Posted on 03/14/2002 10:38:12 PM PST by Ernest_at_the_Beach
Edited on 04/12/2004 2:10:05 PM PDT by Jim Robinson. [history]
WASHINGTON -- Members of the Federal Energy Regulatory Commission voiced concerns about California's energy future Wednesday after hearing a staff report that little has changed since the brownouts of a year ago except for two favorable factors beyond the state's control: the economy and the weather.
(Excerpt) Read more at fresnobee.com ...
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Thanks for the post and your long efforts.
Warmest Regards,
Sean, from Newport Bch.
It would be nice if the crap hits the fan (again) sometime between Labour Day and Halloween. This doofus has got to get some experience in the private sector.
Gov Davis and the Democratically controlled legislature should be so proud. Oh, wait a minute, what will the the bond rating folks say? Will the bond rating folks say, nothing has structurally changed from when the state went into debt to the tune of $12+billion except the weather and the economy, so repayment of state bonds should be just fine?? No they are not likely to say that. Will the rating agencies realize that the high natural gas prices are gone, yes. Will California need to say they are going to do something structural and also show that there is a secure revenue repayment stream? Probably, if California is serious about issuing bonds at a reasonable price.
Gray Davis has NOT solved the problem, and he's actually making it worse. It's no wonder that power generators are cancelling plans to build plants. Davis has made California the most inhospitable place for power producers to be.
He still hasn't rescinded his declaration of emergency from last year when he was threatening to seize plants. He's still suing the producers. He's still trying to kill any last vestiges of deregulation.
Meanwhile, California's population continues to skyrocket to 46,801,900 in 2025, an increase of 38.2 percent above the state's population in 2000.
These folks will want to use some electricity, and Davis is driving the producers to other states. If you don't see a disaster coming, you ain't looking.
However, I hope not!
I'm actually hoping for it. It will lend more urgency to opening up ANWR for drilling.
Anything that results in greater domestic energy production is good news
God Save America (Please)
Davis can only bite the hand that feeds him so often.
You mean..that.......grey out is a....liar?????
Ole' motel 6 Davis........this is gonna be fun to watch
I have posting for months that the recession in California caused by Davis/Clintoon and the gas prices last year have closed businesses all over Kali. and many are on reduced hours. Closed businesses and reduced hour businesses don't use a lot of electricity. This and the cooler weather reduced a lot of blackouts that would have happened last year.
The production on many new power plants has been stopped or is advancing on a slow level. Who would want to invest massive amounts of money in a Fascist State controlled by the insane Herr Davis and his tax/spend anti business socialists in the legislature?
Does anyone want to buy any of Herr Davis's stupid bonds to pay for our free lunches of electricity used in 2001?
In fact is anything even going on with Herr Davis's bond nightmare?
Herr Davis's insane responses and actions this past week in San Diego at the local newspaper show that this insane Fascist is like Captain Queeg on his last legs!
Retire Davis in 2002 and elect Simon. Then have a grand jury investigate Davis for the crimes he and his thugs have committed in 2000/2001. Then indict, try and convict Davis.
Then let Davis and Condidit be cell mates for the next 30 years!
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