Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Energy

A summer surprise: lower gasoline prices.  (Bespoke)

John Arnold closes his hedge fund. Is the “generational bottom” in natural gas finally here?  (Bloomberg, Money Game)

Aubrey McClendon just loves to run Chesapeake Energy ($CHK) like a private company – too bad its public.  (Dealbreaker also WSJ)

Markets

Pearls of wisdom from Barton Biggs.  (Doug Kass)

Why does it take outsiders to ask simple questions of questionable companies?  (research puzzle pix)

‘The Scream’ just sold for a record $120 million. Time to check in on Sotheby’s ($BID).  (FT, Money Game)

Economy

What does the lack of floating-rate Treasury notes tell us?  (Barron’s, WSJ)

The Australian economy may be headed into recession.  (MacroBusiness also FT Alphaville)

A busy day for economic reports today.  (Calculated Risk, FT Alphaville)

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