According to the governor's office, Enron only supplied about 4 percent of the state's electricity needs.
You're right. How could such a minor player like Enron "bring California to it's knees", eh?
Yes I did.
While it is true that California has only itself to blame for its inadequate generating capacity, this statement belies the ability of a bit player to manipulate price in a tight market, PARTICULARLY one that is restricted to the spot market. Now, WHY was the legislation written that way and who paid for it?