The Institute for Energy Research: Becoming a Full Time Organization (Part III)

By -- October 5, 2021 No Comments

Ed. note: The third part in this series covers IER as a full-time organization, which occurred in 2002, some 13 years after its founding (in 1989). Part I covered the history of the Institute for Humane Studies–Texas, the forerunner to IER. Part II reviewed the formation and early history of IER in Houston, Texas.

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Q1. Roger Donway: The last interview explained your dual life as a full-time employee of Enron Corp. and the president of the “think bucket” IER. How did IER emerge full time?

A1. Robert Bradley Jr.: My Enron life ended a day after the company declared bankruptcy on Sunday December 1, 2001. I was part of the mass layoff the next day. Some 4,000 of us were let go where we were told to clear out our desks and leave.

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“Energy Facism” (Rothbard 1974 speaks to us today)

By Robert Bradley Jr. -- August 16, 2021 No Comments

“When the black day of August 15, 1971 arrived, we free-market economists predicted that shortages of all sorts of products would result from the price control…. On the day of the freeze, everything seem[ed] to be functioning smoothly, and so the general mood [was] one of euphoric success.”

“When Tricky Dick imposed Phase I in August, 1971, price inflation was proceeding at something like a rate of 4% per year. Now, after 4 1/2 ‘phases’ of varying degrees of price dictation, and continued monetary inflation by the government, we are suffering a price inflation rate of something like 10% per year.”

August 15, 1971, was the day that President Richard Nixon shocked the country, and indeed the world, with a price control order. Everything—all goods and services, as well as wages and interest rates—were frozen for 90 days.…

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Denton, TX: Grid Reliability Sinks Renewables

By -- August 4, 2021 No Comments

Many Denton customers were stuck with astronomical electricity bills under the green power “choice” plans.

Denton, Texas, population 140,000, located in the Dallas-Fort Worth metroplex, received national media attention for its $9,000 per megawatt hour ($9.00 per kilowatt hour) electricity price spike during the February 2021 Texas Freeze power crisis

Although not reported by the media as such, it was an unintended consequence of naive green dreams and “environmental justice” gone wrong.

“Green” Energy Planning

Home to two universities and a junior college, Denton is a Progressive Left city that:

  • Banned fracking within its city limits (later reversed by Gov. Abbott)
  • Contracted for 180 megawatts from the Blue Bell Solar Plant
  • Recorded 40 percent renewables, partly by ending its contract with the now mothballed Gibbons Creek Coal Power Plant
  • Built its own natural gas power plant (2018) to provide backup power to its customers and sell the excess into the ERCOT grid.
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ERCOT’s SNAFU: $16 Billion? $30 Billion? (perils of central planning)

By -- March 17, 2021 3 Comments

“Other than desperation, why would the commissioners have increased electricity prices to the point that Texans paid more for electricity in one week than they had for the last three years combined?…. At the heart of the PUC’s decision seems to be a belief in theoretical market constructs over actual markets.”

“At the time, the new PUC chairman, Arthur D’Andrea, noted, ‘I think we all expected that when we were in load shed we would be at $9,000.’ In other words, the commissioners did not care what market prices actually were. They were going to impose their vision on the market, regardless.”

The Electric Reliability Council of Texas (ERCOT) is a government agency advertised as a ‘nonprofit corporation.’ It is also a government planning agency, not a free-market institution, under the thumb of state legislators and regulators.…

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President’s Day: Best and Worst, Energy-wise

By Robert Bradley Jr. -- February 15, 2021 2 Comments Continue Reading

Jimmy Carter Was Right?

By Robert Bradley Jr. -- September 17, 2020 4 Comments Continue Reading

California’s Energy Vampire: Solar at Night (Silverstein misleads in Forbes)

By -- September 15, 2020 5 Comments Continue Reading

Endorsing Donald Trump for Re-election (American Energy Alliance on the record)

By Robert Bradley Jr. -- August 20, 2020 3 Comments Continue Reading

‘Planet of the Humans:’ A Progressive’s Lament

By Robert Bradley Jr. -- January 11, 2020 No Comments Continue Reading

Energy & Environmental Newsletter: November 11, 2019

By -- November 11, 2019 4 Comments Continue Reading