- cross-posted to:
- news@lemmy.world
- usa@lemmy.ml
- cross-posted to:
- news@lemmy.world
- usa@lemmy.ml
Texas power prices soar 20,000% as brutal heat wave sets off emergency::On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
Don’t worry everyone. The free market will take care of this for sure! Deregulated private companies always have the best interests of the consumers at heart!
@hoot @L4s The free market will eventually take care of it, although it might take decades or longer to do so. If you don’t want to wait decades, then regulate it.
I think that other comment was sarcasm
But how do we know? They didn’t use the sarcasm font!