
Documents I found: 
- Enron's main technique to pump up earnings probably revolved around a loose-as-a-goose process for the accounting of energy derivatives. 
- Enron is in the business of making markets. 
- Wall Street was impressed with Enron's strategy of swooping into formerly regulated markets to broker contracts for natural gas, electricity or unused telecom bandwidth. 
- Energy traders such as Enron benefited from rising electricity prices in the U.S. West. 
- One of the key aspects of the business process is that it allows customers to trade energy commodities with Enron, by simply "clicking" bid and offer prices and quantities published to them via the Internet. 
- - Enron makes markets, buying and selling power.
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- Enron was particularly aggressive in making energy derivatives markets in very long-dated contracts, writing deals on gas and power out nearly 20 years. 
- To gain overwhelming market share, and thus dominant market knowledge, it offered very narrow buy-sell "spreads. 
- Energy trading companies depend on Enron as the major market maker for their commodities. 
- But the best explanation I've received -- that Enron bought power plants in far-flung places to gain access to information about supply and demand in those markets that it could use in trading -- still rings hollow. 
- Enron responded by hiring a cadre of gas traders and Wall Street traders. 
- Energy traders have said for months that Enron wisely shorted the market while U.S. natural gas and western power prices plunged from peaks reached in the first half of 2001. 
- Enron had been the largest energy marketer in North America for many years. 
- Enron typically targets tightly controlled markets just as they are opening up, using its financial clout and risk-management savvy to gain a dominant market position. 
- Everything in the energy industry touched Enron. 
- Enron and Dynegy traded and marketed energy. 
- Enron typically targets tightly controlled markets just as they are opening up, using its financial clout and risk-management acumen to gain a dominant market position. 
- Enron's tactic is clever because the clear- ing function for commodity markets can be enormously profitable. 
- A former federa 


Answer the question using only the documents I found. Do not reference any other materials. 
If and only if the answer is not contained in the provided context, say only 'I couldn't find a good answer.'

Your answers should be delightful to read.

Question: how did Enron manipulate energy markets?
Answer:   There should be exactly 3 paragraphs separated by the markdown divider: ***.
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