Tag Archives: Puerto Rico Electric Power Authority

Another earthquake hits Puerto Rico with 5.9 magnitude on January 11, 2020

https://edition.cnn.com/2020/01/11/us/puerto-rico-earthquake/index.html Another earthquake hits Puerto Rico with 5.9 magnitude By Nicole Chavez, Maria Santana and Jay Croft, CNN Updated 2211 GMT (0611 HKT) January 11, 2020 Ponce, Puerto Rico (CNN)An 5.9 magnitude earthquake rattled Puerto Rico on Saturday, fueling anxiety … Continue reading

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Puerto Rico’s leaders don’t know who has power. Most Puerto Ricans STILL don’t have power, 50 days after Hurricane Maria!

42% power generation in PR as of 11-8-17 does little good when less than 5% of Puerto Ricans have electricity, even 50 days after Hurricane Maria. Upper right box shows the government-owned monopoly’s power generation at Status.PR. http://status.pr The discrepancy … Continue reading

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Even before Hurricane Maria hit, Puerto Rico was a mess

https://www.economist.com/news/united-states/21730432-even-hurricane-maria-hit-it-was-mess-story-puerto-ricos-power-grid Even before Hurricane Maria hit, it was a mess Oct 19th 2017 | SALINAS IN A room beneath the smokestacks of the Aguirre steam plant in south-eastern Puerto Rico, an engineer points to a colourful poster entitled “How Electricity … Continue reading

Posted in culture and cycle of dependency, Hurricane Maria and aftermath, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Maria Strikes, and Puerto Rico Goes Dark

Maria Strikes, and Puerto Rico Goes Dark By LUIS FERRÉ-SADURNÍ and ANEMONA HARTOCOLLISSEPT. 20, 2017 Photo A collapsed building in Old San Juan, P.R., on Thursday. Credit Erika P. Rodriguez for The New York Times SAN JUAN, P.R. — Read … Continue reading

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How Free Electricity Helped Dig $9 Billion Hole in Puerto Rico

Puerto Rico giving away electricity for free and Venezuela giving away products like gasoline for almost free are terrible policy mistakes. Such Socialistic policies are destructive because they do not allow the free market to assign the correct prices for … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, economic crisis, Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment