Utility Deregulation

Host Bob Edwards discusses the pros and cons of energy deregulation with two experts: Peter Huber, who's a senior fellow with the Manhattan Institute; and Michael Shames, who's with the Utility Consumers Action Network in San Diego. Huber favors even less federal utility regulation; Shames wants more. They talk about the California electricity crisis earlier this year and the ultimate collapse of Enron Corporation, once the nation's top energy trader.

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