Message-ID: <10046264.1075857829612.JavaMail.evans@thyme> Date: Mon, 22 Jan 2001 07:30:00 -0800 (PST) From: kevin.ruscitti@enron.com To: brilowery@aol.com Subject: Re: Energy Crisis Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Kevin Ruscitti X-To: BriLowery@aol.com @ ENRON X-cc: X-bcc: X-Folder: \Kevin_Ruscitti_Jun2001\Notes Folders\All documents X-Origin: Ruscitti-K X-FileName: kruscit.nsf Mr. B. Lowery, First of all, you sent me a picture with the head cut off. I couldn't even see Kendall. I don't know if something happened with the translation of the file, but try to send it again if you can. In regards to California's energy crisis, I think that California is screwed - big time. I think it has the potential to cripple the state's economy. If, like you said, noone really talks about it much in SoCal, I would bet that will change soon. It has the potential to affect every person in the state. Not only will consumers end up bailing out the utilities - SoCal Edison, San Diego, Gas and Electric, PG&E - but it will likely prevent many new companies from setting up shop in California. After all, who would want to put millions of dollars in an operation that will be subject to power interruptions while paying the highest utility bills in the country. I think that the only way California will come out of this OK, is if it has the least energy intensive weather for the foreseeable future. I don't think this is a problem that will be resolved within the next couple years. But remember, that is just my meaningless opinion. When do you start coming to Texas. Let me know so we can try to hook up. I'll talk to you soon. Kevin