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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Zeuspaul who wrote (84826)1/20/2001 4:27:09 PM
From: patron_anejo_por_favor  Read Replies (4) of 95453
 
<<The immediate crisis can be fixed by reducing demand. The best way to accomplish this is with voluntary and mandatory conservation measures. It is done with water in times of draught..it can be done in this power/political crisis.>>

Seems the "voluntary" conservation measures have failed miserably. Are not rolling blackouts a form of "mandatory" conservation? How else would you have it done?

You and Gov. Davis are wrong on this point. The crisis won't be solved untill retail price increases are passed through and market based demand reduction is allowed to occur. If the state wants to pay rebates to users who are deemed to be most hurt by the price increases, they can as a separate issue. As long as Davis refuses to acknowledge the necessity of passing through higher prices, though, the crisis will deepen...and demand management will be forced (blackouts) rather than elective.

Regards,

Patron
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