Lynne Kiesling Refined product prices hit a peak today, as did oil prices, according to Bloomberg. This is the time of year when refiners switch over from producing winter fuel to summer fuel, and have to start the complicated and costly process of depleting winter stocks in their tanks. Fires at refiners don’t help either. … More IT’S THAT TIME OF YEAR: FUEL SWITCHOVER
Lynne Kiesling I highly recommend Arnold Kling’s Tech Central Station article today on the implications of the very mathematical methodology of modern economics. Arnold’s article is inspired by this recent Cato Journal article from Dartmouth economist Meir Kohn, which I also recommend to you. Actually, I have to say that I find Kohn’s paper to … More IS ECONOMICS JUST ANOTHER APPLIED MATH FIELD? … More IS ECONOMICS JUST ANOTHER APPLIED MATH FIELD?
Lynne Kiesling Tuesday’s Wall Street Journal had an installment in its regular series called “The Cranky Consumer”, in which one of the WSJ writers goes out into the market and reports on the consumer experience. Tuesday’s installment was written by Rebecca Smith, the Journal’s regular electricity writer and one of the best energy journalists around. … More THE CRANKY CONSUMER ON ELECTRICITY “DEREGULATION” … More THE CRANKY CONSUMER ON ELECTRICITY “DEREGULATION”
Michael Giberson Following up my post of yesterday, use this link to automatically search FERC’s website for the Enron trading materials posted online on March 1. Available are hours of recorded tape conversations and a host of supporting testimony prepared by the FERC trial staff. Apparently, FERC trial staff decided to conduct a random sampling … More THE TWO FACES OF ENRON: THE LINK … More THE TWO FACES OF ENRON: THE LINK