FERC Warns of 'Troublesome Conditions' in Calif

[denverbill]

http://story.news.yahoo.com/news?tmpl=story&cid=578&e=8&u=/nm/20040505/ts_nm/utilities_california_dc

WASHINGTON (Reuters) - The head of the Federal Energy Regulatory Commission (news - web sites) on Wednesday said he was concerned about "very troublesome conditions" in California's electricity market and warned of a possible repeat of the state's 2000-01 energy shortage.


<snip>
Well, God forbid FERC do anything to regulate prices and stave off an emergency. They are, after all, only the Federal Energy Regulatory Commission.

[Pale Blue Dot]

1. I don't understand - wasn't it Grey Davis's fault before?

I mean, The Terminator's in there now, so everything should be OK. RIght?

[BeHereNow]

11. No, The Governator isn't here at the moment-

He is in Jordan?
WTF is going on in this country????
Will someone tell me what the fucking
governator was doing in Jordan?
Oh, that's right, he just happened to
have a meeting there, no wait, he was
there to cheer up the cannon fodder,
and just HAPPENED to have meeting in Jordan too.
WTF?
WTF?
WTF?
Did the bankrupt Californians pay for this bullshit parade?
BHN

[GainesT1958]

2. Well, suuure the FERC would do something NOW...

After all, they've got the Gropenator to keep in power!:eyes:

B-)

[qanda]

3. I thought that happened because Davis was the governor

eom

[section321]

4. Let's watch the double standard unfold...

.

[catzies]

5. Yes...

...while we sit in the dark. :mad:

[AlCzervik]

6. For those of us that

live in california that story is just a heads up on rate increases.

[AP]

7. What a coincidence. They elect a governor who likes energy pillaging, and

surprise, "troublesome conditions" arise.

Did a big picture of Arnold's mug pop up on all the computer screens in FERC command central?

[ElsewheresDaughter]

8. whoah ......does davis have a stained blue dress?

[SEpatriot]

9. Regulatory in name only

"Well, God forbid FERC do anything to regulate prices and stave off an emergency. They are, after all, only the Federal Energy Regulatory Commission."

Two words: Pat Wood (or was that Ken Lay)

http://www.truthout.org/docs_01/02.02E.Enron.WH.p.htm

[necso]

10. The electric companies have been running ads...

about how "changes" need to be made and the about the risk of "future" shortages. We are in line for another big screwing.

Promises to be a hot summer too.

[hunter]

12. Memo to FERC--

Arnold isn't the "Terminator." If the fight gets ugly this summer, the people of California are going to turn on Arnold, and it won't be pretty.