Alleged that gas companies created artificial shortage days before storm to boost demand and then charge elevated rates, which then caused blackouts
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Ah yes, the private market working as intended.
enron 2 electric boogaloo
Those companies, plaintiff’s lawyer Andrew Gould argued on Monday, “diverted natural gas before winter, to create artificial scarcity — thus driving up the price.”
This would be hilarious if true. Capitalism strikes again.
I’d like to see the clowns at r/austrian_economics spin it.