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Stock impact report

Burlingame businesses being affected by street shutdowns due to gas leaks [CBS News]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: CBS News
He owns Preston's Candy and Ice Cream on Broadway in Burlingame. Over the course of the last week, he's lost thousands of dollars' worth of inventory, primarily ice cream, and potential sales, and he's concerned he won't be able to fulfill wholesale orders that he's on the hook for. "At least for the ice cream, $6,000 maybe," he said. "We need to make at least 3,000 [chocolates] for my wholesale. I'm doing it little by little." The reason? A problem that was completely out of his control. "We have here outside my door a generator running all day," he said. After a few power outages last week, PG&E discovered gasoline was leaking into some of its electric vaults in Burlingame. The petroleum product came from a third-party source, according to a PG&E spokesperson, who also added that the utility's equipment does not use or contain the product. PG&E de-energized the equipment, brought in generators, and worked with the city and county to fix the problem. But as that happened, Show less Read more
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