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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Think4Yourself who wrote (47642)7/9/1999 8:52:00 AM
From: WWS  Read Replies (4) of 95453
 
K., there was an article last week in Cincinnati (or maybe Kentucky) Post with a feed from a news service about energy deregulation. The conclusion of the article was that coal, not ngas, would benefit most in a totally deregulated environment for electricity. That is, if an energy producer anywhere in the lower 48 could serve any customer anywhere via the national grid, then customers would usually go with the lowest cost producers, "dirty" coal-burners such as midwestern-based Cinergy and American Electric Power. The article even quoted stats from DOE that energy production at coal-fired energy plants had increased 8% in the four years since energy deregulation began, while gas fired generating plants decreased 5% over the same period. I'd sure like to hear some rebuttal arguments.
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