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To: AltLar who wrote (85144)	1/23/2001 3:19:23 PM
From: gamesmistress	Respond to of 95453

Right now CA is paying the extremely high spot market cost for energy due to their own political and financial mistakes. It would not be fair for the rest of the country to subsidize those costs (while paying their own, increased costs) via federal financial aid.

To: AltLar who wrote (85144)	1/23/2001 5:39:51 PM
From: gamesmistress	Read Replies (1) \| Respond to of 95453

...the federal edict to supply California's power market has been criticized by officials in several other Western states, especially in Oregon and Washington where authorities fear the demand for power in California might cause electricity shortages in the Northwest. Oregon Sens. Ron Wyden, a Democrat, and Gordon Smith, a Republican, questioned why Oregon's businesses and consumers should be put at risk to supply California power. dailynews.yahoo.com

To: AltLar who wrote (85144)	1/23/2001 7:52:11 PM
From: kodiak_bull	Read Replies (2) \| Respond to of 95453

Larry, You wrote, "CA has been buying on the spot market and hence shipping big buckets full (as Carl Sagan used to say billions and billions) of dollars out of state. That's why PGE and SCE are facing BK. There has been a massive shift of assets from CA to other states. So why are so many suggesting the other states are getting the short end?" Let me understand this. One family has been, foolishly, eating at the most expensive restaurants for months (the spot market) and now that it threatens bankruptcy it wants everyone else in the neighborhood (the rest of the states) to pay its restaurant bill? On the reasoning that the money lavished at the restaurants went out into the community? Tell me, how did your average Iowan profit from California's foolishness? Let's try to stay in this solar system on this dialogue, shall we?