The Nation; Energy Dealings Ruled Illegal; Regulation: El Paso Corp. created an artificial natural gas shortage in California, a judge says. Finding could bolster case for refunds. The Los Angeles Times; Los Angeles, Calif.; Sep 24, 2002; RICARDO ALONSO-ZALDIVAR and NANCY VOGEL;
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Buy Full Text Abstract: El Paso Corp. used a variety of strategies in 2000-01 to withhold an average of at least 345 million cubic feet of natural gas a day from California customers, creating an artificial shortage that drove up prices, concluded Judge Curtis L. Wagner Jr. of the Federal Energy Regulatory Commission. Among the maneuvers, he said: El Paso failed to use 21% of the ...
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