[cactusSharp]

Williams Brothers is clean here.....this is more a EU attempt to get the gas contracts undone.............. the ole democrat "they all do it" theme and the master "plan" was to rope Halliburton into it all why ? to get to Dick Cheney....

[Mike Darancette]

None of those Companies is from Texas enen though Texas was blamed last year for the Power Crisis.

[Robert357]

Thank you for this post, the accusations are flying so fast, I have a hard time keeping up with who are today's villians.

I talked to two power trading firms today where I know management staff and asked when I was going to read about their cheating California.

The response from one was interesting. He told me that they responded to FERC's initial inquiry by stating that they had no transmission capacity to California and therefore to sell to the California market had to schedule through a transmission rights holder. This passed the initial inquiry, but even though they said they did not do any of the enron stuff and they didn't directly sell into the California market, FERC wanted to know significant information about any trades they did during certain time periods. The speculation is that FERC is trying to follow a string of transactions to see if there was any laundering of power.

[Moonmad27]

This won't ever get the attention of Gov. Gray (Howdy Doody) Davis. He wants only to blame the Texas companies for the problem he caused so that, by implication, he can blame GWB. Same thing with the California power companies who bear responsibility. They can stay out of trouble because they're his local buddies (that is, not from "evil" Texas, where every bad company can seem to have some connection to GWB, no matter how slight or ridiculous).