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Article #91Re: Outsider viewpoint of CA power crisis
From: John Navas
Date: Fri, 25 May 2001 00:01
Date: Fri, 25 May 2001 00:01
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[POSTED TO ba.general - REPLY ON USENET PLEASE] In <3B0D7C41.AD849188@quiotix.com> on Thu, 24 May 2001 14:25:21 -0700, Jeffrey Siegal <jbs@quiotix.com> wrote: >Who said anything about 1/3? People would still see an overall price >increase -- that's inevitable given the tight supply and the general >increase in energy prices (oil and gas prices, even outside California, >are up 100-200% over the past few years) -- but there would be a lot >more conservation than there is now. This would bring supply and demand >back into balance, ... In fact it probably wouldn't. The reason is that demand is relatively inelastic, as shown by the available evidence. Effective conservation comes from greater efficiency, not turning off a few lights. That takes both time and money. And unfortunately, George II has already acted to roll back and/or ignore the benefits of greater efficiency (e.g., air conditioner standards, CAFE). Mostly these higher prices will just enrich providers and middlemen at the expense of consumers. Every bit as dumb as the original "deregulation" plan. -- Best regards, John Navas <http://navasgrp.home.att.net/>
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 10b619,af5e5edc3039a6a2 X-Google-Attributes: gid10b619,public X-Google-Thread: 107d03,af5e5edc3039a6a2 X-Google-Attributes: gid107d03,public X-Google-Thread: f824f,af5e5edc3039a6a2 X-Google-Attributes: gidf824f,public X-Google-ArrivalTime: 2001-05-24 17:01:33 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!newsfeed.google.com!newsfeed.stanford.edu!news-spur1.maxwell.syr.edu!news.maxwell.syr.edu!newsfeed.cwix.com!typhoon.sonic.net!not-for-mail From: John Navas <spamfilter@navasgrp.dublin.ca.us> Newsgroups: sdnet.general,ba.general,la.general Subject: Re: Outsider viewpoint of CA power crisis Organization: The Navas Group, Dublin, CA, USA References: <9e1rc7$gdj$1@slb1.atl.mindspring.net> <3b0558ea.291284937@nntp.cts.com> <3B0567E7.76FB3EF1@quiotix.com> <3b0ccaab.177335270@nntp.cts.com> <3B0D7C41.AD849188@quiotix.com> X-Newsreader: Forte Agent 1.8/32.548 MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Lines: 26 Message-ID: <whhP6.10857$Et2.24467@typhoon.sonic.net> Date: Fri, 25 May 2001 00:01:32 GMT NNTP-Posting-Host: 209.204.185.87 X-Complaints-To: abuse@sonic.net X-Trace: typhoon.sonic.net 990748892 209.204.185.87 (Thu, 24 May 2001 17:01:32 PDT) NNTP-Posting-Date: Thu, 24 May 2001 17:01:32 PDT