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Response to True Blue American (Reply #75)

Tue Feb 23, 2021, 08:22 AM

77. Different States With Different Rules

I guess.
I'm sure Texas has some screwy laws around this. That's not a criticism of Texas, just based on how they set up this flawed system.
Also, I'll guess that in the case you mentioned, an actual crime was committed. It's probably easily within a judge's purview to prevent law breakers from profiting, which would include the bribing parties.
I honestly don't think anybody needed to break any laws for this to happen in the electrical system in Texas. The way this is set up, it's a free for all and this was the consequence.
I heard what I did on CNN radio, and I switched from Volume during a commercial. So, I didn't get details. But, it seems high Texas officials can simply declare an emergency and tell the generating companies they can't sell to the commodity market and revert to a direct billing process through the emergency.
I didn't hear anything about why they waited a week to do something.

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