Not according to lewislynn. It was all Pete Wilson's fault.
(grin)(smirk)(snort)(bwaaaaaaaaahahahahahaaaaaaaaaah!!!)
Don't take my word for it
California's energy crisis: Who missed the warning signs?
In a recent interview, Wilson said he knew four years ago that the deregulation law he signed ``was not a perfect free-market mechanism'' and that ``course corrections'' probably would be needed. But while criticizing his successor for not acting sooner to boost electricity production, among other steps, Wilson acknowledged that he never sponsored legislation to expedite new power plants. ....In eight years as Governor...It's somehow not reassuring to think the central government agency GAO is really knowledgeable with California's energy problems.
Republicans calling for investigations on Republican issues then expecting anything but favorable results....As if Republicans are any different than Democrats in that regard.
OH, BTW, at least part of the reason for so called shortages was THE FACT that the energy companies were sending electricity all over the western states to nowehere except up in price...If you don't believe that then explain why the "shortages" suddenly stopped and the prices dropped as quickly as the investigations began....Why all the HUGE layoff's and closing of trading?...Is there THAT much less electricity demand?...
I don't think so. The question(s) can be answered with one word 'investigations'.
Read the papers, energy companies are run by crooks, not saints.