Research that Informs Business and Public Policy
The American Economic Association held their annual meeting this weekend in San Diego. There were many excellent presentations on energy, but one of my favorites was by Paul Joskow on … Continue Reading In Praise of Deregulation
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
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
Ever since I can remember, a rough but useful rule of thumb to describe the sources of U.S. electricity generation is that 50% comes from coal-fired plants, 20% comes from … Continue Reading A Sea Change in U.S. Generation
Hydraulic fracturing and other recent technological advances have dramatically increased the availability of natural gas, providing large benefits to the U.S. economy. At the same time, however, these new forms of … Continue Reading Bonding Requirements for Natural Gas Producers
Amidst all the political noise on speculation in oil futures markets, some serious researchers have written useful blogposts and op-eds pointing out the lack of evidence that speculation is a … Continue Reading Speculation is not the cause of high oil prices
