June 11, 2002

Optimism

This week is finals week at Northwestern, and that means that I get to read 11 research papers from my Environmental Economics class. Very good brain candy — I always learn something from their presentations, their evidence, and their arguments. If these students are representative of the future of environmental policymakers, I am hopeful.

California, Manipulation, and Learning

I’m not going to get into the California market manipulation fray any further for now, beyond providing links to stories summarizing the issues and commenting on the continuing vituperative rhetoric of politicians in California, without any willingness to acknowledge that the rules of their dysfunctional “market” did not forbid any of these trades. At the …

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Oil Market News

Lots of good oil market news today for consumers; a bit less good if energy stocks comprise a substantial share of your investments! A Platts survey of OPEC production shows a huge increase in May, according to a press release on Yahoo Financial News. Iraq coming back online and Venezuela increasing production after the oil …

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