Editorial: Missing the energy point

By missing the point on energy policy, Congress is undermining the US economy.The time should be ripe for constructive action. The US has just experienced energy shortage and the elevated prices that go with it. Pressure to act is strong. Yet Congress approaches the subject as though no one in office has learned from experience.In present form, energy policy in the US is an unfocused patchwork of laws and regulations representing uneasy compromises between two contentious schools of thought.To one of school of thought, energy has mostly to do with oil company profits, which are scorned, and environmental protection, which is venerated. Disciples of this doctrine aim to limit both energy p...

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