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The Water Cooler
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Utility Bill Shock?
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<blockquote data-quote="Dale00" data-source="post: 3528747" data-attributes="member: 688"><p>It’s quite a drama. Lots of officials scrambling to deflect the blame or obscure the shortcomings of their planning. When the news reports cite the ridiculous prices paid for energy during the scramble to keep the Texas grid functioning, I could not help but recall Enron and the fact that it was a Texas company.</p><p></p><p>I’m reading speculation that the Left might somehow have set Texas up for this fall. It seems half way plausible: dangle money in front of powerful individuals to invest in the wrong sorts of power systems that would inevitably fail when a strong enough cold snap occurred. More likely it was just short term thinking and greed for quick profits.</p></blockquote><p></p>
[QUOTE="Dale00, post: 3528747, member: 688"] It’s quite a drama. Lots of officials scrambling to deflect the blame or obscure the shortcomings of their planning. When the news reports cite the ridiculous prices paid for energy during the scramble to keep the Texas grid functioning, I could not help but recall Enron and the fact that it was a Texas company. I’m reading speculation that the Left might somehow have set Texas up for this fall. It seems half way plausible: dangle money in front of powerful individuals to invest in the wrong sorts of power systems that would inevitably fail when a strong enough cold snap occurred. More likely it was just short term thinking and greed for quick profits. [/QUOTE]
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