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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://twitter.com/ctraywick/status/1364316945554710531?s=21[/twitter][/quote]

OK they fell on their swords.  But the legislature is responsible for creating a system that failed.  The free market was supposed to provide resilience, and it did not.  ERCOT, for their many flaws, did not have the power to mandate winterization.  They accurately reported that "a majority" (not most, not all) producers followed their voluntary cold weather plans.  The failure is the market more than the administrators.[/quote]

but but but this was CRUZ and ABBOTT!!!! [/quote]
Yes, low regulation Cruz and Abbott created an atmosphere that lead to this.[/quote]

Yet the board resigned. They didn’t have to.[/quote]
Five board members didn’t live in Texas and the legislature has already been saying they want to pass a law that says board members need to live there.

Also, the board spent less than a minute discussing storm preparedness. Oops.
https://www.statesman.com/story/news/environment/2021/02/19/winter-storm-texas-ercot-officials-spent-40-seconds-preparedness-meeting/4507805001/[/quote]

Yes, but (a) Texas appoints the people to ERCOT, and (b) no warning could have changed the outcome.  You can't winterize wellheads and turbines in the snap of a finger.[/quote]

That's not at all true.  The could've checked to see whether the supply that was offline could have been restarted (they had 10 days).  They could have reminded the providers that if they needed to shed demand then make sure not to cut power to the natgas producers.  
[/quote]

it's my understanding that the wellheads froze.  Not sure what sense ^^ makes.  [/quote]

The wellheads froze because electricity to them was cut.[/quote]

Untrue.  Why are you making this up?  [/quote]

That's what Bloomberg and the natgas companies reported.  The link is a few pages back.  If that's wrong then you need to explain why.[/quote]

Pipelines froze because they're only buried one foot underground because "Texas never gets cold".  Nevermind that this is supposedly a once a century occurrence and pipelines are supposed to last 100 years.  Let's just admit it, Texas went as cheap as possible with everything.[/quote]

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