Yergin: Oil prices not driven by supply and demand…

Michael Giberson Reuter’s reports remarks of Daniel Yergin made in Singapore: “Oil prices today do not reflect the world’s supply and demand fundamentals. Instead, prices are reflective of the weak dollar and expectations of a strong economic recovery,” Yergin told reporters on the sidelines of a conference. Changing value of the dollar aside, isn’t all … More Yergin: Oil prices not driven by supply and demand…

If wishes were horses, then what should venture capitalists do?

Michael Giberson Thinking about wishful thinking (see previous post), I am reminded of a minor error in George Stigler and Claire Friedland’s classic article, “What Can Regulators Regulate? The Case of Electricity.” As part of their introduction, they write: And if wishes were horses, one would buy stock in a harness factory. I believe they … More If wishes were horses, then what should venture capitalists do?

Energy storage questions and answers

Michael Giberson Earth2tech offers “3 Questions for 3 Energy Storage Experts.” The three questions: Why is energy storage so essential to the new energy economy? What is the most important use or implementation of energy storage? Which energy storage innovation do you most believe in? Not exactly hard-hitting, investigative journalist-type questions, but useful in inspiring … More Energy storage questions and answers