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Pastimes : The California Energy Crisis - Information & Forum
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To: portage who wrote (996)10/25/2001 6:03:51 PM
From: Raymond Duray  Read Replies (2) of 1715
 
Maybe, just maybe, there is hope of intelligence in the Bush inner circle.........

Hi portage,

While we amusedly watch ENE doing its dance of death, there are other energy stories that are worth paying some attention to. I was shocked and gratified to see Forbes Magazine coming out with a radical proposal regarding our tortured relations with the Mid East. End them. Here's the concluding snippet from an interesting and informative article on Saudi Arabia:

forbes.com

Ed L. Morse, an executive adviser at Hess Energy Trading Co., has studied the fuel dilemma as chairman of the Joint Task Force on Strategic Energy Policy formed by the Council on Foreign Relations and the James A. Baker III Institute at Rice University.
[[http://www.rice.edu/projects/baker/Research/F-Policy/energy/energytf.htm ]]
His conclusion is radical: Shift from oil to alternatives like fuel cells burning hydrogen. "The cost of government subsidization of technology to change dependence on the internal combustion engine," he argues, "would be less than the military costs of defending Saudi Arabia."

This is the same case I've been making on SI for a while, to a deafeningly silent response. Except, for a few who grasp the facts better than most, such as yourself.

I was watching EnergyNewsLive today, and the reporters were getting excited once again about volatility in the California power markets. These people just don't get it. Volatility is the last thing an emotionally frayed nation needs at this time. The trader's mindset is a pernicious and dangerous aberration to rational business planning. Why we can't stop these ridiculous practices is well understood. It is because the wrong people have grabbed the reins of government by means of the most corrupt regime of bribery the world has ever known. Gore Vidal makes the point in a recent New Statesman interview
newstatesman.co.uk
that the Roman Empire in its dying days never even came close to the degree of corruption and self-dealing among the political and commercial classes that we are suffering from in the U.S. today.

Bon Chance, Ray
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