Oil speculator witch hunt, 2011 edition

Lynne Kiesling Following up on Mike’s post yesterday about pandering politicians and their 2011 edition of the recurring petroleum price witch hunt … Others have weighed in on the idiocy of this “Oil and Gas Price Fraud Working Group”. Let’s start with KP’s go-to energy finance economist, Craig Pirrong: … it’s an opportunistic effort to … More Oil speculator witch hunt, 2011 edition

“What we call ‘smart metering’ today will business as usual tomorrow.”

Michael Giberson The title is a quote from a Q&A conducted by the Financial Times Energy Source blog with a couple of top executives from smart meter maker Landis+Gyr. Part 1. Part 2. Questions were culled from suggestions from readers. First up in Part 1 are two questions from Tyler Slocum of Public Citizen: Does … More “What we call ‘smart metering’ today will business as usual tomorrow.”

Why do credit rating agencies still have any credibility?

Lynne Kiesling On Wednesday morning Planet Money’s Jacob Goldstein was on NPR’s Morning Edition discussing the role of credit rating agencies in the economy, in the wake of the signal earlier this week from Standard & Poor’s regarding their assessment of the quality of U.S. Treasury debt. The statement itself had only a fleeting negative … More Why do credit rating agencies still have any credibility?