Tom Keunich
From: Tom Kunich (cyclintom@yahoo.com)
Subject: Re: Lift Up The Rock....
Newsgroups: rec.bicycles.racing
Date: 2004-05-01 14:01:54 PST
>
> The California power shortage was caused NOT by power
> provider collusion but because the state demanded that
> power providers SHUT DOWN their facilities for preventive
> maintenance despite the fact that the generating companies
> wanted to keep the facilities in operation during the
> hottest (and most profitable) time of the year and then do
> the delayed PM after the summer heat peak. This was
> absolutely denied by California officials and the
> generation plants had it in writing.
As always, Tom Kunich is right on the money.
The excerpt below is taken from the article at:
http://news.bbc.co.uk/1/hi/business/3770757.stm
Enron 'cashed in on power crisis'
CBS says Enron attempted to stop the release of the tapes
Collapsed energy trader Enron is at the centre of
allegations that it tried to manipulate electricity prices
during California's energy crisis. CBS News has aired tapes
of Enron employees apparently discussing plans to shut down
power plants as blackouts pushed local energy prices higher.
California was hit by a series of power cuts in 2000-2001
following the deregulation the energy industry.
CBS says the tapes are of workers from Enron's West Coast
trading desk.
During one recording, an Enron employee is heard saying:
"If you took down the steamer, how long would it take to
get it back up?"
A second Enron worker says: "Oh, it' s not something you
want to just be turning on and off every hour. Let's put it
that way."
The first employee replies: "Well, why don't you just go
ahead and shut her down?"
CBS said the tapes were obtained from the US Justice
Department by officials from the Snohomish Public Utility
District, close to Seattle.
The utility is currently trying to retrieve money from
Enron, which filed for bankruptcy in 2001 after revealing it
had been inflating its profits.
In another section of the tapes, an Enron employee says:
"They're taking all the money back from you guys? All the
money you guys stole from those poor grandmothers in
California?"
"Now she wants her money back for all the power you've
charged right up, jammed right up her **** for $250 a
megawatt hour."
The tapes also reveal Enron workers discussing Mr Lay's
prospects under a Bush administration
"I'd love to see Ken Lay Secretary of Energy," one
worker says.
CBS said the Justice Department and Enron had both tried to
prevent the release of these tapes.
Subject: Re: Lift Up The Rock....
Newsgroups: rec.bicycles.racing
Date: 2004-05-01 14:01:54 PST
>
> The California power shortage was caused NOT by power
> provider collusion but because the state demanded that
> power providers SHUT DOWN their facilities for preventive
> maintenance despite the fact that the generating companies
> wanted to keep the facilities in operation during the
> hottest (and most profitable) time of the year and then do
> the delayed PM after the summer heat peak. This was
> absolutely denied by California officials and the
> generation plants had it in writing.
As always, Tom Kunich is right on the money.
The excerpt below is taken from the article at:
http://news.bbc.co.uk/1/hi/business/3770757.stm
Enron 'cashed in on power crisis'
CBS says Enron attempted to stop the release of the tapes
Collapsed energy trader Enron is at the centre of
allegations that it tried to manipulate electricity prices
during California's energy crisis. CBS News has aired tapes
of Enron employees apparently discussing plans to shut down
power plants as blackouts pushed local energy prices higher.
California was hit by a series of power cuts in 2000-2001
following the deregulation the energy industry.
CBS says the tapes are of workers from Enron's West Coast
trading desk.
During one recording, an Enron employee is heard saying:
"If you took down the steamer, how long would it take to
get it back up?"
A second Enron worker says: "Oh, it' s not something you
want to just be turning on and off every hour. Let's put it
that way."
The first employee replies: "Well, why don't you just go
ahead and shut her down?"
CBS said the tapes were obtained from the US Justice
Department by officials from the Snohomish Public Utility
District, close to Seattle.
The utility is currently trying to retrieve money from
Enron, which filed for bankruptcy in 2001 after revealing it
had been inflating its profits.
In another section of the tapes, an Enron employee says:
"They're taking all the money back from you guys? All the
money you guys stole from those poor grandmothers in
California?"
"Now she wants her money back for all the power you've
charged right up, jammed right up her **** for $250 a
megawatt hour."
The tapes also reveal Enron workers discussing Mr Lay's
prospects under a Bush administration
"I'd love to see Ken Lay Secretary of Energy," one
worker says.
CBS said the Justice Department and Enron had both tried to
prevent the release of these tapes.
















