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Officials had hoped to solve the problem by speeding up construction of new generating plants. | dev33 |
Now, they're finding the state may be building its way out of an electrical problem and into a gas problem. | dev33 |
One official, who has been warning of the danger of reliance on a single fuel, said this week's disruption pointed out the necessity of developing a comprehensive energy policy that recognizes how changes in usage of oil, gas and electricity affect each other. | dev33 |
"We don't just need new generating plants and transmission lines, we may need pipelines, too," said Terry Winter, chief executive officer of the California Independent System Operator, the organization responsible for maintaining adequate electricity supplies. | dev33 |
"You can't look at these things in isolation." | dev33 |
The natural-gas problems surfaced when the local gas-distribution company, San Diego Gas & Electric Co., notified power-plant operators and a handful of industrial users that it would be restricting their gas use by about half. | dev33 |
In California, residential and small businesses have first crack at natural gas, and industrial uses are regarded as secondary, even if they are generating plants. | dev33 |
Dynegy Inc., the Houston-based energy concern that owns some of the older plants that serve San Diego, immediately switched to oil. | dev33 |
But it didn't like doing so; its plants create three times as much pollution when they burn oil and exhaust valuable air-pollution emission credits that power plants here need to operate. | dev33 |
The San Diego units couldn't simply be shut down, because the state was short of power. | dev33 |
Roughly 30% of the state's capacity already was off-line, including many of its nuclear units, as most of those plants are now undergoing repair after being run at capacity limits throughout the summer. | dev33 |
What's more, the gas-pipeline system that feeds San Diego isn't big enough to begin with. | dev33 |
The system was built primarily to serve residential customers and not big power plants. | dev33 |
The problems could persist, off and on, through the winter. | dev33 |
That's because gas-storage levels are down sharply from a year ago throughout the nation, but especially in California, because it ran its gas-fired units so hard last summer. | dev33 |
This time last year, Southern California had 87 billion cubic feet of gas in storage. | dev33 |
Now, it's roughly 50 billion cubic feet, or 43% less. | dev33 |
Prices also have moved up sharply, from roughly $2.50 a million British thermal units to around $8 this week. | dev33 |
Nationally, storage levels are down about 8% from a year ago. | dev33 |
"Gas is trading higher in California than anywhere else in the nation," said John Lavorato, chief operating officer of Enron North America, a unit of Enron Corp. of Houston. | dev33 |
But he said they're headed up in the Northeast, based on cold weather forecast for the next 10 days to two weeks. | dev33 |
High prices for fuel also push up prices for the end product, electricity. | dev33 |
In California the average price for electricity to be delivered Thursday was $228 per megawatt hour. | dev33 |
That's double the price a week ago and five times the price a year earlier. | dev33 |
Lisa: Sorry, but Joseph's gone on vacation for the week. | dev33 |
I think that the size of the group is going to require that we do this offsite. | dev33 |
We use the "Park Hyatt" in San Francisco. | dev33 |
Could you check with Paul and let him know that I think that we need to go offsite, given the size of the crowd, and if he agrees, could you go ahead and check into getting a room at the Park Hyatt? | dev33 |
As always, I'm greatly indebted. | dev33 |
If there are any problems, or if you have any questions, don't hesitate to give me a call. | dev33 |
Best, Jeff | dev33 |
Dear LYSA: I can only apologize profusely. | dev33 |
Profuse apologies, Jeff | dev33 |
In case you didn't get the information in my first email, my name is JeffDasovich and I'm in the Evening MBA program. | dev33 |
cc: Subject: Registration Confirmation: Larry Summers on 12/6 at 1:45pm (was Re: At 03:42 PM 11/15/00 -0600, you wrote: I would like to attend the event with Secretary Summers. PLEASE READ THE FOLLOWING ANNOUNCEMENT CAREFULLY Thank you for your interest in attending the program at the Haas School ofBusiness featuring United States Secretary of the Treasury Larry Summers. Secretary Summers will be at the Haas School on Wednesday December 6, 2000 as part of the 2000-2001 Haas Business Faculty Research Dialogue. His speechwill take place in the Haas School,s Arthur Andersen Auditorium at 1:45pSecretary Summers will talk about his experiences as a primary shaper of U.economic policy during the past eight years, first as Robert Rubin,s depin the first Clinton Administration and later replacing Rubin as Secretary of the Treasury. Secretary Summers will also talk about the prospects for continued growth in the U.S. economy under the next presidential administration. All seats for the program on Wednesday December 6, 2000 will be allocated oa first-come, first served basis and seating will be limited. All Haas School faculty and students are being requested to reserve a seat in the Auditorium by sending an email to researchdialogue@haas.berkeley.edu by Monday November 20, as you have done. All emailed requests should include a full name as well as Haas School affiliation/class. After November 20, seats will be made available to other members of the UC Berkeley community. Therefore, please remind your colleagues to send their requests soon to guarantee their seating in the Auditorium. If you have qualified for a seat in the Auditorium for the program with Secretary of the Treasury Larry Summers, you will receive confirmation byemail no later than Monday November 27. If you were not able to get a seatin the Auditorium, you will receive notification about how you may be able to view the program via simulcast. If you have additional questions about theprogram, please contact Pam Gleason in the Dean,s Office at 510-643-2027| | dev33 |
got the message. | dev33 |
in a word: i love you. | dev33 |
thanks. | dev33 |
(is there an alternative to reviews?) best, | dev33 |
Annette: Here are Jackie's cover letter and resume. | dev33 |
Thanks very much for you help. | dev33 |
Hope it's not a bother. | dev33 |
Best, Jeff | dev33 |
Glad to hear it. | dev33 |
On the down side, it appears that I won't get you that email I promised until tomorrow. | dev33 |
If that's totally unacceptable, let me know. | dev33 |
Best, Jeff | dev33 |
I think that it would be bad if Nancy had to cook her own birthday dinner..... | dev33 |
I'm going to try my darnedest to get down there before the month's out. | dev33 |
I'll let you know. | dev33 |
Best, Jeff | dev33 |
Delaney: Here's an electronic copy of my presentation. | dev33 |
Thanks for inviting me. | dev33 |
Hope it was useful. | dev33 |
Best, Jeff | dev33 |
We're all over it. | dev33 |
he lives. | dev33 |
thanks. | dev33 |
(no "t" in my last name.) Best, Jeff P.S. | dev33 |
when will we know, and who will win? | dev33 |
Thank you. | dev33 |
where the heck are you? | dev33 |
Can you translate this for me? | dev33 |
FYI. | dev33 |
I'd like to renew. | dev33 |
when you find a minute give a call re: message from Sandi. | dev33 |
No rush. | dev33 |
Best, Jeff | dev33 |
why's the market keeping us at 80? | dev33 |
hey darlin' (that's Texas talk). | dev33 |
how are ya? | dev33 |
so good to hear from you. | dev33 |
hear you and JC are landed gentry over there in berkeley. | dev33 |
next thing you know, you'll be complaining about homeless people and how they're bringing property values down. | dev33 |
(tee hee) love to see you guys some time. | dev33 |
what about this godfersaken election???? | dev33 |
if you have a copy of the Berkeleyan, I'd love to get one. | dev33 |
My address is: Jeff Enron Corp 101 California St., Suite 1950 SF, CA 94111 How's the Chancelor? | dev33 |
Hugs and kisses, Jeff | dev33 |
Eldon: If you're willing to get the stuff necessary to make this menu, I'm willing to act as "sous-chef" to Cameron to help make it. | dev33 |
Just don' t seem right to have Nancy cook on her birthday. | dev33 |
you'll be hearing from me soon. | dev33 |
LOVE to get together over the holidays. | dev33 |
(everyone from berkeley moved to noe valley---really ruined the place.) give john a big hug. | dev33 |
Thanks for hosting, Kim. | dev33 |
Jackie mentioned the list of tasks that remain to get this done (e.g., graphs, make spreadsheet pretty, write-up, etc.). | dev33 |
I'lll do whatever needs to be done, so once folks have picked which task they'd like to take on, just let me know what's left. | dev33 |
Or if there's another way folks would like to divvy up the chores, that's great, too. | dev33 |
Have a great weekend. | dev33 |
See you Monday. | dev33 |
Jackie, could you email the latest version around when you get a chance? | dev33 |
Thanks. | dev33 |
Best, Jeff | dev33 |
I'm oozing with free time. | dev33 |
Monday sounds great. | dev33 |
Thanks. | dev33 |
Sure Sue has filled you in, but just to be certain, my understanding is that Dan Douglas, attorney for WPTF, is going to meet with the AG (not sure when) in an attempt to narrow the scope of the subpoena. | dev33 |
Dan also plans to begin drafting responses to the subpeona. | dev33 |
Since we are a member of WPTF and therefore presumably covered by the subpoena, seems important that our attorney's coordinate with Dan. | dev33 |
Sue, if I've mangled anything, let me know. | dev33 |
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