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To: pater tenebrarum who wrote (53990)	6/9/2000 10:59:00 AM
From: Don Lloyd	Read Replies (2) \| Respond to of 116790

hb - [...my own estimation is that energy costs were up almost 14-15% between the PPI sample dates. in fact almost the whole energy complex was making new life-of-contract highs around the most recent sample date...] Just to play devil's advocate, you don't know what kind of delays may be embedded in the data stream being sampled, or what kind of seasonal adjustments may be involved in the reported numbers. Regards, Don

To: pater tenebrarum who wrote (53990)	6/9/2000 11:47:00 AM
From: dynamitehandler	Read Replies (2) \| Respond to of 116790

Up here in our neck of the woods, the great Pacific Northwest, they just closed the Vanalco Aluminum plant in Vancouver, Wash. The reason? High electricity costs. Word around here is that Vanalco decided early on to buy their electricity on the open market, where its price fluctuates quickly with the changing times. That, apparently, was their undoing. The rest of the big aluminum plants in the Columbia basin have signed contracts with BPA for their electricity. This may be only give them a temporary reprieve, however, since BPA is raising short-term power rates due to spilling more water over the dams in response to fish concerns. So, if hydro-electricity is going up, and natural-gas-produced electricity is going up, then it won't be long before the aluminum industry feels it. And when they feel it, the economy around here takes a hit, big time.