Michael Giberson One last Texas electric power post for the day, this one on the upheaval among some electric power retailers in Texas, via Platts: The shrinking field of retail marketers is not an indictment against restructured power markets but an expected result of the credit crisis and its impact on retailers, Jim Burke, CEO …
The Retail Electric Power Market Shakeout in Texas Read More »
Michael Giberson Are your electric power rates falling? Are they below what they were two years ago? They might be if you live in parts of West Texas. The Abilene Reporter-News reports: Electric rates available to West Texans are less expensive, on average, than they were two years ago. In addition, residential rates offered in …
The people want the ponies they were promised, not the more efficient allocation of ponies that should have been offered.
Excess LNG export capacity worldwide may find it attractive to ship to U.S., which has excess natural gas storage capacity. As a result, the U.S. may remain well supplied with gas for many years.
While it may be good for the SEC to revise its petroleum reserves reporting rules for other reasons, it won’t provide much in the way of help to investors. By the time the official version of reserves estimates is issued it is old news. Research by Richard Miller confirms this conclusion.
Lynne Kiesling I am co-organizing an event called GridEcon in Chicago, 16-17 March 2009. GridEcon is in the suite of events that the GridWise Architecture Council co-sponsors, including GridWeek, Connectivity Week, and Grid-Interop. GridEcon has come about because we think that the policy and business discussions have moved beyond the technical interoperability issues that have …
Michael Giberson So low, and yet so high. It seems to be the way consumers feel about gasoline prices these days. Yes, prices are down compared to a year ago, but everyone knows that crude oil prices have been going down lately while gasoline prices are up from their December 2008 lows. From The Mercury …
Why Are Gasoline Prices So High? (February 2009 Version). Read More »
Michael Giberson If you thought power prices in ERCOT’s West region were interesting in 2008, keep an eye on the prices in 2009. (For background see my earlier post on negative prices in ERCOT West for 2008. Note on updated data here.) Late 2008 saw a few developments of note for the region: Almost 2000 …
Negative Power Prices in Ercot West – 2009 So Far Read More »
Michael Giberson Reporting from the National Biodiesel Conference this week in San Fransisco, Michael Kanellos writes: You can grow algae with carbon dioxide and sunlight, but that doesn’t mean it’s free. Although many believe that algae will become one of the chief feedstocks for diesel and even hydrocarbon-like fuels, growing large amounts of algae and …
Current Status of Bio-diesel from Algae: “Your Fishtank is Not a Goldmine.” Read More »
The oil market has gone into contango. What this means for investors and oil prices.
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