As California was plunged into its second consecutive day of daytime darkness on Tuesday, FERC regulators remained as divided as ever on whether to impose price caps on wholesale power sales in the West to prevent continuing blackouts and price hikes this summer.
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B-rrrrrr! California Feels the Cold Snap
The weekend is expected to give some relief to California’s “cold snap,” although by normal Midwest or Eastern standards, the daytime temperatures in the 50s and 60s are downright balmy, but by the standards of this state — even in winter — it’s been downright freezing in the nighttime and morning hours, pushing natural gas consumption to near-record levels from San Diego to the Oregon border.
B-rrrrrr! Even California Feels the Cold Snap
The weekend was expected to give some relief to California’s cold snap, although by Midwest or Eastern standards, the daytime temperatures in the 50s and 60s are downright balmy. By the standards of California — even in winter — its been downright freezing in the night time and morning hours, pushing natural gas consumption to near-record levels from San Diego to the Oregon border.
Debate Over Price Caps Continues on Capitol Hill
As California suffered through two consecutive days of daytime darkness last week, FERC regulators remained as divided as ever over whether to impose price caps on wholesale power sales in the West to help alleviate the continuing crisis.
Debate Over Price Caps Continues on Capitol Hill
As California was plunged into its second consecutive day ofdaytime darkness on Tuesday, FERC regulators remained as divided asever on whether to impose price caps on wholesale power sales inthe West to prevent continuing blackouts and price hikes thissummer.