[Date Prev][Date Next]
[cdn-nucl-l] Sellers manipulated the market to increase prices
----- Original Message -----
From: Bernard L Cohen <firstname.lastname@example.org>
To: Multiple recipients of list ans-pie <email@example.com>
Sent: Monday, November 27, 2000 11:01 AM
Subject: Re: Energy Looking Glass 2000nov22 Sellers manipulated the market
> > SAN FRANCISCO California regulators found evidence that power sellers
> > the state manipulated the market to boost wholesale electricity prices.
> > Power sellers operated "in ways that are designed to increase market
> > prices,", PUC President Loretta Lunch said in a statement.
> --If people want deregulation, they should expect such things.
> That is the way free markets operate. You can't expect to get the benefits
> of free market and the benefits of regulation both.