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To: kollmhn who wrote (81418)12/12/2000 12:57:47 PM
From: kodiak_bull  Read Replies (1) | Respond to of 95453
 
I knew there was something missing in my life these past few days, and I discovered this morning it was "decisive action" and "not so veiled threats" by one of the titans of this administration, Billy R:

Richardson warns US power suppliers not to hike prices


Richardson warns US power suppliers not to hike prices
WASHINGTON, Dec 12 (Reuters) - U.S. Energy Secretary Bill
Richardson warned North American electricity generators not to
purposely drive the price for power in the West higher.
"While I have no specific knowledge of any such activities,
it is important that generators located throughout the region
and in Canada and Mexico understand that the (Clinton)
administration will not tolerate any actions designed to take
advantage of the situation," Richardson said in a statement
released on Monday night.
He also again called on the Federal Energy Regulatory
Commission to impose short-term prices on the the wholesale
power sold throughout the West.
The West is experiencing tight power supplies and soaring
electricity prices because of heavy demand from cold weather.
Richardson called on generators to act responsibly.


REUTERS
Rtr 12:06 12-12-00