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"Railroads can't maintain pace of coal demand"

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[quote user="Datafever"][quote user="futuremodal"][quote user="TheAntiGates"] The name of that pantload was "deregulation" in california, and we know now how well that "deal so good that we dare not waste time with skeptcism" turned out for everyone.  My typical season high monthly bill went from $135/mo to over $350. [/quote]First of all, the "pantload" to which you most elegantly refer was not true dereg, it was partial dereg.  It was created by a bunch of *well meaning* liberals who thought that it was perfectly logical to dereg the supply side of the energy markets, but not the demand (read:  consumer) side of the market.  Meanwhile, newer and stricter eco rules put the kabosh on building new power plants.  When the inevitable lack of new power sources finally caught up with the eco-apologists during the all time spike in electric demand, the consumer rates that should have gone up due to the supply/demand constraints didn't, so there was no price incentive for consumers to reduce energy usage.  Eventually, all the Cal utilities went predictably bankrupt, as they were buying merchant priced power at up to $100 mw, but selling it at the regulated consumer rate around $25 to $35 mw.[/quote]Well, it would appear as though you just proved AG's point for him.  I.e. deregulation was not capable of reducing the rates.  Shown by your own facts that since rates were not allowed to rise, the system ended up collapsing.  Which is to say that the polotico promises were nothing but hot air.  Which justifies AG's scepticism. [/quote]Careful with your wording!  There's a black and white difference between "deregulation" and "partial deregulation".  Kind of like the difference between the California energy snafu and the Texas dereg success.The bottom line is this:  What do you get when you mate liberal politicians (yes, AG, like Pete Wilson) with corporate bigwigs?Answer:  The California partial energy dereg scheme.
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