On the recordMay 7, 2002
I rise today to discuss the documents that were released yesterday, which illustrate how Enron has manipulated energy markets in California and in many Western States. Based on yesterday's revelations, I believe ratepayers deserve prompt relief from Enron's trading practices. I think these documents show Washington State electricity consumers what they have suspected all along, that prices have been manipulated and they have, as a result, paid higher energy prices, many up to double-digit rate increases. Many of you may have seen the articles. I want to have several of these printed in the Congressional Record. They emphasize the information that is being provided in documents I think my colleagues from California had printed in the Record. The New York Times, the headline was: Enron Forced Up California Energy Prices, Documents Show. Another article that was printed in the LA times: Memo Shows Enron's Role in Power Crisis. Energy: 'Smoking gun' document by company lawyers reveals tactics used to create electricity shortage in California, then drive up prices. Another in the Washington Post: Papers Show That Enron Manipulated California Crisis.
Source
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