I am leaving tomorrow for London and Aberdeen, to give presentations at the Institute of Economic Affairs and the annual meetings of the International Association of Energy Economics. I am leaving town at the right time, as my Cubs continue to be depressing (although at least Alou’s hitting is coming along, he just hit a single and is 2 for 4 today) and the first heat wave of the summer is coming this weekend. The paper I am presenting at the IAEE meetings is a version of this comment that I submitted to FERC in April in their market structure and design comment period, which I also mentioned below in my GAO post. I’m going to try to post commentaries on some of the papers, since it is an energy conference, as well as some observations as I travel around one of my favorite places on the planet.