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Posts Tagged ‘energy crisis’

0 Jun 1 2012 @ 10:49am by Matt Smith in Crude Oil, Global Energy, Natural Gas, UK natural gas

Burrito bites

Happy Nonfarm Friday! And wowee, all is not well in Energyland™, as the negatives stack up against crude to topple it to a seven-month low. Swelling inventories, Euro economic woes, and an unrelenting onslaught of poor economic data releases have sent crude spiralling lower. A swift reversal in sentiment and price has also been experienced by natural gas, as evidence of continued strong supply finally turns naysayers into bears. Enough for now, time to chow.

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