Saipan Tribune LocalThursday, October 18, 2007 By Agnes E. DonatoReporter
Fitial puts off airing solution to CUC crisis
Those expecting to hear the governor's big announcement on the power crisis were disappointed yesterday.Gov. Benigno R. Fitial did not make the announcement because he is still studying his proposal, according to his press secretary Charles P. Reyes Jr.“We are carefully studying the implications. We will make the announcement soon, but as of today, we're not ready yet. We have to make sure we do our homework first,” said Reyes.The governor was expected to announce yesterday morning his proposed solution to the Commonwealth Utilities Corp.'s financial crisis.Reyes said the governor was to discuss in a radio broadcast how he plans to prevent rolling blackouts when CUC runs out of money to pay for fuel.CUC is expected to suffer a shortfall of $7.2 million to $8.4 million in electric revenues as a result of the Legislature's decision to cut residential power rates below cost.
Wednesday, October 17, 2007
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FLASH BACK 2006
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