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Energy

Energy and utility watchdog coverage — gas prices, oil-industry profits, utility rates, and clean-energy accountability.
Utility commissioner pleads case in stock deal

Utility commissioner pleads case in stock deal

<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

Utility commissioner pleads case in stock deal

<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>
Nightly Business Report

Nightly Business Report

<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’

Analysis: New calls for ‘re-regulation’

<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

DEREGULATION: The collapse of Enron

<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>
Enron Gets Zapped by Its Own Greed

Enron Gets Zapped by Its Own Greed

<!-- 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>
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>