Natural Gas

Would Granting Futures Exchanges CopyRight Protection for Prices Deter Some Market Manipulation?

Michael Giberson In New York Mercantile Exchange Inc. v. IntercontinentalExchange Inc., the U.S. Court of Appeals, Second Circuit denied NYMEX copyright protection for its settlement prices. The decision turned on application of the merger doctrine in copyright law, which governs cases in which the expression of an idea is so completely linked to the idea itself …

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Ohio Cities to End Natural Gas Purchasing Initiative

Michael Giberson Via Tim Haab at Environmental Economics, a news story from The Columbus Dispatch reporting that five Columbus suburbs were ending a program in which the communities bought gas on behalf of residents that didn’t opt for another supplier. “There’s really not a need for government to be in it,” said Dana McDaniel, Dublin’s …

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Georgia Electric Consumers Want Competition to Help Protect Against Higher Prices, Just Like They Have for Natural Gas

Michael Giberson From WTVM-9: Latrese Brown, a Cusseta [Georgia] resident, gathered a group of people who believe Sumter EMC is ripping them off. “Not only mine but my entire community light bills are outrageous high, they’re more than our mortgages, more than our rent, more than our car note,” complains Brown. … The citizens of …

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Shale Gas As a Game Changer: A View from the Uk

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 …

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Apparently “Light-handed Regulation” is Actually a Form of Regulation

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 …

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