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

To: Patricia Trinchero who wrote (146142)	5/17/2001 3:20:41 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 769670

You are suffering from the losses that accrue to those fools who stop energy suppliers from doing what we built them to do. If the Bush administration enables them to create supply, the profit is yours, because you will have energy. In California's situation, the people there can't possibly pay them enough to make up for the twenty years of damage they have done to them, to themselves, and to the rest of us. You WILL pay. That's a guarantee from the rest of America. Your silence from here on out would help restore your lost dignity...

To: Patricia Trinchero who wrote (146142)	5/17/2001 3:37:40 PM
From: Gordon A. Langston	Read Replies (1) \| Respond to of 769670

Pat What is your reaction to this. 14,000 megawatts are off-line on a daily basis and only about half are related to maintenance. The rest are generators who have contracts with the utilities. The utilities haven't paid them for a while (since about the first of the year) and so they stopped generating. They have no guarantees of being paid from either the State or the bankruptcy court. They are unable to sell their output to anyone else because they are under contract. I think they are doing this to avoid their own bankruptcy. This is the short term problem as I see it. Any comments? 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