the electricity deal is real bad, but as great a place as Texas is to live, they do have their problems.
another big one that Texas will have to deal with are going to be floods. there are a lot of high populated area's there that the homes were built on flood plains and those area's are favored to get hit with an extra foot of water within the next 3 years. flood insurance gets a subsidy from the federal government, but not nearly enough to cover the value of some of those homes. the flood insurance premiums must be real high there.
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