March 2004

OPEC News Update

More on OPEC’s new attempt to restrict its production and the federal government reactions, from the New York Times (link courtesy of Megan McArdle), Forbes, and PBS’s Newshour Online.

Here’s Your Daily Gas And Oil Update

Let the demagoguery begin! Let it know no bounds, nor be the private purview of either major political party. One the one hand, John Kerry makes several “proposals” for reducing gas and oil prices, which are of course President Bush’s fault, ably summarized in this Houston Chronicle article. Kerry’s suggestions are laughably unrealistic and unlikely …

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Bundling As A Rationale For Regulation? I Should Think Not

I am really glad that folks around here have picked up this bundling conversation. See, for example, Stephen Bainbridge’s observations, who argues that bundling is anticompetitive. I disagree, as long as the consumer has an opportunity to say “no” and use something else. And of course under the usual dynamics of R&D and competition, some …

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