Why is the Strategic Petroleum Reserve Unable to Operate During Power Outages?

Michael Giberson According to the US Department of Energy, “The Strategic Petroleum Reserve exists, first and foremost, as an emergency response tool the President can use should the United States be confronted with an economically-threatening disruption in oil supplies.” In response to disruptions caused by Hurricane Gustav, the DOE has indicated a willingness to release … More Why is the Strategic Petroleum Reserve Unable to Operate During Power Outages?More Why is the Strategic Petroleum Reserve Unable to Operate During Power Outages?

Mississippi Attorney General Wants Power to Limit Price Increases in Advance of Emergencies

Michael Giberson Mississippi has a price gouging law which allows the state government to prosecute businesses that raise prices on certain kinds of retail goods and services during a “state of emergency” (as officially declared by the state’s governor). Now the Mississippi Attorney General discovered that businesses were working around the legal barrier to price … More Mississippi Attorney General Wants Power to Limit Price Increases in Advance of EmergenciesMore Mississippi Attorney General Wants Power to Limit Price Increases in Advance of Emergencies