Doug Ose: “This issue of energy in California is perhaps the most critical issue at the moment in California. The gentlewoman from…”

“This issue of energy in California is perhaps the most critical issue at the moment in California. The gentlewoman from California (Ms. Pelosi) and some of our friends on the Democratic side have come forward with an idea for price caps. I have read the amendment of the gentlewoman from California (Ms. Pelosi). One of the most important things is figuring how do we bring new supply to market, and how do we do it in a manner that is environmentally acceptable. This week Senator Feinstein has been good enough to speak the truth, and that is perhaps we ought to let FERC's plan work a little bit and see if it actually works, rather than jumping in and imposing another layer of regulatory standards. Mr. Chairman, I want to enter into the Record a letter that I received from Calpine, which is a national company reknown for its ability to bring efficient, environmentally friendly power to the market. Calpine, Washington, DC, June 18, 2001. Hon. Doug Ose, House of Representatives, Cannon House Office Building, Washington, DC. Dear Congressman Ose: Thank you for your leadership in helping to resolve the severe electricity crisis in California and the West Coast.”