Category Archives: Energy markets

Cold Truth: The Texas Freeze is a Catastrophe of the Free Market

Yves here. The collateral damage of the Texas power grid power failures is getting worse and worse. Extensive burst pipes now mean that 14 million (no typo) are without potable water. From the Wall Street Journal: More than 14 million people in Texas are without safe drinking water, as the fallout of a severe winter […]

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When Can Pipelines Take Private Land? Jordan Cove LNG Project a Test for Eminent Domain

In the U.S., companies can use eminent domain to take private land for a project that has some public benefit, such as a school, a highway, or a hospital. Under the Natural Gas Act, FERC gets to make that determination when it concerns a natural gas pipeline, and the commission weighs pros and cons of the project when deciding.

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