Lynne Kiesling Headed home from a week’s vacation in England, which is the reason for my radio silence here! I was going to post, but traveling with the KP Spouse and two of our best friends meant for a fun and busy schedule! The primary event of/reason for the trip was Hamlet at the Royal …
Michael Giberson Joseph Romm, writing at Grist, notes that a recent Economist story on hydrogen-fueled cars comes to the same conclusion he had reached when he wrote about the Honda Clarity prototype for a Technology Review blog. To wit, there is no hydrogen-powered car in your future. The Economist notes that hydrogen cars do have …
Michael Giberson The question is, “What is up with OPEC?” The New York Times reports from Vienna, where Saudi negotiators both publicly stated support for an agreement to reduce production and privately spread word that they would not be bound by the production targets. In June, King Abdullah pledged that his country would pump at …
Michael Giberson Boone Picken’s new book, The First Billion is the Hardest, reviewed in the Wall Street Journal. From the review, after a summary of Pickens’s business success with Mesa Petroleum: Such accomplishments are the core of Mr. Pickens’s 1987 autobiography, “Boone,” which was updated 13 years later and retitled “The Luckiest Guy in the …
Lynne Kiesling JetBlue has an eBay store, and they are auctioning off seats for lots of different flights, with starting bids as low as five cents. This is a good way to deal with excess capacity at the last minute, and I agree with one of the commenters that I wish music concerts and sporting …
A New Airline Business Model? Jet Blue Auctions Seats on Ebay Read More »
Lynne Kiesling The headline on this article in today’s USA Today says it all: Taxpayers take on trillions in risk in Fannie, Freddie takeover
Lynne Kiesling Sitting at O’Hare, waiting for a plane … what better time to share the myriad links I’ve collected this week on smart grid topics? Today I saw this post on smart grid technology at the Discovery News Powr Talk blog. Their post, titled “Grid, Ready to Talk”, hits hard on the point that …
Michael Giberson Retail gasoline prices typically rise like a rocket and fall like a feather (as discussed here before), but this most recent price rise and fall may be upsetting that typical pattern. Just eyeball the chart below from the U.S. Energy Information Administration and you see that prices appear to be dropping about as …
Gasoline Prices Dropping More Like a Rock Than a Feather Read More »
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 …
Why is the Strategic Petroleum Reserve Unable to Operate During Power Outages? Read More »
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 …
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