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Old 01-26-2010, 01:39 PM   #1
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Originally Posted by goof2 View Post
America's energy situation serves as a pretty effective demonstration that it isn't necessarily good.
Oh regulation is mandatory in a lot of aspects in the energy world. Even in deregulated Texas, they are massively regulated.
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Old 01-26-2010, 01:48 PM   #2
goof2
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Oh regulation is mandatory in a lot of aspects in the energy world. Even in deregulated Texas, they are massively regulated.
That was my point. Energy is one of, if not the most, heavily regulated industries in America. This has been the case pretty much since The New Deal era. I believe America's energy policy is messed up, but it certainly didn't get that way due to a lack of regulation.
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Old 01-26-2010, 05:21 PM   #3
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Oh regulation is mandatory in a lot of aspects in the energy world. Even in deregulated Texas, they are massively regulated.
I was just goading 101. Sometimes, when things impact people in a critical way, regulation is a must. You can't always have unchecked and unbridled capitalism over democracy.
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