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Posts tagged “Tim Hamilton”

By Robert Rapier on Aug 22, 2006 with no responses

Inventory Management

I have been engaged in an e-mail exchange with a journalist overseas who is writing an article on gasoline pricing in the U.S. I don’t want to give anything away, so I won’t be any more specific than that. However, I do want to share a couple of responses that I sent regarding some questions of price-gouging. In one response, I commented on the writings of Tim Hamilton and Jamie Court at the FTCR. I have documented their cluelessness in a previous essay: Another Uninformed Consumer Watchdog This time, I was asked about this particular document by Court and Hamilton: Low gasoline inventories set the stage for $4 at the pump in 2006 Their claim is that oil companies are… Continue»

By Robert Rapier on Apr 18, 2006 with no responses

Another Uninformed Consumer Watchdog

I have an essay on conservation ready to go, with some discussion of how Europe deals with high gas prices. However, a couple of newsworthy items are worth commenting on. The Oil Drum beat me to the punch on Chuck Schumer’s grandstanding, but another article caught my eye yesterday. I read a news release from published a study (if you can call it that) by Tim Hamilton, in which he concluded that “corporate markups and profiteering are responsible for spring price spikes” (2). Hamilton claims that the oil industry has blamed 3 factors for rising gasoline prices. They are: 1. Higher oil prices.2. Higher costs for reformulated gasoline.3. The switch from MTBE to ethanol. He then goes on to attack… Continue»