[Ernest_at_the_Beach]

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[Robert357]

about California's energy future...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..

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.

[survivalforum.com]

Just remember that Pres Bush stated one year ago that this country is heading for a major power crisis. Then came the Enron fiasco. Then came the Sept 11 attacks. Then came the economic downturns. Then came the DROUGHTS which can effect infrastructure.

It appears to me that there will be some very serious issues over the next few months heading into summer.

However, I hope not!

Franklin

[Dog Gone]

Well, it's nice to see FERC say what those of us who have been closely following this have been saying.

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He still hasn't rescinded his declaration of emergency from last year when he was threatening to seize plants.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.