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To: Amy J who wrote (133176)	4/23/2001 8:14:21 AM
From: GVTucker	Read Replies (1) \| Respond to of 186894

OT, Amy, RE: California and energy It may indeed be true that California is an energy efficient state. But even with this supposed efficiency, there still isn't nearly enough power to go around. And there is nowhere near enough refining capacity. I've started to call this the Catch-22 economy. The only way to solve a power problem on a national scale is to have a pretty long slowdown that takes in a lot more than the tech sector and California. If the economy turns for the better (which I think is possible but not probable) the lines for gasoline in California will be almost reminiscent of the 70's. Natural gas prices would get as bad or worse than this past January. New England and New York could very likely be facing the same kind of power problems that California had this past winter. Good thing the economy stinks and we don't have to worry about that stuff.

To: Amy J who wrote (133176)	4/23/2001 1:01:40 PM
From: Joe NYC	Respond to of 186894

Amy J, "First, let's dispel one myth. California is not a power hungry economy. Yes, it is big. Yes, its has grown rapidly in recent years. However, when measured by the total volume of electric power consumed per dollar of output, California is nearly the most energy efficient state in the Union. Only New York is more efficient. I am not sure if this is a good measurement. Suppose there is only 1 industry - venture capital companies in California, and the rest of the states have steal mills, aluminium, car manufacturing, refineries etc. These other states make SUVs to be sold in California. Is California really the so energy efficient? A car bought from out of state represents a large import of energy from industrial states. As far as New York is concerned, it has very hostile, anti-business environment, so most of the industrial companies have relocated out of the state. But New York City is actually very energy efficient. Joe