In a new national consumer poll, natural gas beat renewables and other forms of energy as to which projects should be considered for expansion, something an overwhelming majority of consumers also say would create badly needed jobs in a struggling economy.
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Phony Round-Trip Energy Deals Shake Confidence, Executive Teams
Energy marketers involved in “wash” transactions were almost drowned last week with bad news, as investors bailed on their stocks and regulators called for a good soaping of the industry. It was a dreary week overall, but those taking the worst baths included Dynegy Inc., CMS Energy Corp. and Reliant Energy Inc. By the end of the week, at least three top trading executives at two companies had resigned and the weather showed no sign of clearing anytime soon.
July 11, 2005