Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (538)	6/15/2001 7:51:42 AM
From: GVTucker	Respond to of 1715

Here's a good column that places the blame in California directly where it belongs: On California's Electricity Grand Jury Witch Hunt: David DeRosa quote.bloomberg.com

To: GVTucker who wrote (538)	6/15/2001 12:39:08 PM
From: Raymond Duray	Respond to of 1715

Hi GV, As always, your lucid comments on supply and demand regarding the refineries is much appreciated. One of the issues that regulators have created that can and should be addressed by the present administration in Washington is the excessive number of gasoline formulations that are imposed for environmental reasons. I've heard that there are over 20 formulas that are required. My sister lives in the Chicago area and suffered the shortages that occurred last summer in that market, due to a formulation that applied only to the Chicago and Milwaukee markets. It strikes me that the goals of the EPA could probably be met with a great deal less chemical complication. Now, to go totally out of character (hehe), I'm in complete agreeement with the editorial policy of Investor's Business Daily, Wm. O'Neil Publisher. They suggest that a cost/benefit analysis needs to be done by the EPA, CARB and every other wacko-environmental administration before they can impose costs on industry. IBD has come up with some zingers over time, about regulations that cost upwards of a billion dollars per life extended. While I'm not about to play the actuary's game and put a price on someone's life, I'd say that some onerous regulation is clearly dysfunctional. -Ray