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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: 10K a day who wrote (76897)	5/12/2001 11:46:24 AM
From: eichler	Read Replies (1) of 99985

I've heard allegations to the effect of PG & E creating "shell companies" who buy the energy from the wholesalers, who then ripp off PGE with grossly inflated costs, who cry "bankruptcy!" and stiff the consumer and tax-payer to the tune of energy bills just about doubling from one month to another. I have no direct knowledge of this but sure sounds like business as usual. Just another scam... Where there's a will to $crew the consumer...there's always a way! How 'bout the refineries raising gas prises to reformulate fuel with MTBE and then saying "oops, bad idea" and then raising fuel prices again to pay for un-reformulating fuel? What a hoot! Calif. sure getting the short-end of the stick on several fronts it seems. I guess if you have a state which amounts to the 7th largest economy in the world, and you want to scam the largest amount of consumers at one time...Californians would be the likely victims. I absolutely hate it when I start thinking such negative, collusionary thoughts...but with the top two honchos in the white house both oil men...and environmental concerns standing in the way of easy production and profit increases in Calif and Alaska.... someone told me Bush thinks Calif are a bunch of commies and socialists and would love to drive us into the ground..... well, don't know about that but I can sure see the logic behind it! I thought years ago the new century would open up a brave new world of technology and improvements on all social fronts: technology, medicine, health care, homelessness, education... HAH! I think NOT. The more things change, the more things stay the same.... UGH... yup...keep $crewin da peepol.... :-(

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