Born and raised in Houston, I know well the economic call to “Deregulate! Privatize! Deregulate! Privatize!” that came upon the state like a perverse new religion in the 70’s & 80’s and led directly to what’s happening now. Beware, America.
Vulture capitalism. Investors force the companies they own to sell assets and use the cash to pay dividends or stock buybacks.
Didn't the Texas gas plants stop storing reserve fuel, and this is part of why they ran out?
