Whereas in the United States there are thousands of natural gas producers, in Mexico there is only one, Petróleos Mexicanos, also known as PEMEX. And, as is the case for … Continue Reading Natural Gas Shortages in Mexico
Economists talk about something called the “social cost of carbon.” Here’s the basic idea: You may pay for the gas you put in your car, but when you burn it, … Continue Reading Tipping Points and the Social Cost of Carbon
Last week I provided my reactions to Senator Feinstein’s letter to the Federal Trade Commission (FTC) on market manipulation of gas prices after the Chevron Richmond refinery fire. Speaking of prices … Continue Reading Tesoro’s Acquisition of BP’s Carson Refinery (California Prices at the Pump: Part 2)
On August 6, a fire tore through Chevron’s Richmond refinery. The Richmond refinery is located in Northern California, a few miles outside of San Francisco, and is the third largest … Continue Reading California Prices at the Pump
The natural gas fracking debate has given rise to another interesting issue. On the one hand we like the cheap natural gas. The switch to natural gas for producing power … Continue Reading N(Fracking)IMBY
Last week Mitt Romney released a new energy plan (available here). The plan includes a proposal to reduce federal oversight of oil and gas drilling on public lands. National standards for … Continue Reading Optimal Federalism
The renewable energy industry has many cultural roots. One branch that pops up in a recent NY Times Magazine article on the Solar Industry is that of the energy rebel sticking it … Continue Reading Is Residential Solar Sticking it to the Man (your utility)?