And the Scummy goes to…. Shell Oil Company for Overcharging Californians by $779 Million!
A judge found that Shell traders used Enron-esque schemes to drive up day-to-day energy prices during the power crisis 15 years ago, resulting in Californians overpaying Shell by $779 million.
Taped telephone conversations caught traders asking each other whether they had ethical problems with rolling blackouts. “I don’t know how honest that is, but we’re not in the honesty game, are we?” Another replies, “We’re in optimizing. It’s not a question of honesty. … It’s a question of optimization.”
