SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: willcousa who wrote (125429)1/18/2001 10:19:46 AM
From: GVTucker  Read Replies (1) of 186894
 
Natural gas companies may absorb a lot of the blame in California even though they have nothing to do with the problem.

The blame may go to them because they are making a ton of money right now. Burlington Resources, for example, delivers 15% of its natural gas to California. If you check their earnings report this morning, you'll notice that they are printing money right now. This may provide the California state gov't with a tempting target, even though the money BR is making has nothing to do with the CA power crisis. This will also, however, exacerbate the long term problem.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext