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Energy

Officials Wrestle on Calif. Power

Officials Wrestle on Calif. Power

<p class="source">Associated Press</p> <p>The California legislature hopes to end the state's energy crisis by considering a plan Tuesday to make California a major electricity broker.</p>
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>