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To: Scumbria who wrote (135799)5/22/2001 9:46:12 AM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
Scumbria, FYI, that article is absurd.

For example:

Power shortage? Nope. The California power grid operator reported that, just over the California border at the 'Henry Hub' gas pipeline switching centre, you could buy plentiful gas for $1 (£66p) a therm. A couple of miles down the road in California, the price was $10.

The Henry Hub isn't 'just over the California border', it is in Louisiana.

And the price of natural gas at the Henry Hub hasn't been $1/therm for a couple of decades now. It hasn't been below $2/therm for a couple of years.



To: Scumbria who wrote (135799)5/23/2001 2:35:23 AM
From: Amy J  Read Replies (2) | Respond to of 186894
 
OT Hi Scumbria, RE: "I wonder if Bush is directly involved?"

Did you read how Bush got his first million?

According to an article, by being an advisor to an oil company that his Dad met with and subsequently was bought out. The company was bleeding worse than a dotcom, yet, as an advisor to the company, Jr Bush made at least a million on the MNA deal in exchange for becoming an advisor and influencing decisions related to the matter of oil.

Take a look at Grove's salary. It's half of a million. Go figure that Jr. Bush can make $1M on a bleeding company as an advisor, while Grove makes half of that as an advisor with the world's most successful company.

Admittedly, I do not know the oil biz, so I would hope that this bleeding oil company had some type of technology, IP, or ownership rights to something that was valuable, and wasn't just an oil boyz pay-back based upon influential relationships.

Regards,
Amy J