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To: J. M. Blackburn who wrote (14437)	6/14/2000 12:54:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

To sum it up, Electricity is going to cost more and supplies are going to be tight for several years or more imho and this is without the recent run up in energy prices. The results of this have not been fully realized yet due to cool weather. All my experience deals with the Northeast but I expect it is the same elsewhere. Wow! I've heard talk in the Pacific North West that they are considering removing some dams on the Columbia river so the Salmon can spawn... One alternative they are now using is barges to move the small fish past the dams and fishladders! More people and higher energy demands mixed with higher requirements to preserve the environment... sure makes me hope fusion gets somewhere someday. Thanks for the informative post. Have not read that sort of info before.

To: J. M. Blackburn who wrote (14437)	6/14/2000 2:00:00 PM
From: MrGreenJeans	Read Replies (1) \| Respond to of 15132

JM Several weeks ago we had $6,000 a MW power, unbelievable Annually there are spikes in the price of power generally for a few hours because of certain conditions and outages. If you look closely at the numbers you will find that few such transactions take place at these prices. Most are broker-dealer-power marketer quotes that rarely get transacted. See the midwest spike price of June 1998 as one example. Electricity is going to cost more and supplies are going to be tight for several years or more imho and this is without the recent run up in energy prices. The results of this have not been fully realized yet due to cool weather. All my experience deals with the Northeast If anything in recent years there has been a GLUT of electrical power on the market driving down the price of generators which are being sold off relatively cheaply throughout the northeast. Why are generators being bought up cheaply? Because the asset they produce electrical power has been coming down in price over the years. I will agree that the price of electrical power is on the rise but it is because of new regulations from the federal government and the instituting of ISOs in various states especially in the northeast which is mucking things up...I cite the NY ISO as an example of a regulator which is failing miserably and driving costs up. Watch how much people will be paying in congestion charges this summer in NY primarily because of transmission constraints.

To: J. M. Blackburn who wrote (14437)	6/14/2000 2:46:00 PM
From: Justa Werkenstiff	Respond to of 15132

JM: Great post. Appreciate your input.(eom)

To: J. M. Blackburn who wrote (14437)	6/14/2000 2:56:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Fed's Parry on Recent Economic Data, Job Market, Oil: Fed Quote San Diego, June 14 (Bloomberg) -- Comments by Federal Reserve Bank of San Francisco President Robert Parry on impact of last six interest-rate increases on economic growth and the job market, and about oil prices. Parry, a voting member of the policy-setting Federal Open Market Committee, talked to reporters in San Diego after speaking to a Fed-sponsored conference in San Diego: When asked about the impact of the six increasews, Parry said: ``If you look at the impact on growth and demand, it's clear we're seeing some of those effects. But to say we're feeling the effect of the last one, or two, or three increases in any signficant way I would say is not correct.'' The effects on inflation ``probably are yet to be felt,'' he said. As for labor, ``We haven't run into much in the way of reports from people I've talked to on labor conditions easing in any signficant way.'' Concerning oil prices that rose past $30 for the third consecutive day today: ``I think what it suggests is that some of the relief we would have expected to see from declining oil prices in the CPI is not likely to be as dramatic as we thought it would be.'' Even so, ``we focus more on the core'' CPI, which excludes food and energy. Jun/14/2000 14:14 ET