Enron Mail

Subject:Energy Antics Oh, Behave!.htm
Date:Fri, 25 May 2001 09:29:29 -0700 (PDT)

Today's LA Times editorial revived the Lockyer quote. It is remarkable (a=
nd troubling for Enron) that Lockyer's political peers / rivals have not t=
aken him to task for his outrageous remark; nor have the major newspapers=
. In Today's editorial, the usually conservative LA Times refers to Locky=
er as having "boosted the rhetoric a notch." (I'd hate to witness two or =
three notches.)
This lack of criticism could foreshadow a contagious attitude that powerfu=
l Enron is in fact the one to blame (facts be damned). Given Enron's high=
profile policy and fundraising ties to the Bush administration and Govern=
or Gray Davis' war with President Bush and Texas energy companies, there c=
ould be more turbulence ahead. Fasten your seatbelts and be on the ready=


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=09[IMAGE]=09[IMAGE] Friday, May 25, 2001 | [IMAGE]Print this story [IMAGE=
] [IMAGE] Energy Antics: Oh, Behave! Admit it: The only comic re=
lief in this energy crisis has been watching our leaders go at suppliers a=
nd each other like pro wrestlers or Jerry Springer guests. In his St=
ate of the State address last January, Gov. Gray Davis accused the big pri=
vate electric power generators of legalized highway robbery and threatened=
to seize their plants if necessary. Then he really got angry, calling the=
m "the biggest snakes in the world." This past week, Atty. Gen. Bill Locky=
er boosted the rhetoric a notch by declaring he would like to personally e=
scort the chairman of Enron Corp. "to an 8-by-10 cell that he could share =
with a tattooed dude who says, 'Hi, my name is Spike, honey."' Meanwhile, =
President Bush and Vice President Dick Cheney have blamed California for c=
ausing its own problems with a "harebrained" deregulation scheme and mocke=
d the state's power purchases and conservation programs. It's been fun. No=
w it's time for our leaders to act like adults. Davis and Bush alwa=
ys will have their political differences, but the economies of both the st=
ate and the nation are endangered by California's energy situation. These =
leaders need to work together as cooperatively as possible, starting next =
week when Bush makes his first visit to California as president. Da=
vis wrote Bush Wednesday offering to meet with him during his California v=
isit. Bush spokesman Ari Fleischer said the president looks forward to dis=
cussing energy and other issues. Good start. Let's hope the conversation i=
s civil and that the civility spreads. No matter how much California=
has been abused by the power companies, and it absolutely has, the state =
still needs them to help solve the crisis caused by shortages of electric =
power generation this year and next. Usually, the biggest targets of offi=
cial and public wrath are the investor-owned utilities such as Southern Ca=
lifornia Edison and Pacific Gas & Electric Co. But not this time because, =
in the view of the state, the utilities have been bled dry by the power ge=
nerators' stratospheric prices. The state had to take over the purchase of=
power when the generators refused to extend any more credit to Edison and=
PG&E. Legal recourse should be pursued, but the threatening rhetoric need=
s to subside. State lawmakers are right to be upset with the White =
House for refusing to use its authority to set reasonable temporary wholes=
ale price controls. And Davis is justifiably upset with Bush and with Chen=
ey, who said the only solution was to build more power plants--ignoring th=
e fact that the state is building 10 plants now, with five more on the way=
, and that the only way to control wholesale power rates is for Washington=
to cap them. If the state hadn't bought the power, the generators w=
ould have let the lights go out. Davis needs to deliver that message, quie=
tly and persuasively, while Bush is in California. And Bush needs to liste=
n respectfully, like an adult. [IMAGE]Search the archives of the Los A=
ngeles Times for similar stories. You will not be charged to look for stor=
ies, only to retrieve one. =09
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Copyright ? 2001 Los Angeles Times=09

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