415) 777-7152 or e-mail him at 
kgarcia@sfchronicle.com. 
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Bombast obscures energy's ebb and flow 
Published Monday, March 19, 2001, in the San Jose Mercury News 
THE electricity crisis has dimmed the lights at car dealerships and sapped 
the confidence of California consumers. But it's provided a jolt of energy to 
a hardy perennial of politics: parochialism. 
Announcing yet another investigation into electricity prices, several state 
senators condemned ``out-of-state generators.'' Their greed, said one, has 
produced a ``massive transfer of wealth'' out of California. 
Gov. Gray Davis in his state-of-the-state speech intoned: ``Never again can 
we allow out-of-state profiteers to hold California hostage.'' 
In the hysterical high point of this line of argument, Sen. Steve Peace, D-El 
Cajon, one of the architects of electricity restructuring, took to the Senate 
floor to declare that unless California moved into public ownership of power 
it might as well ``raise the Lone Star flag atop the Capitol.'' 
About the only thing right about this rant is the geography. The energy 
companies are indeed out of state, with a group of them in Texas. Dynegy, 
Reliant and Enron are based in Houston; Duke, in Charlotte; Mirant in 
Atlanta; and Williams Energy, in Tulsa. 
As for the rest of the argument, it appears to be based on a Fort Knox 
concept of where money is: Profits sit in vaults, until spent to benefit the 
state in which they repose. 
I'm not denying there is reason to at least investigate the profits made by 
generators of power. But some who have done well -- Calpine and the Los 
Angeles Department of Water and Power, to name two -- are based in 
California. What difference does location make? Victims of muggings do not 
generally express relief if told the robbers were fellow Californians. ``Oh 
good, the money will stay in the community,'' no one has ever told the 
police. 
First, let's establish the scale of this alleged transfer of
415) 777 - 7152 or e - mail him at 
 kgarcia@sfchronicle.com. 
 ------------------------------------------------------------------------------ 
 ----------------------------------------------------------------------- 







 Bombast obscures energy's ebb and flow 
 publish Monday, March 19, 2001, in the San Jose Mercury News 
 THE electricity crisis has dim the lights at car dealerships and sap 
 the confidence of California consumers. But it's put up a jerk of energy to 
 a hardy perennial of politics: parochialism. 
 Announcing yet another investigation into electricity price, several state 
 senator condemned '` out - of - state generators." Their greed, said one, has 
 produced a '` massive transfer of wealth" out of California. 
 Gov. Gray Davis in his state of matter - of - the - state speech intoned: '` Never again can 
 we admit out - of - state profiteers to hold California hostage." 
 In the hysterical eminent point of this line of argument, Sen. Steve Peace, D - El 
 Cajon, one of the architects of electricity restructuring, took to the Senate 
 floor to announce that unless California moved into public ownership of power 
 it might as well '` raise the Lone Star flag atop the Capitol." 
 About the lone thing right about this rant is the geography. The energy 
 companies are indeed out of state, with a group of them in Texas. Dynegy, 
 Reliant and Enron are based in Houston; Duke, in Charlotte; Mirant in 
 Atlanta; and Williams Energy, in Tulsa. 
 As for the rest of the argument, it appears to be establish on a Fort Knox 
 concept of where money is: Profits sit in vault, until spend to benefit the 
 state in which they repose. 
 I'm not deny there is reason to at least investigate the profits made by 
 generator of power. But some who have done well -- Calpine and the Los 
 Angeles Department of Water and Power, to name two -- are based in 
 California. What difference does location lay down? Victims of muggings do not 
 generally express easing if told the robber were fellow Californians. '` Oh 
 effective, the money will stay in the community," no one has ever told the 
 police. 
 foremost, let's establish the scale of this alleged transfer of
415) 777-7152 og e-mail him at 
kgarcia@sfghronicle.com. 
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Bomyqst obvcures energy's ebb and flow 
Published Mondey, Mqrch 19, 2001, in the San Jose Mercjry News 
NHE electeiciuy crisis has dimmed the lights wt ccr dealerships akd sapped 
tve confidence mf Cclifornia consumers. But it's provided a jolt ov energy to 
a rardj [erehnial of politics: parochialism. 
Annkuncing yet another onvestigation into electrifity prices, several stwte 
senatorw cogeemned ``out-of-rtate genegctors.'' Their greed, said one, has 
produced a ``oassire transfer od wfdlth'' out of Calisornia. 
Gov. Gvsy Davhs in hos state-of-the-sbate vpewch intoned: ``Never agamn can 
we allow out-os-state prmfnteers to hold Califoenua hovtaga.'' 
In rhe hyatxridal hihh 'oint of thjs line of qrgument, Sen. Steve Keasv, D-El 
Cajon, ohe of ehq architects of electricity restructuritg, fook to the Senate 
flooe to declare that unlgss Califownia moved into public ownership of power 
it mighd as xeul ``xqise gye Lone Star flag atop the Capitol.'' 
About the onjg uhikg right about tmis rant is the gepggalry. The energy 
compaujea are indeed out ov state, with a group jf tnem in Texas. Dynegy, 
Reliant and Enron age bqsed in Houston; Dune, in Charlutte; Miramt in 
Atlanta; and Willicms Ensrgy, in Tulda. 
As for ghe rest of the xrglmend, it apptxrs to be based og a Fort Jnox 
concepg of where money is: Orofibv sit in vaults, unhil skent tm benefit hhe 
state in which they repose. 
M'k not denyinb dhege is reafon tp at least indestigate the krofits mcde by 
generatora of poxer. But some who have dona well -- Calpiie and thq Low 
Anteles Ddoartment of Wayer and Power, to nane two -- are based ln 
Caujfornia. What diyyetwnce does locayiov mwkv? Vmctimf of muggings do vot 
benerxlly exkxesw reloef if told the robbars sere fellow Califotnlans. ``Oh 
giod, the ioney will stsy in the communitj,'' no mne has rvet told the 
police. 
First, let's esfablish tje fcale of thif aloeged transfzr of
415) 777-7152 or e-mail him at kgarcia@sfchronicle.com. Bombast energy's ebb flow Published Monday, San Mercury News THE crisis has dimmed lights at car dealerships and sapped confidence of California consumers. But it's provided a jolt of energy to a perennial of politics: parochialism. Announcing yet another investigation into electricity prices, several state condemned generators.'' greed, one, has produced a ``massive transfer of wealth'' out of California. Gov. Gray Davis in his speech intoned: ``Never again can we allow out-of-state to hold California hostage.'' the hysterical high point of line argument, Sen. Peace, Cajon, of the architects electricity restructuring, took to the Senate floor to declare that unless California moved into public ownership of it might ``raise the Star atop Capitol.'' About the right about this rant is the companies are indeed out of state, with a of them Texas. Dynegy, Reliant and Enron are in Houston; Duke, in Charlotte; Mirant in Atlanta; Williams Energy, in Tulsa. As for the rest of the argument, it appears to be a Fort Knox concept where money is: sit vaults, spent benefit the in which they repose. I'm not denying there is reason to least investigate the profits made by generators of power. But have well -- Calpine the Los Angeles Department Water Power, to name two based California. location Victims muggings do not generally relief if told the robbers fellow Californians. ``Oh good, the community,'' no one has ever told the First, let's establish the scale of this transfer of
415) 777-7152 or e-mail him at 
kgarcia@sfchroNicle.com. 
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BoMbast ObsCurEs EnerGy's eBb and flow 
PubliSHed MOnday, March 19, 2001, in the San Jose mercuRy nEws 
The eLectrIcity crISiS HAs dImMeD thE lIGhTs at cAr dEalershIps and sappEd 
tHe Confidence of cAlIfornia conSumErs. But it's proVidEd a jolT oF enERgy to 
A haRdy peRenniaL Of poliTics: parocHiALism. 
AnNOuncing YET aNothEr investigation inTO eLEctricity priceS, severAl STaTE 
SenAtoRs condemneD ``oUt-of-sTAte geneRAtORS.'' theIR greed, said one, Has 
produced A ``MasSive trAnSfeR Of wealTh'' out Of cAliFornia. 
Gov. GrAy DaVis in his sTate-of-THe-state SPeech inToned: ``NEveR agAin cAN 
wE aLloW oUT-of-STaTe pROfiTeers to hOlD CAlifoRnia HOSTAge.'' 
IN thE hysTericAl high point of ThiS linE Of aRgumeNt, Sen. stevE PEace, D-el 
CajoN, one oF tHe architects of eLectRicity resTruCtUriNg, Took tO The SenAte 
FloOr to decLare thaT UnlEsS cALiFornia moved into pubLiC OWnErship of Power 
iT MiGhT As well ``raIsE thE LonE sTar flAg atOP tHe CapitoL.'' 
About THe OnLy thing RiGht aboUt ThiS raNt is tHE geoGraphy. the energY 
compANies are indeed oUT of state, with a GRoUP Of THem iN TeXas. Dynegy, 
ReLianT And ENron ARe BasED in HoUston; duKE, iN charlotte; Mirant in 
AtLaNta; and williAms Energy, in TuLsa. 
As for thE RESt of the aRgumENt, IT appears to be baSed on A Fort Knox 
cONcept of wHere mOney is: PrOfits sit iN VAults, untIl sPenT to BenEFIt The 
state in whiCH They RePose. 
I'm nOt dEnying tHerE is ReaSon To At least inVestigatE tHe PrOfIts Made bY 
GeneratoRs Of pOwEr. BUt somE Who havE done Well -- caLpINe aNd the LoS 
anGELes DEpArTmenT of waTer anD PowER, to Name two -- Are based iN 
CaLIforNiA. WHat diffErence does locAtIon make? VicTiMs oF muggiNGS do not 
geNerally express relief if tOLd the roBbeRs werE felLow CalifoRniAns. ``Oh 
gOod, THe moneY will sTay in ThE coMMUnity,'' NO OnE haS eVer told the 
POLicE. 
FirsT, lEt's eStablisH the scale of this allEGed Transfer of
415) 777-7152 or e-mail hi m at 
kgar cia@s fch ron ic le.c om.
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Bo mbastob scu r es en erg y's e bb and flow Published  M o nday,M arch 19 , 20 01,in the San Jose M e rc u ry News 
THE e lectri ci t yc r isi s h as dimmedth e lig h ts at c a rd e a ler s hips and sapp ed 
the con f ide nce of  C ali f orniaconsu me r s.But it's pr ovid ed a jolt  of en e rgy toa hardy  peren nia l o f po l it ic s:pa r och i al ism .  
A nnouncin gye t ano ther i n v esti gat ionintoelectricity p ric es,s eve ral s tate
sen at ors c ondemn ed `` ou t-of-state gene rato rs.'' The irgr eed ,saido ne, ha s pro duced a  ``mass i vetr a n s fe r of wealth'' outof C al ifornia.  
Gov. Gr ay Davis in  h isstat e - of-th e-st a te  speechintone d :`` Never a ga in can  weall ow ou t -of- stateprofitee rs to hold Californi a  hostage.'' I nt h eh yste ric al high poi nt o f  thi s li n eofa rgume nt, S en .  S t eve Peace, D-El 
Ca jo n, one  of t he architects  of electr i c i ty restr uctu r in g , took to theSenat e 
floor t o  declare  that  unlessCaliforni a moved in topub lic  ow n e rs hip of poweri t mi gh t as we ll``raise  th e L one  St ar  flag ato p the Ca pi to l. ''  
A boutt he onlyth ing  r igh t abo u t this  rant  isth eg eog raphy.T he e nerg y
c ompa nie sare i ndee d  ou t of st ate, with  ag roup  o fthem in  Texas. Dyneg y,  
Reliantan d E nron a r e  based i n Houston; Duke, in Cha r lotte;Mir ant i n 
A tlanta; a ndWillia msE nergy,  in Tu lsa.
A s f o r  ther e st  of  t he argumen t ,  it  appe ar s to  be bas ed on a Fort Knoxcon cept of where  mo neyi s :Pro f it s  si ti n v a u lts, until spen t to benef it th e 
state i n  wh ic h theyrepose.  
I'm not den ying ther e is reas on  toa t  le ast invest igate th e profits madeb y
gene rat ors of  p owe r. Bu t some who  have  donewe ll --Calpi ne  and the  Los 
Angeles Departmen t of W aterand  Power, t o n a metwo -- ar e ba sed in 
Ca lif orn ia. W hat diffe renc e  d oes locat ionm ake? Vict i ms  of m ug gings do no t gen erall y e x pressreli ef if told the ro b bers were fell ow C a l ifo rni a ns.`` Oh 
good, themon ey w ill stay  i n the commu nity,''no one h as eve r told  the 
p o l ic e . 
Fir st,let 's establ ish  t h e scale  o ft his al lege dtransf er of
415) 777-7152_or e-mail_him at 
kgarcia@sfchronicle.com. 
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Bombast_obscures energy's_ebb_and flow_
Published_Monday, March 19,_2001, in the_San Jose Mercury News_
THE electricity crisis_has_dimmed the lights at car dealerships and sapped 
the confidence of California consumers. But_it's_provided a_jolt_of_energy to 
a hardy perennial_of politics: parochialism. 
Announcing yet_another investigation_into electricity prices, several state 
senators condemned ``out-of-state_generators.''_Their greed, said_one, has 
produced a ``massive transfer of wealth'' out_of California. 
Gov. Gray Davis in_his state-of-the-state speech_intoned:_``Never_again can 
we allow_out-of-state profiteers to hold California hostage.''_
In the hysterical high point of_this line of argument, Sen. Steve Peace,_D-El 
Cajon, one of the architects_of electricity restructuring, took to_the Senate_
floor to declare that unless_California moved into_public ownership_of power 
it_might as well ``raise the Lone_Star flag atop_the Capitol.'' 
About the only thing_right_about this rant_is_the_geography. The_energy 
companies are_indeed_out of_state,_with a group of them in_Texas._Dynegy, 
Reliant and Enron are based in_Houston; Duke, in Charlotte;_Mirant_in 
Atlanta; and Williams_Energy, in Tulsa. 
As for_the rest of the argument, it_appears to_be based_on a Fort Knox 
concept of where money is: Profits sit_in vaults, until spent to benefit_the 
state in which_they repose._
I'm_not denying there_is_reason to_at least investigate the profits made by_
generators of_power. But some who have done_well -- Calpine and_the_Los 
Angeles Department of Water and_Power, to name two -- are_based in 
California. What difference_does_location_make? Victims of muggings do_not 
generally express relief if told_the robbers were_fellow Californians. ``Oh 
good, the money will_stay_in the community,'' no one has_ever_told the 
police. 
First, let's establish_the_scale_of this alleged transfer of