ChJoe

The GOP is now the true party of the blue collar working man and woman while the democratic socialist party is the party of the coastal elites. The GOP now represents responsibility while the democratic socialists represent entitlements and discriminatory principles.

This gives me hope for the future!

Carol Kelly

He proved that he can take care of two things at one time. I’m proud of him. He’s a man to keep our eyes on.

woodguru

What are you fools talking about, Texas is melting down in terms of a scandal along the same lines as the Enron energy debacle in California that cost the state $40 Billion dollars because the federal government refused to regulate energy companies and their pricing roles in the grid power structure.

What two things did Cruz take care of at the same time?

Wonttakeitanymore

Hows that renewable energy going for you zombie?

woodguru

So, your GOP is representing responsibility in Texas?

Responsibility is the last thing the GOP represents, it's time to wake up and recognize what the GOP as it stands now it, because the responsible end of the republican party is going to be annihilated by trump taking pot shots from the sidelines. Cruz can join the new patriot party or wh**ever the party of trump will be called.

By the way, you just did a tell that you subconsciously or consciously know that trump will not be running so it's time to keep an eye on the replacement for 2024.

woodguru

Excellent, and by the way, ERCOT loves their wind and solar that gives them dirt cheap power in the summer for their heat driven peak power loads.

ChJoe

No we're not. What we are looking at is how the MSM is hiding the fact that Texas requested a lifting of Biden green regulations but were denied, an entire week before the big storm hit.

nwtk2007 Loc: Texas

An Emergency Order from the Biden administration’s Department of Energy shows Texas energy grid operator ERCOT was instructed to stay within g***n e****y standards by purchasing energy from outside the state at a higher cost, throttling power output throughout the state ahead of a catastrophic polar vortex.

Milosia2 Loc: Cleveland Ohio

And this:

Texas Gets Lay’d:
How the Bush Family turned off the Lights

by Greg Palast |

Maybe because Texas gave us that wet-lipped huckster Ted Cruz, you think the state deserves to freeze in the dark.

I get that, but it’s not their fault, at least not the victims burning family heirlooms to stave off frostbite.

“What happened was entirely predictable,” power distribution expert attorney Beth Emory said of the blackouts. She told me this twenty years ago, after the first blackouts in Texas and California, following the cruel experiment called “deregulation” of the power industry.

Until 1992, the USA had just about the lowest electricity prices in the world and the most reliable system.

For a century, power companies had been limited by law to recovering their provable costs plus a “reasonable,” i.e. small, profit. But in 1992, George H. W. Bush, in the last gasps of his failed presidency, began to deregulate the industry.

The de-regulation mania’s principal promoters were my two professors, Milton Friedman and George Stigler, who claimed that the problem with regulated and publicly-owned systems was that they were too reliable. Utilities, which could only charge what they spent, were supposedly “gold plating” their systems – i.e. investing too much into making sure lights stayed on. That "problem" has been fixed.



“Deregulate” is a misnomer. “De-criminalize” describes it best. With the “free market” supposedly setting the price of power, Texas-based Enron was freed to use such techniques as “Ricochet,” “Get Shorty,” and “Death Star” to blow prices through the roof when weather shut down power plants. (This week was not the first game of Texas Gouge’m.)

Enron was not the only Lone Star power pirate. Houston Power & Light was “ramping” plants up and down at odd hours which whistleblowers said was deliberate.

Bush’s son “Shrub,” Texas Gov. George W. Bush, signed a law in 1999 forcing the state’s hapless customers to accept any price the “free” market dictated. Enron’s CEO Ken Lay showed his appreciation by becoming Baby Bush’s number one donor for Dubya’s p**********l ambitions.

This week, wholesale electric prices in Texas, normally $50 per megawatt-hour, busted over $9,000/MWHR. Again. It happens with every cold snap and heat wave. One shop owner, Akilah Scott-Amos, showed the Daily Beast her electric bills which blew up from $34 per month to $450 for a single day.


On Saturday, February 13, 2021 Griddy customer Akilah Scott-Amos was charged $456.78 for a single day’s power. By Monday, her bill had increased by another $2,500. Last year, she paid $33.93 for the entire month of February.

Cutting the Power Lines to Texas
Every state in America interconnects their power lines to provide back-up in case of emergencies. Except Texas. To prevent federal regulation, Texas deliberately has refused to connect its lines to other states.

The federal government, can only police utilities that are connected to the national grid. So, Texas literally cut itself off from the rest of the USA’s electric system.

Texas Governor Greg Abbott blames frozen wind farms for this week’s deadly disaster. Gov. Quixote’s attack on windmills ignores his state’s suicidal disconnection from the region’s back-up sources. California is sitting on massive excess power capacity. With 80,000 megawatts of capacity, the Golden State often gives away power free to other states. This week, the sun is shining here in LA — and our solar, wind and hydro generators could easily un-thaw Texas if the Lone Star hadn’t been Lay’d by the Bushes.

Of course, the rulers of Texas, the beneficiaries of freezer-burn pricing, know this. This week, former Texas Gov. Rick Perry, Trump’s first Energy Secretary, said, “Texans would be without electricity for longer than three days to keep the federal government out of their business.”

Well, Rick and Ted can tan in Cancun while oxygen machines in Laredo shut down.

The Solution: Democracy
I didn’t need a crystal ball in 1998 when I predicted that California, Texas, Oregon and Rio de Janeiro would go dark and cold if they de-regulated their power markets.

In a series of lectures at Cambridge University, the London School of Economics and the University of Sao Paolo [yes, I had a life before journalism], I said, in academic terms, the screamingly obvious: There is no such thing as a “free” market in electricity. Electricity isn’t a bagel. You can’t skip it in the morning when the price goes berserk nor shop at another electricity store.

The alternative to blackouts and price gouging is Democracy. Regulation is merely the enforcement of publicly v**ed rules to protect the public from economic overlords.

This alternative to free market mania was first applied by the man who electrified America, President Franklin D. Roosevelt.

Listen to FDR in Portland, Oregon, in 1932::
To the people of the country I have but one answer on this subject. Judge me by the enemies I have made. Judge me by the selfish purposes of these utility leaders. My friends, my policy is as radical as the Constitution of the United States. I promise you this: Never shall the Federal Government part with its sovereignty or with its control of its power resources while I’m President of the United States.
To make his point, the Roosevelt Justice Department arrested the nation’s top utility executive Samuel Insull and busted up his holding companies.

Democratizing the electric system also produced another alternative to Ken-Lay-ism: socialism. In the 1930s, much of America had no electric service. Roosevelt launched the massive rural electric cooperatives, Tennessee Valley and Bonneville Power Administrations, and other publicly-owned systems that still today provide cheap, reliable non-profit power to one fifth of America.

Darkness at Noon in Portland
The reason Portland, Oregon, also went dark this week goes back to July 20, 2005, when the Governor of Oregon, Ted Kulongoski, vetoed a bill that would have allowed the city’s residents to take ownership of the Enron-owned power system.

According to my professors, Milton Friedman and George Stigler, the problem with the formerly regulated and publicly-owned systems is that they were too reliable. Utilities, which could only charge what they spent, supposedly “gold plating” the system – i.e. invested too much into making sure it works.

The privateers of Portland and of Houston can now pocket the savings from letting their systems decay. And they have.

So, the solution to the deadly darkness is obvious: More Roosevelt, less Bush.

To add a point the customers who signed up for autopay,
Auto paid , some up to $16,000 autoextracted from their accounts.
A win win .

kemmer

Wind and solar provided 10% of Texas power. 4 members of ERCOT resigned over their bungling of power deliveries during the storm.

ChJoe

From nwtk previous comment: An Emergency Order from the Biden administration’s Department of Energy shows Texas energy grid operator ERCOT was instructed to stay within g***n e****y standards by purchasing energy from outside the state at a higher cost, throttling power output throughout the state ahead of a catastrophic polar vortex.

So why did they resign?

kemmer

Texas does not buy energy from out of state—like all other states can. Texas chooses to remain its own little energy unit, and when there’s an emergency everything falls apart, but that’s what Texas wants. Then it has to go begging Washington for help because it can’t plug into neighbor states’ resources.

ChJoe

ChJoe

You are so full of incorrect information today.

lpnmajor Loc: Arkansas

OMG!