A LETTER FROM WASHINGTON

Dear Tom Toolpusher: You wanted me to drop you a note on how Clinton & Co.'s energy policy was coming together. Well, it finally has. Granted, the new bunch is laboring in a difficult fiscal and environmental atmosphere. But it's hard not to be a little disappointed in what they've done so far. The keystone of the Clinton administration's energy policy is Energy Sec. Hazel O'Leary's new "gas and oil initiative."

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