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Enron was founded in 1985 by Kenneth Lay during the merger of two pure gasoline transmission firms, Houston Pure Fuel Company and InterNorth, Inc.; the merged organization, HNG InterNorth, was renamed Enron in 1986. Once the U.S. Congress adopted a number of legislation to deregulate the sale of all-natural gasoline inside the early nineteen nineties, the corporate dropped its exclusive correct to operate its pipelines.
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