Australia floods sqeeze China's coal supply.
The Saudi peninsula errupts in Yemen, Bahrain and Oman, with speculation about intermediate term impacts among the Shia population in the eastern provinces of Saudi Arabia, and the probable hand of Iran in it all.
Libya errupts as a side show to the rest of Northern Africa, but taking its production capacity off-line raises questions about Saudi capacity to step in and fill the breach, and further reminds us that oil is not totally fungible.
North Africa is not all that rumbles. Louisiana mini earthquakes, tentatively associated with fracking activity in the area, brings to the fore the broader issue of fracking which is losing some of its glow as the no-brainer replacement for OPEC oil in our energy future.
And then there is the rumble on the far side of the Pacific, which did far more than damage Japan's coast--it put nuclear energy, that other silver bullet in our energy future, in the penalty box with deep-sea oil drilling.
