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Energy

DAVIS SAYS STATE WILL BUY POWER FOR RESALE TO UTILITIES

DAVIS SAYS STATE WILL BUY POWER FOR RESALE TO UTILITIES

<h3>THE GOVERNOR ANNOUNCES THE PLAN FOR PURCHASES AT REDUCED RATES DURING A LONG CONFERENCE OF TOP OFFICIALS. OTHER PARTICIPANTS ARE LESS OPTIMISTIC.</h3><p class="source">Los Angeles Times</p> <p>With California's major utilities teetering near bankruptcy, Gov. Gray Davis announced a plan Saturday under which the state would buy power at reduced rates and resell it to the battered companies to stabilize California's haywire electricity market.</p>
Energy deal may be on the horizon

Energy deal may be on the horizon

<h3>State would buy electricity cheaply, re-sell it to utilities</h3><p class="source">Sacramento Bee</p> <p>State officials Friday revealed details of a plan for the state to buy wholesale electricity and re-sell it to California utilities at cost</p>
THE POWER CRISIS: THE NEGOTIATIONS

THE POWER CRISIS: THE NEGOTIATIONS

<h3>Seeking Harmony to Quiet California Energy Turmoil</h3><p class="source">The New York Times</p> <p>While Californians readied themselves for yet another day of possible power blackouts, negotiators in Washington continued today to try to hammer out a solution to the state's energy problems.</p>
Peace hits ‘myths’ on energy law

Peace hits ‘myths’ on energy law

<p class="source">Sacramento Bee</p> <p>Steve Peace, the legislator who led efforts to craft a 1996 bill deregulating California's electricity market, has posted a video on his state Senate Web site that argues he was never a fan of deregulation in the first place.</p>
Progress, warning in state energy fight

Progress, warning in state energy fight

<p class="source">Sacramento Bee</p> <p>Gov. Gray Davis and other officials laid out details Wednesday of their efforts to rein in the state's electricity crisis, even as Pacific Gas and Electric Co. said it was confronting a new emergency</p>
POWER OUTAGES LOOM AS OFFICIALS TRY TO END CRISIS

POWER OUTAGES LOOM AS OFFICIALS TRY TO END CRISIS

<p class="source">The Daily News of Los Angeles</p> <p>WASHINGTON - State and federal officials worked behind closed doors Wednesday to solve California's energy crisis even as U.S. Energy Secretary Bill Richardson refused to extend an emergency order ensuring that the state's power needs would be met.</p>