The Remnant Online

News => Signs of the Times => Topic started by: Wendy on February 26, 2001, 03:07:00 PM

Title: California's Governer feels that the Energy Crisis May Be Ending
Post by: Wendy on February 26, 2001, 03:07:00 PM

California's governer Gray Davis said that California's energy problems may be over in two months. He says there is still work to do but the roling blackout the state has experienced may not be a danger in 60 days.

Many feel that the states energy problems are due to state regulations that mades it difficult to build power plants. Also, the regulations that allowed power producers to sell their power at any level they wanted but forced power distributers to sell at a low price caused many power distributers to come close to bankrupcy.

To read more... [Link expired, sorry]

[This message has been edited by Wendy (edited 08-07-2001).]