Energy

State auditor is critical of energy deals

December 21, 2001  ·  Consumer Watchdog

<h3>Assessment says consumers could be stuck for billions</h3><p class="source">The San Francisco Chronicle</p> <p>Gov. Gray Davis and California energy officials spent too much on long-term power contracts that also leave the state vulnerable to electricity shortages during peak demand times, the California state auditor said yesterday.</p>

Audit slams weaknesses in state’s power purchases

December 21, 2001  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>In their rush to sign $42.6 billion in long-term electricity contracts earlier this year, California authorities failed to adequately protect consumers against price spikes and blackouts, the state auditor reported Thursday.</p>

Enron’s California customers analyze their power options

December 20, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>The roughly 40,000 California customers of fallen energy giant Enron Corp. are in a pickle.</p>

Utility commissioner pleads case in stock deal

December 18, 2001  ·  Consumer Watchdog

<h3>PUC official pleads case in stock deal</h3><p class="source">San Francisco Chronicle</p> <p>Fending off a suit to remove him from office, one of the state's top utility commissioners testified yesterday that he had no idea investing $27, 000 in a mobile-phone company violated state law until a Chronicle reporter asked him about it 15 months lat</p>

Utility commissioner pleads case in stock deal

December 18, 2001  ·  Consumer Watchdog

<p class="source">The San Francisco Chronicle</p> <p>Fending off a suit to remove him from office, one of the state's top utility commissioners testified yesterday that he had no idea investing $27,000 in a mobile-phone company violated state law until a Chronicle reporter asked him about it 15 months late</p>

California utility commissioner said he didn’t know commission regulates wireless companies

December 18, 2001  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>A member of the California Public Utilities Commission who invested $10,000 in one of the nation's largest wireless communications companies said he did not know the PUC regulated the industry.</p>

Nightly Business Report

December 14, 2001  ·  Consumer Watchdog

<h3>(Partial Transcript)</h3><p class="source">Community Television Foundation of South Florida</p> <p>Well, what a difference a year makes. In California a year ago, electricity prices were soaring, supplies were dropping and the state was hit with rolling blackouts.</p>

Analysis: New calls for ‘re-regulation’

December 4, 2001  ·  Consumer Watchdog

<p class="source">United Press International</p> <p>Enron's dramatic plunge into bankruptcy this week has stirred up visceral emotions over more than just the images of hundreds of employees at Enron's Houston headquarters being cashiered just in time for Christmas.</p>

DEREGULATION: The collapse of Enron

December 3, 2001  ·  Consumer Watchdog

<h3>Collapse will not halt pressure for change</h3><p class="source">Financial Times (London)</p> <p>Enron's collapse is unlikely to reverse the steady march towards a deregulated US electricity market, but it provides new ammunition for opponents who fear that consumers will get crushed by energy giants.</p>

Some feel in dark on power crisis after utility backs holiday lighting

December 2, 2001  ·  Consumer Watchdog

<p class="source">The Fresno Bee</p> <p>One issue on the street this holiday season seems something like belief in the anti-Santa. Do you or did you believe ardently enough in the energy crisis to go without Christmas lights?</p>

Enron Gets Zapped by Its Own Greed

November 30, 2001  ·  Consumer Watchdog

<p class="source"> <em>Los Angeles Times </em>- Op-Ed</p>

Enron Gets Zapped by Its Own Greed

November 30, 2001  ·  Consumer Watchdog

<!-- excerpt --><p>When stock of energy giant Enron fell to 36 cents per share this week from a high of $84 this year, the market finally accepted the reality that the company--a middleman whose main business was not producing or delivering power but trading it--was nev</p>