Governor Davis is asking federal energy regulators to investigate possible price fixing by Enron during the state´s energy crisis. Davis sent a letter today to the Federal Energy Regulatory Commission following the release of a memo from Enron officials to the White House. The memo outlines discussions between company officials and the administration´s energy task force headed by Vice President Dick Cheney. In the memo, the former chief executive of the now-bankrupt energy giant urged Cheney to reject price caps on wholesale electricity that Davis and a host of other state officials desperately wanted. Davis has been asking the commission to probe possible price manipulation by power suppliers since August 2000.
This post was last modified on 01/31/2009 5:30 pm