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Gold/Mining/Energy : CA power crisis

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To: Jon Koplik who wrote (78)1/9/2007 4:42:28 PM
From: Jon Koplik  Read Replies (2) of 186
 
URL for a website that shows some electricity futures prices (both "base load" and "peak load").

futuresource.com

If you click on the links just to the left side of the words :

Electricity Base Load

or

Electricity Peak Load

you can see how the price of electricity has fallen over the past few months.

The percentage decline seems MUCH sharper than the decline in either oil or gas, so ...

I cannot help wondering if we have yet another "un-biased" coincident economic indicator that is trying to tell us that the U.S. economy is not "great, great, great" (as members of the Federal Reserve Board are telling us ...)

Jon.
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