Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: stribe30 who wrote (137828)	6/30/2001 8:29:50 PM
From: tejek	Read Replies (3) of 1585251

Energy Market Manipulation Paul Krugman wrote a column that appeared in my London Free Press today.. he is a columnist for the NY Times and writes economic and financial viewpoints for them. I dont have an online link yet.. so I'm paraphrasing it as best I can and direct quoting where I can. He talks about the fact that Power supplies have become fairly reasonable in California and prices have dropped dramatically: a year ago from 750$ US a megawatt hr and now going for less then 100$ sometimes less then 50$. Scott, what surprised me on my recent trip to LA is that gas is about $.20-.30 more expensive in CA than WA even though most gas is refined in CA. It has to be the gas companies taking advantage, or a new tax surcharge on gas in CA. Otherwise, it makes no sense. ted

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