Another Los Angeles Times story, State Energy Plan Offers Conservation Incentives, says that the California Power Authority will pay large industrial users to cut back their electricity use. According to the article, The program will rely on satellite technology and real-time electric meters to dim air conditioners or lights automatically when the state’s power buyers … More PAY TO CONSERVE, OR RAISE PRICES? … More PAY TO CONSERVE, OR RAISE PRICES?
This story (registration required) does a good job of illustrating how being so close to refinery capacity can contribute to gasoline price spikes. Although prices this summer are not high either historically or adjusted for inflation, they are exhibiting some of the usual “increase before driving holidays” pattern. The fact that refinery production is so … More GASOLINE PRICES RISE IN CALIFORNIA … More GASOLINE PRICES RISE IN CALIFORNIA