Defining Price Gouging

As I warned yesterday, we may be on the verge of runaway gas prices in some areas. Today I spotted this story at CNN: Complaints of rising gas prices as Ike hits Some excerpts: WASHINGTON […]

Tyson Slocum Testimony

Consumer advocate Tyson Slocum recently testified before the U.S. House of Representatives Committee on Transportation and Infrastructure about the record high gas prices. I am going to resist the urge to do a deep debunking, […]

The Week in Energy – September 7, 2007

Note: This will be my last time to post in this format (a block of stories in one post). Others have commented, and I agree, that this is a bit unwieldly. Besides that, I have […]

Hot Gas is a Bunch of Hot Air

The Owner Operator Independent Drivers Association (OIDA) has launched a new website to “educate” people on the issue of hot gas. And by educate, I mean misinform and obfuscate. I can’t help but wonder about […]

Energy Policy Insanity

Just enough quiet time this morning (still suffering jet lag and waking up at 4 a.m.) to knock out an essay. I told my daughter last night that I plan to keep writing, but I […]

Gasoline Prices Part II: Long-Term Factors

Introduction In Part I, I discussed the short term factors that have resulted in the recent, rapid increase in the price of gasoline. But there are a number of underlying, long-term issues that have been […]

Gasoline Prices – Part I: Immediate Causes

Note: This essay was published at Financial Sense on May 31, 2007. Introduction As of this writing in late May 2007, gasoline prices have increased by over $0.70 per gallon since March. This is great […]

Record Prices = Record Profits?

So, I am running through some of my daily news searches – things like “gas prices”, “gas gouging”, “alternative energy”, etc. I ran across this gem: Gas price gouging becomes even more obvious It is […]

Price Gouging Bill

Extracted from yesterday’s OPIS report: Congressional Democrats have said that they want to get an anti-price-gouging bill to the White House by Memorial Day and there is no indication of any presidential veto in the […]

Gouging is an Idiotic Explanation

Not my words, but I have expressed similar sentiments. Paul Sankey, an analyst with Deutsche Bank, testified on May 15th before the Senate Committee on Energy and Natural Resources. I would guess some jaws dropped […]