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I completely agree. This is a bit of a process though, look at how Texans with variable rates responded to extremely high (90 times normal rate) prices: some ju
by tda 6y ago
I completely agree. This is a bit of a process though, look at how Texans with variable rates responded to extremely high (90 times normal rate) prices: some just said f*ck it and managed to use 10-20K USD electricity in a few days.
- galangalalgol 6y agoFor those that still had power, I don't think they were thinking about the price, they were busy trying to make sure their pipes didn't freeze or to find clean drinking water if they already had. And inviting neighbors over that didnt have water or power and maybe had flooding with burst pipes and icicles on the ceiling. A couple blocks from me there were people building trash can fires with people huddled around them and further off in the neighborhood someone froze trying to sleep in their car instead of driving on the frozen roads. I can see skyscrapers from my front lawn, its not like its rural, we just weren't prepared. Lifesaving resources like shelter, heat, water, or medicine for that matter don't play nicely with the free market. Infinite demand...