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Politics : Impeach George W. Bush

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To: TigerPaw who wrote (6070)8/20/2001 12:08:22 AM
From: TigerPaw  Read Replies (2) of 93284
 
Evidence Mounts On Price Fixing
cbsnews.com
(CBS) At the height of California's energy crisis, the price of natural gas jumped 700 percent as it crossed the state line on an El Paso Corporation pipeline.

For several months a judge has been investigating the state of California's charges that El Paso used secret deals to cut out competitors and drive up prices, reports CBS News Correspondent Vince Gonzales.

"We can definitely document hundreds of millions of dollars that California is due in refunds because the price of natural gas was artificially high because of El Paso's illegal activity," says Lorretta Lynch of the California Public Utilities Commission.


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