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Posts Tagged ‘self sufficiency’

0 Jan 20 2012 @ 10:53am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, UK natural gas

Burrito Bites

Good day, good day!  Crude has toppled below the monkey bar of $100 late on this week as – would you believe – Euro debt concerns arise once more. In addition, crude has been clobbered by a disheartening domestic demand situation. Total product demand is down 7.2% on this time last year, while gasoline demand has just plummeted to its lowest level since 2001. And while on the subject of plummeting to new lows, the good ship natty has keeled over and made a decade low as supply remains staunch and the storage surplus swells (…while weather is set to swelter). Ay, there’s the rub, and here’s the grub. » read more