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

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To: isopatch who wrote (81652)12/14/2000 9:03:22 AM
From: Tommaso  Read Replies (1) of 95453
 
If you don't let power companies recover their costs by raising rates, you haven't really deregulated anything.

I guess the idea was that this system would compel the power companies to look for the cheapest power. That's fine as long as there is cheap power to look for.

What's going on in California combines the worst features of capitalism and socialism.
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