While Californians happily debate how to spend the billions of dollars in excess revenues generated from last year’s stock market surge, the state is facing an energy crisis eerily similar to that of seven years ago. Only by this time, the pending shortages will be almost entirely of our own doing…. Obviously the kind gentlemen at Chesapeake Energy Corp and the other gas companies which are funding this Texas-based front group believe that their profits will increase if, all of a sudden, the second-largest state in the union suddenly switches to using their product to replace coal for electric generation.
Continue reading