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Strategies & Market Trends : Rande Is . . . HOME

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To: moufassa7 who wrote (52132)	7/19/2001 1:49:21 PM
From: rajaggs	Read Replies (1) of 57584

California will not or cannot pay for the electricity they are consuming. Suppliers are getting very nervous about providing more to them when they are way beyond any reasonable measure for clearing their accounts payable. These arrogant turds in CA are now trying to avoid paying or stall payment to BC Hydro, who broke their own credit limit of $100 million, to supply California when it was in trouble. Some thanks. I hope they turn off all exports until they get payment in full and then it'll be cash or 10 days payment terms. It's hard to imagine anyone arrogant enough to claim that it's someone else's fault they don't have power, when they haven't built a generation plant in 10 years in their own state. California is the definition of NIMBY, for sure. 'jaggs

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