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To: Scumbria who wrote (135799)5/22/2001 9:46:12 AM
From: GVTucker  Read Replies (2) of 186894
 
Scumbria, FYI, that article is absurd.

For example:

Power shortage? Nope. The California power grid operator reported that, just over the California border at the 'Henry Hub' gas pipeline switching centre, you could buy plentiful gas for $1 (£66p) a therm. A couple of miles down the road in California, the price was $10.

The Henry Hub isn't 'just over the California border', it is in Louisiana.

And the price of natural gas at the Henry Hub hasn't been $1/therm for a couple of decades now. It hasn't been below $2/therm for a couple of years.
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