[AGL] Enron, BP and Toll Roads

[Connie Clark]

Interesting developments:
   
  It was revealed in yesterdays Houston Chron that BP will be getting a very stiff fine for heaving polluting - they reported excesive releases of amonia and formaldahyde (a precursor to ground level ozone) in 2004.  They are the No. 1 toxic polluter down here.  But then, they are not sure if it was new way of calculating.  Nevertheless, these new figures will change all of the areas calculations for the Clean Air Act.  It's back to the drawing board for meeting the ozone levels for 2010.  Anyway, I wouldn't believe their 'green' ads.
  http://www.chron.com/disp/story.mpl/front/3845870.html
   
  The Harris County Toll Road Authority was shocked to learn that TxDOT wants them to pay $1 billion for the privilage of building roads on 3 corridors (about 80 miles) that TxDOT had acquired ROW and planned.    Plus they want 50 percent of the toll revenue.  It turns out that TxDOT's negotiations with Cintra-Zachry to build the I-35 Trans-Texas Corridor 35 has given them some extra bargaining power.  Cintray-Zachry is offering $6 for the Central Texas project.  The Harris County Commissioners are incensed at the proposed price - now realize they must compete with private industry.  This may prompt them to sell the whole thing to a private consortium - duck and run, a typical Republican strategy when govt/tax money machines dry up.
   
  Enron trial is winding down.  Prosecutors are feeling good about the case - think they may be putting both Skilling and Lay away.
   
  -30-
  Connie
   
   
   
   

		
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