Should Advocates of Electric Industry Restructuring Have Not Promised Lower Rates?
The people want the ponies they were promised, not the more efficient allocation of ponies that should have been offered.
Lng and the Future of Natural Gas Prices in the U.S.
Excess LNG export capacity worldwide may find it attractive to ship to U.S., which has excess natural gas storage capacity. As a result, the U.S. may remain well supplied with gas for many years.
Does Anyone Care About Oil and Gas Reserves Reports Included in Year-end Financial Statements?
While it may be good for the SEC to revise its petroleum reserves reporting rules for other reasons, it won’t provide much in the way of help to investors. By the time the official version of reserves estimates is issued it is old news. Research by Richard Miller confirms this conclusion.
Coffee Shop Builds Business with Twitter
Michael Giberson Unlike Lynne, I don’t Twitter. (No Facebook or Myspace, either. I don’t text from my phone – well, only to reply when my kids text me first; I used to IM, but I don’t anymore.) I do have a LinkedIn profile, but other than blogging here and responding to the occasional email, that …
Why Are Gasoline Prices So High? (February 2009 Version).
Michael Giberson So low, and yet so high. It seems to be the way consumers feel about gasoline prices these days. Yes, prices are down compared to a year ago, but everyone knows that crude oil prices have been going down lately while gasoline prices are up from their December 2008 lows. From The Mercury …
Why Are Gasoline Prices So High? (February 2009 Version). Read More »
Chris Masse: The Truth About Prediction Markets
The truth about predictions markets
Luminant to Idle 15 Natural Gas Fired Generators in Texas
Michael Giberson Just reinforcing the view that power prices in Texas will be much lower in the upcoming year, and perhaps beyond, last week Luminant filed notice with ERCOT of the company’s intention to mothball 4 and retire 11 natural gas generators in the Texas power system. Luminant spokesman Allan Koenig said many of the …
Luminant to Idle 15 Natural Gas Fired Generators in Texas Read More »
Negative Power Prices in Ercot West – 2009 So Far
Michael Giberson If you thought power prices in ERCOT’s West region were interesting in 2008, keep an eye on the prices in 2009. (For background see my earlier post on negative prices in ERCOT West for 2008. Note on updated data here.) Late 2008 saw a few developments of note for the region: Almost 2000 …
Negative Power Prices in Ercot West – 2009 So Far Read More »
The Wind Power ‘chicken and Egg’ Problem in the Eastern Interconnection
Michael Giberson Utility-scale renewable power is sometimes said to suffer from a “chicken and egg” problem when the high quality renewable resources are far from existing customer load or suitable long-distance transmission lines. The asserted problem is that no one would develop the renewable resource unless they have a means to move the power to …
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Lower Prices for Electric Power
Lower fuel prices may be driving electric power prices down, but are prices falling faster in restructured or traditionally regulated states?