$100 Oil In Our Imminent Future

Lynne Kiesling This morning finds oil prices hitting $98 per barrel, amid inventory data showing that U.S. inventories have fallen for another week (that’s three in a row). So is this the most expensive oil has ever been in real terms? “The $100 jackpot is imminent now, despite the fact there aren’t really oil fundamentals … More $100 Oil In Our Imminent FutureMore $100 Oil In Our Imminent Future

China and India Energy Predictions From the Iea

Lynne Kiesling Every year the U.S. Department of Energy and the International Energy Agency publish forecasts of world energy production and consumption, and the economic and environmental consequences thereof. Typically these forecasts use elaborate computer models to extrapolate various scenarios to generate a sense of where we might be headed, based on different use patterns, … More China and India Energy Predictions From the IeaMore China and India Energy Predictions From the Iea

Electricity Prices and Deregulation, Again

Michael Giberson Another David Cay Johnston article in the New York Times concludes, surprise, deregulation leads to higher electricity prices. The article has led to a burst of blogging, including by Mark Thoma, Felix Salmon, and the Economist‘s Free Exchange. Johnston’s piece highlights the results of calculations by Marilyn Showalter’s group, Power in the Public … More Electricity Prices and Deregulation, AgainMore Electricity Prices and Deregulation, Again