A mistake is an incorrect understanding by one or more parties to a contract and may be used as grounds to invalidate the agreement. Common law has identified three different types of mistake in contract: common mistake, mutual mistake, and unilateral mistake.
According to agency's short-term energy outlook released Tuesday, the EIA has lowered its forecast for national average gas prices to $1.95 a gallon in the fourth quarter, which is down from last monthâs forecast of $2.07 a gallon.
For each of the AEO GHG scenarios, EIA specifies a starting point for allowance prices (either $10, $15 or $25 per ton) and assumes that the price will grow 5% per year as the cap is progressively lowered (EIA 2013a).2 THE FUTURE OF ELECTRICITY PRICES IN CALIFORNIA, 2013 As a result of the auction process, electricity suppliers generally submit bid prices that are equal to their operating costs 6 and the price of electricity in the wholesale market ends up being driven entirely by the operating costs of the marginal generator.