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To: Amy J who wrote (135903)5/23/2001 7:58:58 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Amy, RE: 10X increase.

I never maintained otherwise. You missed my point.

Yes, the price of natural gas went up 10X. That was exactly my point.

You stated that the price of power went up 10X as evidence of price gouging. It was not. It was evidence that the price of the raw material (natural gas) went up 10X. Wily's chart proved my point.

El Paso had to PURCHASE the gas to convert to power.