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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (146082)	5/17/2001 9:03:54 AM
From: JDN	Read Replies (2) \| Respond to of 769670

I believe it is GWB who is saying we have lots of crude available its a refinery problem. However, I think he wants to lower our dependence on FOREIGN oil which is now up around 60% and very dangerous in my way of thinking as it allows countries to dictate at least a portion of our foreign policy decisions. We would be IMHO far better off to be at least REASONABLY self sufficient, dont you think? JDN

To: Scumbria who wrote (146082)	5/17/2001 11:19:46 AM
From: Gordon A. Langston	Respond to of 769670

Scumbria Where do you get your figures about gas being at '60's levels? This is the best I could do searching. energy.ca.gov This shows current prices to be above historical adjusted levels but not the highest by any means. CA electrical generation problems, short term, are the result of people not getting paid. Would you deliver a service when you haven't been paid for 5 or 6 months and have no guarantees from either the State or the bankruptcy court that you ever will? And then your contract states you cannot sell to anyone else. 14,000 megawatts are offline today and only about half are planned for maintenance. Once again Gov. Flashlight is a day late and a dollar short. FERC won't let small generators out of state contracts -- yet May 17, 2001 From staff and wire reports WASHINGTON Federal energy regulators stopped short of letting small power generators in California get out of existing contracts with utilities that cannot pay, though they said they will revisit the issue. The Federal Energy Regulatory Commission extended waivers to allow small generating facilities to shift their power elsewhere in the event that a judge orders they can break their contracts. "The commission is not acting unilaterally to abrogate existing contracts," FERC Chairman Curt Hebert said. He said the FERC was following the wishes of Gov. Gray Davis. Some generators in the state aren't operating at full capacity because they haven't been paid. Davis wrote to Hebert this week asking the commission to hold off on allowing the generators to break their contracts until the state has a chance to work things out with generators. Officials of Southern California Edison, the state's second-largest utility, also urged the FERC not to intervene, saying any remedy that lets generators refuse to sell power to utilities that can't pay will prompt generators to sell their electricity elsewhere. ocregister.com