Transco, every mention
9 scenes (2022) · ← back to Transco
tap a year for its mentions
every year 2022 anyone David Rosenthal 8Ben Gilbert 1
Verbatim, from the transcripts: the passages where Transco comes up
Enron · Acquired
- ▶ 17:32 David Rosenthal So, right as he arrives in Houston at Transco, two things are happening.
- ▶ 17:59 David Rosenthal Transco runs into a problem.
- ▶ 18:01 David Rosenthal It's contracted to buy a whole bunch of oil and gas assets from various producers, various drillers, you know, around Texas and around the country, and those contracts have Transco buying the assets at an ever-increasing price, because the…
- ▶ 18:23 David Rosenthal People think that Transco might go under.
- ▶ 19:22 Ben Gilbert And so Transco was doing this.
- ▶ 19:24 David Rosenthal Transco was doing this.
- ▶ 19:28 David Rosenthal So before Transco and Lay, the whole idea of like any form of trading or financialization of energy, of oil and gas, didn't really exist because it was all regulated by the government before then.
- ▶ 20:42 David Rosenthal I am going to look at the market that Transco is now making.
- ▶ 21:33 David Rosenthal So, on the back of that, in June of 1984, Lay, remember he's number two at Transco, he gets poached by another big Houston energy company, Houston Natural Gas, to come over as the CEO.