Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: gamesmistress who wrote (81136)	12/9/2000 10:40:05 PM
From: energyplay	of 95453

Pray to the energy fairies... I don't think this was planned, but I would not be surprised to see high energy prices used to push out "less desireable" industries in California (like energy, chemicals, agriculture, and heavy manufacutring) and push out blue collar workers, poor people and reduce growth. California will keep Intel, Yahoo, etc. push out industries with less money and political power. Many Californians don't want to pay for more freeways, housing, and schools. They don't like the congestion, and many of them don't like the people who have moved in in the last few years - weather thier dot-com yuppies, engineers from Taiwan, or lawyers from New York. They would be real happy slowing growth. This is sort of an "I'm all right Jack " attitude - you can triple their electric bill if no more people will move into the state. Expect to see some people fight very hard to keep this problem from being solved.

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