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Gray Davis

"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."

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"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."

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Explore more quotes by Gray Davis

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Gray Davis
"Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here."
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Gray Davis
"They're the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger."
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Gray Davis
"I'm doing my part, building plants at a record rate, having historic conservation levels. The only people not doing their part is the federal government that is siding with the energy companies against the interests of the people of California."
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Gray Davis
"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."
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Gray Davis
"There's no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity."
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Gray Davis
"So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market."
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Gray Davis
"There is only one governor, and his name is Gray Davis."
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Gray Davis
"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."
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Gray Davis
"Duke came to us. They volunteered to come to us and made a number of suggestions to some people on my staff. I don't know how I would characterize them, but there have been some discussions going back and forth between Duke and members of my staff."
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Gray Davis
"As the governor of this state, I obviously see the issue quite differently."
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