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Rolling Blackouts Hit Houston


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Also in the news, Metro is giving rice to the cold at their parking lots:

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;)

It means that if you drive a Honda, Metro will lower it for you, add neon lights underneath, an aftermarket spoiler, and "Type R" stickers all over it.

Some transit agencies only wash you car at the park and ride. This seems like a great deal!

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And in a peculiar twist of timing, ERCOT had raised the market cap on Tuesday from $2,250 to $3,000. The $2,250 itself had only been in place for about a week. Before that the cap was at $50 per megawatt-hour.

"Would this have happened on January 28th when the cap was $50 bucks?," asks Power. "To me it's odd. ... Two days ago they took the price cap off and then on [February 1st, Tuesday] they raised the cap to $3000 a megawatt-hour and then on [February 2nd, Wednesday] we've got price spikes like nobody's seen ever."

http://www.texasobse...texas-blackouts

Reminds me of the documentary Enron: The Smartest Guys In The Room

http://www.youtube.com/watch?v=_dm61gVae-I

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