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Politics : High Tolerance Plasticity

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To: The Ox who wrote (3711)	4/24/2001 10:09:13 AM
From: gamesmistress	Read Replies (2) of 23153

Michael, it's ironic that the CA politicians and energy bureaucrats are screaming about "market manipulation" now, when they did their damndest to jury-rig the energy market so that everyone, the utilities in particular, was "protected" in some way. Unfortuately, they didn't understand the fundamentals of the energy business, and this is the result. BTW, the latest Raymond James updates are out. Haven't had a chance to read them yet, but here's the URL for the Energy stat-of-the-week, entitled "Look for a Major “Whipsaw” in Natural Gas Prices this Summer". raymondjames.com

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