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Article #2295

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

#2295
From: GeneK
Date: Wed, 17 Jan 2001 20:48
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John Higdon <no-spam@RadioMonopoly.com> wrote...

> Truly amazing ethical behavior on the part of power generators considering
> the intense economic incentive to do the opposite. After all, anyone who can
> withhold product from the market and more than make up for the revenue loss
> by re-pricing the remaining product would be very stupid to run out his
> product at capacity, no?

Hardly.  They're running their plants now when electricity prices are at a high 
and deferring their maintenance shutdowns until spring, when heating use will
be less and prices will fall even if there isn't some sort of "solution."  
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From: "GeneK" <gene@genek_hates_spammers.com>
Newsgroups: sci.energy,ba.general,ca.general,ba.politics
Subject: Re: Power execs blame gas prices and environment regs for highelectricity  costs
Date: Wed, 17 Jan 2001 12:48:05 -0800
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