U.S. Energy Regulators Punish Calif. Price-Gougers

  • Playlist
  • Download
  • Embed
    Embed <iframe src="http://www.npr.org/player/embed/1208621/1208622" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

The Federal Energy Regulatory Commission rules that Enron and five other companies engaged in widespread price-gouging in Western markets during California's energy crisis in 2000 and 2001. California is seeking $9 billion in refunds, but commissioners recommend a $3.3 billion refund. Cy Musiker reports.



Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.