InvestorsHub Logo
Followers 14
Posts 3803
Boards Moderated 1
Alias Born 07/07/2002

Re: None

Friday, 11/09/2018 12:41:37 PM

Friday, November 09, 2018 12:41:37 PM

Post# of 29294
PCG - getting killed again because of suspected high voltage wire as cause of major norcal fire. We are suppose to be past fire season (Oct) but conditions have been dry and windy. This will be a major problem for all the electric utilities out on the west as the dry/hot season extend later. Ocean temp higher than usual too so rain should come if the jet stream moves. Problem is Jet stream has become more and more slow moving with each year whether it's been la nina or el nino. Right now it is neutral.

Brown signed law passing cost of high voltage caused fires to payers, rightly so.

https://www.usnews.com/news/best-states/california/articles/2018-09-21/new-california-law-helps-utilities-with-wildfire-lawsuits

Attempting to sell a few puts.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.