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Posts Tagged ‘Keystone pipeline’

0 Jan 13 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Happy Friday 13th! And it is indeed turning out to be an unlucky day for markets, as credit downgrades to European countries have scuppered the goodwill that had been carefully constructed in the last week.

Crude had already been pressured back into double-digitdom by the likely delay to an oil embargo on Iran by the EU, while natural gas has plundered lower and lower on moderate weather outlooks, and both rampant storage surpluses and supply. But enough from me, let’s hit the treats.   » read more