WHY U.K. ENERGY POLICY WORKS

A free market energy policy can work. The trick is to set proper goals. The U.K.'s free market policy is working very well. Drilling in the British North Sea has recovered from the crash of 1986. Well completions, according to a U.K. Department of Energy survey, might set a record this year. A survey by County NatWest Woodmac of Edinburgh, Scotland, indicates activity will remain strong through at least 1993.

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