Michael Giberson I’m quoted in a brief Marketplace radio news story on the new Pickens plan, in which Boone Pickens has dropped the wind power push and now just promotes public policies to induce switching vehicles to natural gas. Of course Pickens dropped wind power from his private investment plans about a year ago, when … More Pickens drops wind power from the Pickens Plan
Michael Giberson From the Financial Times beyondbric blog, some somewhat puzzling news from China about how the government’s decision to raise gasoline prices was leading to long lines at gasoline stations. In Beijing on Tuesday, long lines began to form around gas stations across the city. It was one of the first tangible signs of the … More Chinese government having trouble getting fuel prices right
Michael Giberson A couple of interesting readings: The New York Times reports, “Gas Prices Soar in Iran as Subsidy Reduced.” (Also: Washington Post, Wall Street Journal.) Cape Wind Project still has half of its capacity up for sale. (Local utility claims it can find cheaper renewable power elsewhere.) The Economist, “Why do firms exist?” on … More Iran cuts fuel subsidies and other energy and economics links
Michael Giberson TAKORADI, Ghana — The impoverished West African nation of Ghana become the world’s newest oil producer Wednesday, pumping crude for the first time from an offshore field worth billions of dollars in the Gulf of Guinea. President John Atta Mills turned the oil valves Wednesday during in an inaugural ceremony broadcast live from a storage vessel … More Oil flows in Ghana, is the resource curse soon to follow?
Michael Giberson One consequence of a 14-week project to replace several locks on dams on the Columbia and Snake rivers is that gasoline transportation costs will rise in the area. Some gasoline that would have traveled up the river will have to move by train and truck instead, a more expensive process and one much … More Did they really say that? Gasoline market stress coming to eastern Washington, so officials offer advice
Michael Giberson American University’s Investigative Journalism Workshop has published reports detailing the extensive political connections in the United States developed by Chinese wind power company A-Power Energy in its effort to build a 600-MW wind farm in West Texas. A-Power and their partners were seeking $450 million in section 1603 grants and U.S. Department of … More Chinese wind power company seems to understand American political capitalism
Michael Giberson Last week the Texas PUC approved routes for the northwesternmost link in the CREZ transmission expansion, choosing one of the longest of several possible transmission routes in order to avoid crossing parts of Palo Duro canyon. The canyon is the nation’s second longest and includes a state park. None of the routes would … More Texas transmission route to avoid crossing scenic canyon