Well, it's hit the CME's radar. Who knew there were ERCOT futures, lol! https://www.cmegroup.com/content/dam/cmegroup/notices/clearing/2021/02/Chadv21-064.pdf
Guess this is what happens when you elect Republicans repeatedly. I guess the whole "Election Fraud" project hit a problem when millions have no power or running water.
Bullshit. ERCOT president Bill Magness is just trying to save his own ass now. "Months-long" blackouts. Really? So in, say, April or May, while the sun is shining and the birds are singing and everyone in the other 49 states are taking off their winter clothes, Texas would be without power? Was Texas going to be in a deep freeze in May with frozen wellheads while every other state around them is roasting in heat in the Spring? WTF?!?
In Texas everything is bigger including the power bills. But not to worry they are just going to spread your recent bill over 10 years.
And everyone wants hella var in their residential electric rates. Ken Lay must be laughing his ass off from beyond.