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  • Texas governor calls for probe into power grid operator ERCOT

    02/17/2021 6:56:33 AM PST · by Red Badger · 61 replies
    CNBC ^ | TUE, FEB 16 20218:24 PM EST | Staff
    Brian Sullivan reports a combination of factors such as a colder-than-expected storm, an industry unprepared for winter weather and a shortage of energy and wind power have created the massive power and water shortage in Texas. Texas also relies on nonprofit, Electric Reliability Council of Texas for its electric power grid, unlike other areas in the U.S., which is problematic. He joins Shep Smith to discuss. VIDEO AT LINK.....................
  • ‘A complete bungle’: Texas’ energy pride goes out with cold

    02/17/2021 4:25:52 AM PST · by Oldeconomybuyer · 201 replies
    The Associated Press ^ | February 17, 2021 | By PAUL J. WEBER
    AUSTIN, Texas - Anger over Texas’ power grid failing in the face of a record winter freeze mounted Tuesday as millions of residents in the energy capital of the U.S. remained shivering with no assurances that their electricity and heat — out for 36 hours or longer in many homes — would return soon or stay on once it finally does. “I know people are angry and frustrated,” said Houston Mayor Sylvester Turner, who woke up to more than 1 million people still without power in his city. “So am I.” Making matters worse, expectations that the outages would be...