Gladwyn d’Souza · @godsouza
64 followers · 508 posts · Server sfba.social
Official misconduct in gas markets gouging consumers i.e #RegulatoryCapture at the #CaPUC: Spot market #transactions in #NaturalGas are shielded from #PublicScrutiny. Comparable #electricity #transactions, by contrast, were made #public after #Enron traders took advantage of #deregulation to loot California. Now every electricity trade on the spot market is published, deterring such #misconduct.
https://www.latimes.com/opinion/story/2023-03-13/natural-gas-price-socalgas
#regulatorycapture #capuc #transactions #naturalgas #publicscrutiny #electricity #public #Enron #deregulation #misconduct