views on energy market regulation?

Question

i would like a few opinions regarding energy market regulation in america and abroad, in particular whether you feel as i do that it is a good idea. while markets are risky and the organizations that trade energy will never be perfect, i believe that open markets are a better alternative to depending solely on governments and energy cartels to determine prices. however, these markets are vulnerable to corruption, as could be witnessed in california during the enron days. i am looking for different viewpoints, any and all opinions on the subject are welcome...

Answer 1

It doesn't now depend on government or cartels manipulation, demand still is a driving force. Open markets will never truly exist, since so much secondary and tertiary forces are at play (regulations governing other forces, national security, over all cyclical nature of economies and volatile socio-political factors).

Answer 2

I am sort of mixed on it, so I cautiously say I am in favor. When so much of the energy companies are monopolies locally they would tend to produce too little and charge too much. Then we think of energy being a necessity these days. Overcharging will have an impact on the overall economy. Then I think of helpless little old ladies that can't afford heat or air conditioning and dying from extreme weather.