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.
Exploiting Investor Attention to P/E [PREMIUM]
34 minutes ago