Michael Giberson Entergy press release: New Orleans, La. – Entergy Corporation (NYSE: ETR) announced today that, based on comprehensive review and analysis, it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies. The Entergy operating companies will provide detailed analysis supporting …
Michael Giberson From the memo of U.S. Attorney General Eric Holder to the interagency Financial Fraud Enforcement Task Force: Based upon our work and research to date, it is evident that there are regional differences in gasoline prices, as well as differences in the statutory and other legal tools at the government ‘ s disposal. I don’t …
Michael Giberson Why would a customer want to prepay for his or her electric power service? A summary by Oracle, from a white paper describing how smart meters can enable prepaid power plans, says: Prepayment is especially popular with customers who: Have difficulty coming up with money for all the deposits typically required to rent …
Why Do Customers Want to Prepay for Electric Power Service? Read More »
Lynne Kiesling Following up on Mike’s post yesterday about pandering politicians and their 2011 edition of the recurring petroleum price witch hunt … Others have weighed in on the idiocy of this “Oil and Gas Price Fraud Working Group”. Let’s start with KP’s go-to energy finance economist, Craig Pirrong: … it’s an opportunistic effort to …
Michael Giberson The title is a quote from a Q&A conducted by the Financial Times Energy Source blog with a couple of top executives from smart meter maker Landis+Gyr. Part 1. Part 2. Questions were culled from suggestions from readers. First up in Part 1 are two questions from Tyler Slocum of Public Citizen: Does …
“What We Call ‘smart Metering’ Today Will Business As Usual Tomorrow.” Read More »
Lynne Kiesling On Wednesday morning Planet Money’s Jacob Goldstein was on NPR’s Morning Edition discussing the role of credit rating agencies in the economy, in the wake of the signal earlier this week from Standard & Poor’s regarding their assessment of the quality of U.S. Treasury debt. The statement itself had only a fleeting negative …
Why Do Credit Rating Agencies Still Have Any Credibility? Read More »
Michael Giberson The Free Dictionary defines pandering as, among other things, “To cater to the lower tastes and desires of others or exploit their weaknesses.” Here is a new example of the common political variant of pandering: The newly organized federal Oil and Gas Price Fraud Working Group. Consumers don’t like high gasoline prices and …
Michael Giberson Tuesday night a Cheasapeake Energy fracking operation in Pennsylvania suffered a breakdown resulting in the spill of thousands of gallons of fracking fluids at the drilling site and into a local stream. The news reports so far are kind of sketchy on the scope of the potential damages. They report “thousands of gallons” …
Fracking Regulation Just Became a Little Bit More Difficult Read More »
Lynne Kiesling I’ve been enjoying the new videos available at LearnLiberty, all of which give clear, insightful discussions of fundamental concepts of classical liberalism (including economics). My highlight of the day is Tom Bell’s “Can order be unplanned?” [youtube=http://www.youtube.com/watch?v=aPICY2SXgn0] The answer is yes. Here Tom explores the rich intellectual history of the concept of spontaneous …
Michael Giberson From The Oregonian, “BPA, wind developers argue over looming problem of too much power from renewables.” In sum: “The BPA has backed away from formally implementing the wind-curtailment plan, a move that renewables advocates applauded. But it hasn’t come up with an alternative. ” The looming problem involves moments on the Bonneville Power …
BPA Continues Not to Have a New Plan for Handling Excess Renewable Power Production Read More »
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