The article focuses on the yearlong energy crisis experienced by the state of California. During the crisis, reporters faced especially daunting challenges in moving information across this moat. A slowly evolving system of monopoly utility regulation, with carefully documented costs and profits, had been replaced by a complex network of markets in which electricity and risk were traded like pork bellies. When utilities operated as government-sanctioned monopolies, being a vigilant reporter mainly required looking over the shoulder of regulators whose job it was to make sure that utilities kept the lights on and costs dozen. The challenge was to extract readable stories from the regulators' quasi-judicial proceedings, in which agendas read like invoices from auto parts dealers and policy choices were buried inside of alternate rulings. Many newspapers, including the Contra Costa Times, normally give only limited coverage to the electricity industry. When the energy crisis hit, the newspaper's team responded by assigning three reporters-- one from the environment bureau, one from the state government bureau and one from the business section. In 1998, California launched its aggressive move to competition. At first, things went smoothly. Then, in the late spring of 2000, a sudden jump in wholesale power costs jolted electricity customers in the San Diego area. By the fall of 2000, the power shortages that hit San Diego were spreading throughout the state. As the state's electricity system crumbled, it was easy for reporters to find victims and tell their stories. The story was portrayed as a modern-day war between states. Soon this story line was strengthened when it surfaced that owners were shutting down power plants to create shortages and trading was raising prices. Covering these dimensions of the story taxed the resources and abilities of daily papers' newsroom staff, just at a time when economic slowdowns were driving down newspaper revenue.