[Ernest_at_the_Beach]

Calpowercrisis:

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[Ernest_at_the_Beach]

From the same Governor who now wants to break the power supply contracts that he signed a few months ago we have this:

Steve Maviglio, an official with Gov. Gray Davis, said the governor also plans to hold power suppliers to the contracts they signed last summer that legally obligate them to build power plants within the next three to five years.

"If they don't, we'll sue them," he said

[Free the USA]

If Californians are stupid enough to put Davis back in the Governors mansion then in about 18 months the current power contracts will be terminated and shortly there after the prices on the spot market will spike. Davis is either the stupidest Governor California has ever had or he is determined to see how rich he can make certain energy companies.