What a Circle, What a Racket!!
Page 4
Isn't the cost of drilling new wells part of the normal activities necessary for a natural gas company to operate? Shouldn't it be looked upon as a normal cost of operation? Why should consumers be charged because gas company officials failed to look ahead and do their job? As a public utility, are they not suppose to provide natural gas as economically and as efficiently as possible?
Public Utilities"A public utility is a business considered so important to the public welfare that it is subjected to some form of GOVERNMENT REGULATION or ownership. Often the business is a natural monopoly, meaning that efficiency requires a single company (a monopoly) or, at most, relatively few companies in the industry. |
Although the natural gas industry once was a natural monopoly, this is not necessarily the case today because of Deregulation. Perhaps this is where part of the problem is.
Of course, one fact that is rarely discussed in the media is the fact that there is very little hard industry left in the United States to help subsidize power and natural gas. This is obviously because of NAFTA, GATT, WTO, and other unfair Free Trade practices. Again, the cost of power generation falls more squarely on the residential customer--you and I.
No, most of us experienced price increases, which was entirely counter to what they were suppose to do. Why? Perhaps it was the fact that deregulation was no longer necessary. If you recall, this is when they left MCI and others into the long distance market. Hummm...
Of course, there is far more to the AT&T story than the public was told. Those who don't know what went on behind the scenes should click HERE to read about it. This will open up a small window at the top of your screen.
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I'm not an expert here, so please lend me your opinion--Is there something wrong with this picture (my e-mail, and thank you)? Perhaps there is another reason for all of this. Please click HERE to learn about it.
| Editor's Note: Permission is granted to reproduce this or any of the other articles and commentaries that appear on this web site, providing they appear in their entirety with the author's name, e-mail address, and www.GiantKillers.Org included. Thank you. --Al Colombo |
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