Live Breaking News & Updates on Externsal corrosion direct assessment

Detailed text transcripts for TV channel - CNN - 20100916:02:06:00

Us with a statement. we finally got one tonight. i ll read it for you in its entirety. it says, quote, pg&e is committed to perform, the work necessary to assure the safety of its gas transmission system. accordingly, pg&e is constantly prioritizing its projects using the most recent up to date information available, in this particular case, we did identify this line section as being a high priority project in the 2008 gas transmission rate case filing. subsequent to that filing, pg&e performed an externsal corrosion direct assessment in 2009 and based on the updated assessment and the assurance it provided us, we rescheduled the project accordingly. pg&e spent more than authorized for 2008 to 2009. so the bottom line here with the statement is they re not defying the basic facts of the story, they re just saying they looked at their priorities and determined they shifted from 2008 to 2009. dan, appreciate the reporting.

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