this milestone…but welcome!
And it’s been another corker of a week in Commodityland™, as crude has been pressured lower by France joining the choir for a release from emergency oil stockpiles, before supply loss fears from Iran have rebutted a price fall once more. As for natural gas, it has hovered around the middle of the $2.20 – $2.40 range it has held for most of the month as an early start to injection season for storage has kept prices anchored close to the shores of 10-year lows. But that’s enough for now, let’s hit the chow! » read more






