Oregon Department of Justice

Attorney General Ellen F. Rosenblum

Oregon Department of Justice - Attorney General Ellen F. Rosenblum
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AG To Distribute Williams Funds

March 12, 2003

Attorney General Hardy Myers, along with Commissioner Roy Hemmingway, chair of the Public Utility Commission (PUC); Michael Grainey, Director of the Office of Energy; Bob Repine, Director of Oregon Housing and Community Services; and Jay Formick, Executive Director of Oregon HEAT, will be announcing the distribution of funds obtained in the recent settlement with Williams Companies, Inc. and the Williams Energy Marketing and Trading Company at a news conference on Thursday, March 13, at 11:00 a.m. in the pressroom of the Oregon State Capitol.

The $15 million settlement, which was announced in November 2002, is a product of a coordinated investigation into allegations of price manipulation and antitrust violations in the Western power market initiated by the attorneys general of Oregon, Washington and California in January of 2001.

Williams Settlement Distribution

News Conference

Thursday, March 13, at 11:00 a.m.

Pressroom, Oregon State Capitol, Salem

Contact:

Kevin Neely, Justice, (503) 378-6002
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