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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: Mephisto who wrote (3526)	6/16/2001 12:16:58 AM
From: ManyMoose	Read Replies (2) \| Respond to of 93284

Ken Lay thinks out of the box. Enron was originally a natural gas utility. He branched the company into electric power (which is how I ended up with Enron stock from a sleepy investment in Portland General which was acquired by Enron). I writing off the cuff, but Enron is now an information company, thanks to Lay's leadership, and also a broker of natural gas and electricity among a tremendous array of other products. You've heard of how broadband companies buy up unused bandwidth and sell it to you cheaper -- that's what Lay has Enron doing with energy. His customers are your utility companies. Most of the things Enron does have never been done before. It enhances the economic benefits of open, competitive wholesale markets, and plays a leading role in creating them. Enron initiated the wholesale natural gas and electricity markets in the United States, and is helping to build similar markets in Europe and elsewhere. If your beef with Ken Lay is the price of energy in California, you are blaming the wrong culprit. Without his company, energy would be harder to bring to your house, and a lot more expensive.