It's Texas again, where their free-market Mousketeers have created a Petri dish for price gouging in electricity.
As a result of the anthropogenic climate change which the powers-that-be in Texas have denied, we are seeing an 800% surge in power prices:
Texas power prices for Sunday surged more than 800% as searing heat pushes demand toward record levels and strains supplies on the state grid.
Electricity prices for the grid rose to more than $2,500 a megawatt-hour for Sunday evening, up from Saturday’s high of about $275, according to data from the Electric Reliability Council of Texas, the grid operator. The surplus of available power capacity on the grid versus power consumption will narrow to 1.6 gigawatts in the hour ending at 6 p.m. Sunday, a level that can trigger emergency responses, though Ercot has additional reserves it can tap to meet demand.
This is at least the 3rd time in recent memory that Texas' criminogenic approach to its power grid has resulted in this situation.
It is clear that the people of Texas need a more functional and less corrupt government, and returning the Lone Star State to Mexico would do this.
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