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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3542)	3/23/2001 2:08:03 PM
From: Yorikke	Read Replies (2) \| Respond to of 33421

I'm sitting in LA. We don't have any problems. No brown outs, not rolling blackouts. Our rates are quite fair considering. We have a government run system that is selling energy to the Private Companies that have screwed up the situation. We have forward contracts and already own our infrastructure. We have a long term energy plan in place. Last year LA was the whipping boy of Californian 'Free Market Energy' proponents. Those are the guys who paid off lot of people, spread a lot of lies about how the private market energy control is more efficient, and then took the people to the cleaners. Yes California is a great place to get a chuckle from. That's why people live here. Go ahead and laugh. When you are done you will still live where you do. I will live here, where I can go down to the beach and catch a few rays and enjoy the ocean; and we both will have had a good laugh.