Gas in 2003: a 2001 (redux) odyssey?

07/07/2003
It's entirely appropriate, one supposes, that the US government launches a summit to address a commodity crisis just as the first signs appear that the crisis is resolving itself.Consider the alternative: a possible government fix that could entail rationing and price controls.Yes, that sound you hear is a giant collective sigh of relief. But not just from the sight of easing gas prices. Government "cures" for market "illnesses" bring to mind the 18th century medical practice, often fatal, of bloodletting to cure yellow fever victims. Sometimes the cure is indeed worse than the disease.In any event, recent massive injections of natural gas into storage have cooled off overheated gas ...
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