Posted on 05/24/2002 4:42:25 AM PDT by snopercod
Edited on 04/22/2004 11:46:32 PM PDT by Jim Robinson. [history]
Two utilities based in Portland, Ore., said they may have unwittingly aided schemes to manipulate electricity prices during the Western energy crisis of 2000.
In filings with the Federal Energy Regulatory Commission on Wednesday, PacifiCorp, a unit of Scottish Power PLC, and Portland General Electric, a unit of Houston-based Enron Corp., said they may have been unknowing intermediaries in so-called megawatt-laundering trades designed to avoid California price caps.
(Excerpt) Read more at online.wsj.com ...
It was Jim_Rob who said they were not available as I recall, and I assumed that was correct.
One thing I know is that Jim_Rob is honest and above board. Always. If he's not talking about this, then there's a damn good reason. I will support him until the end.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.