California’s Energy Crisis

During the summer of 2000, California began experiencing problems in its electrical energy industry, which had been “deregulated” a few years earlier. By the spring of 2001, major cities in California were experiencing rolling blackouts. This raised many questions about California’s attempts at deregulation and about what is the best way to address an energy crisis on both the state and national levels. Should markets be allowed to operate freely or should government control the energy industry? Should more energy be produced or should the demand for energy be reduced through conservation? Should new power plants be constructed or should concerns about the environment restrict the construction of new plants? Should the Federal Government use price controls to keep down the cost of energy to California consumers? Below are some sources of information from widely differing points of view about how America should approach an energy crisis.

Balanced Energy: for Texas
California gasoline prices rise: further as lengthier supply chain is strained, fromĀ This Week in Petroleum, July 15, 2015
California Is Giving Electricity Deregulation a Bad Name: Southwest Economy, Federal Reserve Bank of Dallas
California’s Electricity Woes: A Vision of the Future?: Southwest Economy, Issue 3, 2001, Federal Reserve Bank of Dallas
California’s 2000-2001 Energy Crisis: from energycentral
California faces down its power crisis: from CNN
California lawmakers pass power bill: from CNN
California’s Self-inflicted Energy Shortage: from Institute for Energy Research
California Timeline: from PBS
California Warns: of a Second Energy Crisis, from Bloomberg
Coal, Oil, Natural Gas: from The Heritage Foundation
Energy Economics: from The Heritage Foundation
New Math of Renewable Energy: from The Heritage Foundation
No single solution for California’s power crisis: from CNN
Price controls won’t solve energy crunch: from CNN
Renewable Energy: from The Heritage Foundation
Subsequent Events: California’s Energy Crisis, from US Energy Administration
The California Crisis: from PBSĀ