---
title: "Easy Energy"
url: https://independentstockanalysis.com/easy-energy/
description: "Bank of England tacks on $78 billion to their printing program ( Marketwatch ). ECB cuts more rates than expected ( Marketwatch ). But China steals the…"
published: 2012-07-05
updated: 2012-07-05
---

# Easy Energy

Published 2012-07-05

Posted on

by

J.J. Butler

Bank of England tacks on $78 billion to their printing program ([Marketwatch](http://www.marketwatch.com/story/bank-of-england-boosts-quantitative-easing-program-2012-07-05)). ECB cuts more rates than expected ([Marketwatch](http://www.marketwatch.com/story/ecb-cuts-refi-rate-to-record-low-075-2012-07-05)). But China steals the show with a cuts ([Marketwatch](http://www.marketwatch.com/story/chinas-central-bank-cuts-lending-deposit-rates-2012-07-05?dist=beforebell)). One more take: [FT Alphaville](http://ftalphaville.ft.com/blog/2012/07/05/1072711/the-boe-and-china-hit-together-again/?utm_source=dlvr.it&utm_medium=twitter). Looks like the commodity equity face ripper may continue into day four…

Oil Rises to One-Month High as Strike Halts Norway Output at [Bloomberg](http://www.bloomberg.com/news/2012-07-05/oil-advances-before-ecb-decision-u-s-crude-supply-data.html). Norway oil talks fail, strike could last weeks: union at the [Financial Post](http://business.financialpost.com/2012/07/04/norway-oil-talks-fail-strike-could-last-weeks-union/).

More on the monster Marcellus: [RBN Energy](http://www.rbnenergy.com/marcellus-changes-everything-part3-great-flow-reversal-2016).

NGL’s, as in ‘wet gas’, are in trouble: “Lowest U.S. ethane prices in years are leading to unprecedented volumes of ethane rejection in the U.S. Rockies and Midcontinent” from [Benteck](http://www.bentekenergy.com/InTheNews.aspx). It’s occurring in Pennsylvania too. [State Impact](http://stateimpact.npr.org/pennsylvania/2012/07/03/stagnant-ethane-demand-leads-to-lower-prices/)

Exxon reject Polish shale, so their governments has a copper company “provide mining engineering expertise”. Yea, that’ll end well. [WSJ](http://blogs.wsj.com/emergingeurope/2012/07/04/polish-state-controlled-firms-team-up-to-explore-for-shale-gas/?KEYWORDS=poland+and+shale)

Fracking funny: Lawmaker pushes wrong button on a veto override vote. [NY Daily](http://www.nydailynews.com/news/national/frack-tired-north-carolina-lawmaker-pushes-wrong-button-accidentally-oks-fracking-article-1.1107776)

Another funny: Monbiot flips from the we’re doomed peak oil crowd to enviro humanity is screwed crowd with the flip of a switch: [Guardian](http://www.guardian.co.uk/commentisfree/2012/jul/02/peak-oil-we-we-wrong).