At 10:49 AM 1/21/01 -0800, you wrote:
>But the natural gas shortage has nothing to do with the California crisis
>which has supposedly been brought about by a freeze in the price of
>electricity when the industry was deregulated a few years ago.
An additional major problem, however, is that distributors are prohibited
from entering into long-term contracts with suppliers. This leaves them
at at the mercy of spot fluctuations in price.
JDG
P.S. This neglects, of course, the fact that CA has the lowest number of
power plants per capita in the US - or the very long time it has been since
CA has built a new power plant.
__________________________________________________________
John D. Giorgis - [EMAIL PROTECTED] - ICQ
#3527685
"Never tiring, never yielding, never finishing, we renew that purpose today:
to make our country more just and generous; to affirm the dignity of
our lives and every life." - George W. Bush Inaugural Address 1/20/01
