SOUTHERN CALIFORNIA / Power line fails, 700,000 homes blacked out
In one of the most severe electricity problems since the energy crisis, blackouts hit Southern California on Thursday after a major transmission line was knocked out, cutting power to roughly 700,000 homes.
Just because the last crisis was a phony, created by a friend of Duhbya’s and leading directly to the rise of Republican Governor Schwartzeneggar, that’s no reason to be cynical about this crisis — this crisis is real, don’t you know. mjh
California has sought $9 billion in refunds for electricity and natural gas that it says was over-priced due to market manipulation by some of the nation’s biggest energy firms.
Reliant settles issues involving California energy crisis – 2005-08-15
Houston-based electricity provider Reliant Energy Inc. announced Monday morning that it has reached a $445 million settlement over litigation and regulatory investigations stemming from the sale of electricity during California’s energy crisis in 2000 and 2001.