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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (48994)	3/26/2002 3:16:16 PM
From: BirdDog	Read Replies (1) of 65232

Alcoa complied, and is making more money from selling electricity leases than they did in smelting to make aluminum. Yes...bear in mind. Many...almost all....of these large plants that use boilers. All the petroleum plants, etc. They have built electric generating facilities in the past 20 years. It made sense. After all, they had the extra steam...why not? my guess is New York State will go dark No problems with power in NY. The Canadians have built many large hydro plants up around Hudson bay. They built them to deliver power to NY/New England area. I know they were told not to build that they weren't needed. They did anyways. If you want to see one...just do a search on James Bay (edge of Hudson Bay). There is a biggun there... The only problem Cal had with power was the electric companies not caring in the slightest about their "old" home business. They knew the Air Quality Control board was nothing but a bunch of militant liberals. They didn't bother to teach the new owners of half the plants in Cal how to handle those militant liberals...as a result, the new owners goofed up and got shut down with ridiculous demands made on them before restarting..... That was one big source of lost power in Cal... BirdDog@Prairie.com

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