Chapter 1429: Power vacuum


Since there is no power to change anything, the best choice is naturally to sit on the sidelines. Of course, it is also very important to understand the push behind this. William White couldn't believe that a few unremarkable small characters could actually play such a big situation.
"Um, William, are you saying that there is no possibility of redemption of this matter?" With the recount of Florida's curtain coming to an end, Bush's identity was finally determined. Excited inexplicably, he discovered that the moths made by the donkeys before now need him to fill the hole.
"George, they asked for this. I have never encountered such a strange thing. To be honest, I have not gone bankrupt until now. This is completely God bless."
Xiao Busu was totally unacceptable to this answer. Donkeys are very strong in California, and now that such a thing has happened, of course it should be conquered.
Of course, Lao Ke is a lame duck, but you can't cross it. He had a good idea. After he took the position, this trouble should be over. Even if there was anything, it would not be the pot of his class.
Unfortunately, according to the briefing just obtained, Pacific Gas Power intends to go bankrupt.
Uh, you don't care about everything when you lie down here, but it doesn't end there. Should there be no electricity or no electricity, no gas or no gas.
"William, do you know what the price of $300 per MWh means?
My God, what a ridiculous price this is. "
William White certainly knows the absurdity, which is basically more than ten times the price of electricity in Texas. That is to say, there are not many industries in California. This kind of electricity price is a plunder for ordinary residents, and for industrial and mining enterprises, it is basically equivalent to murder.
"So, George, come and tell me what are you going to do now?
By the way, Grey Davis told me yesterday that the Federal Energy Regulatory Commission dismissed California's complaint. Do you know that, for the current electricity bill, my taxi shop needs to consider power cuts. "
Although this guy is just talking about it, how much you can use a store can only reduce profits. Or, the price of frozen foods and beverages will increase appropriately.
But these are not important. The important thing is that William White told the future boss of the United States that it is not so simple. Such simple price control has become a manifestation of marketization in the Federal Energy Regulatory Commission.
The most outrageous thing is that the Ministry of Justice has turned a blind eye to it.
"What? Is Patawood crazy or stupid?" Little Busu's question obviously won't have any answer. William White knows that this guy can sit in this position, it can be said that it is Kenneth Lay's hand, and this great is the CEO of Enron.
Have you seen it, there is a story in it!
First of all, industrial securitization is Enron's first play. And this Pacific Gas obviously intends to follow suit.
In An Ran's eyes, you are impatient to live. Isn’t it okay to dance on the platform I built? You dare to start anew. If everyone followed suit, my life would not pass.
Since you want to die, I'm embarrassed, buddy will give you a ride.
Bush knew that William White did not say the most critical content. Because it is not necessary. If you understand, you should pretend to be a fool. If you don’t understand, you will continue to not understand.
There is no way to say, the amount of power involved in such a behemoth as Enron is simply unimaginable.
Electricity prices can be hyped like stocks. William White really doesn't know what to say about the magical brain circuits of these bastards.
In the future, if normality can be established, you will find a very strange scene, where the electricity price is low, it does not matter if the air conditioner is turned on 24 hours a day, and where the electricity price is expensive, it is best to use candles. Because when you are using electricity, you can definitely hear the sound of gold coins falling from your pocket.
William White finally understood how the bubble that Enron grew against the trend was blowing. General Electric, a company whose market value is much higher than that of Enron, had a profit of only about 10 billion in 1999.
But what about Enron?
Afterwards, statistics showed that in less than a year, California was robbed of US$20 billion. Among them, Enron has benefited more than 70%.
It's just a business, which directly rubbed General Electric on the ground. If you count other profits, it seems that a trillion valuation is not impossible.
Other companies are making money, and this product is directly grabbing money. In this process, all US regulatory agencies are collectively absent.
You see, this is why William White can be sure that as long as the Department of Justice comes to trouble him, it must be the intervention of external forces.
Otherwise, it is impossible. The influence of William White is definitely not comparable to that of Enron.
You see, it's just a game console. The Ministry of Justice is so idle and painful that it can only remember to investigate what monopoly.
But the protagonist was replaced by Enron. From Peanutton to Wall Street, apart from the outrage of the California governor and some congressmen, all other forces and people suddenly turned into mud-carved wood sculptures.
Game consoles, do you think that a single company will reduce market competition. The of Legendary World will eventually sell this thing for a sky-high price.
To be honest, do you believe it yourself?
What is the current situation?
The price and cost of game consoles are upside-down. Without those popular game software, Nima would have vomited blood.
Of course, William White is not a good bird. In this incident, he has benefited a lot, if not, the poisonous tongue of this fellow has let anyone go.
Ignoring Bush's entanglement, William White knew very well that as an old oil family, he knew Enron too well.
Come to think of it, this guy is his lips, but it won't fall into place. Unless, unless he intends to learn from his father.
Hmph, what about the president? If you don’t know the current affairs, let’s not say you can’t see the sun tomorrow. At the very least, your election in four years’ time will definitely not have any good results.
Otherwise, Lao Ke, who was staying at Peanutton, was obviously a little restless. The lame duck returns to the lame duck. The black pot of this matter, who ultimately needs to bear the consequences, is definitely Clinton.
Little Busu doesn't need to express any opinions. If his time comes out to say anything, it will inevitably cause a backlash. You are the president sooner or later, can it be said that you can't wait for this month.
Procrastination, except kicking the ball is procrastination, other than that, he really can do nothing. Looking at the portrait in the hall, Lao Ke felt painful as long as he looked at the blue dress under his feet.
However, if he intervenes in the California energy crisis at this time, he will definitely not have too much of his retirement life without even thinking about it.
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