MasterResource is a forum about energy markets and public policy. Precisely because energy is the lifeblood of the modern economy – the “master resource” that affects the production and use of all other resources – energy markets are often thought of as “different” and thus deserving of special political direction. We believe that the economic rules governing energy are no different from those governing other markets and are thus skeptical about government intervention. Drawing on this perspective, MasterResource hopes to better inform the energy debate in a civil but forceful manner, without recourse to political partisanship or ideological cant.
More than two hundred authors have contributed to MasterResource since its founding in late 2008. Each author’s analysis and opinion are that person’s alone and do not necessarily represent the views of other authors and that of the Institute for Energy Research.
MasterResource welcomes comments of substance that are on-topic and in good taste. MasterResource comments that are cross-posted elsewhere by the author should follow the same standard for comment privileges.
Rob Bradley’s interest in energy began when he prepared a study on the oil-reseller boom for a Houston bank in 1980. This investigation into the interplay of business and 1970s oil price and allocation regulation led him to apply for a grant from the Cato Institute to write a history of U.S. oil and natural gas regulation, an anticipated 18-month project that turned into five years of full-time effort. After nearly a decade of trying to find a publisher for the 2,000-page tome, Oil, Gas, and Government: The U.S. Experience was published in two volumes in 1996 by Rowman & Littlefield. That beginning was followed by 16 years in the energy industry. In 1985, Bradley joined HNG-InterNorth (soon to be renamed Enron) as a Houston-based analyst with Transwestern Pipeline Company, which sold natural gas to the California market. An interstate gas transmission company, Transwestern was regulated by the Federal Energy Regulatory Commission (FERC), which provided Bradley with an education into cost-of-service, public-utility regulation. With natural gas as the swing fuel in California’s electricity generation, Bradley also became conversant with the electricity market and public-utility regulation of gas and electricity on the state level. The California Public Utilities Commission was also active in environmental programs, as was the California Energy Commission. In 1995, Bradley left Transwestern to become director of public policy analysis at Enron, a corporate staff position. A primary job was preparing speeches for chairman and CEO Ken Lay, but Bradley also was involved in legislative and regulatory issues. It was here that he became very involved in the internal debate over global warming strategy and renewable energy. His criticism of climate alarmism and Enron’s “political capitalism” is evidenced by memos posted on the website, www.politicalcapitalism.org. Today, Bradley is CEO and founder of the Institute for Energy Research; an adjunct scholar of the Cato Institute and the Competitive Enterprise Institute in Washington, D.C.; and a visiting fellow of the Institute of Economic Affairs in London. Bradley is also a senior research fellow of the Center for Energy Economics at the University of Texas at Austin, among other honorary affiliations. Bradley’s most recent book is Capitalism at Work: Business, Government, and Energy (M&M Scrivener Press), which applies the capitalist worldview to corporate and energy controversies. His website www.politicalcapitalism.org covers this work and two forthcoming books in his trilogy on political capitalism in the energy industry. Bradley’s other books are: The Mirage of Oil Protection (1989); Julian Simon and the Triumph of Energy Sustainability (2000); Climate Alarmism Reconsidered (2003); and (with Richard Fulmer) Energy: The Master Resource (2004).
Paul Driessen, senior policy advisor to the Committee For A Constructive Tomorrow (CFACT), is author of Cracking Big Green: Save-the-Earth Money Machine (2018); Eco-Imperialism: Green Power – Black Death. (2010); and Energy Keepers, Energy Killers (2008). His areas of expertise are energy, climate change, sustainable development, and human rights. Formerly a member of the Sierra Club and Zero Population Growth, Driessen left mainstream, DC-based eco-activism over its intolerance of opposing opinions, disregard of facts, inflexible politics, and insensitivity to the world’s poor. Driessen received his BA in geology and field ecology from Lawrence University and a JD from the University of Denver College of Law. He is accredited by the Public Relations Society of America.
Mark Krebs is a mechanical engineer by training with over thirty plus years of broad experience managing both natural gas and electricity energy efficiency programs for several major utilities. Mark’s unique perspectives were summarized by MasterResource in June 2016 by the following article: • Mark Krebs: Digging Down on Energy Efficiency Claims (an interview) Some examples of Mark’s publications (besides those published here) include: • “It’s a War Out There: A Gas Man Questions Electric Efficiency” (Public Utilities Fortnightly December 1996). • “Fundamentals of Desiccant Dehumidification Technologies in Commercial Air Conditioning Systems,” (Improving Building Systems in Hot & Humid Climates, October 9-10, 1990). Mark is presently employed by Spire Inc. (formerly the Laclede Group and Laclede Gas before that) where he has been since 1994. Please note that Mark’s comments do not necessarily represent the official positions or policies of Spire or anyone else for that matter.
Lisa Linowes is cofounder and executive director of the Industrial Wind Action Group (www.windaction.org), a national advocacy group focusing on the impacts and public policy associated with industrial-scale wind energy development. She has testified before the U.S. Congress; discussed/debated wind issues at events held by National Association of Regulatory Utility Commissioners (NARUC), New England Wind Energy Education Project (NEWEEP) Conference, and the Midwest and Northeast chapters of the Energy Bar Association annual meetings; appeared on CNN, NPR, and CBS; and been quoted in the New York Times, Washington Post, Los Angeles Times, and dozens of newspapers in the U.S. and abroad. Ms. Linowes, who holds a B.S. in computer science and an MBA, has served as technical advisor for Laura Israel’s Windfall, the award-winning documentary on the impact of large-scale wind development on rural communities. Linowes also co-hosts Wind Wise Radio, a weekly internet-based radio show that features current events and interviews on the topic of wind energy development. In addition to the above work, Lisa is a conservation and land-use advocate with more than 20 years of executive business experience. She has held high-profile elected and volunteer positions in community planning, land negotiation, and education outreach.
Wayne Lusvardi worked for 20 years for California’s largest urban water agency where he was a member of the 2001 California Energy Crisis Task Force. He appraises public regulated water utilities and bond-financed public infrastructure districts. Wayne previously was a water policy expert with the Pacific Research Institute and has developed a model for speculative water markets in California. He resides in Rancho Mirage.
Bill Peacock, formerly vice president of research at the Texas Public Policy Foundation in Austin, specializes in economic freedom and growth, property rights, civil justice, and regulatory issues. He has written for MasterResource since 2013. His prior positions, extending back to 1989, have been: Deputy Commissioner for Coastal Resources for Commissioner Jerry Patterson at the Texas General Land Office, Legislative and media consultant working with Citizens for a Sound Economy, Putting Children First, and other groups, Deputy Assistant Commissioner for Intergovernmental Affairs for Commissioner Rick Perry at the Texas Department of Agriculture, Legislative aide to Rep. John Culberson in the Texas House of Representatives, and Analyst, Texas Senate Committee on Education. Bill has a B.A. in History from the University of Northern Colorado and a M.B.A. with an emphasis in public finance from the University of Houston.