Debt ceiling: Recall the Solomonic judgment Those of us who read the Old Testament may recall the story of Solomon solving the dispute between two women each claiming the same […]
Tag: rate hike
If Mon Power buys Pleasants, only the shareholders win
“So when the company makes money the profit all goes to the stockholders and management, but when they lose money (by not investing in new tech) they want bailout cash […]
Guest essay: Pleasants deal bad for Mon County
Also unfair to MonPower consumers by Jim Kotcon The Pleasants power plant is a 43-year-old, 1,300-MW, coal-fired power plant in Pleasants County. MonPower’s parent company, FirstEnergy, tried to dump this […]
Federal Reserve’s continued rate hikes may be too much for economy
The Federal Reserve shocked no one last Wednesday when it announced another 25-basis-point hike to interest rates. Yet our lack of surprise doesn’t mean a lack of questions about the […]
Federal Reserve is right to suggest slowing rate hikes
Economies are not known for being simple things to untangle. Unlike in the physical sciences, where if you do enough calculations, you can shoot a projectile into an asteroid moving […]
Get ready for winter heating bill sticker shock
For months now, West Virginia’s severance tax collections for energy production — primarily coal and natural gas — have been running way ahead of estimates. The state finished the fiscal […]
