Another court dismisses price fixing, price gouging claims against Martha’s Vineyard gasoline retailers

Michael Giberson The Martha’s Vineyard Times: A panel of judges sitting in the federal First Circuit Court of Appeals has upheld a lower court ruling that gasoline prices on Martha’s Vineyard have not been illegally inflated by a conspiracy among retailers, according to a report by “The Docket,” the news blog of Massachusetts Lawyers Weekly. … More Another court dismisses price fixing, price gouging claims against Martha’s Vineyard gasoline retailers

Another comment on United States v. Keyspan Corporation

Michael Giberson “By the Justice Department’s calculations, Keyspan’s anti-competitive actions resulted in it receiving almost $49 million. The settlement submitted by the Justice Department would let Keyspan keep $37 million from its anti-competitive actions. Netting $37 million for anti-competitive conduct is not a penalty, it is not a deterrent, it is a reward.” “Anything short … More Another comment on United States v. Keyspan Corporation

You think the kids are alright? Well look at this tiny blue pin on my shirt and think again

Michael Giberson From the press release: NEW YORK–(BUSINESS WIRE)–Mark Ruffalo and other Oscar nominees will wear a blue water droplet pin during Sunday night’s Academy Awards as a way of asking Americans to be stewards of our treasured water supply, which is currently in jeopardy due to extreme drilling and includes natural gas hydro-fracking. The … More You think the kids are alright? Well look at this tiny blue pin on my shirt and think again

John List’s $10 million crazy idea field experiment in education

Michael Giberson Bloomberg Markets Magazine has a feature on economist John List and his $10 million research project on education. Along the way we get an introduction to List’s work on field experiments in economics, a splash of lab-based economics back story, and the reaction of education specialists who think List’s project is wholly off … More John List’s $10 million crazy idea field experiment in education

The law on fracking oil and gas wells

Michael Giberson Looking for a thorough examination of the law with respect to fracking? This article, “American Law and Jurisprudence on Fracing,” appearing in the Rocky Mountain Mineral Law Foundation Journal looks pretty good. (Abstract of the article here; PDF of full article here.) From the conclusion: Given the size of the potential reserves made … More The law on fracking oil and gas wells

UPS turns to LNG, not CNG, for natural gas fueled long-haul trucks

Michael Giberson The low cost of natural gas and the high cost of petroleum products like diesel and gasoline have produced a lot of interest in natural gas as a transportation fuel. It is an idea that’s been around for a while and works fine in practice. Most of the interest and effort has gone … More UPS turns to LNG, not CNG, for natural gas fueled long-haul trucks