Rolling Blackout Scam:
New Evidence: Enron Scams Began Years Ago
Associated Press | February 4, 2005
Fallen energy giant Enron Corp. was running scams to drive up the cost of power years before the 2000-01 West Coast energy crisis, according to audio transcripts and documents unveiled Thursday by a public utility north of Seattle.
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By November 1997, Enron apparently knew of loopholes in California's ill-advised deregulation plan, and by May 1998 _ a month after the plan took effect _ Enron was already falsifying transmission schedules to inflate prices, Snohomish County Public Utility District officials said Thursday as they unveiled new evidence at a news conference.
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The district is hoping to prove that an exorbitant contract it entered with Enron in January 2001, at the height of the crisis, should be considered fraudulent because of Enron's manipulation, and that the utility shouldn't have to pay the $122 million that Enron claims it owes.
The material the utility released Thursday is the first evidence that Enron appears to have been honing its fraudulent trading schemes well before rolling blackouts darkened California and drove up prices, helping Enron make at least $1.6 billion.
[...]
One newly transcribed conversation reveals that Enron and a 50-megawatt plant in Las Vegas, LV Cogen, conspired to take the plant off line on Jan. 17, 2001 _ the same day rolling blackouts hit an estimated 1 million customers in California. Taking the plant off line was in direct violation of an order by U.S. Energy Secretary Bill Richardson requiring generators to send their energy to California.
In the conversation late on Jan. 16 that year, an Enron worker identified as Bill told a plant worker identified as Rich not to take notes because "this is going to be a word-of-mouth kind of thing."
Record number of coal-fired generators to shut down in 2012 | The Daily Caller
"The scope of this new planned shutdown is unprecedented."
Obama Energy Secretary Promises "Massive" Coal Plant Closures by Paul Joseph Watson February 10, 2011
Obama Energy Secretary Steven Chu has launched the next phase of the White House's publicly stated agenda to bankrupt the coal industry via EPA regulations after announcing the prospect of "massive" coal plant closures even as Texas and other states suffer rolling blackouts as a result of maxed-out power plants that cannot cope with demand.
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This "maxed out grid" is a consequence of federally enforced EPA restrictions that have led to the delay, mothballing and closing down of coal-fired plants. In Texas, approval for the much-needed Las Brisas Energy Center has been delayed for 3 years as a result of EPA meddling in Texas' energy policy.
Creating Artificial Scarcity:
Group Internal memos show oil companies limited refineries to drive up prices by RAW STORY| 12 Oct 2005
Internal Texaco memo, March 1996
The Foundation for Taxpayer and Consumer Rights (FTCR) today exposed internal oil company memos that show how the industry intentionally reduced domestic refining capacity to drive up profits, RAW STORY has learned.
The three internal memos from Mobil, Chevron and Texaco illustrate how the oil juggernauts reduced refining capacity and drove independent refiners out of business in an effort to increase prices. The highly confidential memos reveal a nationwide effort by American Petroleum Institute, the lobbying and research arm of the oil industry, to encourage major refiners to close their refineries in the mid-1990s.
"Large oil companies have for a decade artificially shorted the gasoline market to drive up prices," said FTCR president Jamie Court, who successfully fought to keep Shell Oil from needlessly closing its Bakersfield, California refinery this year. "Oil companies know they can make more money by making less gasoline. Katrina should be a wakeup call to America that the refiners profit widely when they keep the system running on empty."
"It's now obvious to most Americans that we have a refinery shortage," said petroleum consultant Tim Hamilton, who authored a recent report about oil company price gouging for FTCR. "To point to the environmental laws as the cause simply misses the fact that it was the major oil companies, not the environmental groups, that used the regulatory process to create artificial shortages and limit competition."
"G, how timely, how fitting, NEVER an 'accident' …"
"G", read that Masonic "G" …
"G" is for Great, Gangster, g, little (g)od, Lucifer the light barer …
Rev 6:15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;
Rev 18:23 And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee:
for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived.
"Great men" = banksters, corporatists, collaborators = those imposing feudal austerity on the masses.
