Watching Government: Enron Fallout

The Enron Corp. financial disaster and its reverberating political damage could help facilitate new rules designed to tame increasingly volatile international energy markets.In the US, the Senate last month rejected a proposal by Sen. Dianne Feinstein (D-Calif.) that sought to impose strict regulatory oversight on many financial risk mechanisms, including forward contracts. A powerful group that included Wall Street, the White House, and Federal Reserve Chairman Alan Greenspan helped kill the measure. They argued her method is too restrictive—that companies need tools to manage risk in commodity markets that by their nature are unpredictable, thanks to the vagaries of weather, politi...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected