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Enron
Acquired
The Power of the Natural Gas Industry in the United States
In 1978, Jimmy Carter signs the National Energy Act. It starts to open back up parts of the energy economy in the U.S. to free market competition. The first big area that deregulates is the natural gas industry. So enter one Kenneth Lee Lay. He's a star student in the economics department and goes on to work in the oil industry after he graduates.
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