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...high-cost plants, particularly nuclear facilities, just as lower-cost competitors are moving in. So high-cost outfits like Boston Edison and the New England Electric System in Massachusetts are selling off their generating plants to deliver power produced by other companies. Brash newcomers such as Enron Corp. of Houston, one of the country's largest distributors of natural gas, are buying megawatts of electricity on the open market and selling them around the country. It's called wheeling...

Author: /time Magazine | Title: POWER TO THE PEOPLE | 3/10/1997 | See Source »

...will Duke Power Co. of Charlotte, North Carolina, which is acquiring PanEnergy, a Houston marketer of natural gas, for $7.7 billion. "For the past 10 years, we've been running our company as if our customers already had a choice of power suppliers," says Richard Priory, Duke's chief operating officer. The company recently teamed up with Louis Dreyfus, a commodities trading house, to create a venture that will manage utilities like the city-owned electricity supplier in Dover, Delaware. Awaiting local approval is a program to help make the Los Angeles Department of Water and Power, the country...

Author: /time Magazine | Title: POWER TO THE PEOPLE | 3/10/1997 | See Source »

...tradition of the Bad Boys of Detroit and the Rockets of Houston, the Crimson of Harvard has now captured back-to-back championships. But neither the Pistons nor the Rockets could make history in the process as the Bulls did last year by winning an NBA-record 70 games...

Author: By Eduardo Perez-giz, | Title: W. Basketball Tops Ivy League Again | 3/1/1997 | See Source »

...doubting Thomases need only look at the atrocious uniforms of the mid-80s Houston Astros. How anyone could root for those shirts is beyond...

Author: By Jamal K. Greene, | Title: Figuring Out the Fans | 2/27/1997 | See Source »

Sure, Penn sure was something in its day, with Jerome Allen and Matt Maloney leading the Quakers to two straight undefeated Ivy seasons and a few Top 25 rankings. But Allen is now with the Denver Nuggets and Maloney the Houston Rockets, and neither did a heck of a lot for Penn on Saturday night...

Author: By Eric F. Brown, | Title: A Frozen Moment | 2/24/1997 | See Source »

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