Because Texas failed to pass legislation requiring energy producers to winterize it caused the price of natural gas to go from $3 to $190 per MMbtu as Natural Gas pipelines in Texas stopped working. Now utility companies that paid that spot price are passing the cost on to their residential and business customers that use natural gas to heat their homes and businesses. This will result in heating bills for the month of February going up by as much as $400 for some customers in Colorado, Minnesota and other places that were smart enough to winterize their energy production.
https://www.denverpost.com/2021/02/20/power-cuts-weather-texas-wind-colorado-energy/
https://www.startribune.com/minneso...0-higher-because-of-southern-storm/600026627/
I wonder if we can get our AGs to sue Texas to get some of our money back.
https://www.denverpost.com/2021/02/20/power-cuts-weather-texas-wind-colorado-energy/
https://www.startribune.com/minneso...0-higher-because-of-southern-storm/600026627/
I wonder if we can get our AGs to sue Texas to get some of our money back.