Energy

Oil firms’ profits gush

April 27, 2001  ·  Consumer Watchdog

<h3>Critics want to reinstitute price controls</h3><p class="source">Chicago Tribune</p> <p>As the price of gasoline soars, nearing last summer's record levels, oil companies are raking in huge profits.</p>

GNS Special Report

April 27, 2001  ·  Consumer Watchdog

<p class="source">Gannett News Service</p> <p>The deregulatory headaches that have afflicted California in restructuring its electricity supply have produced interesting questions: Question: Why are Californians so angry with Texas?</p>

GNS Special Report

April 27, 2001  ·  Consumer Watchdog

<p class="source">Gannett News Service</p> <p>Until recently, the concept of "deregulation" commanded great respect in many corners of the nation. But severe woes in the air travel and electric power industries have brought it under vigorous attack.</p>

FERC Taken to Task Over Calif. Energy Crisis

April 27, 2001  ·  Consumer Watchdog

<p class="source">The Washington Post</p> <p>Even before President Bush took office, he and his staff were trying keep California's energy crisis a long arm's length away, saying it was primarily California's problem to solve.</p>

Governor’s office reveals more details of Edison deal

April 21, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Hoping to convince lawmakers to support his rescue plan for Southern California Edison, Gov. Gray Davis' staff has disclosed additional details to legislators</p>

Utility urges lawmakers to head off bankruptcy

April 20, 2001  ·  Consumer Watchdog

<p class="source">The San Francisco Chronicle</p> <p>Although lawmakers are skeptical of the state's multibillion-dollar deal to acquire the power lines of Southern California Edison, the head of the utility's parent company warned yesterday that failure to approve the accord could lead to a long and cost</p>

Bailout Watch #34 – Apr 19, 2001

April 19, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #34 - Apr 19, 2001<br/> <br/> Whining and Dynegy. </strong>Dynegy, which paid approximately $356 million to buy California power plants...

State’s power tab may soon double

April 19, 2001  ·  Consumer Watchdog

<h3>Energy Experts predict a daily rate of $150 million this summer, as Davis considers not paying beyond a set rate.</h3><p class="source">The Orange County Register</p> <p>The state's tab for buying electricity is expected to double to $150 million a day during the summer's peak-usage periods, experts said Wednesday, meaning an even faster depletion of the state surplus</p>

TELEPHONY

April 17, 2001  ·  Consumer Watchdog

<p class="source">Communications Daily</p> <p>Cal. consumer watchdog group that last Dec. sued to oust PUC Comr. Henry Duque for investing in Nextel mobile phone stock, has raised questions about some of his other investments.</p>

PG&E Corp. still finds positives amid $4.1 billion fourth-quarter loss

April 17, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Even as it reported a $4.1 billion fourth-quarter loss Monday, PG&E Corp. still found something to brag about.</p>

Bailout Watch #33 – Apr 16, 2001

April 16, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #33 - Apr 16, 2001<br/> <br/> The Governor puts his foot down!?!</strong> Yesterday's San Francisco Chronicle reports that, prior to...

PG&E sent hard-nosed proposal to Davis demanding no regulation

April 16, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Pacific Gas and Electric Co. officials demanded the utility be cut free from state regulation and be allowed to push huge rate increases onto its customers, two weeks before negotiations with Gov. Gray Davis broke off, the San Francisco Chronicle reported</p>