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No. of Recommendations: 4
Whenever any money is made, the first words out of everybody's mouth is "GREED!" Those individuals who say such ignorant things have obviously never taken an Economics class. High prices occur when demand is greater than supply. Because no new power plants have been built in over a decade as energy usage has soared in the state of California, high prices have naturally occurred. (The fact that the state of California also prevented utility companies from entering long-term contracts - thus requiring companies to buy energy on the spot market - hasn't helped.)

http://www.rppi.org/electricity/ebrief011001.html
http://fireboards.fool.com/Message.asp?mid=15009520
http://fireboards.fool.com/Message.asp?mid=14635624
http://www.townhall.com/columnists/anncoulter/printac20010202.shtml

Take care and God bless,
Spriteman
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