Re: Power execs blame gas prices and environment regs for highelectricity costs

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Article #2270

#2270

From: malcolm.scott
Date: Fri, 19 Jan 2001 11:03

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"John Higdon" <no-spam@RadioMonopoly.com> wrote in message
news:B68C878C.31218%no-spam@RadioMonopoly.com...
> in article e9ge6t0mgfn3ki4lqi930ftt2815sjqr2k@4ax.com, KnowItAll  wrote:
>
> > The generating companies aren't making big bucks because natural gas
> > which fuels many of the plants as well as my home is several times
> > higher than last year.
>
> But not ten or fifty times higher, which is what the generators are
charging
> for their (artificially) scarce electricity.
>
> > If the California electrical utilities were
> > charging more, enough to cover their costs demand would decline and in
> > all likely hood natural gas prices would not be as high.  Even though
> > I don't live in California their power problem is costing me money
> > through higher natural gas rates.
>
> Don't worry. The demand will go down soon as the California businesses
> relocate to other parts of the world, such as Mexico...where power is
cheap
> and reliable.

They'd be better relocating to cooler areas since most of IT demand is
cooling.
Malcolm

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From: "malcolm.scott" <malcolm.scott@ntlworld.com>
Newsgroups: sci.energy,ba.general,ca.general,ba.politics,co.politics
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Subject: Re: Power execs blame gas prices and environment regs for highelectricity  costs
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