Yesterday, the Albuquerque Journal's Sunday Editorial on the Iraq war was down to earth, realistic and logical. Every once in a while I marvel at how good some of their opinion pieces can be. (Every once in a while.)
But then they do it again today with their Editorial on PNM and the reality of that companies precarious business position right now. PNM, which has not had a rate increase in 20 years, needs to up its rates. Political posturing PRC members, aspiring Mayor candidates in Albuquerque, and others have been ranting that this shouldn't ever happen. Get real. It has to happen or some large conglomerate will buy up PNM and then watch what happens. Along with that I will say PNM has to get real too and tell the people who are building that Pinon Tree burning power plant in Estancia that they wont buy their power.
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