Michael Giberson An article by Sarah Kent in the WSJ, “Gulf in oil prices may set up market for a fall,” takes notice of wide gap that has emerged between the current price of oil on the world market and the futures price of oil a few years into the future. A variety of explanations …
Current Oil Prices: Scarcity Rents, Political Unrest, Inflation Hedging, or Speculation Read More »
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 …
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 …
Are Refiners and Wholesalers Price Gouging on Petroleum Products in Alaska? Read More »
Michael Giberson Like the editorial board of the Wall Street Journal, I’d like to see the Production Tax Credit for wind and other renewable energy technologies expire at the end of this year as scheduled. So policy-wise, I’m with them. Still, their editorial against the wind power policy yesterday was awful and it deserves public …
The Wsj’s Awful Editorial Against the Wind Power Industry Read More »
Michael Giberson Gasoline prices are relatively high and we’re well into the 2012 political campaign, so that means we have presidential wannabees and a wannabee-reelected promising to pass out candy to voters faster than a newly split piñata. In North Carolina yesterday President Obama announced a $1 billion initiative for a “National Community Deployment Challenge …
Well, in That Case I Favor Higher Automobile Fuel Economy Standards Read More »
Michael Giberson In other transportation alternatives news, Bright Automotive is folding after spending $15 over four years in an effort to secure a $450 million low-interest loan from the U.S. Department of Energy through the Advanced Technology Vehicles Manufacturing Loan Program. The Advanced Technology Vehicles Manufacturing Loan Program was created in the Energy Independence and Security Act of …
Bright Automotive Can’t Get Federal Loan After Four Year Wait, Folds Read More »
AND: In other alternative transport news, Bright Automotive has folded. The company, launched at the Rocky Mountain Institute in January 2008 – within a month of the passage of the Energy Independence and Security Act of 2007
Michael Giberson In the inbox this afternoon, an emailed letter from my Congressman, Randy Neugebauer, who queries me (and I guess thousands of my neighbors as well) in this manner: Notice the congressman’s question, “do you believe we should be maximizing the development of our domestic oil and gas resources?” and the button labeled “Submit …
Michael Giberson A few weeks back Congressman Ed Markey asked the U.S. Department of Energy whether exports of natural gas might not be in the public interest (see prior note here, related note) as exports would tend to push U.S. gas prices higher. The USDOE’s response apparently didn’t mitigate Markey’s concern; today the Congressman introduced …
Congressman Markey Still Worries About U.S. Natural Gas Exports Read More »
Michael Giberson Speed blogging a few stories: “The ’100 mpg prize’: An idea whose time has passed?” by Ken Paulman Earlier this week, California GOP Rep. Dan Lungren introduced a bill that would offer a $1 billion prize to the first automaker than can put 60,000 cars achieving 100 mpg on the road. Only requirement …
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