WATCHING WASHINGTON DIBONA FAULTS CLINTON ENERGY POLICY

With Patrick Crow Charles DiBona, American Petroleum Institute president, says the Clinton administration is crafting a fundamentally unsound energy policy. He told the National Economists Club in Washington last week the administration wants to pry the U.S. economy away from oil, using a BTU tax as the lever. DiBona said this seems to be based on flawed premises. "The first is that there exists an enormous untapped reservoir of costless conservation 'savings' waiting to be exploited to

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