Friday, September 24, 2021

Prager U Video - The Great Texas Freeze of 2021

In February 2021, the temperature in Texas dropped below zero. Not a big deal, right? Texas is the energy state. Just go home, turn on the heat, and hunker down. That’s how it should have gone. But it didn’t. What happened, and why?
Prager U Video - The Great Texas Freeze of 2021


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3 comments:

oldvet1950 said...

I have to disagree on the closing statement here....the government is the only entity that CAN fix it. In states that have de-regulated power, the type of plants that are built are the ones that will make the most profit, not the ones that will actually supply power. Any fool can understand that economic supply and demand laws will raise prices during scarcity and that is exactly what a profit driven generation company wants.

George W. Potts said...

So capitalism is to blame … not crony capitalism?

Anonymous said...

So capitalism is to blame … not crony capitalism?