Michael Giberson Production of natural gas from shale has dramatically changed the U.S. energy resource picture, and although experience elsewhere is limited* it is increasingly obvious that this not just a North American story. Nick Grealy, at No Hot Air, considers the implications for the UK: North American shale gas already has a significant indirect …
Michael Giberson James Hamilton, “Will rising oil prices derail the recovery?“: I have no doubt that the problems with financial markets were a bigger factor than oil prices in the striking collapse in output in 2008:Q4 and 2009:Q1. The other approaches to measuring the contribution of oil to the downturn surveyed in my Brookings paper …
Michael Giberson Jonathon Fahey, at Forbes.com, explains “How NRG Energy Wants to Revive Nuclear Industry.” In the early part of the decade proponents talked breathlessly of a nuclear renaissance in the U.S. Natural gas prices were high, electricity demand was rising, and it seemed that carbon emissions would soon be either taxed or limited. In …
How to Build a Nuclear Power Plant Without Captive Ratepayers Read More »
Michael Giberson Last year thousands of Florida consumers called the state to complain about price gouging on gasoline after Hurricane Ike. This year, hoteliers, gas stations, and other business owners are saying they are being price gouged by the Florida Department of Transportation. The issue: the fee the state charges business owners who wish to …
Is Florida Agency Price Gouging or Just Charging What the Market Will Bear? Read More »
Michael Giberson I am mildly amazed that it is possible to take something as simple as, say, palm oil or soybean oil, and – with a few relatively simple chemical tricks – turn it into motor vehicle fuel. [See it on YouTube.] However, I’m not so amazed that I’m willing to pay you or anyone …
U.S. Biodiesel Continues to Need Taxpayer Support, or Else… Read More »
Michael Giberson Tom Fowler, at NewsWatch: Energy, takes note of commentary by Tudor Pickering concerning a FERC investigation into whether three natural gas pipeline companies were over-recovering on their regulated rates. (See FERC press release here; a Reuters article.) Tudor Pickering, an energy industry advisory and investment company, notes that since 1992 FERC hasn’t required …
Apparently “Light-handed Regulation” is Actually a Form of Regulation Read More »
Michael Giberson The Fort Worth Star-Telegram has a story on shale gas production critic Art Berman: Arthur Berman runs a one-man energy consulting firm out of his home near Houston, producing research that says forecasts for natural gas production in the U.S. are flawed. He’s won the industry’s attention and its anger. Since last month, …
Michael Giberson A few weeks ago we mentioned commentary by John Harrell of the Institute for Local Self Reliance asserting that the “last thing renewable energy needs right now are new transmission lines.” The ILSR has a recent study suggesting the almost every state could be energy self sufficient relying only on in-state renewable power …
Long-Distance Transmission Complements “Local Self Reliance” Read More »
Michael Giberson Reuter’s reports remarks of Daniel Yergin made in Singapore: “Oil prices today do not reflect the world’s supply and demand fundamentals. Instead, prices are reflective of the weak dollar and expectations of a strong economic recovery,” Yergin told reporters on the sidelines of a conference. Changing value of the dollar aside, isn’t all …
Yergin: Oil Prices Not Driven by Supply and Demand… Read More »
Michael Giberson Many companies offer retail electric power contracts in the competitive retail portions of Texas, but for a long time the contracts have been kind of, you know, boring: either fixed rate or variable, if fixed then for 1 or 2 years. Renewable content offerings provided a little color, ranging up to 100 percent. …
New Meters Enabling New Rate Designs by Competitive Power Suppliers in Texas Read More »
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