Energy markets

Eia Releases Annual Energy Outlook 2011

Lynne Kiesling Today the Energy Information Administration released the 2011 Annual Energy Outlook (link is to executive summary). This year’s outlook explores scenarios that include updated forecasts of shale gas production, which have changed considerably since last year’s outlook, as KP readers know due to Mike’s excellent analyses. Another aspect of the analysis that will …

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Homeowners Recoup Their Investment in PV Systems in California

Michael Giberson A study by Ben Hoen, Ryan Wiser and Peter Cappers of Lawrence Berkeley National Laboratory and Mark Thayer at San Diego State University finds that, on average, the sales price of homes with PV systems is boosted enough to cover the homeowner’s own investment in the solar power system. One might, as the Berkeley Labs’ …

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Entergy Says It Will Join the Midwest Iso

Michael Giberson Entergy press release: New Orleans, La. – Entergy Corporation (NYSE: ETR) announced today that, based on comprehensive review and analysis, it has concluded that joining the Midwest Independent System Operator (MISO) will provide meaningful long-term benefits for the customers of the Entergy operating companies. The Entergy operating companies will provide detailed analysis supporting …

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U.S. Attorney General: “It is Evident That There Are Regional Differences in Gasoline Prices”

Michael Giberson From the memo of U.S. Attorney General Eric Holder to the interagency Financial Fraud Enforcement Task Force: Based upon our work and research to date, it is evident that there are regional differences in gasoline prices, as well as differences in the statutory and other legal tools at the government ‘ s disposal. I don’t …

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Oil Speculator Witch Hunt, 2011 Edition

Lynne Kiesling Following up on Mike’s post yesterday about pandering politicians and their 2011 edition of the recurring petroleum price witch hunt … Others have weighed in on the idiocy of this “Oil and Gas Price Fraud Working Group”. Let’s start with KP’s go-to energy finance economist, Craig Pirrong: … it’s an opportunistic effort to …

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“What We Call ‘smart Metering’ Today Will Business As Usual Tomorrow.”

Michael Giberson The title is a quote from a Q&A conducted by the Financial Times Energy Source blog with a couple of top executives from smart meter maker Landis+Gyr. Part 1. Part 2. Questions were culled from suggestions from readers. First up in Part 1 are two questions from Tyler Slocum of Public Citizen: Does …

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Pandering, Politicians, and Oil Prices

Michael Giberson The Free Dictionary defines pandering as, among other things, “To cater to the lower tastes and desires of others or exploit their weaknesses.” Here is a new example of the common political variant of pandering: The newly organized federal Oil and Gas Price Fraud Working Group. Consumers don’t like high gasoline prices and …

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Fracking Regulation Just Became a Little Bit More Difficult

Michael Giberson Tuesday night a Cheasapeake Energy fracking operation in Pennsylvania suffered a breakdown resulting in the spill of thousands of gallons of fracking fluids at the drilling site and into a local stream. The news reports so far are kind of sketchy on the scope of the potential damages. They report “thousands of gallons” …

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BPA Continues Not to Have a New Plan for Handling Excess Renewable Power Production

Michael Giberson From The Oregonian, “BPA, wind developers argue over looming problem of too much power from renewables.” In sum: “The BPA has backed away from formally implementing the wind-curtailment plan, a move that renewables advocates applauded. But it hasn’t come up with an alternative. ” The looming problem involves moments on the Bonneville Power …

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Natural Gas Fracking News Update

Michael Giberson Fracking for natural gas continues to make headlines. For example, USA Today: “‘Fracking’ for natural gas also splits towns and families” and from Bloomberg, “Oil, gas companies injected toxic chemicals into ground, U.S. report shows.” These stories extend the understanding of shale gas development a little, but mostly cover familiar ground. Another angle, …

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