Many people thought U.S. gasoline consumption had already peaked. They were wrong. August was the biggest month ever for U.S. gasoline consumption. Americans used a staggering 9.7 million barrels per … Continue Reading Addicted to Oil: U.S. Gasoline Consumption is Higher than Ever
(Today’s post is co-authored with Paul Gertler. Wolfram and Gertler direct the Applied Research Program on Energy and Economic Growth (EEG) in partnership with Oxford Policy Management. The program is … Continue Reading Is the Regulatory Compact Broken in Sub-Saharan Africa?
Every summer vacation, we pack our tree-hugging family into the car and head for the Sierra Nevada mountains. In many respects, our trip this summer was just like any other … Continue Reading If a Tree Falls in the Forest…Should We Use It to Generate Electricity?
The chest thumping in economics about how big and cool our datasets are is becoming somewhat unbearable. Bigger is not always better. In fact, one of the many reasons why … Continue Reading Spying on You from Space
Utility costs are like taxes. Everyone knows they have to be paid, but most people have a reason that their own share should be smaller. And, just as with taxes, … Continue Reading Who’s Stranded Now?
I am clearly not a historian, but has there ever been a more dynamic, physically fit and forward-looking trio in charge of North America’s future? It’s not gender balanced, but … Continue Reading Mitigation Bingo
“No company in a real market would ever price that way.” If you’ve discussed electricity pricing much, you’ve surely heard this said by a person opposed to one retail tariff … Continue Reading Is Electricity Pricing Different from “Real Markets”? Should It Be?