Michael Giberson BBC News reports: Wholesale gas prices for immediate delivery turned negative on Tuesday as supplies surged in from the new Langeled pipeline from Norway. Britain’s gas storage capacity is 96% full so firms need to offload supplies. … After trading at an average of 26p a therm through September, the spot price for …
Michael Giberson Just released, the the U.S.-Canada Power System Outage Task Force’s Final Report on the Implementation of the Task Force Recommendations. (PDF) At the present, I don’t find this announced on the U.S. Department of Energy website, but here is the Natural Resources Canada press release. Haven’t looked at the report yet, but I’m …
U.S.-canada Power System Outage Task Force’s Final Report Read More »
Michael Giberson Cindy Skrzycki writes: It took a book called The Jungle, a grim assessment of work inside slaughterhouses, plus a campaign by labor unions, medical professionals and consumer groups, to pressure Congress to pass the Pure Food and Drug Act and the Meat Inspection Act on the same day in 1906. The food industry …
Michael Giberson In Scotland, wind turbines installed at five schools by a school district “at a cost of £50,000 produced savings of less than £50 in their first year.” The project has been described as “riddled with technical problems” and the turbine makers promises to provide upgraded turbines to the district next year. A little …
Michael Giberson From the New York Times: Suzlon has expanded rapidly as global demand for wind energy has taken off. Its sales and earnings tripled in the quarter ended June 30, as the company earned the equivalent of $41.6 million on sales of $202.4 million. The demand for wind turbines has particularly accelerated in India, …
Michael Giberson At The Sports Economist, David Berri uses the occasion of a brief Business Week piece, “Freakonomics vs. Moneyball” to draw further attention to an article by Jahn K. Hakes and (Sports Economist blog-founder) Skip Sauer that appeared in this summer’s edition of the Journal of Economic Perspectives. In the article, Hakes and Sauer …
The Sports Economist on Freakonomics Vs. Moneyball Read More »
Michael Giberson In a follow-up to my World Cup posting comparing hype and data on the new Adidas Teamgeist soccer ball design, I’ve taken another look at the Major League Soccer data. You may recall that the new ball was supposed to be a striker’s dream and a goalkeeper’s nightmare. In fact, the Washington Post …
Michael Giberson Like David Warsh, I have been reading Donald McKenzie’s book, An Engine, Not a Camera: How Financial Models Shape Markets. Warsh locates it in comparison to William Poundstone’s book Fortune’s Formula and Perry Mehrling’s biography of Fischer Black, but in many respects it reminds me of nothing so much as Warsh’s own Knowledge …
Michael Giberson Predictably, in the wake of the Amaranth blow up that became public last week, a few politicians and editorialists are calling for increasing regulation of investment pools. The New York Times, despite laying out a few of the salient facts in the editorial itself and having access to other pertinent information in the …
Why Anxiety? The NYT Editorializes for Hedge Fund Regulation Read More »
Michael Giberson The e-mails show that, in the bureaucracy that serves Fairfax’s 1.1 million residents, a change in policy can have unintended results. Fairfax County, in an effort to weed out unneeded cars from the county’s fleet, targeted cars recording fewer than 4,500 miles per year of use. As the story relates, county employees were …
Least Surprising Sentence in Today’s Washington Post Read More »
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