Energy: Cracking Open a Crude Scandal

Tripped in an old-new switch

The yearlong investigations have been clouded in mystery, covered with top-secret code words and confused by accusations of corruption and foot dragging on the part of some of the investigators. But last week the Texas oil-price scandal broke open a bit when a federal grand jury in Houston handed up criminal indictments charging two small oil companies and five of their executives with a multimillion-dollar rip-off "This is just the tip of the iceberg," said a delighted J.A. ("Tony") Canales, the U.S. Attorney in Houston. "This is not a one-shot deal. It's just the first case,...

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