"In this extraordinary use of the Defense Production Act, President Clinton delegated authority to the Energy Secretary, and the Energy Secretary, under the name of the Defense Production Act, forced suppliers to sell to parties that they would not have supplied in the absence of the use of the police power of the federal government."They issued an order that required a sale to be made under conditions where the sellers would never have agreed to sell in the absence of the use of the police power of the federal government. It was an order that required a sale at a price the seller never would have accepted under any ordinary circumstance and with no guarantee that the product – in this case, natural gas – would be paid for. I am not aware that the natural gas has yet in fact been paid for.
Once again, the "gougers" were never paid?
My head hurts. This is becoming typical. If the "gougers" were not paid, how come California needs to borrow all that money? I know....they are democrats, and democrats always need more money..(/sarcasm)