A ten-fold jump in wholesale electricity prices caused a series of blackouts and the bankruptcy of California's largest utility, Pacific Gas & Electric, owned by PG&E Corp.
As I said before, you can't be a little bit pregnant. And energy deregulation is a phony scam on the consumer.
The price on the spot market for natural gas was not affected by transportation costs whatsoever. If the demand wasn't there, the prices would fall, even below cost if necessary, to move it.
This story is a case of a pipeline company who was hosing other companies, and it has nothing to do with the consumer at all.
None of this will change your repeated mantra, which you repeat endlessly in spite of overwhelming evidence.
I don't think we disagree on this statement!