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Originally Posted by midgetwaiter
Hmmm California, Ohio (the source of the east coast blackout) and Alberta all having strange power problems and rolling blackouts. Couldn't be related to deregulation could it.....
Remember folks, it's not only about higher prices, there are other benefits to deregulation!
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Anyone see ENRON "The Smartest Guys in the Room" documentary? In California it was the Enron traders making calls to the power stations to convince them to go off line or reduce there capacity because they would say the demand was lower (which it wasnt) resulting in the cost of power to increase therefore increasing Enrons profits while creating widespread power outages.