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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (85637)	1/29/2001 10:35:16 PM
From: Razorbak	Respond to of 95453

NYT: "President Offers Plan to Promote Oil Exploration" (Part 3 of 3) January 30, 2001 Single-Page Format (Page 3 of 3) Mr. Bush has largely stuck to his pledge to make California resolve its struggle without large-scale federal aid. He agreed last week to extend a Clinton administration emergency order that required power generators in neighboring states to use surplus generating capacity to supply California. But that policy is highly unpopular among those states, and Mr. Bush said it would not be extended beyond Feb. 7. Mr. Bush said today that the electricity problem went well beyond California, though he did not propose measures to deal with power problems in other states. Several states in the Northwest have complained repeatedly that federal orders to sell surplus power to California have forced them to drain water tables for hydroelectric plants, endangering their own energy resources and potentially damaging the environment. Rates are also rising around the region. The Bonneville Power Authority, which has provided cheap electricity for decades to its Northwest customers, said it plans a 60 percent increase in rates over the next five years because of the ripple effect from California's problems. The White House press secretary, Ari Fleischer, said today that Arizona had also suffered collateral damage because aluminum plants there were forced to shut down for lack of power. He said farmers in neighboring states were hit by power shortages as well. "Energy represents approximately 6 percent of our nation's G.D.P., and the costs for consumers for energy are going up, nationally as well, of course, as in California," he said. Along with Mr. Cheney, Mr. Bush's energy task force includes Treasury Secretary Paul H. O'Neill; Energy Secretary Spencer Abraham; Commerce Secretary Donald L. Evans; Agriculture Secretary Ann M. Veneman and Transportation Secretary Norman Y. Mineta. It is also to include the Environmental Protection Agency administrator-designate, Christie Whitman, and the Interior secretary-designate, Gale A. Norton. nytimes.com