Today's the day, isn't it?
Isn't today the day that the PUC is supposed to rule on the Texas Pacific takeover of PGE?
My prediction: Approved, with conditions. There's no way Ted's going to say no to his former hero and mentor.
| Posted at 11:16 AM | Permalink |
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Comments (8)
Yes, their going to approve the sale. We can blame Portland for screwing this one up. P.G.E. should have been purchased by it's customers and made a public utility but power hungry Sten and his group wanted to be in charge. Oregon Trail Electric Coop. did this exact thing in 1988 and now have a stable, locally owned electric supply.
Posted by Chas | March 4, 2005 11:57 AM
I agree. There is just no way that Ted will stand up to the good old boys on this one. And to think I voted for him.
Posted by Lily | March 4, 2005 3:36 PM
FYI - The decision was postponed until next week.
Posted by pdxia | March 4, 2005 4:04 PM
Why?
It was going to be the end of February. Now we're at the end of the first week of March, and they've delayed it further?
Posted by The One True b!X | March 4, 2005 4:21 PM
It's the newest tactic- when there is too much public opposition, just string it out, longer and longer. While the powers that be try to find a way to pull this off without too much public uproar. Works for the PDC.
Posted by Lily | March 4, 2005 6:50 PM
Wait until a day when there's a major story breaking about something else. And Tuesday afternoons are generally good -- that gives you a whole week of friendly Arlington Club spin in The Oregonian before the Willamette Week can tell anyone the real story.
Posted by Jack Bog | March 4, 2005 8:43 PM
My bet is that the PUC will lay down conditions which the Texas Group finds too onerous forcing them to walk.
Posted by Dave Lister | March 5, 2005 11:46 AM
"Wait until a day when there's a major story breaking about something else."
Ah, this explains the deteriorating health of the pope! :p
Posted by The Tinfoil Hat | March 5, 2005 2:22 PM