March 2, 2005

It’s That Time Of Year: Fuel Switchover

Lynne Kiesling Refined product prices hit a peak today, as did oil prices, according to Bloomberg. This is the time of year when refiners switch over from producing winter fuel to summer fuel, and have to start the complicated and costly process of depleting winter stocks in their tanks. Fires at refiners don’t help either.

Is Economics Just Another Applied Math Field?

Lynne Kiesling I highly recommend Arnold Kling’s Tech Central Station article today on the implications of the very mathematical methodology of modern economics. Arnold’s article is inspired by this recent Cato Journal article from Dartmouth economist Meir Kohn, which I also recommend to you. Actually, I have to say that I find Kohn’s paper to …

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The Cranky Consumer On Electricity “Deregulation”

Lynne Kiesling Tuesday’s Wall Street Journal had an installment in its regular series called “The Cranky Consumer”, in which one of the WSJ writers goes out into the market and reports on the consumer experience. Tuesday’s installment was written by Rebecca Smith, the Journal’s regular electricity writer and one of the best energy journalists around. …

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