Watching Government: The difference a year makes

In February 2005, energy received a few paragraphs and a sidebar in the Economic Report of the President prepared by the Council of Economic Advisers. In mid-February of this year, it consumed an entire chapter.This is the difference that a year-and a Category 5 hurricane or two slamming into the US Gulf Coast-can make.In the report’s introduction this year, President George W. Bush noted that passage of the 2005 Energy Policy Act “will help increase the reliability of our energy supply and the efficient use of the energy we have.” But, he continued, the US must continue to find new ways to diversify its energy sources and become less dependent on foreign suppliers.The c...

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