Consumer Watchdog

Expose. Confront. Change.

Consumer Watchdog

Energy

California Wary of Dynegy Bid to Buy Out Enron

California Wary of Dynegy Bid to Buy Out Enron

<h3>Both companies are prominent players in the state's power market. The move to combine their strength is raising some concerns.</h3><p class="source">Los Angeles Times</p> <p>Dynegy Inc. of Houston has been hailed as a hero on Wall Street, as it rides to deliver cross-town rival Enron Corp. from its self-inflicted ills</p>
California may have energy surplus

California may have energy surplus

<p class="source">San Antonio Express-News</p> <p>After having to scrounge for enough electricity to keep the lights on this year, this state could find itself stuck with a big - and costly - surplus of power over the next decade, a California analysis says.</p>
Enron: The power that was

Enron: The power that was

<p class="source">Contra Costa Times</p> <p>The dramatic fall of Enron Corp., the Houston trading firm that pioneered and profited from increased competition in the electricity and natural gas industries, puts an additional note of discord into California's troubled experiment in deregulation.</p>
Power to the people?

Power to the people?

<h3>As electricity crisis eases, so does push for public ownership</h3><p class="source">San Diego Union Tribune</p> <p>As California slid into the electricity crisis last year, a move toward a publicly owned power system gathered steam as the solution to failed deregulation and runaway prices.</p>
Governor’s greased lighting

Governor’s greased lighting

<h3>Davis criticized for accepting money from power companies</h3><p class="source">The San Francisco Chronicle</p> <p>After having sworn off campaign contributions from energy companies, Gov. Gray Davis has started taking money from power providers seeking to do business with the state.</p>
Generators Add to Davis Coffers

Generators Add to Davis Coffers

<h3>To critics' dismay, he accepts $50,000 from energy firms, saying they're not on 'gougers list.'</h3><p class="source">Los Angeles Times</p> <p>Gov. Gray Davis accepted $50,000 in campaign donations from power companies in October, after having sworn off raising money from them as the energy crisis worsened earlier this year, campaign finance reports show.</p>
Smaller Rival to Acquire Teetering Enron

Smaller Rival to Acquire Teetering Enron

<h3>Energy giant that pressed for deregulation in California is on the brink of collapse.</h3><p class="source">Los Angeles Times</p> <p>Enron Corp., the once-highflying energy giant whose aggressive efforts to profit from California's energy deregulation made it a target of consumer and political backlash, on Friday agreed to be saved from possible financial collapse through a proposed a</p>
Enron in Takeover Talks With Dynegy

Enron in Takeover Talks With Dynegy

<p class="source">Los Angeles Times</p> <p>Enron Corp., the troubled energy-trading giant, was in talks Wednesday over a possible takeover by Houston neighbor and rival Dynegy Inc., industry sources said.</p>