The transmission systems are still regulated.
Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.
I have faith in the market when we get the rules right.
The problems in California have been that it's been very difficult to site and build new power plants.
You'd rather have a surplus versus a shortage in your position.
I take responsibility for what happened at Enron, both good and bad. But I cannot take responsibility for criminal conduct that I was unaware of.