Mark Perry: Gasoline Taxes vs. Exxon Profit, per Gallon

Michael Giberson With Exxon Mobil reporting $10.65 billion profits for the quarter, expect (1) news reports on the billions of dollars in profits the company is raking in even as consumers are faced with $4/gallon gasoline, followed by (2) outraged political commentary about how Exxon is profiting from consumer misery. Mark Perry, blogging at Carpe … More Mark Perry: Gasoline Taxes vs. Exxon Profit, per Gallon

A Wal-Mart long-haul truck has more intelligence in it than a typical water system

Michael Giberson At the Freakonomics blog, guest Charles Fishman explains “Why water will never be the next oil.” A sample: If you leave aside the somewhat silly world of bottled water, there has been almost no innovation in the industry of water for decades. A water facility today uses the exact same technology it did in 1973. In what … More A Wal-Mart long-haul truck has more intelligence in it than a typical water system

New Jersey is not exactly the sunshine state, but solar panels spring up with help of state government

Michael Giberson Casually scanning a solar resource map wouldn’t naturally lead you to think that New Jersey would be a good candidate for solar power, but state government policies have resulted in it leaping into second place in PV installations (after California) in 2010. More PV was installed in New Jersey last year than in … More New Jersey is not exactly the sunshine state, but solar panels spring up with help of state government

Independent monitor finds no market abuse during ERCOT rolling blackouts on February 2

Michael Giberson The ERCOT independent market monitor (IMM) has released its report on the February 2, 2011 rolling blackouts. Excerpts from the report introduction are below, but let’s get to the meat of the matter. The IMM was asked (1) whether there was any evidence that market participants tried to manipulate the market for financial … More Independent monitor finds no market abuse during ERCOT rolling blackouts on February 2

EIA releases Annual Energy Outlook 2011

Lynne Kiesling Today the Energy Information Administration released the 2011 Annual Energy Outlook (link is to executive summary). This year’s outlook explores scenarios that include updated forecasts of shale gas production, which have changed considerably since last year’s outlook, as KP readers know due to Mike’s excellent analyses. Another aspect of the analysis that will … More EIA releases Annual Energy Outlook 2011

Montana-Alberta transmission line developer wants eminent domain power to overcome landowner’s resistance

Michael Giberson The Montana-Alberta Tie Line, a transmission project linking Alberta and Western U.S. power markets, has stalled over the resistance of one landowner, who has claimed the proposed line would cross wetlands and native American heritage sites on her land. MATL tried exercising eminent domain last July to take the easement it wants, but … More Montana-Alberta transmission line developer wants eminent domain power to overcome landowner’s resistance