Business
Energy: Lawyers say notes show executives agreed to kill pipelines to state. Companies deny wrongdoing.
Feb. 4, 2001
El Paso Corp. is considering a $1.5-billion investment to build six liquefied natural gas facilities in the U.S., Mexico and the Caribbean over the next five years.
Feb. 18, 2001
The tactic, dubbed ‘Thin Man,’ comes out in a proposal between El Paso Electric and federal regulators.
Dec. 9, 2002
Utilities: Officials vow to press claims against any firm suspected of manipulating market.
Sept. 25, 2002
The California Public Utilities Commission failed to prove that a Texas energy conglomerate wielded monopoly power to drive up natural gas prices during the state’s energy crisis, a federal regulatory judge ruled Tuesday.
Oct. 10, 2001
Utility El Paso Electric Co. said federal regulators have asked the company for documents related to “round-trip” trades conducted during 2000 and 2001 in Western U.S. power markets.
July 16, 2002
El Paso Electric Co. agreed to pay an additional $1.5 million to resolve allegations that it conspired with Enron Corp. to manipulate power prices during California’s energy crisis.
Feb. 14, 2003
World & Nation
The cold weather across the nation has unleashed a record appetite for natural gas and mechanical difficulties in shipping it, creating a shortage that forced Southern California Gas to cut off deliveries Tuesday to its big electric customers.
Feb. 8, 1989
The utility also will stop trading power through 2004 to settle allegations that it helped Enron manipulate the market.
Dec. 6, 2002
Citing what they called a textbook example of market manipulation, energy experts told state legislators Wednesday that a Texas company hoarded space on a key natural gas pipeline into California, causing electricity prices to skyrocket.
April 19, 2001