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deregulation

Jun 25
Love88

Michaels Energy – The Early Years Through Deregulation

By Energy Rant No Comments
1984 This year is our company's 40th anniversary. Michaels Engineering launched on Friday, March 23, 1984. What else was going on in 1984? Apple launched the Macintosh, the first computer on sale with a mouse and a graphical user interface; sale price: $2500, which has the purchasing power of $7,700 today. I'm surprised Steve Jobs allowed that ugly disk drive slot in the front of the machine. C'mon, Steve. Jobs produced the greatest television ad of all time to promote Macintosh in a one-minute Super Bowl ad. "You'll see why 1984 won't be like 1984." Soviet bloc nations boycotted the…
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Feb 24
Love0

Years of Dominos Fall in Texas

By Energy Rant No Comments
Last week when the Rant “went to press,” which is to say, when I wrote it Saturday, the arctic blast was merely a cold shot of weather like I have experienced dozens of times. I didn’t start seeing the chaos in the south until Monday. It was an avoidable tragedy caused by many things over many years. Some places lost water supply and wastewater treatment. A colleague sent me the first picture below from a friend in the Dallas area. Here in the Midwest, we might think that’s an innovative way to keep beer cold at a house party. In…
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Jul 15
Love0
Before and after wind and deregulation

Wind’s Dramatic Impact on Pricing – In Two Directions – Why?

By Energy Rant One Comment
This is the second in a two-post series on electricity prices as impacted by deregulation and renewable energy penetration. Last week we explored deregulation in Regulation v Deregulation in True Color. This week, we examine the effects of increasing shares of renewable energy (like wind) being added to the grid. Again, the source for all this information is the U.S. Energy Information Administration, so you can fact check away! To recap, we are examining four regional markets as follows: Regulated Midwest states of South Dakota, Minnesota, and Iowa Deregulated Midwest states of Illinois, Ohio, and Pennsylvania Deregulated Texas Deregulated and…
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Jul 08
Love0

Regulation v Deregulation in True Color

By Energy Rant 3 Comments
Recent projects have led me to examine how deregulated electricity markets work. Since I am naturally curious, I wanted to investigate differences between electricity price performance of deregulated states versus those of regulated states. This week we examine the impacts of regulation/deregulation on pricing, and next week, we will look at the impacts that renewable energy has on pricing. Data used come from the Energy Information Administration. Figures lie, liars figure, but Jeff merely presents all data available for you to decide, pound your chest, or cry. That is your prerogative. Often data which do not support a narrative is…
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Aug 08
Love0
deregulation

Betting with Deregulation – A Risky Proposition

By Energy Rant No Comments
Energy is a commodity, and like all commodities, it is wise to hedge risk; not go the other way and place bets. Unless you are a certain presidential candidate with privileged information on cattle futures, I would stay away from betting, er investing in, commodities in general, and energy specifically. To digress for a moment, recall when gasoline cost $4 per gallon, there were all kinds of calls to investigate price gouging and rigging the market. Bill O’Reilly would ignorantly rant about the “speculators”. I said then, in 2008 just before this blog was born, that was poppycock. Senators Chucky…
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We talk a lot about energy – from the serious to the satirical.

All things energy. That’s our jam.

We talk a lot about energy – from the serious to the satirical.

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