Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.
From Kenneth Lay
We use competitive markets to arrange for delivery of our food supply.
The problems in California have been that it's been very difficult to site and build new power plants.
Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.
You'll have lower prices under deregulation than you will through regulation.
We see ourselves as first helping to open up markets to competition.
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