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.

Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (333)	6/25/2001 4:34:15 PM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Power Plays Beaten-down energy stocks look attractive interactive.wsj.com By Cheryl Strauss Einhorn The Federal Energy Regulatory Commission last week voted to extend controls on California power prices to 10 other Western states and to keep them in force every day, rather than just during shortages. The news sent share prices tumbling, not only for energy trading and marketing companies, such as Enron, but also for alternative energy providers, such as Plug Power, and outfits that build and operate power plants, such as Calpine and NS Group. The decision dampened expectations for the profitability of these industries, in part because capped prices will reduce incentives to build power plants and to find new energy sources. ............................................................................................................................................... After posting its biggest daily fall in 2½ years Wednesday, gasoline slumped to a six-month low at week's end, after the nation's biggest pipeline stopped accepting new shipments from the Gulf Coast to the East. This is a signal that the market is well-supplied for the peak summer-driving months. July futures fell to 77.50 cents a gallon, or nearly 12% on the week.