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Texas Leaders Press Utility Regulator to Correct Power Prices Bloomberg 3/12/2021 Naureen S. Malik and Mark Chediak © Bloomberg A truck drives down the street during a power outage in McKinney, Texas, U.S., on Tuesday, Feb. 16, 2021. (Bloomberg) Texas Lieutenant Governor Dan Patrick joined a majority of state senators in urging a key regulator to reverse billions of dollars in energy charges tied to last month’s blackouts. Popular Searches But Arthur D’Andrea, the chairman and lone member of the Public Utility Commission of Texas, told lawmakers in back-to-back hearings that he would not do so. In circular testimony that displayed an at-times murky grasp of how the state’s power market works, D’Andrea claimed that he lacked the authority to change prices, that doing so would bankrupt certain companies and could even affect hedging contracts for cattle futures. He also asserted, without evidence, that Texas’ independent market monitor erred

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