06.25.04

Sen. Maria Cantwell on Action in the U.S. House of Representatives Forcing FERC to Release Enron Evidence

WASHINGTON, D.C. – U.S. Senator Maria Cantwell today made the following statement on House passage of Rep. Anna Eshoo's amendment that requires the Federal Energy Regulatory Commission to make public important evidence in cases of energy market manipulation like that of Enron:

“The FERC is not just sitting on its hands, it's literally sitting on evidence that could help protect people from getting robbed by Enron again. The FERC should be put on notice that it is high time the commissioners start doing their jobs to protect consumers. The vote today in the House is a step in the right direction and I will work to support and strengthen this bill language in the Senate.”

Today also marks the one-year anniversary of the FERC's ludicrous decision that energy contracts with Enron should be upheld, even though they were clearly fraudulent. The FERC's decision stands in the way of the Snohomish Public Utility District (and others) being able to put an end to Enron's lawsuit against them.