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

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To: Think4Yourself who wrote (82290)12/21/2000 1:03:10 PM
From: gamesmistress  Read Replies (2) of 95453
 
I agree with you about the CA utilities...I would not be surprised if California's economy collapsed in a heap of rubble....positions are getting more and more intransigent. First it's Not In My Back Yard, now it's Not My Problem....sheesh. Here's an article from a couple of "consumer advocates."

...Freed from government oversight, the 11 independent companies that generate power for California are manipulating the supply of electricity to create shortages. [Yes, natgas prices, lack of power plants and transmission lines had nothing to do with it.]

...To avert a human and economic disaster, the state must resume the responsibility for ensuring that our electricity is provided in a safe, reliable and affordable manner.

First, the energy cartel must be busted: California and federal authorities should obtain search warrants and subpoenas to enter the power plants to determine the true cause of the shortages. [Maybe the Pikachus went on strike, fellas.] If necessary, the plants should be seized to protect public health and safety. [Then they can change the name to the People's Republic of California.]


sfgate.com
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