We'll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we'll have more power than our economy provides. All of that will give us leverage we don't have today. Gray Davis abilityauthoritybuild share on social
They're the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger. Gray Davis commissionenergyfederal Change image and share on social
Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market. Gray Davis companyderegulateenergy share on social
Well, we're trying to patch and fix and put a cast on a broken system here. You can call it what you want, but we'll continue to purchase power in a private market. Gray Davis breakcallcast Change image and share on social
Now, in the space of a year, we've spent 450 percent more for power than we did the year before, and bought essentially the same amount of power. This year, that number's likely to go up. That can't go on forever and have us continue to be the economic engine for America. Gray Davis americaamountbuy share on social
I don't know why they're doing it. I have to assume that their motives are positive, not negative. But they don't understand the severity of the problem in this state. Gray Davis assumemotivenegative Change image and share on social
I don't know if I would do this if I had to start over again. Gray Davis start Change image and share on social
We're not going to take this sitting down. We are fighting back. Gray Davis backfightsit Change image and share on social
There are so many scenarios here. We tried to prepare for the worst summer in 40 years and build assumptions based on that. We're preparing for the worst, but we're hoping for the best. And I've told people the end is in sight. Gray Davis assumptionbadbase share on social
Meanwhile, people have to join us and fight back against the federal government that has dropped the ball, that is in bed with these energy companies, that wants them to make more money than they've made before. Gray Davis backballbed share on social
