On the recordFebruary 8, 2001
The reason one of Idaho's Senators is on the floor this afternoon and the reason one of Oregon's Senators is on the floor this afternoon is that what is happening in California is rapidly spreading into Oregon and Washington and Idaho. Why would a power disease in California spread to Oregon and Idaho? In part because we are in the same system or grid--we are interconnected--and in part because we sell power to California and California sells power to us. When you distort a marketplace in one part of the market system, it overacts or reacts somewhere else. What the Senator from California is talking about is absolutely true. I will have to say I am pleased when I hear Senators from California say: We have a problem, and we probably didn't do it right. We are probably a creator of our own problem. When you deregulate wholesale power and you cap retail power, you send a phenomenally loud message to the marketplace: Don't come and build.
Source
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