California energy market abuses the…

California energy market abuses the ‘tip of the iceberg’

“California officials accused 70 energy companies and municipal utilities of using 10 principle schemes to push up prices in the state, and said the findings of a 103-day investigation represented only the “tip of the iceberg” of abuse during the energy crisis of 2000 and 2001.

The Federal Energy Regulatory Commission also came under mounting political pressure to release evidence contained in the filing.”

And, oh yeah, the average for regular gas here is now over $2 a gallon.

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