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Bankruptcy

Jun. 12, 2002

Darkness in PG&E Case Extends Beyond Blackouts

SAN FRANCISCO - Massive rate hikes, a bankrupt utility, an electrical distribution system that a short while ago - and perhaps a short while from now - could not reliably distribute electricity. All are legacies of the state's ill-fated experiment with deregulating the flow of electricity and natural gas.

By Dennis Pfaff
Daily Journal Staff Writer
        SAN FRANCISCO - Massive rate hikes, a bankrupt utility, an electrical distribution system that a short while ago - and perhaps a short while from now - could not reliably distribute electricity. All are legacies of the state's ill-fated experiment with deregulating the flow of electricity and natural gas...

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