From the San Francisco Chronicle
Dated Sunday Aughet 3
Energy crisis blame game
Editorial
ONE OF the main charges in the recall rap sheet against Gov. Gray Davis is that he was responsible for the California energy crisis and the high rates consumers are now paying. Even if he wasn't the architect of the deregulation debacle, the folk wisdom goes, at the least he "mishandled," "mismanaged" or "failed to address" the energy crisis quickly enough.
Like the regulation plan itself, these arguments are deeply flawed. Blaming Davis for the energy crisis is nothing more than a politically convenient way to explain away one of the most complex -- and enduring -- problems facing the state.
In hindsight, it would have been great if Davis had done more earlier on to avert the crisis. But it is not clear what exactly he could have done. For months, he pressed the federal government to place caps on wholesale prices, but was was repeatedly rebuffed. (The Federal Energy Regulatory Committee belatedly imposed price caps -- of $92.37 per megawatt hour -- in June 2001, as the crisis subsided). For months, he unsuccessfully asked FERC to look into potentially manipulative schemes. For months, he was ridiculed by the White House and other Republicans for trying shifting the blame to greedy energy traders.
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