I found the envelope class in Java's JTS library very handy. An envelope holds the minimal and maximal coordinates of a geometry and is also called bounding box sometimes.
I wanted to get the common envelope of a number of shapely points. In JTS you could call expandToInclude to enlarge the envelope point by point.
As JTS was serving as a blueprint to GEOS / shapely, I was expecting something similar in shapely, but could not find it (I am new to the library though). I know it is no rocket science to do it yourself, but I doubt there is no more elegant way to do this. Do you have any idea?