Posted on 05/27/2003 2:38:40 PM PDT by Ernest_at_the_Beach
Edited on 04/14/2004 10:06:04 PM PDT by Jim Robinson. [history]
If price-gouging traders and producers aren't forced to pay, smaller states may balk at deregulating their power markets.
SACRAMENTO
(Excerpt) Read more at 2.ocregister.com ...
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All anyone has to do is look to Texas to see what deregulation will do. My bill last month was about $150 less than what I paid exactly one year ago.
The current chairman of FERC was the driving force behind Texas deregulation, and he wants to take it national.
If y'all don't want lower bills, y'all should favor the Gray Davis approach to electricity markets.
A reminder to all not familiar with this fiasco. Davis encourged power suppliers to game the system. Davis authorized his own regulators to enter into the gaming. Davis refused to say no to the suppliers when even a third grader knew something was wrong.
The power fiasco the began in late 2000 is almost 100% the responsibility of the Davis administration and for him to now screech "foul" with his finger wagging in the direction of the suppliers is the height of absurdity.
Count me in as the first person to vote yes to remove Davis in the upcomming recall election
Yeah, when.
Not one instance of price gouging has ever been proven in court. Just the accusation is sufficient, apparently.
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