Lawmakers Seek 'Enron-Style' Probe Into Oil Prices

Law360, New York (April 23, 2008, 12:00 AM EDT) -- Congressional Democrats are urging President Bush and U.S. Attorney General Michael Mukasey to form an “Enron-style” task force to investigate possible manipulation in the oil and gas markets, claiming that normal market forces do not explain record oil prices.

Sen. Maria Cantwell (D-Wash.) and Rep. Jay Inslee (D-Wash.) sent a letter to Bush and Mukasey this week, seeking the immediate creation of a task force to investigate fraud allegations in the oil and gas markets.

“Unless there is a cop on the beat vigilantly policing energy...
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