Wishful

Order, Credibility Will Return to Energy Trading, Stakeholders Say

Claiming it is more economic reality than wishful thinking, a disparate set of energy industry stakeholders expressed optimism last week that the energy trading sector will rebound. They predicted that order will be restored and credibility will slowly return even with more legal shocks like the former Enron trader’s guilty plea to federal authorities earlier this month. Trading is too essential to the operation of the nation’s energy system, particularly electricity, a variety of industry sources in the West and the East said in interviews with NGI.

October 28, 2002