and in the years 2000-2001 we reverted to a third world country and had rolling blackouts statewide of our electrical delivery system. funny, it never happened again, even though we were told our system was on the verge of collapse. i guess global warming made everyone stop using their heaters
oh, and not all boobies are created equal
my first thought after reading your post was enron
so i scroogled it an lo and behold
"Before passage of the deregulation law, there had been only one Stage 3 rolling blackout declared. Following passage, California had a total of 38 blackouts defined as Stage 3 rolling blackouts, until federal regulators intervened in June 2001. These blackouts occurred mainly as a result of a poorly designed market system that was manipulated by traders and marketers. Enron traders were revealed as intentionally encouraging the removal of power from the market during California's energy crisis by encouraging suppliers to shut down plants to perform unnecessary maintenance, as documented in recordings made at the time.[8][9] These acts contributed to the need for rolling blackouts, which adversely affected many businesses dependent upon a reliable supply of electricity, and inconvenienced a large number of retail consumers. This scattered supply raised the price exponentially, and Enron traders were thus able to sell power at premium prices, sometimes up to a factor of 20x its normal peak value."