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Politics : PRESIDENT GEORGE W. BUSH

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To: hugh thorne who wrote (381322)3/29/2003 5:29:40 PM
From: Krowbar  Read Replies (1) of 769670
 
< yea cyber whatever, California has no responsibilty for it's huge appetite for energy. They are just victims of the VP! >

First off, I am not Cyber whatever. Second, try to read this objectively...

WASHINGTON, March 27 (Reuters)

The Federal Energy Regulatory Commission (FERC) will decide in the coming weeks whether to revoke power-trading privileges of Morgan Stanley, Dynegy Inc. and 35 other and energy companies and municipal utilities, the agency's head said on Thursday.

FERC staff recommended that the agency consider stripping power trading privileges from the 37 companies, but Chairman Pat Wood would not indicate at a Senate Energy Committee hearing whether FERC would take such action.

"We'd like to act on that by the end of April," probably at the FERC's regular meeting on April 30, Wood told reporters after testifying at the hearing.

The staff report released on Wednesday found widespread market manipulation during California's electricity crisis of 2000-01 by 37 firms and government-owned entities...
energycentral.com

That's Cheney's buddies that attended his secret energy meeting who were involved with the manipulation. The "liberal" press had many stories about the Californian's whining about being manipulated, and made it appear that it was their own fault. Now that they are being shown to be correct, there is no coverage in the mainline "liberal" press.

Imagine that.

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