How to Profit From the Texas Energy Crisis
Texas Gov. Greg Abbott said in a statement:
The state of Texas will continue to investigate [the Electric Reliability Council of Texas] and uncover the full picture of what went wrong.
Well, I can save the state a lot of time and money on that investigation.
It doesn’t take a rocket scientist to know that the state's grid failed because it wasn’t properly prepared for the kind of winter storm it got. It’s really just that simple.
The grid in Texas was never designed to perform in harsh winter conditions. And why would it have been? It’s not as if Texas is a state that gets a lot of below-freezing temperatures and snowstorms.