Quantcast
help information
Clear
64.2 ° F
Full Weather

Alleged Price Gouging

A California Senate committee says a Texas power generator should be fined for refusing to disclose
business records. Yesterday´s recommendation is expected to win swift approval from the full Senate. The committee is accusing Enron Corporation of price
gouging in connection with the California power crunch.

It claims Enron is in contempt for refusing to turn over subpoenaed documents about its
production and pricing citations. Enron says it had been working in “good faith” to provide the committee with documents.