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Company nearly $17,000 when he normally pays about $200 a month. so what in the world is behind this surge? it's not just supply and demand. it is largely about the state's unregulated energy market. to win over customers providers there offer all kinds of incentives, like something known as wholesale pricing, in most states like here in new york electric prices are regulated. the state can't higher them very much but in wholesale pricing prices can fluctuate daily based on supply and demand. the wholesale option is normally cheaper, but when there was a massive freeze the power grid was on th...

Elsewhere. somehow drawing a line to connect his state's power failures on renewable energy and the green new deal, which is still a proposal not a law. >> this shows how the green new deal, a deadly deal for the united states of america. texas is blessed with multiple sources of energy such as natural gas and oil and nuclear as well as solar and wind. our wind and our solar got shutdown and they were collectively more than 10% of our power grid. >> what you just heard is a blatant mischaracterization. the president of the electric reliability council of texas says multiple energy sources fail...

They just never saw something like this coming and there are a whole host of reasons for why that could be. it's certainly a huge failure on their part, but also on the part of many regulatory agencies and most importantly, the state's republican leadership. >> professor craig, what is your sense of why this happened? are there one or two reasons that this is kind of centering around or is it more complex than that? >> yeah, absolutely. i think your introduction got a lot of it right. so, ercot, every year, they look to the next season and they say, okay, here is what we expect demand to be, t...

In. food and water still desperately needed in texas nearly a week after winter storms walloped the state. congresswoman sheila jackson lee comes to us live from her district. and using the ku klux klan act to take on donald trump. clever, but twill work. i'm jonathan capehart and this is "the sunday show." this sunday, millions of americans in texas are still reeling from a humanitarian crisis, exacerbated by decades of republican leadership and mismanagement of the power grid. yesterday, president biden signed a major disaster declaration for the lone star state and is considering a visi...

♪ ♪ paul: welcome to the journal editorialing report. i'm paul gigot. millions of residents in the lone star state were left without heat and electricity this week as a winter storm and plunging temperatures crippled the texas power grid and brought the nation's most energy-rich state to its knees. widespread power outages leaving politicians and the press pointing fingers. so just what got texas to this point? let's ask "wall street journal" columnist dan henninger, kim strassel and editorial board member allysia finley.