The real question for investigators is how come with two massive NRG owned power plants sitting just outside Houston, many of its citizens were without electricity for 55 hours in sub-freezing temperatures? Maybe NRG Plants should be better prepared for less-than-optimal weather scenarios as somehow Minnesota keeps the power on with much colder weather in the winter each year. I guess it was a good thing in the end that NRG changed the stadium name from Reliant Stadium to NRG Stadium.
We examine the Texas Freeze Crisis in this video, detailing some of the important questions that need to be answered in any rigorous, objective investigation.
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Courtesy of John Mark Gray, John has an MA in Philosophy and an MBA in Business. He has worked in academia, Fortune 500 companies, consulting, and financial markets. He has written many articles and white papers on financial markets and economics. He has a background in Logic & Game Theory and enjoys playing Chess and Poker in his spare time.
The views and opinions expressed herein are the author's own and do not necessarily reflect those of EconMatters.
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