An interesting change of pace: http://europe.theoildrum.com/node/3059 [snippet] In an Op-Ed that was published in the Wall Street Journal <http://online.wsj.com/article/SB118843421064212958.html>last month (and is available in full to non-subscribers on <http://www.cato.org/pub_display.php?pub_id=8678>CATO's website) two CATO economists specialised in deregulation and energy markets provide a breath of fresh air in the debates on energy. Their point is to criticize the poorly thought out deregulation in various US States over the past 15 years, and they explain clearly how energy markets work (something which is rare enough in the mainstream media), and what the consequences of various bits of deregulation are on market behavior and thus on electricity prices. .....