Conservation confusion

06/30/2003
Confusion over the nature of conservation threatens to lead the US into serious mistakes with natural gas. A difficult winter looms—the winter just before a presidential campaign—and pressure is building on the federal government to do something about it. Energy consumers haven't been in this much jeopardy since the 1980s—and not because of market conditions.Yes, the government should do something. It should let the market work, which might indeed mean uncomfortably high gas prices this winter.The problem developed because the government limited the market's ability to deliver supply. With further price increases possible, people who should know better hail conse...
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