Subject:
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Re: Rolling Blackouts
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Wed, 9 May 2001 19:00:26 GMT
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Viewed:
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484 times
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In lugnet.off-topic.debate, James Simpson writes:
> In lugnet.off-topic.debate, James Simpson writes:
> > In lugnet.off-topic.debate, Mark Sandlin writes:
> > > in article GD1J6y.EFL@lugnet.com, Scott Costello wrote:
> > >
> > > > Our idiot govenor Gray Davis has done nothing but spend
> > > > one billion dollars to buy power, this is the equivelant of puting a
> > > > band-aid on a bazooka wound.
> > >
> > > One of the places it's being bought from is Washington State. As a result.
> > > my power bill is almost double what it was at this time last year. :^P
> > > Meanwhile, the local power companies are asking us to conserve (so they can
> > > sell our power to CA)
> >
> > Its all corporate graft. Here in Houston (home of Enron, which has been
> > fighting a court order to sell power to California), our energy costs are
> > expected to triple this summer. Why? Even in August, Texas' month of peak
> > demand, our energy production is 25% higher than demand. These corporate
> > pirates use the California energy crisis as an excuse to rape local • consumers.
> > The news recently reported that the CEO of Enron earned a $7 million bonus • for
> > last fiscal year. $7 million, yet my energy bill is going to triple?! It's
> > still a rich man's world.
> >
> > james
>
> Forgive me for adding an adendum to my own post, but as I was driving back to
> work from my lunch hour a few minutes ago, it just occured to me that, yes,
> Enron really *is* building a twin for its existing skyscraper downtown. Yes, • we
> have to triple consumer's electricity bills, No, we can't afford to sell to
> California, but Yes, our CEO does deserve a $7 million bonus, and Yes, we • really
> do need a 2nd skyscraper. I guess skyscrapers are kind of like LD bulk orders;
> there's always room in the budget for one more when you just *have* to have • it.
>
> james
I read an article about Texas power in the WSJ this week. According to the
article Texas has made a delibert effort to not be connected to the inter-state
power grid. Not being connected means that they do not have to be regulated by
the fedral government. This means that for example, Texas could not be forced
to sell electricity to California at below market (and maybe cost) or on credit
to a state that is unlikely to pay any time soon. Both of these happened to
other states. As for increasing rates, Texas has excess generating capacity but
it still has to pay the same fuel costs as everybody else, and its is fuel
costs that are increasing. Profits may be up due to revenue volume. If you
charge a fixed mark-up over cost and costs go up then prices go up and so do
gross profits.
Lester
PS: Ironically I went home early yesterday because of a blackout at work in Ann
Arbor MI. A transformer blew and cascaded to one or two more.
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Message is in Reply To:
 | | Re: Rolling Blackouts
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| (...) Forgive me for adding an adendum to my own post, but as I was driving back to work from my lunch hour a few minutes ago, it just occured to me that, yes, Enron really *is* building a twin for its existing skyscraper downtown. Yes, we have to (...) (24 years ago, 9-May-01, to lugnet.off-topic.debate)
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