DPC Hearings

Senate Democratic Policy Committee Hearing

Monday, May 8, 2006
1:30 p.m. - 3:30 p.m.
138 Dirksen Senate Office Building

"Lessons from Enron: An Oversight Hearing on Gas Prices and Energy Trading"

Hearing Transcript

For a full transcript of the hearing click here.

Click here for a recording of the hearing. (mp3 format)

Opening Statements

Senator Byron L. Dorgan
Chairman, Democratic Policy Committee

Senator Harry Reid
Senate Democratic Leader

Senator Carl Levin

Senator Dianne Feinstein

Senator Maria Cantwell

Senator Frank Lautenberg

Witnesses

Lisa Madigan
Illinois Attorney General

Robert McCullough
McCullough Research

Eric Christensen
Snohomish County Public Utility District

Erik Saltmarsh
California Electricity Oversight Board

Michael Greenberger
University of Maryland

Don Olsen
Huntsman International

Sean Cota
Cota & Cota

Additional Materials

Witness Biographies

The 2000-1 Western Power Crisis: Consumer Exploitation and Regulatory Indifference presented by Eric Christensen

Regulation and Forward Markets: Lessons from Enron and the Western Market Crisis of 2000-2001 by Robert McCullough

The Role of Supply, Demand and Financial Commodity Markets in the Natural Gas Price Spiral by Mark N. Cooper, Ph.D.

Letter to the Senate from the New England Fuel Institute, May 3, 2006