Energy
National Grid, the company that most Rhode Islanders send their electric bills to, says it is not responsible for rising electric rates. Here’s a spokesman from National Grid quoted by Jim Baron in the
Here’s the seemingly semantic point about deregulation and electricity prices: how is a system where the lowest cost producer is forced by law to set prices at the level of the high cost producer considered “deregulated”. This is more than semantics. Because the current system is considered “deregulated”, a key Rhode Island official is arguing…
Everyone can read about the good and the bad of drilling in the Arctic National Wildlife Refuge. Without further comment, and to add some “perspective,” here is an image of the area in dispute.
I wrote the words in this posting in response to Steve Laffey’s criticisms last week of the oil industry. It was originally part of an extended entry, which did not give the policy issues sufficient visibility. As a result, I am re-posting the portion on energy issues below, with some minor modifications, and deleting them…
Irwin Stelzer has written a sobering article in the February 7, 2005 issue of the Weekly Standard on what he calls the “geopoliticization of the world’s oil and gas industry.” His key point is: …it can’t be said that the free play of supply and demand ever set prices in the oil market. But we…