It seems the most compelling argument against deregulation of utilities is that you can't trust money-grubbing greedy bastards to avoid artificially raising demand for said utilities.
Just like fuckwad stock brokers who pump and dump, Enron traders shut down power plants to artificially create demand and then gave it to the State of California up the pooper with their pricing, laughing all the way to the bank.
Jerks. All of them. I hope they rot in jail.