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Energy

Energy and utility watchdog coverage — gas prices, oil-industry profits, utility rates, and clean-energy accountability.
Bailout Watch #51 – Jun 06, 2001

Bailout Watch #51 – Jun 06, 2001

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #51 - Jun 06, 2001<br/> <br/> Blink?<br/> <br/> Energy prices are down (at the moment). </strong>For months we have been calling on...
Unresolved Problems

Unresolved Problems

<h3>Did President Bush Blunder in Not Helping California With Its Energy Crisis?</h3><p class="source">Fox News Network - THE O'REILLY FACTOR</p> <p>In the "Unresolved Problems" segment tonight, did President Bush blunder in not helping California out with its energy mess? The president's job approval rating is down 8 points since April</p>
PG&E creditors approve bonuses

PG&E creditors approve bonuses

<h3>Utility must file reorganization plan by end of year, or CEO only gets $600,000 extra</h3><p class="source">The San Francisco Chronicle</p> <p>PG&E's creditors have agreed to management's plan to shower top executives with $17.5 million in bonuses but balked at the bankrupt utility's initial demand that the cash come with no strings attached</p>
Bailout Watch #50 – Jun 04, 2001

Bailout Watch #50 – Jun 04, 2001

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #50 - Jun 04, 2001<br/> <br/> Bailout in trouble, blackout to follow?</strong> Late last Friday, Edison informed Wall Street analysts...
Duke Charged Record Price for Electricity

Duke Charged Record Price for Electricity

<h3>But energy firm agrees to waive 80% of its $3,880-per-megawatt-hour tab, if it gets paid.</h3><p class="source">Los Angeles Times</p> <p>Duke Energy Corp., one of the power wholesalers that the state has accused of price gouging, charged $3,880 per megawatt-hour for electricity during a brief period last winter--by far the highest price yet disclosed for emergency power.</p>
New Edison plan means business

New Edison plan means business

<h3>An Assembly proposal for bailing out the utility would tap big industrial users. Business interests say it's a political escape.</h3><p class="source">The Orange County Register</p> <p>Assembly leaders are drafting a new rescue plan for Southern California Edison that would force the state's largest businesses to pay for a $3.1 billion bailout of the state's second- largest utility.</p>
Bailout Watch #49 – May 31, 2001

Bailout Watch #49 – May 31, 2001

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #49 - May 31, 2001<br/> <br/> Businesses for the Bailout? </strong>Looks like those business leaders who have been lobbying in support...
PG&E sails into bonus storm

PG&E sails into bonus storm

<p class="source">Financial Times</p> <p>PG&E, the Californian utility driven to bankruptcy proceedings by the state's power crisis, drew a storm of criticism yesterday over a request to be allowed to pay top managers Dollars 17.5m in bonuses.</p>