Happy World Water Day! (making whales smile everywhere). This week has seen the crude complex poked and prodded around by a small island in the Mediterranean, as the debt crisis in Cyprus has raised fears of contagion to Italy or Spain. This has pressured the euro lower, and hence crude prices also. As for natural gas, it has rallied to close to four-dollardom as this winter goes on and on. And on. Before Friday night, let’s fill up on bites: » read more
Archive for the ‘Risk Strategy’ Category
Burrito bites
Ernest and Gina Go To Washington
In a world of acronyms, President Obama announced this week (FYI, ICYMI) his nominees to head up the DOE and EPA. Pending confirmation by the Senate, Ernest and Gina will be going to Washington*. » read more
Could The Biggest Success For NGVs Be At Sea?
As natural gas becomes ever more prevalent as a global fuel, there are increasingly more inventive ways of both consuming and transporting it (see left). While here in the US there is ever greater focus on CNG and LNG-powered vehicles, there is potentially another form of transport that could steal the crown as the King of NGVs…shipping. So after sailing through a sea of research this week, here is the treasure trove of info I have gathered on my travels: » read more
From Theft To Piracy To Flaring To….Hope?
Nigeria is a fascinating country, with so much potential yet so many challenges. It is the largest oil producer in Africa, and has 37 billion barrels of proven oil reserves (10th largest in the world). It is also the holder of the largest natural gas reserves in Africa. For all intents and purposes it is also a petro state, with 95% of its export earnings coming from oil, which account for 65% of its budgetary revenues. » read more
Everything But Energy
Sometimes it is useful to take a look at the bigger picture, or a completely different picture, when trying to assess the vibe (man) of a certain market (i.e., energy), especially given some of the negative vibes swirling in the markets at the moment. As regular burrito readers know, the foundation of this blog is built on the belief that financial markets influence and are influenced by each other. Therefore, by taking a look at current trends in equities, commodities, bonds, economic data, and currencies – basically everything but energy – it can help us get a more rounded view on the subject that is most dear to us. » read more



