Despite recent hyperbole, U.S. heating fuel prices are not high by historical standards. I wasn’t reading a lot of energy news during the 1973-74 oil crisis, but I can’t remember … Continue Reading Are U.S. Heating Fuels Becoming Unaffordable?
Not if you can remember the world before COVID. In 1960, gasoline cost $0.31 per gallon. Isn’t it outrageous that it costs more than $0.31 today? If you think that’s … Continue Reading Is Gasoline Becoming Unaffordable?
Don’t forget about the 11 million U.S. households that heat with these fuels. U.S. households are bracing for high winter heating bills. While it isn’t as bad as what’s going … Continue Reading The Geography of Heating Oil and Propane
It’s time to reform how we lease public lands for fossil fuel extraction. When I drove across the country in my late teens, the wind of the prairies blowing through … Continue Reading This Land Is Your Land….
These are unusual times in oil and gasoline markets, but not really mysterious. Everyone has a role to play in the pandemic. My primary role – as my younger friends … Continue Reading Petro Questions and (Some) Answers
There could be long run consequences for public transit ridership after this crisis is over. Currently, there are a large number of economists telling epidemiologists how to do their job … Continue Reading Will We Still Be Riding on the Same Bus Post Corona?
Two energy economists discuss supply, collusion, jobs, and the impact on gasoline prices. This week’s blog post is a podcast. Last Wednesday, I sat down (from a safe 2000 mile … Continue Reading The Policy and Politics of the COVID-19 Oil Market Crash