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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (132016)	2/8/2001 9:57:42 PM
From: Amy J	Respond to of 1571169

Hi Ten, Probably launch investigative research into potential price collusion as it relates to the one-time occurrence of a deregulatory situation. Energy gains in the amount of 10Xs in 6 months, go well beyond the actual cog of electricity and suggest there could be underlying price collusion, resulting in an artificial transfer of wealth from High-Tech (California) to Oil/Energy (Texas). Regards, Amy J

To: Tenchusatsu who wrote (132016)	2/8/2001 11:49:21 PM
From: Windsock	Read Replies (2) \| Respond to of 1571169

Ten - Re:"What would Clinton and/or Gore have done for the California energy crisis?" Continue the Federal Energy Commission order that the generators must continue to sell power to CA until it has some time to get its act together. Instead W says "you're on your own". Califonia obtained a Court order to keep the power from being shut off at midnight. Reliant Energy, a Texas company that "conributed" to W, argued in Court today that since CA can pay we should not have to sell. What?? I thought that the generators were worried about not getting paid, that's why they claimed they could not sell power a couple weeks ago. The real reason: if Reliant has a credible threat that "we can shut you down" they can can extort higher prices. A definition of Market Power: the ability to increase prices without reducing demand.

To: Tenchusatsu who wrote (132016)	2/9/2001 12:57:28 AM
From: Joe NYC	Respond to of 1571169

Tenchustsu, What would Clinton and/or Gore have done for the California energy crisis? Blame it all on Bigtime Corporations like Ralph Nader is doing? Use federal tax dollars to subsidize continued energy consumption? File lawsuits? If this is a multiple choice quiz, I think you left out all of the above. <g> Joe