Monday, July 28

Texas' Electricity Market: Oh, The Irony...

There were more than a few Texans that delighted in the pain that Enron delivered to California during the electricity crisis a few years ago. Interestingly, the state that exploits energy the most is now getting a taste of it's own medicine. Texas apparently deregulated their energy markets a few years ago and now is feeling the effects. Of course, having seen what happened to California, they have learned the lessons and created a better system to avoid those same issues, right?
Oh, the irony.

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