@pro_grammer to [email protected]English • 1 month agoTexas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energyfortune.comexternal-linkmessage-square167arrow-up1732arrow-down19cross-posted to: [email protected]
arrow-up1723arrow-down1external-linkTexas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energyfortune.com@pro_grammer to [email protected]English • 1 month agomessage-square167cross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish48•1 month agoThis is Enron-scale manipulation. Someone’s ripping off the public and making a mint with the help of the regulators.
minus-square@[email protected]linkfedilinkEnglish31•1 month agoJerry Jones, yeah same one that owns the Cowboys, made almost $1B off the price hikes durning the big freeze that almost crippled the grid.
minus-square@[email protected]linkfedilinkEnglish8•edit-21 month agoThe vast majority of Texans are on contracted plans and pay a consistent price per kilowatt. That doesn’t mean prices won’t skyrocket when that contract renews though
This is Enron-scale manipulation. Someone’s ripping off the public and making a mint with the help of the regulators.
Jerry Jones, yeah same one that owns the Cowboys, made almost $1B off the price hikes durning the big freeze that almost crippled the grid.
The vast majority of Texans are on contracted plans and pay a consistent price per kilowatt.
That doesn’t mean prices won’t skyrocket when that contract renews though