Subject: davis & company - - incompetence personified
fyi
- - - - - - - - - - - - - - - - - - - - - - forwarded by richard shapiro / na / enron on 07 / 06 / 2001 03 : 44 pm - - - - - - - - - - - - - - - - - - - - - - - - - - -
pat shortridge
07 / 06 / 2001 01 : 18 pm
to : john shelk / na / enron @ enron , linda robertson / na / enron @ enron , chris long / corp / enron @ enron , richard shapiro / na / enron @ enron , mark palmer / corp / enron @ enron , carolyn cooney / corp / enron @ enron
cc :
subject : davis & company - - incompetence personified
you hate to say that someone can ' t do anything right , but these guys can ' t do anything right .
california power - buying data disclosed in misdirected e - mail by daniel taub sacramento , california , july 6 ( bloomberg ) - - california governor gray davis ' s office released data on the state ' s purchases in the spot electricity market - - information davis has been trying to keep secret - - through a misdirected e - mail . the e - mail , containing data on california ' s power purchases yesterday , was intended for members of the governor ' s staff , said davis spokesman steve maviglio . it was accidentally sent to some reporters on the office ' s press list , he said . davis is fighting disclosure of state power purchases , saying it would compromise negotiations for future contracts . this week , davis appealed a state judge ' s order to release spot - market invoices , purchase orders and confirmation sheets for power contracts signed through june 27 . the state is buying electricity on behalf of utilities , which are burdened by debt . ` ` it ' s an internal document , ' ' maviglio said of the e - mail . ` ` we have a meeting every morning where we discuss issues of the day . ' ' the e - mail contained minutes of today ' s meeting , he said . according to the e - mail , the state bought 283 , 000 megawatt - hours of electricity for $ 37 . 4 million yesterday . one megawatt - hour is enough electricity to light 750 typical california homes for an hour . prices ranged from $ 25 to $ 149 . 99 a megawatt - hour . maviglio said the information in the e - mail is accurate . power for next - day delivery during peak - use hours averaged $ 79 . 67 a megawatt - hour on the california - oregon border yesterday , according to bloomberg energy service . california paid an average of $ 132 on the spot market , according to the e - mail . prices on the spot market tend to be higher than on the day - ahead market . the governor has proposed releasing data on spot - market purchases once a quarter , arguing that the state uses power - buying strategies tailored to each season . lawyers for the media and republican legislators say state law requires disclosure of contracts within seven days after they are signed .