The western wholesale energy markets can use more “yes, buts…” and fewer “hell, nos” if they are ever going to regain investor, regulator and consumer confidence, the head of the Arizona state regulatory commission told a nationally assembled industry teleconference panel.
Buts
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Some Say Eastern Price Spikes Purely ‘Storm Hype’
For several sources there were absolutely no ifs, ands or buts about it: Wednesday’s spikes of about 30 cents to a little more than 40 cents throughout eastern markets were caused by “storm hype,” pure and simple. Although Pacific Northwest and California points participated to a lesser degree in the overall bull market, most of the Rockies and San Juan Basin numbers were moderately softer.
September 19, 2002
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