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re: Texans Froze To Death Because Biden Admin Ordered ERCOT To Throttle Energy Output By Forci
Posted on 2/20/21 at 5:42 pm to jimmy the leg
Posted on 2/20/21 at 5:42 pm to jimmy the leg
Yeah that’s an a-hole move to artificially inflate the price. No one in their right mind would defend that.
But that did absolutely nothing to limit, constrain or impact supply of generation. Therefore, this thread title is a lie regardless of how retarded this order is.
ETA: what the article should say is:
Texans getting price gouged because Biden admin ordered ERCOT to charge a minimum of 57x more than normal prices
Also, that $1,500 minimum probability didn’t matter since it hit $8000/MWh. But it’s still asinine.
But that did absolutely nothing to limit, constrain or impact supply of generation. Therefore, this thread title is a lie regardless of how retarded this order is.
ETA: what the article should say is:
Texans getting price gouged because Biden admin ordered ERCOT to charge a minimum of 57x more than normal prices
Also, that $1,500 minimum probability didn’t matter since it hit $8000/MWh. But it’s still asinine.
This post was edited on 2/20/21 at 5:49 pm
2
Posted on 2/20/21 at 5:53 pm to billjamin
quote:
But that did absolutely nothing to limit, constrain or impact supply of generation. Therefore, this thread title is a lie regardless of how retarded this order is.
Is ERCOT budget restricted? Serious question as I honestly don’t know. I ask because if they are forced to buy at the price gouging level, run out of funds, and subsequently are denied the legal means to produce excess power without running afoul of the DoE. then the argument that the Biden administration has culpability has merit (even if the thread title is salacious in nature).
My question is, why didn’t Abbot tell the DoE to go frick themselves? Is their something stopping him? Criminal penalties?
Secondly, where was Cruz in all of this. I could give a shite if he took his family to Cancun.
Allowing the DoE to do this to your constituency is unacceptable. That is provided that he knew. Still, if he didn’t know, why didn’t he know. These are questions that I would like to see asked and answered.
This post was edited on 2/20/21 at 5:56 pm
Posted on 2/20/21 at 6:43 pm to billjamin
quote:
Yeah that’s an a-hole move to artificially inflate the price. No one in their right mind would defend that.
It was done intentionally for profit?
quote:
Besides the impact on households, the cold is wreaking havoc on the energy industry itself. U.S. oil production has dropped by well over a million barrels a day, helping U.S. crude prices trade above $60 a barrel for the first time in more than year.
https://www.washingtonpost.com/business/on-small-business/us-power-crisis-leaves-millions-cold-dark-as-blackouts-expand/2021/02/15/26597b8e-6fec-11eb-8651-6d3091eac63f_story.html
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