The *NEW* Frank Coluccio Technology Forum Message Board

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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Theophile who wrote (1788)	1/18/2001 2:45:08 AM
From: Andrew G.	of 46821

Mr. Thomas: You may want to read this: You said: "Until there is an actual resource shortfall in the offing ..." From another message board: Re: Rolling Blackouts - You Ain't Seen by: larstrader 01/17/01 You Ain't Seen nothing yet. Columbia basin snowpack is 55% of normal. Worst start of the water year since 1974. To satisfy Richardson order, the Grand Coulee resevoir is at its lowest level since the dam was built in 1934. Any new inflows will only make up for what was sold to CA. The CA snowpack is about 50% of normal. 40% of all capacity comes from hydro. Low snowpack typically drives early runoffs. This summer, blackouts won't be rolling, they will be all-day affairs. The west power crisis is only just getting started. This is going to get a lot worse before it gets better. Current solution is to build 15,000 MW of gas-fired CTs. Has anyone thought what that is going to do to gas prices? Has anyone determined how that gas will get to the turbines? Current pipeline capacity is maxed. Sorry, crisis is here to stay until enough business shut down, employees move to new jobs out of the west, and demand drops. Look for long-term recession in the west.

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