Re:U.S. annual inflation rate drops to 8.5%
by sangnoir on Wednesday August 10, 2022 @11:21AM
(#32413474)
Texas energy pricing went up because of losses incurred in early 2021 during the infamous winterstorm that resulted in runaway prices.
Most energy companies ran into losses, but the supervising authority approved loss recovery via price increases over a number of years.
Says the guy who can’t spend 2 seconds searching.
Energy prices at least doubled in Texas. And was relatively stable 2016 through mid 2021