Re: W. on the Environment L3

[Doug Pensinger]

Dan Minette wrote:
> 
> I'm going to answer one part of this very quickly:
> Doug wrote:
> 
> >But who would have listed anyway?  In general people don't know whether or
> not buying energy on
> > the spot market is a good or bad thing, that's normally the kind of
> minutia
> > that you expect the experts to deal with
> 
> This line absolutely blew me away.  I may be way off base, but I'm shocked
> that the implications of buying on the spot market aren't obvious. It
> accentuates the effects of supply and demand on prices: because its the
> marginal supplies.  Plus, the higher cost won't lower demand, because it
> isn't passed on.  As far as I can see, that's just ecconomics 101.
> 

OK so it's dumb.  But my point is that very few people out here watching the
Energy Channel (tm).

Doug