Monday, February 9, 2009

PostHeaderIcon Noone Could Have Imagined...

Texas electricity rates soar under deregulation - Houston Chronicle

Who would have guessed?

The sponsor of the legislation, former Sen. David Sibley, acknowledges rates have gone up but said he still considers the bill a success.

Sibley, who now lobbies for power companies and others, blames the hikes on increased natural gas prices.



Right.

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