July 2009

Happy Birthday Nikola Tesla!

Lynne Kiesling Today’s Nikola Tesla’s 153rd birthday, as you can see celebrated in the Google page logo today (Hat tip: D.O.U.G., thanks!). If we owe our modern electricity-enabled civilization to any one scientist, it’s Tesla — alternating current, induction motors, transformers, you name it. Tesla rocks. And for you 80s music fans, Tesla’s birthday post …

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Geoff Styles on the CFTC’s Desire to Fix Up Energy Futures Markets

Michael Giberson Geoff Styles: Speculation Witch Hunt? He says he thinks “the CFTC and its supporters in Congress and the administration are barking up the wrong tree, altogether, based on a fundamental misunderstanding of the markets.” the current determination to clamp down on speculation appears to be based on two hypotheses that are … probably …

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This Year for the Tour I’m in the Vande Velde/Garmin Cheering Section

Lynne Kiesling Every year the KP Spouse and I pick a favorite rider and team in the Tour de France, and to keep things interesting we don’t pick the same rider and team (this is a household where we deliberately cheer for different English Premiere League and NHL teams too …). While we share in …

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Health Care Policy, Individual Consumption Portfolios, and Liberty

Lynne Kiesling Two posts I’ve read this morning about health care resonate for me in combination. The first was Russ Roberts’ discussion of his conversation with a new Walmart employee about wages and benefits, where he notes that I didn’t get to ask her if she had health care coverage at either job. But the …

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Sources and Uses of Electric Power Consumed in the United States

Michael Giberson From the Annual Energy Review by the Energy Information Administration (a unit of the U.S. Department of Energy), a chart showing the sources and uses of electric power: Via Lou Grinzo at the Energy Collective. Click through on the chart to see a larger version (or get the PDF) from EIA. The chart …

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Pickens New Plan: Not to Build the World’s Largest Wind Power Farm

Michael Giberson [UPDATE: Pickens now says he is delaying, not dropping plan to build his wind farm.] Boone Pickens is dropping his plan to build a huge, 4,000 MW wind power farm in the northeast corner of the Texas Panhandle.  Among the reasons: his plan to build his own transmission line fell through, the transmission …

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CFTC to Consider Position Limits on Energy Futures Contracts

Michael Giberson The chairman of the Commodity Futures Trading Commission, Gary Gensler, has announced that the agency will hold a series of meetings in July and August to consider how it can use its existing statutory authority to “ensure the fair, open and efficient functioning of futures markets.” The first of the meetings will focus …

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