Author name: Michael Giberson

Net Metering in Indiana Sees Exciting 50 Percent Growth

2 Comments / Electricity, Environmental policy, Regulation / By

Michael Giberson From the Indianapolis Star, “More Hoosiers reap benefits of generating their own electricity“: [M]ore and more people around Indiana are starting to generate their own electricity, motivated by environmental concerns and feelings of energy independence. The arrangement is known as “net metering,” allowing customers to offset part of their energy costs and feed …

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Natural Gas “Expectations Were Rewritten in the Last Decade”

1 Comment / Energy markets / By

Michael Giberson A brief mention, for those of you keeping track of Giberson media appearances at home, of a brief appearance in a brief story on natural gas supply issues on last Friday’s Marketplace radio news program. As the story says, natural gas industry expectations were rewritten in the last decade. (But of course you …

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Epa Backs off “Imminent and Substantial Endangerment” Claim in Texas Hydraulic Fracturing Case

Environmental policy, Regulation / By

Michael Giberson On December 7, 2010, the Environmental Protection Agency dropped a bomb on Range Resources Corporation. From the EPA news release: (DALLAS – December 7, 2010) Today, the U.S. Environmental Protection Agency (EPA) has ordered a natural gas company in Forth Worth, Texas, to take immediate action to protect homeowners living near one of its …

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Refiners Are Getting Squeezed by High Crude Oil Prices and Faltering U.s. Demand, So Let’s Increase Their Costs!

2 Comments / Energy markets, Regulation / By

Michael Giberson The Houston Chronicle reports on the difficult financial position of many U.S. refineries. Crude oil prices are up for refineries relying on international markets, but U.S. consumers are moderating their gasoline consumption at higher prices and so refiners find their margins to be getting squeezed. A good article, but right at the end …

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Hamilton on the Main Reason Oil Prices Are High

Energy markets / By

Michael Giberson Saudi oil minister Ali al-Naimi said  there was “no rational reason” for current high oil prices, since there were enough supplies and all consumers were getting oil. James Hamilton rises to object, “if oil prices were lower, the world would want to consume more than is currently being produced.” Hamilton examines what the quantity …

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Hamilton: Why Do Gasoline Prices Differ Across U.s. States?

1 Comment / Energy markets / By

Michael Giberson James Hamilton, at Econbrowser, examines the question,”Why do gasoline prices differ across U.S. states?” The short answer is: state gasoline taxes (clearly), regional fuel requirements (probably), and access to relatively inexpensive crude oil supplies. Any remaining price differences are probably just general state differences in the cost of doing business. But go read …

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Left, Right, and Climate Change

8 Comments / Economics, Energy markets, Environmental policy, Liberty, Politics / By

Michael Giberson In principle, there is nothing in the science of climate change that imposes a partisan political commitment. It isn’t as if, for example, you have to believe in steeply progressive tax rates in order to understand climate science. Yet there seems to be a partisan divide on the science. Three recent posts at …

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Tedious Peak Oil Claims from the Eu Energy Policy Blog

10 Comments / Energy markets / By

Michael Giberson Not all peak oil analysis comes across as sloppy, misleading, and a bit tedious, but this one does: “Peak Oil Driving The Global Gas Shift.” Of course sloppy analysis abounds on the internet, and the best approach is usually to ignore it, but this example appears on the somewhat respectable site of the …

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Are Refiners and Wholesalers Price Gouging on Petroleum Products in Alaska?

3 Comments / Energy markets, Politics, Regulation / By

Michael Giberson As the chart below shows, during the summer of 2008 gasoline prices in Anchorage, Alaska switched from following typical prices in the lower 48 to a modest but notable amount above such typical prices. Not shown, but you can check it out at Gasbuddy.com where I generated the chart, after the summer of …

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