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Posts Tagged ‘solar power’

0 Jun 29 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Technology

Burrito bites

Happy Friday! As the see-saw of time sends us tipping into the second half of the year, we have had an exceedingly interesting week indeed for both natural gas and oil. Natty pushed through resistance to make a six-month high, before panicking and scarpering lower again despite a heat wave engulfing the US to spur on cooling demand. As for oil, a descent to eight-month lows for WTI has been met by an effervescent rally, due to a bit of good news out of Europe (a refreshing change indeed). As we approach the weekend…burrito bites are your friend!: » read more

0 Jun 22 2012 @ 10:52am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Yo y’all, it’s been another nutty week in the world of energy, as Brent crude has made 18-month lows, while WTI has disco-danced its way back into the 70’s (to $77 to be specific); worsening economic data on a global front has been the overwhelming drag on prices this week. Natural gas is seeing record temperatures across parts of the US boosting cooling demand, but even the impending formation and threat of the fourth-named storm of the Atlantic hurricane season cannot propel prices too much higher (insert Debby downer joke here). Enough from me, it’s time to eat:

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0 May 25 2012 @ 10:55am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

The sun is shining, and the prospect of a long weekend is upon us. Happy Friday indeed! Unfortunately, there have been storm clouds hovering over Energyland™ all week due to ongoing Eurozone woes, as the clear and present danger of Greece exiting the euro becomes, err, more clear and more present (as the saying goes, change will come when the pain of staying the same is worse than the pain of change).

As for natural gas, prices have been exceedingly choppy but range-bound, as an early-week rally has been replaced by selling due to neutral temperatures on the outlooks and the prospect of coal-to-gas switching now becoming gas-to-coal switching after the recent run up. So my blurb is finito, now have some bites of burrito…

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0 May 18 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, energy consulting, Natural Gas

Burrito bites

Happy Friday! And another nutty week comes to a conclusion, as natural gas prices continue on their upward trajectory on expectations of warmer weather (and higher demand), while crude continues to slide. Geopolitical tension with Iran has dropped off the radar as the Euro debt crisis accelerates its deterioration, leaving risk appetite to flee the building. Enough from me, it’s time to eat: » read more

0 Mar 23 2012 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

100 Burrito Bites!

It is with a hint of bemusement and a pinch of pride that I introduce you to the 100th edition of Burrito bites. Not quite sure how it got to this milestone…but welcome!

And it’s been another corker of a week in Commodityland™, as crude has been pressured lower by France joining the choir for a release from emergency oil stockpiles, before supply loss fears from Iran have rebutted a price fall once more. As for natural gas, it has hovered around the middle of the $2.20 – $2.40 range it has held for most of the month as an early start to injection season for storage has kept prices anchored close to the shores of 10-year lows. But that’s enough for now, let’s hit the chow! » read more