this post was submitted on 09 Oct 2024
45 points (95.9% liked)

Texas

1478 readers
33 users here now

A community for news, current events, and overall topics regarding the state of Texas

Other Texas Lemmy Communties to follow

Sports

BYPASSING PAYWALLS

Rules (Subject to Change)

founded 1 year ago
MODERATORS
 

Alleged that gas companies created artificial shortage days before storm to boost demand and then charge elevated rates, which then caused blackouts

top 4 comments
sorted by: hot top controversial new old
[–] some_guy@lemmy.sdf.org 10 points 2 weeks ago (1 children)

Those companies, plaintiff’s lawyer Andrew Gould argued on Monday, “diverted natural gas before winter, to create artificial scarcity — thus driving up the price.”

This would be hilarious if true. Capitalism strikes again.

[–] InternetCitizen2@lemmy.world 2 points 2 weeks ago

I'd like to see the clowns at r/austrian_economics spin it.

[–] Poach@lemmy.world 5 points 2 weeks ago

Ah yes, the private market working as intended.

[–] sanae@lemmy.world 3 points 2 weeks ago

enron 2 electric boogaloo