While I’m tooting my own horn, I should mention this Philadelphia Inquirer article by Akweli Parker on the prospects for oil and gas prices and supplies if we do go into Iraq and Venezuela continues to be unpredictable. He interviewed me as well as a host of much more knowledgeable people, and put together a …
A Good Article On Oil Markets, With A Soupcon Of Self Promotion Read More »
This article from Tuesday’s Orange County Register summarizes where we are in trying to get beyond the electricity policy failures in California. The article cites the $8.9 billion in refunds that California policymakers think they are owed, a number I discussed in reference to FERC Judge Birchman’s estimate of refunds in this post. Also today, …
More Analysis And Drama In The Never-ending California Electricity Crisis Read More »
While I’m making reading recommendations, let me belatedly recommend this Reason Online article by Jonathan Rauch on fuel cells. He’s a fantastic writer (this article is very much in the same tone as his outstanding April 2002 Atlantic Monthly article on computer-generated artificial societies as a tool to understand migration and the demise of Anasazi …
This spectacular article by Arnold Kling in Tech Central Station today analyzes the roles that content intermediaries play, and how those roles evolve over time and with technology. He succinctly captures the dynamics of the situation with the concept of Bayesian filtering, and he also points out (accurately, I think) that one particularly valuable role …
I am generally not an overly sentimental or romantic person, but when it comes to my adopted hometown (I’m from Pittsburgh originally, so yes, I was depressed Saturday night) I tend to wax lyrical and poetic. For me Chicago symbolizes much of what is important, valuable, and beautiful about human creativity and the human spirit …
As expected, yesterday OPEC members chose to raise their production by 1.5 million barrels/day.
Illinois nominally opened its electricity generation to competition for all consumers as of May 2002. Have we seen much entry? Heard much consumer education? Seen any advertising from competitors? No. It’s been staggeringly disappointing. But that may change soon. Peoples Energy, our less-than-impressive natural gas former monopoly utility, has contracted with Hess Microgen to provide …
Read Megan McArdle’s post on Gray Davis’ suggestions for federal economic policy. The comments are also particularly illuminating, including the one that points out that California’s budget deficit is larger than the combined deficit of all of the rest of the states. The comments also have a discussion of the extent of Enron’s culpability in …
According to the Washington Post, the US will join the mediation effort of the Organization of American States to bring a quicker end to the instability in Venezuela.
Gas prices to rise by summer, government says. Gas prices always rise by summer, it’s called seasonal demand variation. But this AP article is more substantive than that (I realize that they are hard-pressed to come up with pithy headlines), discussing how the current supply problems from Venezuela are likely to lead to a higher-than-average …
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