Originally posted by: Kevin Lewis
Everybody "looked into" how Texas botched the cold weather crisis--then they "looked into" the massive power bills that cistomers were charged. (And I'm not referrring to the $10,000 charges.)
They also saw how Texas' virtually unregulated power utilities didn't have the infrastructure to handle surges in demand. Lacking any kind of coordinated oversight, like a state regulatory agency with any actual power, they failed miserably when a crisis materialized.
That's why Texas power is so cheap. No regulation, no oversight, grossly outdated infrastructure--it falls apart like a cheap watch. Ya'll see, there jest ain't no free lunch. Y'all gits what y'all pays for.
Whatever...