January 2009

Most Expensive Gasoline in America – a Zone Pricing Protest

Michael Giberson WABC-TV reported Friday on what was likely the highest priced retail gasoline in the country: an Exxon station in Summit, New Jersey was offering regular grade gasoline for $4.89/gallon.  According to AAA’s Daily Fuel Gauge Report, the current average price in the US is about $1.85/gallon, and the average price in New Jersey …

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Any Good Analyses Comparing Renewable and Nuclear Costs?

Lynne Kiesling Today several items have floated across my radar screen contending that renewables are cheaper than nuclear power. Here, for example, is a snippet of a talk from Eric Schmidt of Google on the topic. I can see the possibility, given the innovations in renewables, incorporating the savings in foregone wires construction (although that …

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Fuel Hedging: Sometimes You Get the Bear, Sometimes the Bear Gets You

Lynne Kiesling One of my father’s default tag lines was “sometimes you get the bear, sometimes the bear gets you.” I use this phrase frequently when discussing hedging future price changes — if prices move in the direction you anticipated, you earn a profit, if they move in the opposite direction, you earn a loss. …

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“Fixing” the Economy: How Do You “Fix” an Ecosystem?

Lynne Kiesling In the post-election show of sleeve-rolling-up meeting between Barack Obama and John McCain, their main rhetoric revolved around how they could work together to “fix up the economy”.  At the time I wrote about how that language rankled me (and Russ Roberts), because the economy is not a closed-system project, and politicians who …

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