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In Times of Crisis

Does less media hype mean the energy crises are over-or do we just miss Enron?

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This story appears in the August 2002 issue of Entrepreneur. Subscribe »

A year ago, an had businesses in Californiareeling. Today, the blackouts have stopped rolling, but energyprices remain far above pre-crisis levels. And, despite regulation,legislation, conservation and other efforts, there's nothing toprevent a repeat of the crisis-in orelsewhere.

Victor Critchfield, 38, who was interviewed for an April 2001Entrepreneur article on the crisis ("FeelingPowerless"), says the blackouts weren't so bad. "Butthe other story is how much my electricity bill is now," saysthe owner of BPM Records in . Bills for his750-square-foot dance-music store have doubled to $250 or $260 amonth.

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