Author name: Michael Giberson

Is It Gouging for Politicians to Charge $1000 for a Meal?

Michael Giberson The Associated Press carried the following news item on efforts to prohibit gasoline price gouging: Northwest Senators Aim To Prohibit Gasoline Price GougingPOSTED: 1:30 pm PDTSeptember 21, 2005 WASHINGTON — Two Northwest senators, Republican Gordon Smith of Oregon and Democrat Maria Cantwell of Washington, have introduced legislation to prohibit gasoline price gouging during …

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Is There a Silver Lining in This Non-Sequitir?

Michael Giberson The Washington Post reports growing consumer interest in automobile fuel economy as gasoline prices increase. Not exactly an earth-shattering development, is it, when consumers respond to price changes? Almost as reliable as consumer responses to price changes is the “I told you so” chorus from alternative-energy advocates. [S]upporters of hybrids, electric vehicles, hydrogen …

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Tax Collectors Feel Pain at the Pump

Michael Giberson For months we have been treated to media reports telling us gasoline consumption was undeterred by higher prices. Apparently, not any more. Prices have become high enough to reduce consumption, and because a reduction in gasoline consumption leads to a reduction in gasoline tax collections. State government officials are taking notice, according to …

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More On Power Markets And Reliability

Michael Giberson A reader points out a newspaper article that amplifies the point I was making yesterday concerning electric power markets and reliability. Peter Key writes in the Philadelphia Business Journal: Improved coordination among power-grid operators and the spread of locational pricing of electricity are two reasons why [the grid has operated smoothly during this …

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Flowers And Fences

Michael Giberson I was also among the energy market conventioneers, enjoying the day and a half of discussions among proponents of competition in energy markets. While the convention was filled with folks who support development of energy markets, there was a substantial diversity of views and a lot of healthy discussion. In the next several …

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