Enron Has a Good Deal

* “Enron’s Profit Surge Powers Energy Stocks” [Jan. 23] was revealing. Especially the numbers: “Natural gas prices more than doubled to record levels in the quarter and average electricity prices rose as much as sevenfold.”

You note that Enron is a “market maker and trader” in both electricity and natural gas. How lovely for Enron. The only arrangement that might be better for Enron would be to get back to good old piracy where there were no restrictions at all.

What are we waiting for? Personally, I am investing in candles.

JEFF DOUTHWAITE

Santa Barbara