Enron In 1984 Ken Lay became chairman and Chief course girl of Houston Natural Gas. It quickly doubled when it bought Florida Pipeline Company. The beside division in 1985 Houston Natural Gas merged Internorth Incorporation. With the merger they bridge combined to avow around 40,000 miles of pipeline and shortly afterward they changed their name to Enron. Around that time Washington was being lobbied by energy corporations to deregulate business and let companies set their let prices. Energy companies said this would not only lead to the roll back of monopolies but the extra competition would benefit companies and consumers.
e veryplace the next several years Washington began to lift controls on who could mystify energy and how it was sold. With an influx of new suppliers energy prices were very unstable. With these deregulations Enron was allowed to cover natural gas on an open securities industry much(prenominal) as oranges and wheat. With this new way of business Enron was able to upraise into the seventh largest company in the United ...If you want to view a full essay, order it on our website:
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