Edison to Enron: Energy Markets and Political Strategies

Internet Appendices

Chapter 1: Building General Electric

• 1.1 Electricity before Edison
• 1.2 Getting Fired: Never Letting Go
• 1.3 Gouraud to Edison on Insull: Letter of February 17, 1881
• 1.4 Edison and Politics
• 1.5 J. P. Morgan
• 1.6 Morgan as Political Capitalist
• 1.7 Edison versus Morgan
• 1.8 Insull: Edison's Top Business Executive
• 1.9 Electricity versus Manufactured Gas
• 1.10 The "Battle of the Currents" Revisited
• 1.11 Edison's Strengths and Weaknesses
• 1.12 Insull on Edison: Speech of March 14, 1926

Chapter 2: Dynamo at Chicago Edison

• 2.1 From Manufacturing to Integrated Distribution
• 2.2 Some Discrepancies in Insull Historiography
• 2.3 Corporate Culture
• 2.4 Battery Storage for Central Stations
• 2.5 Edison, Ford, and the Electric Car
• 2.6 The Utility of Electricity

Chapter 3: Expanding Horizons (1907—1919)

• 3.1 Insull and the Financial Crisis of 1914: Letter to William Beale
• 3.2 World War I’s Coal Transportation Crisis
• 3.3 Insull’s Argument for America’s Entry into World War I
• 3.4 Insull on Government Intervention

Chapter 4: Peak and Peril (1919—1929)

• 4.1 Anti-Electricity, Anti-Capitalism
• 4.2 Insull and Electric Vehicles
• 4.3 Insull’s Views: Some Quotations
• 4.4 Federal Trade Commission Investigation
• 4.5 Was Cyrus Eaton a Threat to Insull’s Empire?

Chapter 5: Plummet and Ruin (1930—38)

• 5.1 Insull’s Blind Spot: Business-as-Usual
• 5.2 Insull Confessions
• 5.3 Why Pyramiding?
• 5.4 The “Morgan Conspiracy” Theory
• 5.5 Insull’s File Biography
• 5.6 Insull, the New Deal, and Judge Wilkerson
• 5.7 Government Depression and Antidepression Policy and Insull’s Collapse
  

Chapter 6: Meadows to Murchison

• 6.1 The Great Depression (1929—38)
• 6.2 Clint Murchison and Oil Regulation
• 6.3 Murchison and Handshake Integrity
• 6.4 Other Murchison Political Involvement

Chapter 7: A Monumental Mistake (Trans-Canada Pipe Lines, Ltd.)

• 7.1 Lobbying Howe
• 7.2 Nationalist Arguments for Trans-Canada
• 7.3 Would Trans-Canada Have Been Built?
• 7.4 Trans-Canada and U.S. Wellhead Gas Controls
• 7.5 Canadian Gas Export Policy
• 7.6 The Rise and Fall of Clint Murchison Jr.

Chapter 8: Florida Gas Company

• 8.1 Natural Gas and Florida Environmental Issues
• 8.2 Wellhead Gas Price Regulation
• 8.3 Revenue Risk at Florida Gas Transmission
• 8.4 Transgulf Pipeline and Federal Rate Regulation
• 8.5 Ken Lay and LNG Pricing

Chapter 9: Transco Energy Company

• 9.1 Politics and the Origins of Texas Eastern Transmission Corporation
• 9.2 FPC Curtailment Policy
• 9.3 Jack Bowen as Political Capitalist
• 9.4 Reconstructing Markets under Natural Gas Price Controls
• 9.5 Ken Lay on Coal and Coal Gasification

Chapter 10: The Price of Bankruptcy (John Henry Kirby)

• 10.1 John Henry Kirby and Ken Lay: Parallels
• 10.2 Timber Conservation Practices
• 10.3 Kirby’s Philosophy
• 10.4 Conspicuous Consumption
• 10.5 Labor Issues
• 10.6 Kirby and Bigotry
• 10.7 Kirby and Protectionism
  

Chapter 11: Pretty Boy and Mr. Pipeliner [Robert Herring and Ray Fish]

• 11.1 Herring at Ground Zero
• 11.2 Gas Pipelines and Eminent Domain

Chapter 12: Formation and Maturation

• 12.1 Standard Oil and Texas Politics
• 12.2 Joseph Cullinan as a Political Capitalist
• 12.3 “Natural Monopoly” and Gas Regulation in Houston, Texas
• 12.4 Federal Regulation and Gas-Industry Disintegration
• 12.5 Houston Milestones

Chapter 13: Robert Herring and After

• 13.1 Intrastate Regulation by the Texas Railroad Commission
• 13.2 HNG and Federal Gas Regulation
• 13.3 HNG: Transitioning from Natural Gas to Coal
• 13.4 HNG and High-Sulfur Coal
• 13.5 Joanne King Herring
• 13.6 Robert Herring: Civic and Professional Associations and Awards
• 13.7 HNG as a “Fortune 500” Company
• 13.8 Robert Herring and Ken Lay: Parallels