Energy

Pacific G&E Files for Chapter 11

April 7, 2001  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>Gov. Gray Davis lashed out Pacific Gas and Electric's decision to file for bankruptcy, calling it selfish and "a slap in the face for Californians."</p>

PG&E DECLARES BANKRUPTCY; STATE’S CRISIS PLANS COLLAPSE

April 7, 2001  ·  Consumer Watchdog

<h3>CHAPTER 11 FILING, THIRD-LARGEST IN HISTORY, PUTS THE UTILITY'S FATE IN A JUDGE'S HANDS. COMPANY SAYS RESCUE TALKS WERE 'GOING NOWHERE'</h3><p class="source">Los Angeles Times</p> <p>California's largest utility, Pacific Gas & Electric, filed for federal bankruptcy protection Friday, unraveling the state's efforts to resolve the energy crisis and effectively turning the utility's future over to a federal judge.</p>

PG&E Bombshell Leaves Customers Grumpy, Cynical

April 7, 2001  ·  Consumer Watchdog

<h3>Rates expected to soar, blackouts to proliferate</h3><p class="source">The San Francisco Chronicle</p> <p>Your lights are still on.</p>

PG&E Bombshell Leaves Customers Grumpy, Cynical

April 7, 2001  ·  Consumer Watchdog

<h3>Rates expected to soar, blackouts to proliferate</h3><p class="source">The San Francisco Chronicle</p> <p>Your lights are still on.</p>

Crisis out of politicians’ hands But some think PG&E move could bring order to a chaotic process.

April 7, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>With the Pacific Gas and Electric Co.'s fate in the hands of a federal bankruptcy judge, state officials acknowledged Friday they have largely lost what power they had over the ultimate outcome of California's energy crisis.</p>

California’s largest utility files for bankruptcy

April 7, 2001  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>Pacific Gas & Electric Co. filed for bankruptcy Friday, rejecting the governor's desperate attempts to stabilize California's power supply and throwing the contentious issue of electricity rates into the hands of a little-known federal judge.</p>

California’s largest utility files for bankruptcy

April 7, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>California's 11-month-old electricity crisis took a dramatic turn Friday when the venerable Pacific Gas & Electric Co. unexpectedly filed for bankruptcy, stunning state officials, consumers and investors.</p>

California utility files for bankruptcy

April 7, 2001  ·  Consumer Watchdog

<p class="source">Agence France Presse</p> <p>Frustrated with stalled negotiations with California state officials to stop financial hemorrhaging, Pacific Gas and Electric Company filed Friday for bankruptcy protection.</p>

Bankrupt PG&E files for protection

April 7, 2001  ·  Consumer Watchdog

<h3>CHAPTER 11: Gov. Davis says action complicates negotiations with Edison.</h3><p class="source">Ventura County Star</p> <p>Pacific Gas and Electric, which delivers power to 13 million users in Northern California, filed for bankruptcy Friday, turning its back on Gov. Gray Davis and abandoning hopes for a negotiated resolution to the state's energy crisis.</p>

Davis Has Warning, Plea for Californians

April 6, 2001  ·  Consumer Watchdog

<h3>Governor Urges Conservation as Energy Woes -- and Criticism of His Record -- Grow</h3><p class="source">The Washington Post</p> <p>Gov. Gray Davis (D) tonight delivered an urgent warning to California's residents that more severe power shortages and blackouts soon lie ahead</p>

Reaction Mixed on PG&E’s Bankruptcy Filing Announcement

April 6, 2001  ·  Consumer Watchdog

<p class="source">City News Service</p> <p>PG&E's announcement today that it has filed for Chapter 11 bankruptcy protection was derided by the mayor of Los Angeles and a Santa Monica public watchdog group -- and questioned by a PUC commissioner.</p>

Ratepayers, consumer advocates, power suppliers score Davis’ speech

April 6, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Ratepayers and consumer advocates found themselves in rare agreement Thursday with big power companies on at least one segment of California's energy crisis</p>