June 2011

Price Gouging Op-ed Appears in the Washington Times

Michael Giberson This morning’s Washington Times carries my op-ed on price gouging. You should run out and buy a copy at your local newsstand, call the editor with loads of praise, encourage him to solicit my views more frequently, etc. Alternatively, read the op-ed at the Times website and offer comments here, there, or both …

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The Rhetoric of Regulation: Free Markets Are Regulated

Lynne Kiesling Here at KP we study and analyze and talk a lot about government regulation of economic activity. But one thing to which we have not been particularly attentive is the rhetoric of regulation — what meaning, explicit and implicit, do we attach to the word “regulation”? Into this breach comes an excellent Freeman …

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Doe Shale Gas Hearings, Day 1: Companies Want State, Not Fed Regulation; Environmentalists Suspicious of Panel Bias

Michael Giberson FuelFix has the run down on the first day of the U.S. Department of Energy’s hearings on shale gas fracking regulation. The title above offers captures much of the tone: Company execs urged regulation of fracking at the state level, rather than federal level; Environmental groups saw significant pro-energy industry bias among the advisory panel …

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Do Anti-price Gouging Laws Help the Victims of Natural Disaster?

Michael Giberson At the LegalMatch Law Blog, Sonya Ziaja editorializes in favor of laws against price gouging: Natural forces are blind to what they destroy. People aren’t. In the past month, tornadoes and flooding in the South and Midwest left behind crippled lives, destroyed homes, and eviscerated infrastructure. Now as the victims of the tornadoes …

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Another Data Point on Oil and Gas Shale Fracking Profitability

Michael Giberson Marathon Oil has agreed to pay $3.5 billion to acquire the Eagle Ford holdings of privately-owned Hilcorp Resources, about $25,000 per acre. The Eagle Ford is primarily a oil shale resource. Among other things, the purchase provides another public data point about the production promise of fracked shale resources. Much of the public …

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