Energy gamers screwed California economy

Stefan sez:

A federal judge has determined that gas pipline manager El Paso did indeed limit natural gas supplies to California, resulting in ruinous prices, rolling blackouts, and smug Cato Institute flaks wagging their fingers at hot-tubbers and environmentalists.

California was sitting on a juicy dotcom-era tax windfall before it all got sucked away by this phony crisis.

If I were Gov. Davis, I'd sieze every private pipeline, powerline, and power plant and hold them hostage until the energy industry pays back every dime they extorted from the state.

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(Thanks, Stefan!)