As incredulous as it seems, ‘Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo’ is in fact a grammatically valid sentence in the American English language. This was brought to my attention by a colleague, and it set me off thinking about incredulous things in the energy complex. So here are ten random energy incredulosities: » read more
Posts Tagged ‘carbon emissions’
Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo
Burrito bites
Good day! It’s been a week of extreme emotions; happy times as Punxsutawney Phil declared an early spring and China celebrated a New Year, while on the downside the news has been dominated by the unrest seen in Cairo, Egypt. Despite this first week of the month being heavy on the economic data front, concerns about the unrest spreading to the oil-rich countries of the Middle East has dictated the movement in the crude complex. Worrying? I should cocoa. As for natural gas, it was Groundhog Day again on Wednesday Thursday; just like the prior week a bullish storage print provoked a bearish response. Next week brings more energy-specific newsflow with the EIA monthly report, but for now let’s rebuff the bad news and hit the buffet: » read more
Burrito Bites
Hola, this week has seen prompt month natty suddenly climb to a 5-month high as persistently colder-than-norm temperatures and outlooks in key areas are uplifting demand and downtreading storage levels (…while the calendar strips still need CPR as they flatline). WTI crude has dropped back below $90 once more, on worries about China, China, China, and China (inflationary concerns there have caused funds to flee from commodities). Anyhow, as funds take flight, let’s hit up the bites: » read more
The A – Z of Energy
This is one of those random posts I occasionally come up with…this week I figured I’d like to teach the world to sing see if I could relate the entire alphabet to Energyworld(tm). So here it goes:
A is for Algae – as discussed previously on the burrito, Algae is an unconventional yet plausible biofuel.
B is for Biofuel - US Gov’t has mandated 36 billion gallons of biofuels to be produced in 2022.
C is for Coal – approximately half of the electric power in the US is generated from coal.
D is for Diesel – diesel-powered cars achieve 20-40% better fuel economy than gas-powered ones.
E is for Ethanol – Henry Ford designed the Model T Ford to run on ethanol.
F is for Firewood – rubbing two sticks together to create fire can exert a lot of energy.
G is for Gasoline – burning a gallon of gasoline creates 19 pounds of carbon dioxide.
H is for Heating Oil – the Northeast accounts for 82% of heating oil demand in the US.
I is for Ice – a company has developed a novel way to store energy as ice.
J is for Jatropha – another unorthodox yet potential biofuel of the future, previously discussed here.
K is for Kryptonite – is commonly green, and has the power to kill Superman.
L is for LNG – there are 100 Liquefied Natural Gas storage facilities in the US.
M is for Methanol – is blended with gasoline as a fuel, and is also used in, err, formaldehyde.
N is for Natural Gas – 25% of energy used in the US in 2009 came from natural gas.
O is for Oil – the world’s proven oil reserves = 1,342,207,000,000 barrels.
P is for Permits – Carbon emission permits: up and running in Europe, baby steps in the US.
Q is for Quantum Leap – jumping from one energy level to another very quickly.
R is for RBOB – Reformulated Blendstock for Oxygenate Blending…aka…gasoline.
S is for Solar – Germany is the world leader for solar energy in relation to all energy produced.
T is for Turtle Power - heroes in a half shell.
U is for Uranium – is the most widely used fuel in nuclear energy plants.
V is for Vegetable Oil – used oil can be collected from restaurants and filtered to produce a biodiesel.
W is for Wind – the largest offshore wind farm in the world is set to open in the UK.
X is for Xanthidium - found in flint, the original fire starter.
Y is for Yeast power – übergeeky…a potential source of power for generators in the developing world.
Z is for Zest – a citrus-powered clock. What more do you need?
Burrito Bites
Happy Southpaw Day!
Stormy seas across the financial world have caused the good ship crude to roll over. Prices have charged lower through $80 as the Federal Reserve confirmed fears of a slowing US economy, while data from China has pointed to economic headwinds (…although self-inflicted, to quell inflationary squalls). US natural gas was buffeted lower at the beginning of the week, but has steadied the ship and has drifted sideways ever since. Equities have been looking like they want to visit Davy Jones’ locker, while bond prices are…King of the world! Ahoy, me hearties, grub’s up:
–Ten stops on the road to carbon management - article by Summit’s John Hoekstra in GreenBiz this week.
–America’s energy future may lie in Canada’s oil sands.
–Fantastic infographic on the timeline for Back To The Future (h/t MK).
–China’s oil imports fall in July on curbed demand.
–Peak Oil proponent and energy legend / conspiracy theorist Matt Simmons died this week.
–A reverse auction for energy efficiency grants.
–A hummer built with lottery tickets.
–IEA raises the global forecast for oil demand.
–What’s the carbon footprint of the internet?
–Human domino world record.
–Sales of electric cars in Spain increase 16-fold from last year….to 16.
–Balloons glow to show air quality.
–Huge ice island could pose threat to oil, shipping. (h/t LB/NG)
–A salute to Southpaws everywhere.
–Is Snooki our new investment guru?
The Burrito Deluxe Award of the Week goes to the bond market, for being the voice of reason and quietly pointing out for the past few months that all is not well in the US economy.
The Burnt Burrito Award of the Week goes to black gold, Texas tea. Last week it boomed into the $80 realm in an over-excited reaction to manufacturing data, only to be brought back down to earth this week with all the gloomy talk and doomy data.
Burrito Headline of the Week: Goat Rentals for Weed Control.
Burrito Word of the Week: Shaleapalooza.
Have a rip-roaring weekend!










