Enron emerged as a pipeline company, whose major operations included buying gas and power from the producers and supplying them to the consumers. The fluctuation of prices and increased usage of the spot pricing provided Enron with a golden chance of acting as an intermediary between the producers and the consumers regarding the settling of the price. Moreover, the deregulation of the gas prices by the government did nothing less than enabling the company to set the prices with respect to their discretion. Enron did not let the opportunity go to ...