PUBLIC CITIZEN'S VIEW ON HIGH OIL AND GAS PRICES....

Don’t Let High Oil Prices Fool You – More U.S. Drilling Is Not the Answer

Statement of Tyson Slocum, Director, Public Citizen’s Energy Program

With oil prices briefly topping $100 per barrel, some are dusting off the tired “drill baby drill” playbook and calling for an expansion of domestic oil and gas drilling – ignoring the point that opening up access to the Pacific, Atlantic and eastern Gulf regions, which are currently off-limits to drilling, would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.  MORE >>

PUBLIC CITIZEN'S CONTRIBUTION TO ROLLING BLACKOUT HEARING....

Public Citizen, was the final of two consumer advocate organizations to speak before the Senate hearing on the blackouts earlier this week.  This important question was asked?  How much money was made during this last blackout?  Perhaps as much as $385 million due to the higher than normal prices.

 

SEE TEXT OF THE WRITTEN TESTIMONY HERE.

HISTORY OF ELECTRIC DEREGULATION.....

I discovered two excellent, comprehensive and factual reports on the history of electric deregulation in the nation and the state of Texas.  Persons with a serious interest is this matter will want to explore this in-depth reading material.  It is highly recommended.  Both reports challenge electricity deregulation and deem it a failure. 

Public Citizen, the people's voice in the nation's capital, is the organization that has authored one of the reports and the other was written by Mr. Jake Dyer who is with the CAPP coalition of communities project here in the state.  Use the links below to find the reports online:

http://www.citizen.org/Page.aspx?pid=2384
http://www.capptx.com/?q=node/5