From your article Darling seeks UK energy price talks, it seems the government of Britain is finally realising that maybe the market doesn't provide for all. That Alistair Darling is having second thoughts about the government's lack of energy policy is especially ironic in the context of Britain long preaching the same at the EU level.

Not that these frantic actions to stave off price hikes will change much, and the arguments raised are rather daft.

It's funny to now hear talk of prices as a function of production prices. Prices on a free market are determined by supply and demand. In effect, the price will be close to the production price of the most expensive producer whose supply is needed to meet demand -- and the rest will cash in. When supply is getting tight -- as in a post North Sea boom Britain --, and demand is unchecked -- as in a country with an electricity market switched to gas-fired power plants --, that means rising prices.

Centrica also blames the rest of the EU for rising demand, and you make it appear as if this is a result of less free markets. But please, don't take the reader for a fool! A wider free gas market won't result in reduced demand, quite the opposite, and the one siginficant result won't be lower prices for Britain but higher ones everywhere else.

236 words with link.

_{*Lunatic*, n.
One whose delusions are out of fashion.}