[tubebender]

I could never understand,why didn't the ISO simply refuse to purchase power at those high prices and stick it to the middle men?

[d14truth]

"I could never understand,why didn't the ISO simply refuse to purchase power at those high prices and stick it to the middle men?"

I think DOOFUS insisted that the lights stay on, regardless of cost. The 'middlemen' had other markets, not quite as hurting for power as the world's 5th largest economy, or willing to pay as much, though.