Topic: Texas News
The first indication of trouble a-brewing at Enron was the rolling blackouts in California, instituted by a company so desperate for money that they shut down the power grids to drive up prices so they could pay off debt. Is this what is happening in Texas?Beginning this past Saturday night, rolling blackouts have struck Texas, including Dallas for a period of four hours, which pretty much forced us to sit in the dark and drink beer. Not that's what we weren't going to be doing anyway, but this way we didn't even have a choice of doing something else.
Yesterday the blackouts were instituted again, and today they're back, shutting down grids from Houston to Dallas. But this is, at least according to the power companies, not a lame attempt to drive up energy costs. They claim the reason is due to the sudden surprise heat wave and the plants not being up to capacity after being down for maintenance all winter.
Sounds reasonable... wait a second. That's just what Enron said! We knew it! We would see nothing more enjoyable than TXU going down hard. They're scam artists. Do you hear that state government? TXU is trying to drive up energy costs. Sic 'em!
AP via YAHOO! NEWS
Posted by James
at 4:38 PM CDT
