“Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.”
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Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.
Kenneth Lay 
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Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.
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I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.
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They can't do without electricity. They can do with less electricity.
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