[C19fan]

Utility companies have let coal stocks dwindle and are buying less fuel after Beijing froze power prices last year, while allowing the market-set costs producers pay to rise. Sounds exactly like CA during the Davis era power crisis.

[SFConservative]

Sounds exactly like CA during the Davis era power crisis.

Exactly the same.

• Put controls on the price of the product and let the cost of the input resources float.
• Be shocked, shocked when the supply of the product dwindles.
• Undo it and sack those responsible.
• Ten years later, believe that your new scheme is so clever that the laws of economics can't touch it.

Lather, rinse, repeat.

[LomanBill]

>>Sounds exactly like CA during the Davis era power crisis.

The CA power crisis was deliberately manufactured. Ever hear the audio of Enron floor traders calling the CA power plants and asking them to shut down? Arrogant bustards.