Chapter Notes & Bibliography
Introduction
Introduction to Part I
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Introduction to Part II
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Introduction to Part III
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Epilogue
Edison to Enron: Energy Markets and Political Strategies
(Outline: Summer 2011)
Introduction: Energy History in Rhyme
Part I: The Chief
Chapter 1 Building General Electric
Prodigy
Breakthrough!
Thomas Edison
"Financial Factotum"
J.P. Morgan
From Dynamo to Jumbo
Edison Construction Department
Edison Light Company
Edison Machine Works
Competition Maximus
Going Napoleonic
Edison General Electric Company: 1889—92
General Electric Company (1892)
Farewell, New York
Chapter 2 Dynamo at Chicago Edison: 1892—1907
Hello, Chicago
Settling In
Innovation Maximus
"Cut-and-Try" Rates
Consolidation (Horizontal Integration)
Scaling Production/Distribution
Two-Part Rate Design
Financing
Chicago, Industry Leader
A Marriage of National Note
A Political Birth (Commonwealth Edison Company)
A Call for Public-Utility Regulation (1898)
From Chicago Edison to Commonwealth Edison
Selling Out Supply
Massing Production
Sales Redux
Vertical Integration
A New Name
15 Years of Progress
Chapter 3 Expanding Horizons: 1907—1918
Middle-Age Apex
Load Management
Rural Electrification
The Gospel of Consumption
More Massed Production
Public Service Company of Northern Illinois (1911)
Middle West Utilities (1912)
Peoples Gas Light and Coke Company (1913)
Road to Regulation
A Silver Anniversary (1917)
Corporate Culture
World War I
A New Path
Chapter 4 Peak and Peril: 1919—1931
Introduction
Commonwealth Edison: At the Core
Massed Production
Massed Consumption
World Leader
Resuscitating Peoples Gas
Public Service Northern Illinois: Measured Progress
Networked Power
Middle West Utilities: Going National
From Edison Spirit to Welfare Capitalism
Smilesian/Insullian Man
Perquisites
Managing Regulation
Leveraging Success
At the Peak
Chapter 5 Plummet and Ruin: 1930—38
Foibles and Flaws
Fatal Attractions
Pyramiding Gyrations
A Final Celebration
Collapse and Resignations
Resignation and Retrenchment
Political Scapegoat
The Trial
Sunset and Legacies
PART II: The Boss—Jack Bowen
Chapter 6 Meadows to Murchison
Discovering Energy—and Clint Murchison
Southern Union to Delhi Oil
El Paso Natural Gas Company
Inside Delhi Oil
Chapter 7 A Monumental Mistake
Murchison at Twilight
Canadian Pipe Dreams
Getting Political
Dodging Failure
Parliament's Bailout
Collateral Damage
Epilogue
Chapter 8 Florida Gas Company
From Coastal Transmission to Houston Corporation
A New CEO ... for Florida Gas Company
Mr. Natural Gas
A Problem in Paradise
Diversification
Grandeur for Gas
The Energy Crisis
More Diversification
Management Changes
A Doctor for Natural Gas
Bigger Things for Bowen
Oil and Vinegar
Continental Resources Company
Ken Lay Moves On
Chapter 9 Transco Energy Company
To the Northeast
A Gas Supply Problem
Jack Bowen Arrives
Another Doctor Call [Ken Lay]
Public-Policy Activism
Looking Ahead
Lay Leaves Transco
George Slocum Takes Over
More Problems
New Leadership
Williams Companies
Retrospective
PART III: Houston Natural Gas Corporation
Chapter 10 The Prince of Bankruptcy
"Father of Industrial Texas"
One Plan, Two Companies
Problems
Bankruptcy
Resurrection
The Great Man
Patriot and Protectionist
Bankruptcy, Again
John Henry Kirby Reconsidered
Unquenchable Optimist
"Lord Bountiful"
Capitalism à la Carte
Chapter 11 Pretty Boy and Mr. Pipeliner
"Pretty Boy"—Robert Herring
"A World Beyond"
Back to Texas
"Mr. Pipeliner"—Ray Fish
Fish Engineering Corporation
Pacific Northwest Pipeline
Losing a Protégé
Chapter 12 Formation and Maturation
Houston Oil Company Breaks Out
New Companies for Natural Gas
Competition Makes a Company
The Frank Smith Era (1933—55)
The John H. "Bus" Wimberly Era (1955—67)
Purchasing Houston Pipe Line
Purchasing Valley Gas Production, Inc.
Other Developments
Chapter 13 Robert Herring and After
The Robert Herring Era (1967—81)
A Fast Start
The Roaring 1970s
Energy Politics
A World Beyond
The M. D. Matthews Era (1981—84)
A New CEO
Operating Results
A Tender from Coastal Corporation
New Leadership: Ken Lay
Epilogue Market Order, Political Peril
Market Ordering
More from Less—and Less to More
Creative Destruction
Sustainable Energy
Government Intervention
Typology of Interventionism
Interventionist Dynamics
Unintended Consequences
"Bootleggers and Baptists"
Public Utility Regulation: Manufactured Gas and Natural Gas
Beginnings
Call for Regulation
Statewide Regulation
Federal Regulation: Interstate Pipelines
Federal Regulation; Production
Revamped Federal Regulation
Why Regulation?
Public Utility Regulation: Electricity
Rent-Seeking Mentality
The Open Door for Ken Lay—and Enron
Source Notes
Bibliography
Name Index
Subject Index
