BUCHELE – Financial Treason & Crime

Mose Buchele, 14 June 2021

The Electric Reliability Council of Texas has asked people to conserve energy throughout the week as the supply of electricity on the Texas grid runs the risk of falling short of demand.

Texans should reduce their electricity use through Friday, ERCOT said.

It is the second time the state’s grid operator has made such a request since devastating blackouts gripped Texas in February. Continue reading “Article: ERCOT Calls On Texans To Conserve Power Amid High Summer Demand, Forced Outages”

05/10/202105/12/2021

Article: It’s Becoming Clearer Who Profited From The Blackouts, And That’s Raising Questions Of Price Gouging

Article - Media, Publications

It’s Becoming Clearer Who Profited From The Blackouts, And That’s Raising Questions Of Price Gouging

FMOSE BUCHELE, 10 May 2021

The blackouts that hit Texas in February left more than 100 people dead and caused billions of dollars in debt for those who found themselves on the wrong side of the state’s famously laissez-faire energy market. For others, it created huge earnings the full scope of which are now coming into focus.

Until recently, companies that made a lot of money during the freeze have tried to keep a low profile about it. But quarterly financial reports have come due making that information harder to conceal. The big winners: companies that sold natural gas. Continue reading “Article: It’s Becoming Clearer Who Profited From The Blackouts, And That’s Raising Questions Of Price Gouging”