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
Economists can’t predict the future, but economics can help improve policy today. Oil markets aren’t the first thing that hardly anyone thinks about when reading updates on the novel coronavirus. … Continue Reading Oil Market Impacts of COVID-19
Recent sales of U.S. nuclear plants raise questions about safety, liability, and economic incentives. (Today’s post is co-authored with Catherine Hausman, an assistant professor at the University of Michigan.) Last … Continue Reading Nuclear Moral Hazard
To meet ambitious climate goals EVs need to be more than niche product for rich people. It has been over a decade since Tesla introduced the original Roadster. At $100,000+ … Continue Reading An Electric Vehicle in Every Driveway?
New evidence shows millennials are not so different after all. Starting around 2012 there was a lot of discussion about millennials being different. “Why Don’t Young Americans Buy Cars?” asked … Continue Reading Millennials Grab the Wheel and Step on the Gas