Gregoire Announces Plan for Distribution of Energy Settlement Money
SEATTLE -- Attorney General Christine Gregoire today announced a plan for distributing approximately $37 million the state will receive over the next 20 years from antitrust settlements with two major energy companies, Williams Energy and El Paso Energy.
The settlement with El Paso, announced last June, and the settlement with Williams, reached in November 2002, followed investigations by the attorneys general of Washington, Oregon and California into alleged illegal manipulation of electricity prices during the West Coast energy crisis of 2000-2001.
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