Enron later modifi ed its business model where it was not selling gas any more through pipelines but
was trading it like a commodity on exchanges.
ENERGY MARKET DEREGULATION AND ENRON
Enron had close relationships with the government, which helped Enron to lobby for energy market
deregulation. The root for the rationale dates back to mid-1980s where the oil prices fell enormously.
Due to this, gas pipeline companies such as Enron took a beating as the buyers of energy were more
inclined to buy cheaper oil over costlier gas. This situation made a number of gas companies led by
Enron come together and lobby for energy ...
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