Michael Giberson This morning, November 4, municipal utility Lubbock Power & Light and local regulated utility Xcel/Southwestern Public Service announced that the city utility will buy out the Xcel distribution system within the city and LP&L would become the monopoly retail power provider. The press conference hosted by the city emphasized the costliness of maintaining… More BREAKING NEWS: RETAIL POWER COMPETITION TO END IN LUBBOCK AFTER MORE THAN 90 YEARS
Michael Giberson A discovery of significant amounts of oil in Ghana has inspired a great deal of inquiry into how the country can avoid falling victim to the “resource curse,” the surprisingly low levels of economic development and weakening of political and social institutions sometimes associated with discovery and exploitation of valuable natural resources. In… More Ghana and its newfound oil: Can it use the Alaska model to avoid the resource curse?
Michael Giberson Daniel Yergin and Robert Ineson have an op-ed in the Wall Street Journal discussing the development and implications of natural gas from shale in the U.S. market. Not much will be new to you if you’ve been following the commentary here for a while, but they do provide a very good, general overview.… More Natural gas from shale: long lasting or going fast?