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Pastimes : The California Energy Crisis - Information & Forum

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To: Ron who wrote (149)3/22/2001 8:52:37 PM
From: Bearcatbob   of 1715
 
"Generators engaged in market manipulation and consistent patterns of bidding far above costs in the deregulated energy market,'

Now - in a free market cannot one bid whatever one wants. Most assuredly a for profit venture would bid as far above cost as the market would bear. What am I missing - I know - charity. These companies are charities - not for profit ventures. Oh yeah - California would be begging to bail these charities out if they were loosing money - right?

What a joke - send the bill to the Sierra Club and slck!

Bob
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