Michael Giberson One point made here once or twice in the past is that consumers need to pay attention if they hope to get the most from the spread of smart grid technology. Another tale that makes this point comes from Energy Circle, “Smart Meters: Are Consumers An Afterthought?“: As a resident of Toronto, I …
Michael Giberson Apparently you just have to know who to ask. Yesterday, the FTC sent me a copy of the FTC letter to Representative Brian Higgins describing the agency’s investigation of Western New York gasoline prices last fall. (For background see this earlier post and here.) Be aware that here begins a very long post …
Michael Giberson New York banned “zone pricing” of gasoline as of last November. In the news: (Henrietta, N.Y.) – Nine months after a state law banning zone pricing for gas went into effect, drivers can still find about a 20 cent per gallon disparity in price depending on where they buy it. For example, gas …
Nine Months After the Zone Pricing Ban in New York… Read More »
Michael Giberson First, the news: Washington Township, N.J., gas station ordered temporarily closed for price gouging A judge on Monday [July 13] ordered the temporary closing of a Washington Township, N.J., gas station after the owners pleaded guilty to price gouging. Express Fuel on Route 31 North, south of Washington, will reopen on Monday. The …
Punishing Gasoline Customers for Non-Existent ‘Price Gouging’ by New Jersy Station Read More »
Michael Giberson Earlier in July, the Public Utility Commission of Texas issued a proposed amendment to its CREZ regulations (the regulations governing the building of transmission to better support development of renewable energy in Texas). The main focus of the proposal is to refine and clarify the process by which the Commission ensures sufficient renewable …
Power Consumers in Ercot Should Keep an Eye on Puct Rulemaking Project 34577 Read More »
Michael Giberson Today the FERC approved public release of the results of an internal staff investigation into allegations of “loop flow”-based market manipulations in the New York ISO market (see links below): In this order, we authorize the public disclosure of the attached Office of Enforcement Staff Report (OE Report) addressing its non-public investigation of …
FERC Directs New York Power System Operator to Fix “Loop Flow” Scheduling Problem Read More »
Michael Giberson The Associated Press is reporting that a New Mexico company, Jetstream Wind (WARNING: annoying animated introduction accompanied by equally annoying dramatic soundtrack), has broken ground on what it claims will be “the world’s first utility-scale, zero-emissions hydrogen power plant.” According to the company website, their plan is to use renewable energy to produce …
World’s First Utility-Scale, Zero-Emissions Hydrogen Power Plant? Read More »
Michael Giberson Following up on the earlier post, a recent FTC document details the agency’s activities addressing the oil and gas industry during the first six months of 2009. Of the investigation into gasoline prices in Western New York, the FTC said: The Commission’s work involving oil and natural gas also includes the examination of …
More on the FTC and Western New York Gasoline Prices Read More »
Michael Giberson In October of last year, Congressman Brian Higgins sent a letter to then FTC chairman William Kovacic requesting an investigation of gasoline prices in his home area of western New York. Historically, prices in Buffalo and surrounding areas have been below the average price in the state, but beginning around the time of …
Never Did See That Ftc Report on Western New York Gasoline Prices Read More »
Michael Giberson Geoff Styles: Speculation Witch Hunt? He says he thinks “the CFTC and its supporters in Congress and the administration are barking up the wrong tree, altogether, based on a fundamental misunderstanding of the markets.” the current determination to clamp down on speculation appears to be based on two hypotheses that are … probably …
Geoff Styles on the CFTC’s Desire to Fix Up Energy Futures Markets Read More »
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