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Blog Post
7/11/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #58 - Jul 11, 2001 FERC-gotten. The Federal bureaucrat in charge of mediating a settlement between the State of California and the private power companies that have gouged California says that the State is due virtually nothing. Despite the fact that...
Blog Post
7/5/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #57 - Jul 05, 2001 View today's Bailout Watch Cartoon Saving face by losing facing. Finally acknowledging that the power contracts he signed are overpriced, Governor Davis proposed renegotiating them. A victory for California consumers, right? Not with Giveaway...
Blog Post
6/26/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #56 - Jun 26, 2001 A.i. That electricity prices have been Artificially Increased by the wholesalers is beyond dispute. Now, as FERC bureaucrats convene a two week "settlement" conference, the question is how much of the overcharges is California going...
Blog Post
6/22/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #55 - Jun 22, 2001 Edison Bailout Hearing in Sacramento: Bailout NOT DOA. In a mid-afternoon hearing held by the Senate Energy Committee on Tuesday, Gov. Davis's proposal to force ratepayers to bail out Edison had its first hearing. Like the original...
Blog Post
6/19/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #54 - Jun 19, 2001 President Bush talks his way out of a jam. The Bush administration is in the awkward position of desperately needing to talk about helping Californians out of this deregulation crisis without offending the deregulation ideologues who believe...
Blog Post
6/14/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #53 - Jun 14, 2001 Grandpa, tell me the story of why our electric bills are so high. The energy crisis isn't over. The long term energy contracts revealed by the LA Times lock in the energy crisis for another ten to twenty years. Despite the fact that power...
Blog Post
6/7/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #52 - Jun 07, 2001 Supply and Demand politics. With pressure mounting on federal lawmakers to step into the breach and enact price controls on electricity, the deregulation supporters in DC realized that the proposed reforms might pass the House, so (in the...
Blog Post
6/6/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #51 - Jun 06, 2001 Blink? Energy prices are down (at the moment). For months we have been calling on the Governor and other state leaders to aggressively pursue every avenue to reign in the power generators (see BWs #32, #23). The pressure on these pirates has...
Blog Post
6/4/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #50 - Jun 04, 2001 Bailout in trouble, blackout to follow? Late last Friday, Edison informed Wall Street analysts that its campaign to get legislators to order ratepayers to pay off Edison's $5 billion in deregulation losses was in trouble. The last time Edison...
Blog Post
5/31/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #49 - May 31, 2001 Businesses for the Bailout? Looks like those business leaders who have been lobbying in support of an Edison bailout (see BW#45) might have their wish granted: the latest trial balloon from Sacramento is to force only the largest customers of...