Harshest

CERA: FERC’s Western Report Flunks Economics 101

In the harshest criticism yet of FERC staff’s final report on Price Manipulation in the Western Markets, Cambridge Energy Research Associates (CERA) said the report “fails to substantiate and support its major premises, conclusions and recommendations,” and could lead the nation “into scarcities and disruptions” (see NGI, March 31).

May 19, 2003

CERA: FERC’s Western Report Flunks Economics 101

In the harshest criticism yet of FERC staff’s final report on Price Manipulation in the Western Markets, Cambridge Energy Research Associates (CERA) said the report “fails to substantiate and support its major premises, conclusions and recommendations,” and could lead the nation “into scarcities and disruptions” (see Daily GPI, March 27).

May 19, 2003