Gas market needs supply

Appeals from the US Congress for energy conservation should be greeted warily. When politicians say "conserve," they too frequently mean "don't drill for oil and gas." A May 27 letter to Energy Sec. Spencer Abraham from 30 Democratic senators deserves this suspicion.The senators expressed justifiable alarm over conditions in the natural gas market. They properly commended Abraham for calling an emergency meeting of the National Petroleum Council to address gas supply. They realistically raised doubt that supply can reach needed levels later this year. Then the analysis began to crumble."Energy efficiency and conservation, as well as fuel-switching, are more likely [than new supply] to...

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