ENRON was leverage out of their....when they built the power plant in Dabhol.. and they had no power source.... But, they made big campaign contributions to Dubya . Total screw up . They needed a gas pipeline across Afghanistan. When negotiations with the Taliban broke down we invaded Afghanistan.
California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis
- Thread starter Drop Dead Fred
- Start date
ENRON was leverage out of their....when they built the power plant in Dabhol.. and they had no power source.... But, they made big campaign contributions to Dubya . Total screw up . They needed a gas pipeline across Afghanistan. When negotiations with the Taliban broke down we invaded Afghanistan.
Admiral Rockwell Tory
Diamond Member
That is communism in a nutshell.I have just as much confidence in the California government's ability to properly run the oil refineries as I do in its ability to complete the high speed rail from Los Angeles to San Francisco in time and on budget.
State Regulators Propose Gov't Takeover Of Oil Refineries To Stave Off Energy Crisis
California regulators have proposed a variety of government forays into the petroleum industry in order to combat future energy price surgesdailycaller.com
California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis
August 2, 2024
California regulators have proposed a variety of government intrusions into the petroleum industry in order to combat future energy price surges, according to a report released Thursday by the California Energy Commission (CEC).
As the Golden State continues to pursue its green agenda, the CEC expects some of California’s nine oil refineries to be shuttered due to falling demand, which would give the remaining refineries increased pricing power and raise the possibility of a surge in gas prices, the study concluded. To solve this problem, the commission proposed a variety of government interventions, including expanded regulation on private refineries, the establishment of state-owned refineries and an increase in imports.
“The State of California would purchase and own refineries in the State to manage the supply and price of gasoline,” wrote the study’s authors, with the scope of the initiative ranging from “one refinery to all refineries in the state.”
Communism? Aren't you being a little melodramatic?
Admiral Rockwell Tory
Diamond Member
This is California, not the federal government.
LordBrownTrout
Diamond Member
They're just as bad or worse.
Missouri_Mike
Diamond Member
- Nov 5, 2012
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Not at all. It only starts with refineries, when that fails and the price of food goes up because the state can’t run a refinery they blame the farmers and take the farms. It’s downhill from there.
Missouri_Mike
Diamond Member
- Nov 5, 2012
- 29,726
- 23,586
- 2,405
Nobody in their right mind would base in California right now.
What do farms have to do with refineries?
Toddsterpatriot
Diamond Member
When did California have "public power"?
You know that California's stupid regulations are what allowed Enron to screw them, right?
Dabhol is in India. They were in for 3 billion.
Toddsterpatriot
Diamond Member
Will government gasoline be cheaper?
Toddsterpatriot
Diamond Member
Get back to me after you sober up.
Missouri_Mike
Diamond Member
- Nov 5, 2012
- 29,726
- 23,586
- 2,405
Once the price of fuel increases it causes the price of food to increase. So naturally they will be deemed the next greedy enemy the state should take over. It’s how it’s been done every time. Energy first, food second, media third usually but in Cal that’s already done.
BackAgain
Neutronium Member & truth speaker #StopBrandon
This is a brilliant plan. It’s very well thought out.
What could possibly go wrong?
What could possibly go wrong?
dudmuck
Diamond Member
it was deregulation that allowed enron to become the middleman, then disaster ensued due to enron's corrupt leadership.
Toddsterpatriot
Diamond Member
And how did they **** up the deregulation?
I'm not drinking.. I just don't remember all the details. Seemed to me at the time that the ENRON boys were slap-happy with greed. I think the plant has been operating at a loss for nearly two decades
You must be really insecure.
Try this.
India: Enron's Debacle at Dabhol | corpwatch
Enron's collapse may have begun with the kind of misadventures it engaged in half a world away among the quiet coastal villages of Dabhol, India.
Published by Pacific News Service | By Sandip Roy | Friday, February 8, 2002
Enron's collapse may have begun with the kind of misadventures it engaged in half a world away among the quiet coastal villages of Dabhol, India.
In 1992, the Enron Corp. announced it would build a $3 billion natural-gas power plant in Dabhol in the western state of Maharashtra. The project was to be the poster child of economic liberalization in the country -- the single largest direct foreign investment in India's history.
Instead, Enron in India has been an economic disaster and a human rights nightmare.
From the get-go, the Dabhol project was mired in controversy. Enron worked hand in hand with corrupt Indian politicians and bureaucrats in rushing the project through. Charges filed by an Indian public interest group allege Enron and the Indian company Reliance bribed the Indian petroleum minister in 1992-93 to secure the contract to produce and sell oil and gas from the nearby Panna and Mukta fields to supply the plant.
Toddsterpatriot
Diamond Member
I'm not drinking.. I just don't remember all the details. Seemed to me at the time that the ENRON boys were slap-happy with greed. I think the plant has been operating at a loss for nearly two decades
You must be really insecure.
Try this.
India: Enron's Debacle at DabholIndia: Enron's Debacle at Dabhol | corpwatch
Enron's collapse may have begun with the kind of misadventures it engaged in half a world away among the quiet coastal villages of Dabhol, India.www.corpwatch.org
Published by Pacific News Service | By Sandip Roy | Friday, February 8, 2002
Enron's collapse may have begun with the kind of misadventures it engaged in half a world away among the quiet coastal villages of Dabhol, India.
In 1992, the Enron Corp. announced it would build a $3 billion natural-gas power plant in Dabhol in the western state of Maharashtra. The project was to be the poster child of economic liberalization in the country -- the single largest direct foreign investment in India's history.
Instead, Enron in India has been an economic disaster and a human rights nightmare.
From the get-go, the Dabhol project was mired in controversy. Enron worked hand in hand with corrupt Indian politicians and bureaucrats in rushing the project through. Charges filed by an Indian public interest group allege Enron and the Indian company Reliance bribed the Indian petroleum minister in 1992-93 to secure the contract to produce and sell oil and gas from the nearby Panna and Mukta fields to supply the plant.
I'll wait for you to explain what a powerplant in India has to do with the idiocy
of California government.
The Dabhol plant broke ENRON.
Billiejeens
Diamond Member
- Jun 27, 2019
- 52,596
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So, never.
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