Ellsworth started AIC after
EnSearch left the state in the mid-1980s when oil prices collapsed.
(58.) See Notice of Apparent Liability for Forfeiture of
Ensearch Corp., Forfeiture Order, FCC 00-268 (July 27, 2000), 2000 WL 1028741 (F.C.C.); Qwest, Order, supra note 14 (holding Qwest liable for forfeiture in the amount of $2,080,000); Business Discount Plan, Order, supra note 14 (assessing a $2,400,000 forfeiture against Business Discount Plan, Inc.).
In another situation, Texas Utilities announced plans to acquire
Ensearch Corporation and to reduce costs throughout the organization.(20) Even with low electricity rates and no retail deregulation legislation, Texas lost more than 9,000 jobs in the electricity industry between 1991 and 1997.
Under their low bid of $9.15 million, the
Ensearch partners agreed to build the 125-foot high dam and dig the 3.5-mile power tunnel.