Energy consuming businesses cut operations, left, or stopped planned expansion because of HIGH energy prices thanks to scams ENRON etc. were running (we call that CREATING a recession Carry_Okie dear),
BZZZZZT wrongo! Shows how much you have been following the California power crisis. The biggest scammers causing high energy prices were PUBLIC power agencies, DWR, Bonneville, and LADWP. Best that you go to the calpowercrisis and calpowergate lists and start reading the couple of hundred threads you have apparently ignored. Now, that is not to say that there has not been manipulation of the gas market, but then you would have to ask Bill Clinton why he set aside the Western Slope of the Rockies and closed it to gas exploration. Guess who that benefitted?