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

To: American Spirit who wrote (245706)	4/5/2002 3:56:02 PM
From: DavesM	Read Replies (1) \| Respond to of 769670

California had too much energy for 2 reasons: 1. Californians reduced electric power consumption by around 15%. Californians conserved far more electricity than the State had anticipated. 2. The weather from spring of 2001 till March of 2002 has been mild, also reducing power demand. I believe some new (large) power plants have finished construction, and come on line as well. You can still have manipulation and a real shortage, it is not an either or situation. In fact, IMO, in order to manipulate prices, usually a shortage condition exists first. The energy crisis also abated, when there became a Republican majority on the FERC. There was a Democratic majority on the FERC till May of 2001, and a Democratic Chairman till mid January 2001. This Democratic majority could have forced much more stringent price controls on electric energy producers anytime (and certainly before January 2001 - when they also had the chairmanship). Gray Davis sent a letter to President Clinton and the Chairman of the FERC in the first week of August 2000 , (a week before the Democratic Convention in Los Angeles, California ) asking for regulatory help, and complained of price manipulation. Why, with virtually all the National Leaders of the Democratic Party in California, during the California Energy Crisis, did they do nothing, and have nothing to say? And you are trying to say that Jeffords switching parties saved the day? Maybe the Clinton Administration didn't do much, because they knew there was a REAL shortage. There was a serious drought in the Pacific Northwest, and maybe the BPA (a Federal Project) told them (the Clinton Administration) that they couldn't send California the power they needed.